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<br />. <br /> <br />. <br /> <br />. <br /> <br /> If <br /> <br />Lloyds Bank would be paying $100 per month during the first <br />five years of the Lease Agreement, with the rental rate to <br />be negotiated during the five year option period based upon <br />the current rentals of the Downtown Parking Garage. <br /> <br />Mr. Luxembourger asked staff what was the maximum that the <br />Agency could lease to Lloyds Bank in the garage. Mr. Cooper <br />stated that it was 25%. <br /> <br />The following persons spoke on the above matter: <br /> <br />Walter E. Scott <br /> <br />Spurgeon Building <br />Santa Ana, CA <br /> <br />zika Djokov ich <br /> <br />211 N. Main <br />Santa Ana, CA 92701 <br /> <br />Robert Theel <br /> <br />31878 Camino Capistrano <br />No. 278 <br />San Juan Capistrano, CA <br /> <br />After further discussion a motion was made by Mr. Griset, <br />seconded by Mr. Luxembourger and carried by a 4:1 vote (Mrs. <br />McGuigan casting the "NO" vote) to adopt the following <br />Resolutions: <br /> <br />Resolution 81-135: A RESOLUTION OF THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />AUTHORIZING THE CHAIRMAN OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA TO EXECUTE A FIRST <br />AMENDMENT TO AGREEMENT BETWEEN THE COMMUNITY REDEVELOP- <br />MENT AGENCY OF THE CITY OF SANTA ANA AND LLOYDS BANK <br />CALIFORNIA. <br /> <br />Resolution 81-136: A RESOLUTION OF THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />AUTHORIZING THE CHAIRMAN OF THE COMMUNITY REDEVELOPMENT <br />AGENCY TO EXECUTE A LEASE AGREEMENT BETWEEN THE AGENCY <br />AND LLOYDS BANK CALIFORNIA. <br /> <br />MAJOR COMMERCIAL REHABILITATION LOAN PROGRAM - REVISED <br />PROCEDURES - LOAN AGREEMENTS/NOTE PURCHASE AGREEMENTS <br /> <br />The City Manager requested that the Agency continue this <br />item until December 7, 1981 in the afternoon because of <br />delays with final closing. <br /> <br />A motion was made by Mr. Griset, seconded by Mr. Acosta and <br />carried unanimously to continue the adoption of the <br />resolutions necessary to implement the revised procedures to <br />fund loans for the following seventeen projects until <br />December 7,1981 at 2:00 P.M.: <br /> <br />-6- <br />