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<br />f <br /> <br />" <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />/1 <br /> <br />"My husband carries on his legal practice in this office <br />and the overhead is exceedingly reasonable for the site of his <br />office space in this particular area. Also, in approximately 5 <br />years the entire obligations on the property will be paid in <br />full and the overhead will again decrease." <br /> <br />"Also, the Agency's contract with the developer allows for <br />other property to be used or acquired for necessary parking for <br />the project. The Agency is aware that substantial additional <br />property has been acquired in proximity to the project, which <br />would more than replace the square footage in my parcel." <br /> <br />"In summation the Agency is transferring property from one <br />individual to another individual to be used in exactly the same <br />manner, which I cannot see furthers the public interest. Also, <br />other property which the City already owns, could be used <br />within the provisions of its contract for the necessary parking <br />and this action would alleviate substantial private injury." <br /> <br />"Build your project but build it around my property, which <br />I believe would fulfill your burden and obligation to avoid and <br />alleviate private injury in approving these projects." <br /> <br />Mr. Leslie Badin, Jr. advised the Agency that he too supported <br />the position outlined in Mrs. Tipping's written statement. <br /> <br />Mr. Markel stated that he too supported this position and <br />objected strenuously to this property being taken from its <br />owners and made a part of the Ferrante/Walder Development site. <br /> <br />Vice Chairman Luxembourger asked if there were any other <br />speakers in the audience who wished to come before the Agency. <br />There being none, he declared the Public Hearing closed. <br /> <br />After further discussion, it was moved by Mr. Griset, seconded <br />by Mr. Markel and carried by a vote of 5:1 (Mr. Markel voting <br />"NO") that the Agency adopt Resolution 83-4: A RESOLUTION OF <br />THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />AUTHORIZING AND DIRECTING THE CONDEMNATION OF CERTAIN REAL <br />PROPERTY FOR REDEVELOPMENT PURPOSES IN THE FERRANTE/WALDER <br />JOINT VENTURE DEVELOPMENT SITE IN THE CITY OF SANTA ANA, STATE <br />OF CALIFORNIA, AND DECLARING THE PUBLIC NECESSITY THEREFOR. <br /> <br />Mr. Bricken returned to the Council Chambers at 9:10 P.M. <br /> <br />4. <br />