07/15/1986 - Laserfiche WebLink

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. . . 1) Authorize staff to prepare an agreement for the signature for architectural design services for structure at the northwest corner of Third Street Street with the firm of Parsons, Brinkerhoff, Douglas, Incorporated in the amount of $75,000. Chairman's a parking and Birch Quade, and 2) Authorize staff to prepare an agreement for the Chairman's signature for architectural design services for a parking structure at the southwest corner of Fifth Street and Main Street with the firm of International Parking Design, Incorporated in the amount of $62,700. AGENCY AGENDA ITEMS - APPROVAL OF SECURITY ASSIGNMENT HOUSING PROJECT RIVERVIEW FOR The City Manager pointed out that that Riverview Community Partnership was requesting that the Agency approve the proposed assignment of their Owner Participation Agreement to California First Bank for security purposes. He added that Riverview Community Partnership would still be responsible for carrying out the obligations of their agreement but that the lender felt that, in the event of default by Riverview, they should have the ability to complete the project. It was then moved by Vice Chairman Johnson, seconded by Agency Member McGuigan and carried unanimously (7:0) that the Agency adopt Resolution No. 86-48: A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA CONSENTING TO THE ASSIGNMENT, FOR SECURITY PURPOSES, OF AN OWNER PARTICIPATION AGREEMENT FROM RIVERVIEW COMMUNITY PARTNERSHIP TO CALIFORNIA FIRST BANK. ADJOURNMENT There being no further business to come before the Agency, the meeting was adjourned at 6:53 P.M. D.n~ .,he< .~ Chairman Executive Director 11