07/15/1986 - Laserfiche WebLink

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1) Adopt Resolution No. 86-46: A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING LEASE-PURCHASE, TRUST, ASSIGNMENT AND LOAN AGREEMENTS, PRELIMINARY AND FINAL OFFICIAL STATEMENTS AND CONTRACT OF PURCHASE PERTAINING TO THE SANTA ANA DOWNTOWN PARKING FACILITIES PROJECT, AND AUTHORIZING EXECUTION THEREOF. . 2) Approve an agreement with Rutan & Tucker as Bond Counsel Rausher Pierce Refsnes, Inc. as Financial Advisor on subject issue and authorize the execution thereof. and the PUBLIC HEARING TO ADOPT RESOLUTION NO. 86-39 DIRECTING CONDEMNATION OF PROPERTY WITHIN THE A-2 DEVELOPMENT SITE (307-309 WEST FOURTH STREET) . The Chairman announced that it was the time and place for the Public Hearing on the issue of the Public Necessity to acquire by condemnation a property identified as Assessor Parcel Number, as Book 398, Page and Block 255, Parcel 21, for redevelopment purposes. He asked that staff identify the property and the project and comment on the factors and evidence necessitating the condemnation action. He asked that staff set forth why the public interest and necessity require the project; why the project is planned or located in the manner that will be most compatible with the greatest public good and the least private injury; why the property sought to be acquired is necessary for the project; and, whether or not the offer as required by Section 7267.2 of the Government Code has been made to the owner of record, or any offer has not been made because the owner cannot be located with reasonable diligence. The Real Estate Manager stated that he wished to incorporate the staff memorandum on pages 54 and 55 as a part of his report. He stated that this property is one of the last sites to be acquired for the development of the A-2 site and that it is owned by Judy M. Roelofs and is occupied by the Arrow Tux Rental Corporation. He pointed out that, for the business to continue in this building, it would be necessary to rehabilitate the building so that it would conform to the requirements of the seismic ordinance, adding that, in his opinion, this would be an imprudent investment since the building is to be condemned as a part of the A-2 site. The Real Estate Manager stated that staff was negotiating with the owner of the property and felt that a settlement could be reached as soon as the appraisal of their trade fixtures is complete. In response to a query from the Chairman, the Agency Secretary affirmed that there were no written communications. . There was no response when the Chairman called for those members of the public who wished to agree or disagree with this action to address the Agency. He then declared the public hearing closed and called for a motion. 7