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. . . Public Hearing, it was not necessary that the Public Hearing be held. He added that, since none of the owners had expressed an interest in being heard, his remarks would be brief. The Real Estate Manager referred to the Staff Report attached to the Agency's Agenda item and referenced in the Resolution of Necessity and indicated that it was to be considered part of the public record and added that this staff report also addressed the questions delineated by the Chairman. He pointed out that the Agency had entered into a Participation Agreement with Santa Ana Venture and that Section II.A. of this Agreement called for the Agency to utilize the power of eminent domain to acquire and convey to the City those parcels that are required for the project. He added that the proposed Perimeter Road, which will be a public roadway, passes through real property in which Judy's Santa Ana, Inc. has a leasehold interest. The Real Estate Manager stated that the property owner had been apprised of the situation and that the Agency had made an offer to Judy's Santa Ana which has not as yet been accepted. He added that negotiations were continuing but that staff felt it prudent to proceed with the condemnation proceedings in the event that the negotiations failed to produce a settlement in order that construction of the road could proceed in a timely manner. In response to a query from Chairman Griset, the Agency Secretary affirmed that there were no written communications. Chairman Griset then invited those who wished to address the Agency to step forward to the podium, give their name and address and limit their remarks to five minutes, keeping in mind the following four issues: 1. Whether project; and the necessity require the public interest 2. Whether the project is planned or located in the manner that will be most compatible with the greatest public good and the least private injury; 3. Whether the properties sought to be for the project; or, are necessary acqui red 4. Whether an offer, as required by Section 7267.2 of the Government code, has been made to the record owner. There being no one who wished to speak, the Chairman the Public Hearing closed and called for a motion. declared It was then moved by Agency Member Acosta, seconded by Agency Member Luxembourger and carried unanimously (7:0) that the Agency adopt Resolution 86-16: A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA AUTHORIZING AND DIRECTING THE CONDEMNATION OF THAT CERTAIN LEASEHOLD INTEREST HELD BY JUDY'S SANTA ANA, INC. IN THAT CERTAIN REAL PROPERTY KNOWN AS #40 FASHION SQUARE, 2850 NORTH MAIN STREET FOR 4.