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<br />1. <br /> <br />Adopt Resolution No. 91-04 - A Resolution of the Community <br />Redevelopment Agency of the City of Santa Ana adopting a Mortgage <br />Credit Certificate Program in cooperation with the County of Orange, <br />authorizing an application to the California Debt Limit Allocation <br />Committee for an allocation for the issuance of Mortgage Credit <br />Certificates and the transfer of such allocation to the County of <br />Orange. <br /> <br />. <br /> <br />2. <br /> <br />Direct the Agency Attorney to prepare and authorize the Chairman and <br />the Executive Director to execute a cooperative agreement between the <br />County of Orange and the Community Redevelopment Agency of the City of <br />Santa Ana to implement a Home Kortgage Finance and Mortgage Credit <br />Certificate Program. <br /> <br />AB 265 (CHAPTER 1135 <br />COMPLIANCE FINDING <br /> <br />STATUTES OF 1985) RESIDENTIAL SET-ASIDE <br /> <br />It was moved by Agency Member McGuigan, seconded by Agency Member Acosta <br />and carried unanimously (4:0) that the Redevelopment Agency adopt <br />Resolution No. 91-05 - A Resolution of the Community Redevelopment Agency <br />of the City of Santa Ana making certain findings pursuant to Section <br />33334.2 of the Community Redevelopment Law for Fiscal Year 1991-92. <br /> <br />FISCAL YEAR 1991-92 ANNUAL BUDGET OF THE COMMUNITY REDEVELOPMENT AGENCY OF <br />THE CITY OF SANTA ANA <br /> <br />. <br /> <br />It was moved by Agency Member McGuigan, seconded by Agency Member Acosta <br />and carried unanimously (4:0) to continue this item to July 16, 1991, the <br />next regularly scheduled meeting of the Community Redevelopment Agency. <br /> <br />INFILL NEW CONSTRUCTION LOAN - 1915 SOUTH BIRCH <br /> <br />It was moved by Agency Member KcGuigan, seconded by Agency Member Acosta <br />and carried unanimously (4:0) that the Redevelopment Agency approve an <br />InfUl New Construction Loan to Mr. & Mrs. KcGrath in an amount not to <br />exceed $50,000 to finance the construction of a new three-bedroom, two-bath <br />single-family residence located at 1915 South Birch. <br /> <br />AGREEMENT FOR THE ACOUISITION OF REAL PROPERTY - - 211 NORTH MAIN STREET <br />(PROJECT NO. 9140) <br /> <br />On a motion by Agency Member McGuigan, which was seconded by Agency Member <br />Griset and carried unanimously (4:0), the Redevelopment Agency approved the <br />Agreement for the Acquisition of real property located at 211 North Main <br />Street. <br /> <br />Staff requested that the Agency rescind approval of and continue this item <br />in order to allow staff to further negotiate terms of the agreement with <br />the property owner. <br /> <br />. <br /> <br />The approval of this item was rescinded on a motion by Agency Member <br />McGuigan, seconded by Agency Member Acosta and carried unanimously (4:0). <br /> <br />-2- <br />