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<br />. <br /> <br />. <br /> <br />. <br /> <br />REDEVELDPIIE.T AIõEIII:Y .IIIITES <br /> <br />2.A. <br /> <br />~ <br /> <br />3.A. <br /> <br />~ <br /> <br />4.A. <br /> <br />~ <br /> <br />MERCY HOUSE TRANSITIONAL LIVING CENTER <br /> <br />Approve a loan through the Nonprofit Loan Pool Program to Mercy <br />House in an amount not to exceed $128,200 to finance the acquisition <br />and rehabilitation of 1505 and 1509 North Bush Street. <br /> <br />MOTION: McGuigan <br /> <br />SECOND: Richardson <br /> <br />VOTES: <br /> <br />AYES: <br /> <br />McGuigan, Norton, <br />Pulido, Richardson <br /> <br />NOES: <br /> <br />RESOLUTION - DEFERRED LOAN REFINANCING - 505 NORTH MAIN STREET <br /> <br />Adopt a resolution: <br /> <br />RESOLUTION 92-11 - A resolution of the Community Redevelopment <br />Agency of the City of Santa Ana authorizing the refinancing of a <br />rehabilitation loan secured by property located at 505 North Main <br />Street. <br /> <br />MOTION: Richardson <br /> <br />SECOND: McGuigan <br /> <br />VOTES: <br /> <br />McGuigan, Norton, <br />Pulido, Richardson <br /> <br />AYES: <br /> <br />NOES: <br /> <br />AMENDED LOAN TO CIVIC CENTER BARRIO HOUSING CORPORATION FOR 201 <br />NORTH RAITT STREET <br /> <br />1. <br /> <br />Approve an amendment to the Infill New Construction Loan <br />Agreement with Civic Center Barrio Housing Corporation for its <br />project located at 201 North Raitt Street for a total amount of <br />$284,000. <br /> <br />2. <br /> <br />Approve a short-term loan with Civic Center Barrio Housing <br />Corporation for its project located at 201 North Raitt Street <br />for a total amount of $50,000. <br /> <br />3. <br /> <br />Authorize deferment on the $58,200 repayment loan to a 30-year <br />term. <br /> <br />MOTION: Richardson <br /> <br />SECOND: McGuigan <br /> <br />VOTES: <br /> <br />AYES: <br /> <br />McGuigan, Norton, <br />Pulido, Richardson <br /> <br />NOES: <br /> <br />-2- <br /> <br />AUGUST 18. 1992 <br /> <br />I <br />~ <br />