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<br />. <br /> <br />. <br /> <br />. <br /> <br />The Notice of Adjournment of the May 16, 1995 Regular Meeting of the <br />Community Redevelopment Agency was posted on the door of the Council <br />Chambers, 22 Civic Center Plaza, at 5:32 p.m. on May 16, 1995. <br /> <br />MOTION: Moreno <br /> <br />SECOND: <br /> <br />Espinoza <br /> <br />VOTES: <br /> <br />AYES: <br /> <br />Espinoza, Lutz, McGuigan, Mills, Moreno, Pulido <br /> <br />NOES: <br /> <br />PUBLIC HEARING -- GRAND CENTRAL BUILDING ACQUISITION AND LEASE WITH CALIFORNIA <br />STATE UNIVERSITY FULLERTON <br /> <br />The public hearing opened at 1l:57 p.m. Executive Director/CoDUllunity Development <br />Agency Cynthia Nelson presented the staff report and staff comments. No written <br />comments were received. <br /> <br />The Vice President of Cal State Fullerton, Jay Bond, offered comments in support <br />of the project. <br /> <br />The public hearing closed at 12:03 a.m. <br /> <br />Motion: <br /> <br />1. <br /> <br />Direct the Agency Attorney to prepare, and authorize the Chairman <br />and Executive Director to execute, an agreement for the acquisition <br />of real property and escrow instructions acquiring the real <br />property located at 202 North Broadway, Santa Ana, from Harry <br />Greenberg for $1,340,000. <br /> <br />2. <br /> <br />Direct the Agency Attorney to prepare, and authorize the Chairman <br />and Executive Director to execute, a lease agreement with the <br />California State University Fullerton Foundation for the real <br />property located at 202 North Broadway, Santa Ana. <br /> <br />3. <br /> <br />Delegate the authority to the Redevelopment Commission to implement <br />the estimated California State University Fullerton Grand Central <br />Art Center Program Budget. <br /> <br />MOTION: Lutz <br /> <br />SECOND: <br /> <br />Mills <br /> <br />VOTES: <br /> <br />Espinoza, Lutz, McGuigan, Mills, Moreno, Pulido <br /> <br />AYES: <br /> <br />NOES: <br /> <br />HOME MORTGAGE FINANCE AND CREDIT CERTIFICATE PROGRAM <br /> <br />Motion: 1. <br /> <br />Adopt Resolution 95-5 - A resolution of the Community Redevelopment <br />Agency of the City of Santa Ana adopting a Mortgage Credit <br />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 />REDEVELOPIIEHT AGElICY MINUTES <br /> <br />-2- <br /> <br />.JUlIE 19, 1995 <br />