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<br />~_. . - <br /> <br />. - <br /> <br />.~ <br />,'.' - <br /> <br />., <br /> <br />f <br /> <br />S8pt8lber 27, 1974 <br /> <br />Mr. Jack Stanley <br />106 W. Pourth Str_t <br />SaDta Ana, California 92701 <br /> <br />Dear Mr. Stanley I <br /> <br />With regard. to property owned by you aDd Mr. Michael DOyle <br />(aDd çoues) located at the H. B. corner of FUth and aoas <br />streets in the City of Santa Ana (a.s.ssor description A.P. <br />110. 08-051-16), please be advlsea that th18 8g'ency staDds <br />ready to acquire said property for the .. of tbirtr-nine <br />thousand dollars.in cuh. We anticipate having' authority <br />to aequtre thu property on october 9, 1974 and 8\JbMquently. <br />should a tiae delay in any way 1nc:ODvenience you, . we stand <br />ready to acquire the property 1mIDediately. <br /> <br />As we ba¥e di8CW1Sea on .."..al oec:a8iOlUJ, the property in <br />question u.needed for the aueeessful iapl888ntation of the <br />renewal of the project area aDd our appraisal of the property <br />indicates this offer to be the falr II81'ket value. <br /> <br />In addition to the value offered we are a180 prepared to pay <br />all DOftIal cl08ing' costa in connectlon wlth the property and <br />are further prepared to enter into escrow baediately. <br /> <br />As dlaoused at our last meeting of 8ept..œr 26th. we do <br />w18h to br1ng' thi8 ..tter to a close aa rapidly as po881ble <br />and know thi8 is your desire a180. We w111 be d18CW1S1ng' <br />this with the Redevelopllent Agency at our ft8'Xt regular <br />meet1nc¡ of October 9th. <br /> <br />we are sorry that we haven' t been able to bring this to a <br />conclusion aautually agreeable to both parties but please <br />f"l free to call \18 at any tilDe and ccmaider thls offer <br />open until revOked by writing. <br /> <br />S1acerely, <br /> <br />Rich.ard B. Gobl1r8Ch <br />Bxecutlve Director <br /> <br />C!..I( if-tO <br />