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. . . . . . REL:rs 9-21-76 RESOLUTION NO. 76-26 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA GRANTING A VARIANCE FROM THE REDEVELOPMENT PLAN FOR THE DEVELOPMENT OF LOW AND MODERATE INCOME APART- MENT HOUSING IN THE AREA BOUNDED BY FIRST, FLOWER, THIRD AND ROSS STREETS. BE IT RESOLVED by the Community Redevelopment Agency of the City of Santa Ana as follows: 1. That it is hereby determined that exceptional cir- cumstances exist to grant a variance, and a variance is hereby granted, to the Community Redevelopment Agency of the City of Santa Ana and to its successors and assigns in interest, from the limits, restrictions and controls of the Redevelopment Plan for the C~ty of Santa Ana Redevelopment Project Area, for that land presently owned by or hereafter to be acquired by the said Community Redevelopment Agency which is located within an area bounded on the south by First Street, on the West by Flower Street, on the North by Third Street and on the east by Ross Street, in the City of Santa Ana; 2. That the proposed variance, as hereinafter conditioned, will be compatible with the standards and ~equirements set forth in the said Redevelopment Plan; 3. The modifications in the variance necessary in order to meet the requirements of the said Redevelopment Plan are as follows: (a) The variance is granted upon the con- dition that the said Community Redevelopment Agency enter into an agreement with a developer providing for the disposition and development of the subject property as a combination of approximately 199 units of low-rent apartment housing and 300 units of market rate apartment housing for low-and moderate-income families; that such agreement contain specific provisions governing the design and improvement of such development; and. that development be in accordance with such provisions; and (b) The variance is granted upon the additional condition that the City of Santa Ana rezone the subject property to the SD (Specific Development) use district and adopt a specific development plan for the development of said property; and that development be in accordance with such plan. 4. That the said Community Redevelopment Agency has not at this time entered into an agreement for the development of improvements in accordance with the variance and submitted plans, but intends to do so in accordance with the condition hereinabove set forth; 5. That this variance and the conditions herein are necessary to protect the pub1tc health, safety and welfare of the citizens of the City of Santa Ana. c.RA 5-1