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. , . '. HOUSING REPLACEMENT PLAN PREPARED PURSUANT TO THE CALIFORNIA HEALTH AND SAFETY CODE SECTIONS 33413 AND 33413.5 I. HOUSING UNITS TO BE REPLACED. The Redevelopment Agency is acquiring 142 structures in an area generally bounded by First Street on the South, Third Street on the North, Ross Street on the East and Flower Street on the West. An estimated 20 units, generally two and three bedroom single fam- ily houses, will be relocated on scattered sites through out south and west Santa Ana. II. GENERAL LOCATION OF THE HOUSING TO BE CONSTRUCTED. The location of the housing to be constructed is a site generally bounded by Third Street on the North, Flower Street on the West, First Street on the South, and Ross Street on the East. 8. The enclosed site is approximately fourteen (14) acres in area. . . . . III. DESCRIPTION OF THE HOUSING TO BE CONSTRUCTED. The Redevelopment Agency shall cause to be constructed on the site high density residential development of high quality, in an attractive living environment, including 199 units of Senior Citizen, rent subsidized housing and approximately 316 -housing units for rent at market rates or a combination of market rates and subsidized rates. The development of the site shall include landscaped plazas and open space with leisure and recreation facilities and off-street parking facilities. A portion of the units developed shall be available for families of very low or low or moderate income through subsidy pro- grams pursuant to either an available Federal or State rental assist- ance program or a temporary rental assistance program of the City. The maximum number of subsidized units to be made available shall be as follows: 16 three bedroom units, 25 two bedroom units, 17 one bedroom units and 199 one bedroom elderly units. IV. A DESCRIPTION OF ADEQUATE MEANS OF FINANCING THE CONSTRUCTION PROPOSED. The cost to the Redevelopment Agency with respect to the implementation of the above described housing, including land acqui- sition cost, demolition and clearance cost, relocation costs, and the cost of public improvements provided by this Agency is as follows: Land Acquisition Relocation $2,200,000 627,000 75,000 200,000 25,000 236,500 $3,368,500 Demolition & Clearance Utilities, Public Improvements Legal Fees Contingencies TOTAL COST No loans or bonds are necessary to finance the Agency's cost. The property acquisition and site preparation by the Agency under this agreement shall be financed, in part, through the prepay- ment of part of the purchase price for the property by the Redeveloper. Community Development Block Grant Funds and any other funds- lawfully available to the Agency from time to time will be used by the Agency