1982-099 CRA - Laserfiche WebLink

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.,,~ . . . REL:adg 9/23/82 RESOLUTION NO. 82-99 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA CONSENTING TO THE ASSIGNMENT OF COMMERCIAL REHABILITATION PROJECT AGREEMENTS FOR PROPERTY LOCATED AT 208 NORTH MAIN STREET WHEREAS, Barbara Mathewson entered into a .Commercial Rehabilitation Participation Agreement" with the Community Redevelopment Agency of the City of Santa Ana for rehabilitation of real property located at 208 North Main Street in the City of Santa Ana, pursuant to the Major Commercial Rehabilitation Loan Program carried on by the Agency and Wells Fargo Bank; and WHEREAS, Barbara Mathewson does now desire to convey said real property to Builders Exchange Associates, a partnership, and to assign and delegate to it all her rights and duties pursuant to the said .Commercial Rehabilitation Participant Agreement" and subsequent agreements and commitments entered into pursuant to the Program; and WHEREAS, Builders Exchange Associates desire to acquire said property and assume the rights and obligations of Barbara Mathewson under said Agreement; NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Santa Ana as follows: 1. This Agency does hereby consent to the conveyance of the real property located at 208 North Main Street from Barbara Mathewson to Builders Exchange Associates, and to the assignment and delegation by Barbara Mathewson of all her rights and obligations under that .Commercial Rehabilitation Participation Agreement,. dated February 17, 1981, on file in the office of the Executive Director of the Agency, and under all subsequent agreements and commitments entered into pertaining to the rehabilitation of the abovesaid real property, to Builders Exchange Associates. 2. The Chairman of the Agency is authorized to execute the Agency's consent to an "Assignment and f'r)5 5A