Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 80-26 <br />PAGE TWO <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: <br /> <br />1. The Agency has considered all terms and <br />conditions of the proposed sale and hereby finds and <br />determines that the redevelopment of the Property pursuant <br />to the proposed Agreement is in the best interests of the <br />City and the health, safety, morals and welfare of its <br />residents, and is in accord with the public purposes and <br />provisions of the applicable state and local laws. <br /> <br />2. The Agency hereby finds and determines that <br />the consideration for the sale of the property pursuant to <br />the Major Commercial Rehabilitation Owner participation <br />Agreement between the Agency and Harry and Evelyn Greenberg <br />is not less than the fair market value of the property in <br />accordance with the covenants and conditions governing the <br />sale. <br /> <br />3. The sale of the Property by the Agency to <br />Harry and Evelyn Greenberg and the Major Commercial <br />Rehabilitation Owner participation Agreement which <br />establishes the terms and conditions for the sale and <br />development of the property, are hereby approved. <br /> <br />4. The Chairman of the Agency is hereby <br />authorized to execute the Major Commercial Rehabilitation <br />Owner Participation Agreement and Grant Deeds pertaining <br />thereto. <br /> <br />5. The Executive Director is hereby authorized <br />to take all steps, and to sign all documents and instruments <br />necessary to implement and carry out said Agreement on <br />behalf of the Agency. <br /> <br />ADOPTED this 17th day of <br />by the following vote: <br /> <br />,1980, <br /> <br />March <br /> <br />AYES: MEMBERS: Bricken, Luxembourger, Serrato, Yamamoto <br />NOES: MEMBERS: Markel <br />ABSENT: MEMBERS: Griset, Ward <br /> <br />ATTEST: <br /> <br />::~~i:: <br /> <br />Executive Director/ <br />Recording Secretary <br /> <br />~#t;j~ <br /> <br />APPROVED AS TO FORM: <br /> <br />/~¿ <br /> <br />KEITH L. GOW <br />Agency Legal Counsel <br /> <br />II <br /> <br />lA <br /> <br />~ <br />