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<br />. <br />e <br /> <br />: <br /> <br />. <br /> <br />. <br /> <br />~ 7391B <br /> <br />JHHW:SSW:sc 12/14/81"'" . <br /> <br />RESOLUTION NO, 81-159 <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY <br />OF THE CITY OF SANTA ANA APPROVING AND AUTHORIZING <br />EXECUTION OF A PROJECT AGREEMENT RELATING TO <br />JOSEPH G. ELIAS AND RUTH ELIAS FOR PROPERTY <br />LOCATED AT 209/213 WEST FOURTH STREET <br /> <br />BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA <br />ANA, AS FOLLOWS: <br /> <br />- <br /> <br />" <br /> <br />1. That that certain Project Agreement dated as of December'-l, 1981, by <br />and among this Agency, Wells Fargo Bank, National Association and Jøseph G. Elias <br />and Ruth Elias relating to the rehabilitation of properties located át 209/213 West <br />Fourth Street be and i s hereby approved and that the Chai rman be -and is hereby <br />authorized and directed to execute said Agreement and the Executive Director be and <br />is hereby authorized and directed to attest his signature. <br /> <br />~r <br /> <br />1 1 <br /> <br />2. That the issuance by the Agency of a commitment to make a loan to the <br />Participant in accordance with the terms and conditions of said Project Agreement <br />be and i s hereby approved. <br /> <br />3. That the Collateral Assignment referenced in said Project Agreement be <br />and i s hereby approved and that the Chai rman be and is hereby authori zed and <br />directed to execute said Collateral Assignment and the Executive Director be and is <br />hereby authorized and directed to attest his signature. <br /> <br />31" <br /> <br />" , <br /> <br />f;~ <br /> <br />'- <br /> <br />"'" <br /> <br />4. That the Chairman, Vice Chairman, Executive Director, Finance Officer <br />and Rehabilitation Program Coordinator of the Community Redevelopment Agency of the <br />City of Santa Ana be and are each hereby. authorized and directed to execute and <br />deliver all certificates, receipts and other document necessary to consummate the <br />transactions contemplated by the aforesaid Project Agreement. <br /> <br />rE <br /> <br />è' <br /> <br />1i <br /> <br />r: <br /> <br />s¡ <br /> <br />5. Thi s Reso 1 uti on shall take effect from and after the date of its <br />passage and adoption. <br /> <br />t <br />