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1981-157 CRA
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1981-157 CRA
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Last modified
1/3/2012 12:22:58 PM
Creation date
3/8/2005 12:11:25 PM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1981-157
Date
12/15/1981
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<br />.- ';h91B <br /> <br />JHHW:SSW:sc 12/14/81 <br /> <br />. <br />. <br /> <br />I <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO, 81-157 <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 />JACK McCULLOCH AND JOY R. McCULLOCH FOR <br />PROPERTY LOCATED AT 214/220 WEST FOURTH STREET <br /> <br />BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA <br />ANA, AS FOLLOWS: <br /> <br />I, That that certain Project Agreement dated as of December 1, 1981, by <br />and among this Agency, Wells Fargo Bank, National Association and Jack McCulloch <br />and Joy R. McCulloch relating to the rehabilitation of properties located at <br />214/220 West Fourth Street be and is hereby approved and that the Chairman be and is <br />hereby authorized and directed to execute said Agreement and the Executive Director <br />be and is hereby authorizedÀnd directed to attest his signature. <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 is hereby approved. <br /> <br />3. That the Collateral Assignment referenced in said Project Agreement be <br />and is hereby approved and that the Chairman be and is hereby authorized 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 />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 />5. This Resolution shall take effect from and after the date of its <br />passage and adoption. <br />
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