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Mr. Alan Lowy, President of LowyDevelopment Corporation, and his associate described the project, and conducted a slide presentation of the other projects they have developed. There were no other speakers. The Mayor closed the public hearing. MOTION: Adopt resolution. RESOLUTION NO. 84-88 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA MAKING CERTAIN FINDINGS WITH RESPECT TO THE CONSIDERATION TO BE RECEIVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA PURSUANT TO A DISPOSITION AND DEVELOPMENT AGRE~4ENT BETWEEN THE CO, UNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA AND LCWY DEVELOPMENT CORPORATION FOR THE SALE OF REAL PROPERTY IN THE SANTA ANA R~DEVELOPMENT PROJECT AND APPROVING THE SALE OF SAID REAL PROPERTY UPON THE TERMS AND CONDITIONS CONTAINED IN THAT AGREEMENT. MOTION: Young SECOND: Acosta VOTE: AYES: NOES: ABSENT: Acosta, Bricken, Johnson, Luxembourger, McGuigan, Young None Griset FILE 615.05 The Council recessed to the Community Redevelopment Agency at 6:30 p.m. and reconvened at 6:40 p.m., with the same members present. lA. JT. PUBLIC HEARING - CITY COUNCIL AND CO~43NITY REDEVELOPMENT AGENCY - PROPOSED SALE BY THE CRA TO CM PLAZA (A-3 SITE/OL~D COURTHOUSE PLAZA) The Mayor opened the joint public hearing on the proposed sale by the Conmunity Redevelopment Agency to CM Plaza (A-3 Site/Old Courthouse Plaza). The Executive Director of Economic Development reviewed the past activities and staff reco~Nnendations. The Assistant Clerk of the Council reported no written conmunications. James Mehan, C.M. Plaza Development Corp., explained their proposal and answered questions for the Council. Dan Miller, Executive Assistant to Supervisor Roger R. Stanton, explained the County's proposal including the County's recommendation that the minimum parking spaces be changed from 350 to 150 spaces. CITY COUNCIL MINUTES 291 JULY 17, 1984