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<br />MINUTES OF THE REGULAR MEETING <br />OF THE COMMUNITY REDEVELOPMENT AGENCY <br />OF THE CITY OF SANTA ANA <br />SANTA ANA, CALIFORNIA <br /> <br />JANUARY 3, 2006 <br /> <br />CALLED TO ORDER <br /> <br />City Council Chambers <br />22 Civic Center Plaza <br />7:55 P.M. <br /> <br />ATTENDANCE <br /> <br />AGENCY MEMBERS Present: <br />MIGUEL A. PULIDO, Chair <br />LISA BIST, Vice-Chair-person <br />CLAUDIA ALVAREZ <br />CARLOS BUSTAMANTE <br />ALBERTA CHRISTY <br />JOSE SOLORIO <br />MIKE GARCIA <br /> <br />STAFF MEMBERS Present: <br />DAVID N. REAM, City Manager <br />JOSEPH W. FLETCHER, General <br />Counsel <br />PATRICIA C. WHITAKER, Executive <br />Director <br />PATRICIA E. HEALY, Recording Secretary <br /> <br />THE CITY COUNCIL RECESSED TO A JOINT SESSION WITH THE COMMUNITY <br />REDEVELOPMENT AGENCY AT 7:19 P.M. <br /> <br />7. LOAN AGREEMENTS WITH ROSS & DURANT, L.P. AND <br />AUTHORIZATION OF RELOCATION PLANS <br /> <br />Steve McGuigan, Kim Sinclair and Raymond Williams addressed the <br />Council and raised concerns about the reduction in required parking at the <br />two locations <br /> <br />Barry Cottle (Applicant), addressed the Council in support of the project <br />and noted that the project also included a reduction in the number of units <br /> <br />Motion: 1. Direct the Agency General Counsel to prepare a loan agreement <br />with Ross & Durant, L.P. for the acquisition of a 30 unit multi-family <br />property located at 1501 N. Ross Street in an amount not to exceed <br />$3,006,920 and authorize the Executive Director or designee to <br />execute all required documents. <br /> <br />eRA MINUTES <br /> <br />1 <br /> <br />JANUARY 3, 2006 <br />