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** COUNCIL AND THE COMMUNITY REDEVELOPMENT AGENCY RECESSED TO <br />A JOINT MEETING OF THE CITY COUNCIL, <br /> COMMUNITY REDEVELOPMENT AGENCY, <br /> AND THE SANTA ANA FINANCING AUTHORITY AT 7:25 P.M. ** <br /> <br />75.D. <br /> <br />DISPOSITION AND DEVELOPMENT AGREEMENT WITH GRIFFIN <br />STRUCTURES, INC., ROSENOW SPEVACEK GROUP INC., AND <br />NESTOR + GAFFNEY ARCHITECTS; AND TAX EXEMPT FINANCING <br />FOR THE RENOVATION AND DEVELOPMENT OF THE PHILLIPS- <br />HUTTON BLOCK LOCATED AT 301, 305 AND 309 WEST FOURTH <br />STREET <br /> <br />Proposed sale of real property by the Agency to Griffin Structures, <br />Rosenow Spevacek Group, and Nestor & Gaffney Architecture <br /> <br />("Developer") for the development of an office building. Such real property <br />is known as 301,305, and 309 West Fourth Street (Phillips Hutton) <br /> <br />The proposed sale shall be pursuant to a proposed Disposition and <br />Development Agreement between the Agency and Developer, approval of <br />which will also be considered following the public hearing <br /> <br />Legal Notice published in the Oranqe County Register on September 30 <br />and October 7, 2002 <br /> <br />Presentation of staff report by John Reekstin, Executive Director, <br />Community Redevelopment Agency <br /> <br />Frank Spevacek, Cathy Rosenow, Ron Nestor, and Steve Gaffney spoke <br />in support of the proposed sale and all noted that they were excited to be <br />part of development efforts in downtown Santa Ana <br /> <br />Presentation of written communication by Clerk of the Council: None <br /> <br />No public speakers; public hearing closed. <br /> <br />Motion: <br /> <br />City Council Action <br /> <br />1. Adopt resolution. <br /> <br />RESOLUTION NO. 2002-089 - A resolution of the City Council of Santa <br />Ana making certain findings with respect to the consideration to be <br />received by the Community Redevelopment Agency of the City of Santa <br />Ana pursuant to a Disposition and Development Agreement between the <br />Community Redevelopment Agency of the city of Santa Ana, and Griffin <br /> <br />CITY COUNCIL MINUTES 385 OCTOBER 21, 2002 <br /> <br /> <br />