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EJC: adg <br />10/8/79 <br />AGREEMENT BETWEEN THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY <br />OF SANTA ANA AND THE CITY OF SANTA <br />ANA FOR EXCHANGE OF PROPERTY <br />THIS AGREEMENT, made and entered into this 15+k <br />day of 1979, by and between the <br />Community Redevelopment Agency of the City of Santa Ana, a <br />public body, corporate and politic, hereinafter referred to <br />as "Agency," and the City of Santa Ana, a municipal <br />corporation of the State of California, hereinafter referred <br />to as "City," <br />Recitals : <br />W I T N E S S E T H <br />A. Agency owns an approximate seventeen thousand <br />eight hundred fifty (17,850)sq. ft. parcel of unimproved <br />real property generally located on the northwest corner of <br />Third Street and Birch Street, Santa Ana, more particularly <br />described in "Exhibit A," attached hereto and incorporated <br />herein by reference, which it desires to exchange for real <br />property hereinafter described owned by City in order to <br />effectuate that certain agreement between Agency and Steven <br />J. Keiser and Paula B. Keiser, dated January 15, 1979, <br />entitled "Participation Agreement," as amended by the "First <br />Amendment to Participation Agreement," dated September 17, <br />1979, for the development of property therein described. <br />B. City owns an approximate twenty-one thousand <br />eight hundred and eighty-one (21,881) sq. ft. parcel of <br />improved real property generally located on the northeast <br />corner of Third Street and Ross Street, Santa Ana, more <br />particularly described in "Exhibit B," attached hereto and <br />incorporated herein by reference, which it desires to <br />exchange for the above described property owned by Agency on <br />the terms and conditions hereinafter stated. <br />