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<br />JOINT SESSION CRA I CITY COUNCIL <br /> <br />Barry Cottle and Eunice Bobert, representing Orange Housing <br />Development Corporation spoke in support of the project and answered <br />questions by councilmembers related to the project. <br /> <br />Motion: <br /> <br />1. Direct the City Attorney to prepare a loan agreement with <br />Townsend & Raitt, LLC for the acquisition and rehabilitation of <br />residential property located at 701 S. Townsend Street in an <br />amount not to exceed $545,712 and authorize the Deputy City <br />Manager for Development Services or designee to execute all <br />required documents. <br /> <br />2. Direct the City Attorney to prepare a loan agreement with <br />Townsend & Raitt, LLC for the acquisition and rehabilitation of <br />residential property located at 709 S. Townsend Street in an <br />amount not to exceed $682,140 and authorize the Deputy City <br />Manager for Development Services or designee to execute all <br />required documents. <br /> <br />3. Adopt a resolution. <br /> <br />RESOLUTION NO. 2008-004 - A resolution of the City Council of the <br />City of Santa Ana approving the relocation plan for residential property <br />located at 701 and 709 South Townsend Street <br /> <br />MOTION: Alvarez <br /> <br />SECOND: Pulido <br /> <br />VOTE: <br /> <br />AYES: <br /> <br />Alvarez, Bustamante, Sarmiento, Tinajero, <br />Pulido (5) <br /> <br />NOES: Martinez (1) <br /> <br />ABSTAIN: Benavides (1) <br />ABSENT: None (0) <br /> <br />80.B. LOAN AGREEMENTS WITH TOWNSEND & RAITT, LLC AND <br />AUTHORIZATION OF RELOCATION PLANS, 817 AND 821 S. <br />TOWNSEND STREET AND 834 S. RAITT STREET <br /> <br />At its Regular Meeting of November 20, 2007, the Community <br />Redevelopment and Housing Commission voted against recommending <br />the actions for City Council and Community Redevelopment Agency <br />consideration listed below by a vote of 2-3 (Pedroza, Rodriguez, Vasquez: <br />No; Turner: absent), respectively. <br /> <br />CITY COUNCIL MINUTES <br /> <br />21 <br /> <br />JANUARY 7, 2008 <br />