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Joint Public Hearing - Sale <br />of Agency-Owned Property <br />April 7, 2008 <br />Page 2 <br />value of $586,000. The intent is to ultimately develop this site in a <br />manner consistent with the surrounding neighborhood. <br />ENVIRONMENTAL COMPLIANCE <br />In accordance with the California Environmental Quality Act, this <br />project is exempt from further review. Categorical Exemption No. ER <br />2008-70 will be filed for this project. <br />FISCAL IMPACT <br />Funds for the acquisition of this property are available in the Capital <br />Outlay Fund Non-Departmental Land account (account no. 051-012-6611). <br />Proceeds from the sale of the property to the City of Santa Ana will be <br />deposited in the Agency's Housing Set-Aside Sale of Land account <br />(account no. 507-01-5721). <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~~~~u lfiC,2.rc Q~-~ <br />Shelly ndry-Bay ~~ncisco Gutierrez <br />Housing anager Executive Director <br />Community Development Agency Finance and Management Services <br />SGH/SLB/mlr <br />040708 JT PH CC-CRA SaleAgenProp719Concord <br />80A-2 <br />