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<br />MEETING DATE: <br /> <br /> <br />REQUEST FOR COUNCILI <br />AGENCY ACTION <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />AUGUST 18, 2008 <br /> <br />TITLE: <br /> <br />APPROVED <br />o As Recommended <br />o As Amended <br />o Ordinance on 1 st Reading <br />o Ordinance on 2nd Reading <br />o Implementing Resolution <br />o Set Public Hearing For <br /> <br />JOINT PUBLIC HEARING - SALE OF AGENCY- <br />OWNED PROPERTY (FY08-09) 626-628 E. SANTA <br />ANA BLVD., 809~ E. SANTA ANA BLVD., 630 N. <br />GARFIELD ST., 604 N. LACY ST. <br /> <br />CONTINUED TO <br /> <br />/h~ <br />,. /" / I <br /> <br />~r{,.-l::~ ~ ~ . <br />CITY MANAGER <br /> <br />~~ <br /> <br />EXECUTIVE IRECTOR <br /> <br />FILE NUMBER <br /> <br />RECOMMENDED ACTION <br /> <br />CITY COUNCIL <br /> <br />1. Approve an appropriation adjustment repaYlng a loan from the <br />General Fund and transferring the same to the Capital Outlay Fund, <br />and recognizing the proceeds from the sale of properties and <br />appropriating the same into the Merged Housing Set Aside Fund. <br /> <br />2. <br /> <br />Authori ze the City Manager to execute all required documents <br />the acquisition of real property located at 626-628 E. Santa <br />Blvd., 809~ E. Santa Ana Blvd., 630 N. Garfield St. and 604 N. <br />St. from the Santa Ana Community Redevelopment Agency for <br />amount of $373,000 plus normal escrow closing costs. <br /> <br />for <br />Ana <br />Lacy <br />the <br /> <br />3. Adopt a resolution making certain findings with respect to the <br />consideration to be received by the Community Redevelopment Agency <br />pursuant to a Purchase and Sale Agreement between the Agency and <br />the City for the sale of various properties: 626-628 E. Santa Ana <br />Blvd., 809~ E. Santa Ana Blvd., 630 N. Garfield St. and 604 N. Lacy <br />St. and authorizing the City Manager to execute all required <br />documents. <br /> <br />80A-1 <br />