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REQUEST FOR COUNCILI
<br />AGENCY ACTION
<br />MEETING DATE:
<br />JUNE 1, 2009
<br />TITLE:
<br />AGREEMENT FOR ACQUISITION OF REAL PROPERTY
<br />AND ESCROW INSTRUCTIONS FOR 217 & 219 S.
<br />BIRCH, 715-719 N. CONCORD, 616 E. 5TH, 826
<br />LACY, 612,614,622,714, 626-628, 809, 8091
<br />E. SANTA ANA BLVD., 630 N. GARFIELD, 604
<br />LACY
<br />-~ `~
<br />~F ! _
<br />CITY MANAGER E ECUTIVE DIRECTOR
<br />RECOMMENDED ACTION
<br />CITY COUNCIL
<br />CLERK OF COUNCIL USE ONLY:
<br />APPROVED
<br />^ As Recommended
<br />^ As Amended
<br />^ Ordinance on 1st Reading
<br />^ Ordinance on 2nd Reading
<br />^ Implementing Resolution
<br />^ Set Public Hearing For
<br />CONTINUED TO
<br />FILE NUMBER
<br />Direct the City Attorney to prepare and authorize the City Manager and
<br />the Clerk of the Council to execute sales agreements with the Community
<br />Redevelopment Agency and escrow instructions for the sale of real
<br />property located at 217 and 219 S. Birch, 715-719 N. Concord, 616 E. Stn,
<br />826 Lacy, 612, 614, 622, 714, 626-628, 809, 809 E. Santa Ana Blvd., 630
<br />N. Garfield, and 604 Lacy.
<br />CONIl~IUNITY REDEVELOPMENT AGENCY
<br />Authorize the Executive Director of the Community Redevelopment Agency
<br />to execute purchase agreements and escrow instructions for the
<br />acquisition of real property from the City of Santa Ana located at 217
<br />and 219 S. Birch, 715-719 N. Concord, 616 E. 5th, 826 Lacy, 612, 614,
<br />622, 714, 626-628, 809, 809 E. Santa Ana Blvd., 630 N. Garfield, and
<br />604 Lacy for $2,358,000, plus normal closing costs and escrow fees.
<br />DISCUSSION
<br />During the course of its regular activities, the City has acquired a
<br />number of properties suitable for residential development. Under the
<br />proposed purchase agreements, the surplus City-owned properties located
<br />at 217 and 219 S. Birch, 715-719 N. Concord, 616 E. 5th, 826 Lacy, 612,
<br />614, 622, 714, 626-628, 809, 809% E. Santa Ana Blvd., 630 N. Garfield,
<br />80A-1
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