Laserfiche WebLink
u~~A~~r ~E~ol~r ~u ~ uANT T~ <br /> ECTI~N 3343 <br /> ~F THE <br /> DALIFORN~A F~EALTH AID SAFETY CEDE <br /> ONA <br /> DlPO~TI~N AND DEIIE~.DP~IENT AREEIVIENT <br /> BY AND ~ETwEEN <br /> TIE D~t~IIVIUNITY REDEIIEL~PMENTAENY OF THE CITY DF ANTAANA <br /> AND <br /> SANTA ANA STAT~~N D~STI~I~T, LLD <br /> The following Summary Depart Ira been prepared pursuant to ~aliforr~ia Health ar~d Safety <br /> Cade Section 3343 ~Secfion X34}. The report sets forth certain details of the proposed <br /> Disposition and Development Agreemept ~Agreement~ between the edevelapr~enf Agency of <br /> the City of Santa Ana {Agency} and Santa Ana Station DlstrictF LLC {Developer}~ <br /> The purpose of the Areeept is to effectuate the Redevelopment Plan far the verged Project <br /> Redevelopment Dian} by developing several Agency-o~vned scattered parcels ~Si#e~ within the <br /> Station District area with affordable rental and for~sale hauling Project}.~ Certain additional <br /> third-party properties ~Addifianal Properties} may he acquired subsequently y the Agency far <br /> inclusion in the development site. The Agency will convey the Si#e and any Additional Properties <br /> to the Developer to allow far the development of the Project. <br /> The Project v~ili be developed in multiple phases that may be financed anal constructed <br /> separately, with separate closings for each Phase. The Project gill include the fallowing rnix of <br /> residential units <br /> Phase R~~ will captain sevepty~three ~1~~ muiti,far~iiy rental unify restricted to very low <br /> and extremely low incarr~e households pius ope manager unitfor a total ofsevepty- <br /> four ~?4} units; <br /> 2, Phase R~~ gill contain thirtyyseven X37} multiRfamily yenta! units restric#ed fo very law <br /> and extremely lave income households plus one }manager unit for a total of thirty-eight <br /> X38} units; and <br /> Phase 1=Swill contain thirfy~#wa X32} for~sale townhome units, of which six gill be <br /> restricted to rnaderate income households. <br /> ~ The Sate includes three parcels that are currently under contract, but wili not have been conveyed #o the <br /> <br /> Agency prior to the execution of the Agreement Segura Properties. <br /> 300~Dt~.SA:~{~iH:gbd <br /> ~ 90~4.~01.OGT <br /> <br />