80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT M

Home Browse Search

grou~Yds will be available to the conunt~nity after sel~oal lours, City agrees to use best efforts to e~~sure that the site $~lay be made available at nv cost to a qu~?lified Sian-profit orgai~iz~tio~~ that will oversee and operate the center and must provide prora~nrning a law or ~~o cost to the community, Ci#y agrees to mike ~v~ilable permarlet~t funds far tl~e n~ainte~~a~~ce of the catn~~~unity ce~iter site. b~ F~u~d for Hlstnrical la~~kers~ City, Agency a~~d Develaper agree to fi~rrd up to ~O,a~a ill historical rt~arkers a~~ p~~blic property a~ad rights ofway itr the tatian District in a location and of a type determrtred by the City and ACReD, c. Preve~ltion of Resident DisplacerY~ent, City} Agency and Developer agree that they will not purchase property anywhere in the TZC Area without providing all residents that will be displaced with liousit~g within rlew development and interim housing if r~ecessar-y, or, ~vl~ere a residetrt elects} relocatialr l~eirefrts. City, Agerrcy and Develaper agree to offer residential leases to qualified displacees prior to enteri~rg i~ito a~ly agreement affecting purchase ~f tl~ property i~~ questio~~. City, Age~YCy and Developer agree tl~~t cotlstruet~ol~ldernal~t~otl that will impact current residents must be scheduled itr such a way as to allow residents to move into the ~~e~v develop~Y~etit ar ii~terirn housing before their existing housing is affected. d~ Fl1lld ~Dl• Resider~ti~l Itnp~~ave~trent~ City ar Agency agree to create a~~d oversee a $i0~,0a0 20~year reval~ring loan fund to encourage homeawrrers ire the tatian District to invest in their properties, Funds must be marketed to low i~~corne families, acrd at least ?5~/0 of funds i~r a calendar year must be provided to l~auseholds at SD~Io A1~11 and below. c, Plrasc ~ P~iblie Art Projects, Develaper agrees to provide pX~blic art i~~ public spices withi~r Phase I in a value equivalent to ,?5~/0 of the Phase I total project value. Developer agrees to work with ACReD to identify local Santa Ana artists to undertake the public art, f, TIC A~iea Public Art Prroject~~ Age~~cy agrees that for tl~e TIC Area, far any new public facility, as well a for any private develaptnet~t that receives ltnanci~l assistance from the Agency, public art will be included i~~ a~~ amount to be detern~~ned in calrsultatian with AReD air a case by ease basis, but in tea event less tl~at1.5°Io of the total develapmet~t cast of the project, Age~~cy agrees to work with ~ACReD in selecting artists far this work. g. Preservation of Hi~tvrlc ~omes~ City, Agency and Developer agree to undertake tl~e following measures to preserve the historic character of the Historic Lacy l~eigl~borhaad a~~d to r~rake further affordable housing available; i~ City, Agency acid Developer agree to provide initial capital in amou~~t of $1,0~0,4~0 to a f~~nd to be managed by a qualified ~~at~-prat arganizatiorr that will make loans available to homeowners in tl~e Historic Lacy neighborhood for reb.abilitatian a~xd mai~~tenance ofvintage a~~d historic properties, acrd to enable homes to be made available to qualifying law~ir~car~~e l~o~~seholds at aii affordable price or rent level, The nal~-profit organization overseei~~g the fund will create a qualified pool of contractors to perfa~~i relYabilitationtyork that includes local orga~~izatiat~s such as Taller Sari base and Habitat far Humanity. ii. City} Agency and Develaper agree to work with SACRED to n7ke determii~atialls abartt dispositiotr of at~y property listed under "Figure ~.1, Det~~olitionsi` and "Figure Potential New a~~ta At~a Redevelopment Age~~cy Acquisitions", its Chapter ~ - Altert~atives, of the Draft SIR far the City of atita Atra Transit ~ot~i~~g Cade, ~vitl~ a goal of cancet~trating historic residences within ~ r~ew historic district ate a~ld Streets Options far such dispositiat~ are limited to the following, its-place rehabilitation, relocation and rehabilitation within the new historic district a~~d dernolitio~~ with salvage. It is also canten~plated that rehabilitated homes will be i