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SECOND AMENDED AGREEMENT BETWEEN <br /> THE CITY OF SANTA ANA AND THE <br /> COMMUNITY REDEVELOPMENT AGENCY OF THE <br /> CITY OF SANTA ANA FOR FINANCIAL AND <br /> OPERATING SERVICES <br /> THIS AGREEMENT made and entered into this 21 Sc day of June 2010, by and between the <br /> City of Santa Ana, a charter city and municipal corporation, organized and existing under the laws <br /> of the State of California, hereinafter referred to as "City," and the Community Redevelopment <br /> <br /> Agency of the City of Santa Ana, a public body, corporate and politic, hereinafter referred to as <br /> "Agency." <br /> RECITALS: <br /> 1. The City Council of Santa Ana created the Community Redevelopment Agency of <br /> <br /> the City of Santa Ana by Ordinance No. NS-1149, adopted on January 2, 1973, and declared itself <br /> <br /> to be the Redevelopment Agency vested with all rights, powers, duties privileges and immunities <br /> <br /> thereof, pursuant to Health and Safety Code Section 33200. The powers of the Agency include the <br /> <br /> power to incur indebtedness for any of its corporate purposes. <br /> 2. The Community Redevelopment Law of the State of California provides that City <br /> and Agency may enter into an agreement between themselves to provide funds, services, and costs <br /> from City to Agency, as budgeted annually. <br /> 3. The parties desire to formally contract in order for the City to provide staff services <br /> to the Agency and to construct improvements of benefit to the redevelopment program under <br /> specified circumstances, subject to reimbursement by the Agency as provided in this Agreement. <br /> 4. The parties hereto previously entered into an agreement dated September 15, 1980, <br /> which was later amended on June 17, 2003 (Agreement A-2003-133) as many of the terms and <br /> conditions of said Agreement were no longer applicable due to changes in redevelopment law and <br /> auditing guidelines. <br /> 5. The parties now desire to amend and update said Agreements. <br /> WHEREFORE, for and in consideration of their mutual covenants and promises, <br /> <br /> hereinafter set forth, and subject to the terms, conditions and other provisions of this Agreement <br /> <br /> hereinafter set forth, the parties hereto do hereby agree as follows: <br /> 1 <br /> 80A-3 <br /> <br />