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RECOMMENDED ACTION: Authorize the Executive Director and Agency <br />Secretary to execute the attached Cooperative Agreement with the City of Santa <br />Ana in the amount of $351,100, subject to non-substantive changes approved by <br />the Executive Director and Agency General Counsel. <br />*** END OF CONSENT CALENDAR *** <br />JOINT SESSION BETWEEN CITY COUNCIL AND <br />THE COMMUNITY REDEVELOPMENT AGENCY <br />JOINT SESSION PUBLIC HEARING <br />5. DISPOSITION AND DEVELOPMENT AGREEMENT AND LOAN AGREEMENTS - <br />BUSHAND BIRCH STREET PROPERTIES <br />Legal notice published in the O.C. Reporter on August 23, 2010 and August 30, 2010. <br />Recommended action approved by the Community Redevelopment and Housing <br />Commission on August 17, 2010, by a vote of 4-0, (Verino absent). <br />CITY COUNCIL ACTION <br />RECOMMENDED ACTIONS: <br />1. Direct the City Attorney to prepare and authorize the Deputy City <br />Manager and Clerk of the Council to execute a loan agreement subject to <br />non-substantive changes approved by the Deputy City Manager and City <br />Attorney. <br />AGMT -With Santa Ana WBBB, LP in an amount not to exceed $500,000, for <br />217-219 South Birch Street <br />2. Direct the City Attorney to prepare and authorize the Deputy City <br />Manager and Clerk of the Council to execute a loan agreement subject to <br />non-substantive changes approved by the Deputy City Manager and City <br />Attorney. <br />AGMT -With Santa Ana WBBB, LP in an amount not to exceed $500,000, for <br />435-437 South Birch Street <br />3. Direct the City Attorney to prepare and authorize the Deputy City <br />Manager and Clerk of the Council to execute a loan agreement, subject <br />to non-substantive changes approved by the Deputy City Manager and <br />City Attorney. <br />CRA AGENDA 4 SEPTEMBER 7, 2010 <br />