AGENDA_2010-06-07_Revised - Laserfiche WebLink

Home Browse Search

2. Authorize the Executive Director and Agency General Counsel to execute the attached agreements for the acquisition of real property located at 609 E. 6~h Street (APN No. 398-311-06) from Frank J. Segura and Brendon McGuinness for $230,000; 613 E. 6~h Street (APN No. 398- 311-07) from Frank Segura and Dolores Segura for $400,000; and 617 E. 6~h Street (APN No. 398-311-08) from the Estate of Alice McCallum, Estate of Phyllis Robinson, Estate of Manuel Becerra, Steven Campbell, Frank Segura, Brendon McGuinness, Richard Becerra and Rita Barron for $115,000, for a total amount not to exceed $745,000, plus normal escrow and closing costs, subject to non-substantive changes approved by the Agency Counsel and Executive Director. Authorize the Executive Director to pay real estate brokerage fees to Voit Commercial Brokerage in an amount not to exceed 3% of the purchase price. 3. Authorize the expenditure of up to $60,000 for cultural/historical markers to be installed in the public right of way within the Station District in collaboration with SACReD. 4. Direct staff to prepare, within 90 days, a Relocation Plan for residents that may be displaced resulting from any applicable Agency acquisitions as it relates to the Station District. 5. Authorize the expenditure of up to $180,000 for down payment assistance to six affordable homebuyers. 6. Direct the Executive Director to establish a targeted residential loan program for the Lacy Neighborhood and authorize the expenditure of up to $100,000, cumulatively from various funding sources. 7. Direct staff to prepare and file a Notice of Determination (NOD) with the County Clerk of the County of Orange, in the manner required by law. PUBLIC HEARING 5. PUBLIC HEARING -FIVE-YEAR IMPLEMENTATION PLAN Recommended action approved by the Community Redevelopment and Housing Commission on May 18, 2010, by a vote of 5-0. Legal Notice published in the Orange County Register on May 6, 13, and 20, 2010. RECOMMENDED ACTION: Approve the Five-Year Implementation Plan for the merged redevelopment project areas covering fiscal years 2010-2011 through 2014-2015. CRA AGENDA 7 JUNE 7, 2010