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80.A. JOINT PUBLIC HEARING – SALE OF AGENCY-OWNED PROPERTY <br />(FY08-09) 626-628 E. SANTA ANA BLVD., 809½ E. SANTA ANA BLVD. <br />630 N. GARFIELD ST. AND 604 N. LACY ST. <br /> <br />Legal notice published in the Orange County Reporter on August 4 and <br />11, 2008. <br /> <br />Recommended Action: <br /> <br />CITY COUNCIL <br /> <br />1. Approve an appropriation adjustment. ( <br />Requires five affirmative <br />votes) <br /> <br />APPROPRIATION ADJUSTMENT NO. 09-010 - repaying a loan from <br />the General Fund and transferring the same to the Capital Outlay <br />Fund, and recognizing the proceeds from the sale of properties and <br />appropriating the same into the Merged Housing Set Aside Fund. <br /> <br />2. AGMT - Authorize the City Manager to execute all required <br />documents for the acquisition of real property located at 626-628 <br />E. Santa Ana Blvd., 809½ E. Santa Ana Blvd., 630 N. Garfield St. <br />and 604 N. Lacy St. from the Santa Ana Community <br />Redevelopment Agency for the amount of $373,000 plus normal <br />escrow closing costs. <br /> <br />3. Adopt a resolution. <br /> <br />RESOLUTION – A resolution of the City Council of the City of Santa <br />Ana approving the sale of agency-owned property located at 626-628 <br />E. Santa Ana Boulevard, 809 ½ E. Santa Ana Boulevard, 630 N. <br />Garfield Street, and 604 N. Lacy Street to the City of Santa Ana; <br />authorizing the Deputy City Manager for Development Services to <br />execute documents as necessary; and making certain findings with <br />respect thereto, on behalf of the City <br /> <br />COMMUNITY REDEVELOPMENT AGENCY <br /> <br /> <br />1. Authorize a $373,000 loan repayment from the Merged Project <br />Areas Capital Improvements account to the General Fund. <br /> <br />2. Adopt a resolution. <br /> <br /> RESOLUTION - a resolution of the Community Redevelopment Agency <br />of the City of Santa Ana approving the sale of agency owned property <br />located at 626-628 E. Santa Ana Boulevard, 809 ½ E. Santa Ana <br />Boulevard, 630 N. Garfield Street, and 604 N. Lacy Street; authorizing <br />the Executive Director to execute documents as necessary; and <br />making certain findings with respect thereto, on behalf of the Agency <br /> <br />CITY COUNCIL AGENDA 16 AUGUST 18, 2008 <br /> <br />