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<br /> <br />JOINT SESSION BETWEEN CITY COUNCIL AND <br /> <br />THE COMMUNITY REDEVELOPMENT AGENCY <br /> <br /> <br /> <br />80.A. JOINT PUBLIC HEARING – DISPOSITION AND DEVELOPMENT <br />AGREEMENT WITH OLSON URBAN HOUSING LLC <br /> <br /> Recommended action approved by the Community Redevelopment and <br />Housing Commission on October 21, 2008, by a vote of 6-0 <br /> <br /> Legal Notice published in the O.C. Reporter on November 3 and November <br />10, 2008 <br /> <br /> Recommended Action: <br /> <br />CITY COUNCIL <br /> <br />1. Direct the City Attorney to prepare and authorize the City Manager <br />and the Clerk of the Council to execute a purchase agreement with <br />the Redevelopment Agency for the sale of real property located at <br />719-812 N. Concord for its appraised value plus normal escrow and <br />closing costs. <br /> <br />2. Adopt a resolution. <br /> <br />RESOLUTION – A resolution of the City Council of Santa Ana making <br />certain findings with respect to the consideration to be received by the <br />Community Redevelopment Agency of the City of Santa Ana pursuant to <br />a disposition and development agreement between the agency and <br />Olson Urban Housing, LLC, for the sale of certain real property and <br />approving the sale of said real property upon the terms and conditions <br />contained in that agreement <br /> <br /> COMMUNITY REDEVELOPMENT AGENCY <br /> <br />1. Authorize the Executive Director to execute a purchase agreement <br />with the City of Santa Ana for the acquisition of real property <br />located at 719-812 N. Concord for its appraised value plus normal <br />escrow and closing costs. <br /> <br />2. Adopt a resolution. <br /> <br />CRA RESOLUTION – A resolution of the Community Redevelopment <br />Agency of the City of Santa Ana approving a disposition and <br />development agreement between the agency and Olson Urban Housing, <br />LLC. <br /> <br /> <br />CITY COUNCIL AGENDA 16 NOVEMBER 17, 2008 <br /> <br />