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<br /> <br /> <br /> <br /> CORRECTED LETTER <br /> <br /> FIESTA MARKETPLACE PARTNERS <br /> Q,'O S Rt A PROPERTIES <br /> 129 VV WILSON ST. <br /> Sul It: 10tl <br /> COSTA, MESA, CA 9262+' <br /> 949-77?-74V <br /> 949-722-8855 FNK <br /> Octuber 18, 2010 <br /> Cynthia J. Nelson, Deputy City Marager <br /> City of Santa Ana <br /> Community Develcpmert Ageror <br /> 20 Civic. C-Mter Plaza - Post Office Box 1988 - V-25 <br /> Santa Ara, CA 92702 <br /> RE: GLy of Sump Ana Facade tcbu:c f'-x)yram <br /> icsLa MarkeLpiecv Parl-1crs Onc dnc ir;o <br /> Rcrymurid and Dt+d Rdnycl <br /> gear CINY: <br /> phis letter ,vik serve to memorialze the ag-eemert that the Fiesta ',Iarl<etPlace Partne rs <br /> One and Two and Rdyniond and Deiia Rangel have reached with fie City carce nine the. <br /> Ci.Ys =asade Rebate Program. <br /> The Fiesta Marketplace Par,,ners and Raymond and Delia Ra-,gel ,vill in:-est, i the <br /> rospz ctive properties, approximately S1,125,000.00 and avAll n udw =mm the <br /> fa4ade Program a:3p-uximaL6y $/65,000.00 (Cash rcmtrih,Ainr From Fe5tz Ma*e-place <br /> Par LnLf Clna dnct Tow is $3,305.0{)0.01) driL Rdyrrrurnd .,nd Dt~lio Rer_cel i5 $55..DOD,001. <br /> Exhlblt "A" attached hrnn-o, sets-f(i rh c1: kral of these expenditures, <br /> The Fiesta Marketplarc Partmers shalt irvest an estiMd-trd $580,UG0,C,0 to renovate -hr <br /> public gatherny area cxreitly known as "the Faseo". Tne City aeons a part of -ho <br /> PasrO that fronts the City uwne: Surface pdrkirg :ot at Third and Bush _atn ets. 'he <br /> Fiesta Marketplace Partners w 1l -enovate The Paseo a- its` m n nkpo.nso ,rrrl rnl 5 ~ <br /> nyimnllrwment trnm the Cty thr the approximately one feu-tn of n-nuvtihor <br /> wh.rh translates to 8bCLlt $160,000.00, :hat INould Le apJo-`iured to era ire-~at.~'t of <br /> The Pa;eo hat the City own,;, <br /> Slicer <br /> e:T .yClu'3, <br /> Fe^.~ 1~larke, am PzrTi~ rs One dnc T%,4o <br /> Kay aid and nlia Ht3ncae1 <br /> By: Tr:ira P•1. Ct-:ase, Ger:e-a Plai7rer <br /> cc: Allan Fair,barg <br /> Ryan Chase <br /> Raymond and De is kcnyel <br /> David Scn_poc CP.A <br /> <br /> <br /> <br /> <br /> <br /> CITY COUNCIL MINUTES 25 OCTOBER 18, 2010 <br /> <br /> 1 OA-25 <br />