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FIESTA MARKETPLACE PARTNERS <br />Q,'O S Re A PROPERTIES <br />129 A'. WILSON ST. <br />Sul It: 10tl <br />COSTA, MESA, CA 9262+' <br />9 9 -77z -740,7 <br />949- 722 -8855 FNK <br />Octuber 18, 2010 <br />CORRECTED LETTER <br />Cynthia J. Nelson, Deputy City Marager <br />City of Santa Ana <br />Community Develcpmert Ageror <br />20 Civic. Ce iter Plaza — Post Office Box 1988 — V-25 <br />Santa Ara, CA 92702 <br />RE: GLy of Sunla Ana Facade tctau:c f'-x)yrum <br />(icsLa MarkeLalecc Part-u:rs One, enc ir;o <br />R4ylrlUnd and Dt+d Rdnycl <br />gear CINY: <br />phis letter ,vik serve to memorial ze the ag-eemert that the Fiesta 'vlarxetplace Partners <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, n rho <br />rospz ctive properties, approximately s1,125,000.00 and avAll n udw =mm the d'� <br />fa4ade Program a:3p -uxi MaLely $/65,00(N -00 (Cash contrih,Ainr From Fe5tz Marke- place <br />Par LnLf 0111 -- dnet Tow is $3,305.0{)0.01) driL Rdyrnurnd .,nd Delio Rer_eel i5 $55,DOD.00). <br />Exhlblt "A" attached hrnn-o, sets -f(i rl -, )t these e;<p e ) tuns, <br />The Fiesta Marketplarc Partners shalt irvest an estiMd -trd $580,UG0,C0 to renovate -hr <br />Public gatherny area cxreitly known as "The Faseo Tne City ow s a part of -1-jo <br />PasPO that fronts the Cit1 uwne: Surface pdrkirg :ot at Third and Bush _atn ets. 'he <br />Fiesta Marketplace Partners w ll -enovate The Paseo a' its` m n nkpo.nso ,rrrl rnl 5 � <br />nyim: ,nirrwment trnm the Cty thr the approximately one feu-t-) of rrn,,atihor <br />whXh translates to 8bCLlt $160,000.00, :hat INOLId Le apJo-`iured to era of <br />The Pa;eo hat the City own,;, <br />Slicer e:T :yClu'S, <br />F-st i larke, am Pzttit rs l:n dnc Ts %o <br />rtay and and ,,mia Rkirillel <br />By: Tr:ira P•1, Ch:ase, Ger.e -a Plai7rer <br />cc: Allan Fair,barg <br />Ryan Chase <br />Raymond and De is kcnyel <br />David Scn_p�c CP.A J <br />CITY COUNCIL MINUTES 25 OCTOBER 18, 2010 <br />1 OA -25 <br />