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COOPERATIVE AGREEMENT BETWEEN THE <br />COMMUNITY REDEVELOPMENT AGENCY <br />AND THE CITY OF SANTA ANA FOR <br />CONSTRUCTION IMPROVEMENTS AT THE THIRD AND <br />BUSH SURFACE PARKING LOT <br />THIS COOPERATIVE AGREEMENT is entered into this 16th day of May, 2011, by and <br />between the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, a <br />public body corporate and politic (the "Agency"), and the CITY OF SANTA ANA, a charter city <br />and municipal corporation duly organized and existing under the Constitution and laws of the State <br />of California (the "City"). <br />WITNESSETH <br />A. The Agency is undertaking certain activities necessary for the execution of the City <br />of Santa Ana redevelopment projects (the "Projects") under the provisions of the California <br />Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) and pursuant to <br />the redevelopment plans for the Projects. <br />B. The Agency desires to contract with the City for the City to provide for the <br />construction of public improvement projects which, in this case, will consist of the capital <br />improvements to the Agency-owned parking lot at Third and Bush Street ("Parking Lot") located <br />within the Merged Project Area (Central City Project Area). Such work will be referred to <br />hereinafter as "Publicly Owned Improvements" in connection with the Agency's redevelopment <br />activities within the Merged Project Area <br />C. The Agency is willing in connection with the provision of such Publicly Owned <br />Improvements by the City, to pay for a portion of the total construction costs of such Publicly <br />Owned Improvements. <br />D. The City has initially paid or will initially pay for said Publicly Owned <br />Improvements on the condition that the Agency contribute to the costs of such construction work on <br />the Publicly Owned Improvements. <br />E. The City and Agency by resolution have each found that the use of Agency <br />redevelopment funding for the Publicly Owned Improvements included herein is in accordance <br />with Section 33445 and 33445.1 of the Community Redevelopment Law ("CRL") and other <br />applicable law. Such Council and Agency resolutions dated March 1, 2011, are each based on the <br />authority, with the consent of the Council, to pay all or part of the cost of the installation and <br />construction of any building, facility, structure, or other improvement which is publicly owned, <br />either within or outside a Project Area, if the City Council makes certain determinations. <br />NOW, THEREFORE, the parties hereto do mutually agree as follows: <br />1 <br />23A-9