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80B JOINT PUBLIC HEARING – ACQUISITION AND SALE OF REAL <br />PROPERTY AND ESCROW INSTRUCTIONS FOR 335 E. MCFADDEN <br />AVENUE – Parks, Recreation & Community Services and Community <br />Development Agency <br /> <br />Legal Notice published in the O.C. Reporter on June 6, 2011 and June 13, <br />2011. <br /> <br /> CITY COUNCIL ACTION <br /> <br /> RECOMMENDED ACTIONS: <br /> <br />1. Adopt a resolution. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA <br />ANA APPROVING THE SALE OF AGENCY OWNED PROPERTY <br />LOCATED AT 335 EAST McFADDEN AVENUE; AUTHORIZING THE <br />CITY MANAGER TO EXECUTE DOCUMENTS AS NECESSARY; <br />AND MAKING CERTAIN FINDINGS WITH RESPECT THERETO, ON <br /> <br />BEHALF OF THE CITY <br /> <br />2. Authorize the City Manager, or designee, to execute an agreement <br />subject to non-substantive changes approved by the City <br />Manager and City Attorney. <br /> <br />AGMT - For the acquisition of real property from the Community <br />Redevelopment Agency located at 335 East McFadden Avenue (APN <br />011-065-19) in an amount of $272,860, plus normal closing costs and <br />escrow fees. <br /> <br />Approve an appropriation adjustment. <br />3. (Requires five affirmative <br />votes) <br /> <br />APPROPRIATION ADJUSTMENT NO. 2011-219 – Recognizing <br />$280,000 in the Residential Development – District 3 revenue account <br />and appropriating the same to expenditure account <br /> <br /> <br /> COMMUNITY REDEVELOPMENT AGENCY ACTION <br /> <br /> RECOMMENDED ACTIONS: <br /> <br />1. Adopt a resolution. <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY <br />FOR THE CITY OF SANTA ANA APPROVING THE SALE OF AGENCY <br />OWNED PROPERTY LOCATED AT 335 EAST McFADDEN AVENUE; <br />AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE <br />DOCUMENTS AS NECESSARY; AND MAKING CERTAIN FINDINGS <br />WITH RESPECT THERETO, ON BEHALF OF THE AGENCY <br />CITY COUNCIL AGENDA 13 JUNE 20, 2011 <br /> <br /> <br />