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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />APPROVING THE SALE OF AGENCY OWNED PROPERTY LOCATED AT 335 <br />EAST McFADDEN AVENUE; AUTHORIZING THE CITY MANAGER TO <br />EXECUTE DOCUMENTS AS NECESSARY; AND MAKING CERTAIN FINDINGS <br />WITH RESPECT THERETO, ON BEHALF OF THE CITY <br />2. Authorize the City Manager, or designee, to execute an agreement, subject <br />to non-substantive changes approved by the City Manager and City <br />Attorney. <br />AGMT -For the acquisition of real property from the Community Redevelopment <br />Agency located at 335 East McFadden Avenue (APN 011-065-19) in an amount <br />of $272,860, plus normal closing costs and escrow fees. <br />3. Approve an appropriation adjustment. (Requires five affirmative votes) <br />APPROPRIATION ADJUSTMENT NO. 2011-219 -Recognizing $280,000 in the <br />Residential Development -District 3 revenue account and appropriating the same <br />to expenditure account <br />COMMUNITY REDEVELOPMENT AGENCY ACTION <br />RECOMMENDED ACTIONS: <br />1. Adopt a resolution. <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY FOR THE <br />CITY OF SANTA ANA APPROVING THE SALE OF AGENCY OWNED <br />PROPERTY LOCATED AT 335 EAST McFADDEN AVENUE; AUTHORIZING <br />THE EXECUTIVE DIRECTOR TO EXECUTE DOCUMENTS AS NECESSARY; <br />AND MAKING CERTAIN FINDINGS WITH RESPECT THERETO, ON BEHALF <br />OF THE AGENCY <br />2. Authorize the Executive Director, or designee, to execute an agreement, <br />subject to non-substantive changes approved by the Executive Director and <br />Agency General Counsel. <br />AGMT -For the sale of real property to the City of Santa Ana located at 335 East <br />McFadden Avenue (APN 011-065-19) in an amount of $272,860, plus normal <br />closing costs and escrow fees. <br />COMMENTS <br />6. COMMUNITY REDEVELOPMENT AGENCY BOARDMEMBER COMMENTS <br />CRA AGENDA 5 JUNE 20, 2011 <br />