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17119/081es <br />RESOLUTION NO.2009- <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY <br />OF THE CITY OF SANTA ANA ADOPTING A REPLACEMENT <br />HOUSING PLAN FOR THE RESIDENTIAL PROPERTY LOCATED AT <br />LOCATED AT 702 S. RAITT STREET <br />BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY <br />OF SANTA ANA, AS FOLLOWS: <br />Section 1: The Board of the Community Redevelopment Agency of the City of <br />Santa Ana hereby finds, determines and declares as follows: <br />A. Community Redevelopment Law ("CRL") allows a redevelopment agency to <br />clear or remove buildings, structures or other improvements from any real <br />property acquired and owned by the Agency (Health and Safety Code section <br />33420). <br />B. Whenever the Agency destroys or removes dwelling units from the low and <br />moderate income housing markets, the Agency shall adopt, by resolution, a <br />replacement housing plan, which shall specify how and where the Agency shall <br />provide replacement housing units (Health and Safety Code section 33413). <br />C. The Agency is assisting Lacy & Raitt L.P. with the acquisition and rehabilitation of <br />property located at 702 S. Raiff Street (the "Property"). The Property is <br />comprised of one apartment building which currently has ten (10) one-bedroom <br />units. After the rehabilitation and reconfiguration, there will be eight (8) units with <br />a mix of 1, 2, and 3, bedroom sizes, with occupancy restricted to households with <br />annual incomes at or below 50 percent of area median income. <br />D. Section 33413.5 of the California Health and Safety Code requires that not less <br />than 30 days prior to the execution of an agreement for acquisition of real <br />property, or the execution of an agreement for the disposition and development <br />of property, or the execution of an owner participation agreement, which <br />agreement would lead to the destruction or removal of dwelling units from the <br />low- and moderate-income housing market, the Agency shall adopt by resolution <br />a Replacement Housing Plan. <br />E. The Agency has prepared a Replacement Housing Plan relating to the <br />acquisition and rehabilitation of the Property, in the form presented by the <br />Agency Executive Director. <br />F. The Agency has made a draft of the Replacement Housing Plan available to the <br />public and to other public agencies for a reasonable time prior to this meeting, <br />4-165 <br />