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For the purchase of real property from the City of Santa Ana for the property <br />located at 415 and 423 S. Raiff Street (APN 007-213-12 and APN 007-213-14) in <br />an amount of $1,076,093, plus closing costs and escrow fees. <br />5 <br />MOTION: Alvarez <br />VOTE: <br />AYES: <br />NOES: <br />ABSTAIN: <br />ABSENT: <br />SECOND: Martinez <br />Alvarez, Benavides, Bustamante, Martinez, Pulido, <br />Sarmiento, Tinajero (7) <br />None (0) <br />None (0)* <br />None (0) <br />JOINT PUBLIC HEARING - ACQUISITION AND SALE OF REAL PROPERTY <br />AND ESCROW INSTRUCTIONS FOR 335 E. MCFADDEN AVENUE <br />Legal Notice published in the O. C. Reporter on June 6, 2011 and June 13, 2011. <br />MOTION: <br />1. Adopt a resolution. <br />CRA RESOLUTION NO. 2011-007 - A RESOLUTION OF THE COMMUNITY <br />REDEVELOPMENT AGENCY FOR THE CITY OF SANTA ANA <br />APPROVING THE SALE OF AGENCY OWNED PROPERTY LOCATED AT <br />335 EAST MCFADDEN AVENUE; AUTHORIZING THE EXECUTIVE <br />DIRECTOR TO EXECUTE DOCUMENTS AS NECESSARY; AND MAKING <br />CERTAIN FINDINGS WITH RESPECT THERETO, ON BEHALF OF THE <br />AGENCY <br />2. Authorize the Executive Director, or designee, to execute an <br />agreement, subject to non-substantive changes approved by the <br />Executive Director and Agency General Counsel. <br />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 <br />normal closing costs and escrow fees. <br />MOTION: Benavides SECOND: Alvarez <br />VOTE: AYES: Alvarez, Benavides, Bustamante, Martinez, Pulido, <br />Sarmiento, Tinajero (7) <br />NOES: None (0) <br />CRA MINUTES 3 JUNE 20, 2011