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Agreement for Acquisition of Real <br />Property and Escrow Instructions <br />for 901 Brown Street <br />March 15, 2004 <br />Page 2 <br />designed in a manner that will enhance the surrounding neighborhood. The <br />subject property is within the boundaries of the specific plan currently <br />being prepared for development of a new residential neighborhood in the <br />area bounded by French Street, Civic Center Drive, Santiago Street and <br />Third Street. Attached as Exhibit 2 is a map of the area depicting this <br />and other Agency -owned properties. <br />FISCAL IMPACT <br />Funds are available in the Housing Set -Aside fund, Santa Ana Boulevard <br />Development Plan account (account no. 504 - 936 -6611, project no. 7095). <br />ZA, <br />Jo P. Reekstin <br />Executive Director <br />JPR /JL /kla <br />H: Actions \2004CRA\AgeeAcquiBscro901 BrownSt- 3 -15 -04 <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />12a el. <br />Rod R. Coloma <br />Executive Director <br />Finance & Management Services Agency <br />12 141 tj <br />