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REQUEST FOR ���►�r, <br />COUNCIVAGENCY <br />ACTION s. <br />MEETING DATE: <br />MARCH 15, 2004 <br />IIIrrrRl <br />ACQUISITION OF LEASEHOLD & <br />BUSINESS INTERESTS AND LICENSE <br />AGREEMENTS WITH VINCI <br />INVESTMENTS, INC. FOR CERTAIN <br />PROPERTY LOCATED AT 2051 -2101 <br />EAST EDINGEERR AVENUE <br />a�4 � , gyp' <br />it tz - l� C �tGrik-ek- <br />CITY MANAGER 4 EXECU 1 /E DIRECTOR <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ <br />As Recommended <br />❑ <br />As Amended <br />❑ <br />Ordinance on 1st Reading <br />❑ <br />Ordinance on 2nd Reading <br />❑ <br />Implementing Resolution <br />❑ <br />Set Public Hearing For <br />CONTINUED TO <br />FILE NUMBER <br />CITY COUNCIL ACTION <br />Approve and adopt the Negative Declaration, Environmental Review No. <br />2003 -149. <br />COMMUNITY REDEVELOPMENT AGENCY ACTION <br />1. Direct the Agency General Counsel to prepare and authorize the <br />Executive Director to execute an Agreement for Acquisition of <br />Leasehold and Business Interests with Vinci Investments, Inc., dba <br />Honda Santa Ana for certain real property, furniture, fixtures and <br />equipment and intangible property located at 2051 and 2101 East <br />Edinger Avenue (APNs 402- 101 -44 & 402 - 101 -45), in the amount of <br />$4,247,897 plus normal closing costs. <br />2. Direct the Agency General Counsel to prepare and authorize the <br />Executive Director to execute a License and Right of Entry <br />Agreement with Vinci Investments, Inc., dba Honda Santa Ana for <br />property located at 2051 and 2101 East Edinger Avenue. <br />1 <br />