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Joint Public Hearing - Sale <br />of Agency Owned Property <br />March 3, 2008 <br />Page 2 <br />$92,000. The intent is to ultimately develop this site in a manner <br />consistent with the surrounding neighborhood. <br />ENVIRONMENTAL COMPLIANCE <br />In accordance with the California Environmental Quality Act, this <br />project is exempt from further review. Categorical Exemption No. ER <br />2008 -41 will be filed for this project. <br />FISCAL IMPACT <br />Funds for the acquisition of this property are available in the Capital <br />Outlay Fund Non - Departmental Land account (account no. 051- 012 - 6611) . <br />Proceeds from the sale of the property to the City of Santa Ana will be <br />deposited in the Agency's Housing Set -Aside Sale of Land account <br />(account no. 507 -01- 5721). <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Shelly Jandry -Ba e Francisco Gutierrez <br />Housing Manager Executive Director <br />Community Development Agency Finance and Management Services V� <br />SGH /SLB /mlr <br />H: \ACTION ITEMS \C0UNCIL \2008CC \030308 JT CC -CRA - SaleAgenProp 809ESABlvd.doc <br />I m <br />