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HOUSING AUTHORITY AGENDA 4 JULY 5, 2016 <br />HOUSING AUTHORITY RECOMMENDED ACTIONS <br /> <br />1. Adopt a resolution <br /> <br />A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF SANTA <br />ANA APPROVING THE PURCHASE AND SALE AGREEMENT FOR THE <br />DISPOSITION OF PROPERTY LOCATED AT 1126-1146 EAST WASHINGTON <br />AVENUE TO THE CITY OF SANTA ANA <br /> <br />2. AGMT - Authorize the Executive Director and Recording Secretary to execute <br />the Purchase and Sale Agreement and all required documents for the <br />acquisition of real property, by and between the Housing Authority of the City <br />of Santa and the City of Santa Ana, located at 1126-1146 East Washington <br />Avenue (APN 398-092-14) in the amount of $3,490,000 plus closing costs and <br />escrow fees, subject to non-substantive changes approved by the Executive <br />Director and Authority General Counsel. <br /> <br /> CITY COUNCIL RECOMMENDED ACTIONS <br /> <br />1. Adopt a resolution <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />APPROVING THE PURCHASE AND SALE AGREEMENT FOR THE <br />ACQUISITION OF PROPERTY FROM THE HOUSING AUTHORITY OF THE <br />CITY OF SANTA ANA FOR PROPERTY LOCATED AT 1126-1146 E. <br />WASHINGTON AVENUE <br /> <br />2. AGMT - Authorize the City Manager and Clerk of the Council to execute the <br />Purchase and Sale Agreement and all required documents for the acquisition of <br />real property, by and between the Housing Authority of the City of Santa Ana <br />and the City of Santa Ana, located at 1126-1146 East Washington Avenue (APN <br />398-092-14) in the amount of $3,490,000, plus closing costs and escrow fees, <br />subject to non-substantive changes approved by the City Manager and City <br />Attorney. <br /> <br />3. Approve an appropriation adjustment. (Requires five affirmative votes) <br /> <br />APPROPRIATION ADJUSTMENT NO. 2017 – 005 - Recognize prior year fund <br />balance of $3,490,000 into the Public Works Water Revenue Prior Year Carry <br />Forward Revenue account and appropriate the same amount into the Water Systems <br />Maintenance Expense account. <br /> <br /> <br />***END OF BUSINESS CALENDAR*** <br />