2016-075 - Direct Negotiations for the Sale of City-Owned Real Property

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F. On September 20, 2016, the City Council held a duly noticed public hearing after which a 2/3 majority of the City Council voted to exempt the sale of the real property at 2129 North Main Street from competitive bidding and authorize direct negotiations for its sale with the Developer, an entity that intends to develop the site as a hotel. Section 2. The City Council of the City of Santa Ana hereby exempts the sale of the City -owned real property at 2129 North Main Street from the competitive bidding procedures in Santa Ana Municipal Code section 2 -706 and authorizes the City Manager or his designee to negotiate directly for its sale with Net Development Co., in accordance with Santa Ana Municipal Code section 2 -709. Section 3. The City Council of the City of Santa Ana also hereby authorizes the City Manager and the City Attorney to execute an Exclusive Negotiation Agreement - (ENA) with Net Development Co. for the purpose of developing a hotel on the Property. Section 4. This Resolution shall take effect immediately upon its adoption by the City Council, and the Clerk of the Council shall attest to and certify the vote adopting this Resolution. ADOPTED this 20th day of September, 2016. APPROVED AS TO FORM: Sonia R.,Qprvall;lo, City Attorney Attorney AYES Councilmembers: Amezcua, Benavides, Martinez, Pulido, Revna, Tinaiero (6) NOES: Councilmembers: None (0) ABSTAIN: Councilmembers: Sarmiento (1) NOT PRESENT: Councilmembers: Resolution No. 2016 -075 Page 2 of 3