HomeMy WebLinkAbout1985-42 CRA
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9/18/85
RESOLUTION NO. 85-42
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA APPROVING
AN AGREEMENT BETWEEN THE AGENCY AND MORTIMER
STREET PARTNERS
WHEREAS, Section 33449 of the Community Redevelop-
ment Law authorizes redevelopment agencies to acquire and dis-
pose of land in order to provide housing for persons and families
of low or moderate income, whether such land is located inside or
outside of a redevelopment project area¡ and
WHEREAS, in order to obtain the development of such
housing, the Agency proposes to sell certain real property in
the City of Santa Ana to Mortimer Street Partners pursuant to
the terms and conditions of that certain "Participation Agree-
ment" between the Agency and Mortimer Street Partners, which is
a public record on file in the offices of the Aqency and in which
said real property is described¡ and
WHEREAS, the City of Santa Ana, as lead agency under
the California Environmental Qualtiy Act, has prepared and
approved a negative declaration pursuant to the said Act for
the housing project which is the subject of the said Partic-
ipation Agreement in conjunction with the amendment of zoning
designations applicable to the subject property¡
NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA AS FOLLOWS:
1. The Agency finds and determines that the sale and de-
velopment of the subject property pursuant to the Participation
Agreement will provide housing for persons of low and moderate
income,
2. The Agency has reviewed the negative declaration pre-
pared for the subject project and determines that it is adequate
for the Agency's use.
3. The Participation Agreement between the Agency and
Mortimer Street Partners is approved and the Chairman is author-
ized to execute the said agreement and the grant deed and decla-
ration of restrictions pertaining thereto.
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RESOLUTION NO. 85- 42
PAGE TWO
4. The Executive Director is authorized to take all
steps and to sign all instruments and documents necessry to
implement and carry out the said Agreement on behalf of the
Agency.
ADOPTED this ~ day of
by the following votes:
Septanber
,1985,
AYES: MEMBE RS :
NOES: MEMBERS:
ABSENT: MEMBE RS :
GRISET, HART, JOIDIBaiI, li.JXEMI3<XJRGE,
McGUIGAN, YOUNG
None
ACŒTA
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Daniel E. Griset
Chairman
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Rex Swanson
Executive Director and
Recording Secretary
APPROVED AS TO FORM:
. C oper
Counsel
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