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Home My WebLink About1975-07 CRA . .' RESOLUTION NO. 75- 7 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA FINDING AND DETERMINING THAT THE PUBLIC INTEREST, CON- VENIENCE AND NECESSITY REQUIRE, AND ORDERING, THE ACQUISITION FOR REDEVELOPMENT PURPOSES THE CERTAIN REAL PROPERTY IN THE REDEVELOPMENT PROJECT AREA FOR THE PURPOSE OF ASSEMBLING A SITE FOR SENIOR CITIZENS HOUSING r WHEREAS, the real property hereinafter described is situated within the City of Santa Ana Community Redevelopment Project Area, and has been appraised for the Community Redevelop- ment Agency of the City of Santa Ana by John Donahue, a qualified real estate appraiser, and the purchase price provided for hereinafter is equal to the value of said real property affixed by such appraisal; NOW, THEREFORE, THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA FINDS, DETERMINES AND RESOLVES AS FOLLOWS: . 1. That the public interest, convenience and necessity require, and the Agency hereby orders, the acquisiton by the Community Redevelopment Agency of the City of Santa Ana, a public body, corporate and politic, for purposes of redevelopment, and for purposes of assembling the Senior Citizens Housing Site, a fee simple estate in and to that certain real property in the City of Santa Ana Redevelopment Project Area as follows: ASSESSOR'S APPRAISED PARCEL NO. ADDRESS VALUE 008-161-01 430 W. Second Street $25,000.00 Santa Ana, California 008-161-02 426 W. Second Street 24,500.00 Santa Ana, California 008-161-03 424 W. Second Street 33,000.00 Santa Ana, California 008-161-04 418 W, Second Street 36,000.00 Santa Ana, California L 008-161-05 412 W. Second Street 38,000.00 Santa Ana, California 008-161-06 410 W. Second Street 34,000.00 Santa Ana, California 008-161-16 408 W. Second Street 23,500.00 Santa Ana, California 008-161-15 404 W. Second Street 25,500.00 . . . RESOLUTION NO. 75- 7 PAGE TWO ASSESSOR'S PARCEL NO. ADDRESS APPRAISED VALUE r The underlying fee interest in that portion of Second Street and the alley adjacent to the abovedescribed parcels, which portion of Second Street and said alley are legally described in Exhibit "A" which is attached hereto and by this reference incorporated herein 5,000.00 Demolition and Relocation expense pertaining 80,500,00 to abovedescribed properties TOTAL $325,000,00 . 2. That said properties shall be purchased with cash through escrow, as provided from the City of Santa Ana City Council-Redevelopment Agency revolving fund 109-134 and the real property taxes on such property shall be pro-rated to the close of escrow. L 3. That the Executive Director of this Agency be and he is hereby authorized, empowered and directed to open an escrow for the purchase by this Agency of the fee simple estates hereinbefore specified, in and to the above described real property, subject only to the encumbrances aforestated for the amounts so specified in cash, in which escrow general and special county and city real property taxes for the fiscal year 1974-1975 shall be pro-rated to the close of escrow, and the Agency will pay in full the escrow fee, the cost of the policy of title insurance and all other incidental expenses related to the purchase of said real property. 4, That the Agency hereby confirms that the monies disbursed from the City of Santa Ana City Council-Redevelop- ment Agency revolving fund for the purchase of said properties is hereby declared to be a loan by the City of Santa Ana to the Redevelopment Agency, and the Agency hereby confirms its agreement to pay the amount of said loan to the City of Santa Ana according to the terms and conditions of that certain agreement dated March 12, 1973, between the City of Santa Ana and the Community Redevelopment Agency of the City of Santa Ana which provides that budgetary appropriations made by the City to the Agency shall be considered a loan to the Agency from the City and shall be repaid by the Agency at such time as the Agency is able to repay said loan with interest at seven percent per annum. . . . r L . RESOLUTION NO. 75- 7 PAGE THREE PASSED AND ADOPTED by the Community Redevelopment Agency of the City of Santa Ana at its Adjourned ~ar meeting held on the 18 day of February , 1975. ß.::J¿ ATTEST; VERNON S, EVANS, Chairman RICHARD GOBLIRSCH, Executive Director and Recording Secretary - Agency STATE OF CALIFORNIA) COUNTY OF ORANGE) ss,; CITY OF SANTA ANA) I hereby certify that the foregoing resolution was duly adopted by the Community Redevelopment Agency of the City of Santa Ana, California, at an Adjourned Regular meeting thereof, held on the ~ day of Februarv , 1975, by the following vote, to wit: AYES: NOES: MEMBERS; Evans, Garthe, Yarnarrcto, Bricken, Griset, Ward ABSENT: MEMBERS:Markel MEMBERS: None irector , . ..- '4' .. ~ ,. 1t . . . . . EXHIBIT "A" That portion of the Park Tract Addition to Santa Ana as per map recorded in Book 1, page 30 of Record of Surveys, Records of Orange County, State of California, described as follows: That alley bounded by the following described line: Beginning of the Southwest corner of Lot 14 of said Park Tract, said Southwest corner being a point along the North line. of said alley; thence Easterly 416,7 feet along said North line to the Southeast corner of Lot 28 of said Park Tract; thence Southerly 10 feet along the Southerly prolonga- tion of the East line of said Lot 28 to the Northeast corner of Lot 29 of said Park Tract, said Northeast corner heing a point along the South line of said alley; thence Westerly 416.5 feet along said South line to the Northwest corner of Lot 15 of said Park Tract; thence Northerly 10 feet along the Northerly prolongation of the West line of said Lot 15, to the point of beginning. That portion of the Park Tract Addition to Santa Ana as per map recorded in Book 1, page 30 of Record of Surveys, Records of Orange County, State of California, described as follows: Beginning at the Southwest corner of Lot.13 of said Park Tract; thence Easterly along the South 11ne 119.7 feet to the Southeast corner of said Lot 13; thence Easterly 50 feet along the Easterly prolongation of said South line of Lot 13 to the Southwest corner of that land described as "Birch Park" in said Park Tract; thence Easterly along the South line 250 feet to the Southeast corner of said "Birch Park"; thence Southerly along the Southerly prolongation of the East line of said Birc~ Park 60 feet to the Northeast corner of Lot 28 of sald Park Tract, said northeast corner being a point along the South line of said Second Street; thence Westerly 418.7 feet along said South line to the Northwest corner of Lot 14 of said Park Tract; thence Northerly 60 feet along the Northerly prolongation of the West line of said Lot 14, to the point of beginning.