HomeMy WebLinkAbout1982-099 CRA
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9/23/82
RESOLUTION NO. 82-99
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA CONSENTING
TO THE ASSIGNMENT OF COMMERCIAL REHABILITATION
PROJECT AGREEMENTS FOR PROPERTY LOCATED AT
208 NORTH MAIN STREET
WHEREAS, Barbara Mathewson entered into a
.Commercial Rehabilitation Participation Agreement" with the
Community Redevelopment Agency of the City of Santa Ana for
rehabilitation of real property located at 208 North Main
Street in the City of Santa Ana, pursuant to the Major
Commercial Rehabilitation Loan Program carried on by the
Agency and Wells Fargo Bank; and
WHEREAS, Barbara Mathewson does now desire to
convey said real property to Builders Exchange Associates, a
partnership, and to assign and delegate to it all her rights
and duties pursuant to the said .Commercial Rehabilitation
Participant Agreement" and subsequent agreements and
commitments entered into pursuant to the Program; and
WHEREAS, Builders Exchange Associates desire to
acquire said property and assume the rights and obligations
of Barbara Mathewson under said Agreement;
NOW, THEREFORE, BE IT RESOLVED by the Community
Redevelopment Agency of the City of Santa Ana as follows:
1. This Agency does hereby consent to the conveyance
of the real property located at 208 North Main Street from
Barbara Mathewson to Builders Exchange Associates, and to
the assignment and delegation by Barbara Mathewson of all
her rights and obligations under that .Commercial
Rehabilitation Participation Agreement,. dated February 17,
1981, on file in the office of the Executive Director of the
Agency, and under all subsequent agreements and commitments
entered into pertaining to the rehabilitation of the
abovesaid real property, to Builders Exchange Associates.
2. The Chairman of the Agency is authorized to
execute the Agency's consent to an "Assignment and
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RESOLUTION NO. 82-99
PAGE TWO
Delegation Agreement" between Barbara Mathewson as Assignor
and Builders Exchange Associates as Assignee.
ADOPTED this 4th day of
by the following vote: -----
October
,1982,
AYES: MEMBERS: Acosta, Bricken, Griset,
Luxembourger, McGuigan, Serrato
NOES: MEMBERS: Markel
ABSENT: MEMBERS: None
ATTEST:
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Director/Recording Secretary
APPROVED AS TO FORM:
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