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HomeMy WebLinkAbout1981-076 CRA REL:adg 8/7/81 Ii ~CORDING REQUESTED BY: The Community Redevelopment Agency of the City of Santa Ana WHEN RECORDED, MAIL TO: 8 Community Redevelopment Agency of the City of Santa Ana 20 Civic Center Plaza Santa Ana, CA 92701 RESOLUTION NO. 81-76 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA AUTHORIZING THE CHAIRMAN TO EXECUTE A COMMERCIAL REHA- BILITATION AGREEMENT BETWEEN THE AGENCY AND OTIS BUILDING PARTNERSHIP II FOR PROPERTY LOCATED AT 101/103 W. FOURTH AND PROVIDING FOR THE EXEMPTION OF SAID PROPERTY FROM ACQUISITION BY THE AGENCY BY EMINENT DOMAIN UPON CERTAIN CONDITIONS , BE IT RESOLVED by the Community Redevelopment Agency of the City of Santa Ana as follows: 1. The Chairman of the Agency is hereby authorized to execute on behalf of the Agency that certain agreement entitled .Commercial Rehabilitation Participation Agreement, (101/103 W. Fourth),. form dated 3/25/81, between the Agency and Otis Building Partnership II, copies of which are on file in the office of the Executive Director of the Agency and to which reference is hereby made for full particulars, which Agreement pertains to property (hereinafter referred to as the .subject property") specifically described in Exhibit A, attached hereto and incorporated herein by referen~e. 2. The Executive Director is hereby authorized to take all steps, and to sign all documents and instruments necessary to implement and carry out this Agreement on behalf of the Agency. . fl-~ 5A . , . RESOLUTION NO. 81-76 PAGE TWO 3. Upon issuance of a Certificate of Completion pursuant to the abovesaid Agreement, the Executive Director of the Agency shall cause this Resolution to be recorded in the Official Records of Orange County. From and after the date of such recordation, the subject property shall be exempt from acquisition by the Agency by eminent domain in accordance with section 33399(g) of the Community Redevelopment Law, subject to the condition that, in the event of the substantial destruction of the building rehabilitated pursuant to the abovesaid Agreement, said exemption shall terminate. ADOPTED this 17th day of August by the following vote:----- ,1981, AYES: MEMBERS: Ä~õ~~I; S~~RäÛ~GA~UXEMBOURGER, BRICKEN, MEMBERS: MARKEL NOES: ABSENT: MEMBERS: NONE ATTEST: RE S SON EXECUTIVE DIRECTOR! RECORDING SECRETARY APPROVED AS TO FORM: g~£Z,~ EDWARD J. C PER AGENCY LEGAL COU L t1-~S I 5A . ' . 8 . EXHIBIT A The property situated in the State of California, County of Orange, and described as follows: PARCEL 1: Beginning at the Southeast corner of Lot 1 in Block 14 of the Town of Santa Ana, as shown on a map recorded in Book 2, Page 51 of Miscellaneous Records of Los Angeles County, California; thence West along the South line of said Lot 1, 46.83 feet; thence Northerly 69.71 feet along a line which if extended Northerly would intersect the North line of Lot 4 in said Block 14 at a point 46,90 feet West of the Northeast corner of said Lot 4; thence West 0.37 feet, thence Northerly 30.29 feet along a line parallel to the line of the second course (if extended Northerly) to a point in the North line of said Lot 4, 47.30 feet West of the Northeast corner of said Lot 4; thence East along the North line of said Lot 4, 47.30 feet to the Northeast corner of said Lot 4; thence South along the East line of said Lots 4 and 1, 100 feet to the point of beginning. PARCEL 2: Beginning at the Sou'~heast corner of Lot 5 in Block 14 of the Town of Santa Ana, as shown on a map recorded in Book 2, Page 51 of Miscellaneous Records of Los Angeles County, California; thence West along the South line of said Lot 5, 46.93 feet; thence North 0.76 feet; thence East 46.93 feet to a point on the East line of said Lot 5, 0.44 feet North of the point of beginning and thence South 0.44 feet to the point of beginning. 1t-s-2 J1- 5A