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. . . . 8 REL :mb ( 33 ) 2/24/89 Rev. 4/12/89 RESOLUTION NO. 89-4 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA CONSENTING TO THE ASSIGNMENT OF THE DEVELOPMENT AGREE- MENT FOR PARCEL 5 OF THE SANTA ANA AUTO MALL BY J.R. WOOD TO JAMES W. CONNOR AND APPROV- ING AN AMENDED DISPOSITION AND DEVELOPMENT AGREEMENT FOR PARCEL 5 WITH JAMES W. CONNOR. WHEREAS, the Community Redevelopment Agency of the City of Santa Ana (the "Agency") entered into a Lease, Option and Development Agreement, dated December 18, 1984 with J. R. Wood for the development of Parcel 6 of the Santa Ana Auto Mall as a Chrysler dealership; and WHEREAS, by a lot line adjustment recorded in the Official Records of Orange County as Document Number 86-379342 a portion of Parcel 4, as originally established by the subdi- vision map of the Santa Ana Auto Mall area, was transferred to and joined with Parcel 5, as originally established by said map, such that "ParcelS," as hereinafter referenced, is equivalent to the parcel designated as No.1 on said lot line adjustment and "Parcel 4," as hereinafter referenced, is equivalent to the parcel designated as No.2 on said lot line adjustment; and WHEREAS, by an amendment dated October 15, 1986, the abovesaid Lease, option and Development Agreement was amended to substitute Parcels 4 and 5 of the Santa Ana Auto Mall in place of Parcel 6 as the subject properties of said agreement and to provide for the development of a Chrysler-Plymouth dealer- ship on Parcel 4 and an Isuzu dealership on ParcelS, and to provide that the provisions of said agreement would apply sep- arately and independently to each of said parcels (which agree- ment as thus amended is hereinafter referred to as the "Existing Agreement"); and WHEREAS, J. R. Wood has acquired Parcel 4 and developed said parcel as a Chrysler-Plymouth dealership in accordance with the Existing Agreement and has become entitled to and has received SA Jj-.,