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. . . ,..' . RESOLUTION NO. 94-11 A RESOLUTION OF THE COMMUNITY REDEVE- LOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING THE LEASE OR PROPERTY LOCATED AT 801C NORTH BROADWAY TO TALLER SAN JOSE WHEREAS, the Community Redevelopment Agency proposes to acquire a parcel of real property located at 801C North Broadway (the "Site") from the County of Orange and to lease the same to Taller San Jose; and WHEREAS, the Agency has prepared, reviewed and considered a Summary Report setting forth the cost to the Agency, the estimated value of the interests to be leased determined at the highest and best uses permitted under the Redevelopment Plan, and other matters, and made said Summary Report available for public inspection in accordance with the California Community Redevelop- ment Law; and WHEREAS, pursuant to the provisions of the California Redevelopment Law, the Agency and the City Council have held a duly noticed joint public hearing on the proposed conveyance of the site pursuant to the Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA, AS FOLLOWS: 1. The lease of the site to Taller San Jose is hereby approved, and the Chairman of the Agency is hereby authorized to execute the said Agreement and the grant deed or deeds pertaining thereto. 2. The Executive Director is hereby authorized to take all steps, and to sign all other documents and instruments necessary to implement and carry out the lease on behalf of the Agency. ' 3. The approval of the lease by the Agency, as hereinabove set forth, is conditional upon the approval of the conveyance of the site upon the terms and conditions contained in the Agreement by the City Council of the city of Santa Ana. 4. This resolution supersedes and replaces Agency Resolution 94-6, which shall be of no further force and effect. 1