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J. . . . : RESOLUTION NO. 98-17 A REf?OLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA ADOPTING A REPLACEMENT HOUSING PLIIN FOR ACQUISITION AND DEMOLITION OF RESIDENTIAL PROPERTY LOCATED AT 1812-1818 ~ Main Street THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: SECTION 1. The Santa Ana City Council adopted the Redevelopment Plan for the Santa Ana Central City Redevelopment Project on July 2, 1973 by Ordinance No. NSl173 and amended ~he Plan on June 2, 1975 by Ordinance No. NS1258 (the "Redevelopment Project") . SECTION 2. The Agency is undertaking a development of low- moderate income housing requiring the acquisition and demolition of residential real property (the .property") , which currently contains approximately two dwelling units. SECTION 3. Section 33413.5 of the California Health and Safety Code requires that not less than 30 days prior to the execution of an agreement for acquisition of real property, or the execution of an agreement for the disposition and development of property, or the execution of an owner participation agreement, which agreement would lead to the destruction or removal of dwelling units from the low- and moderate-income housing market, the Agency shall adopt by resolution a Replacement Housing Plan. SECTION 4. The Agency has prepared a Replacement Housing Plan relating to the acquisition of the Property, in the form presented by the Agency Executive Director. SECTION 5. The Agency has made a draft of the Replacement Housing Plan available to the public and to other public agencies for a reasonable time prior to this meeting, following the publication of notice of the availability of the draft Replacement Housing Plan for review and comment. SECTION 6. The Replacement Housing Plan includes 1) the general location of housing to be rehabilitated, developed or constructed pursuant to section 33413 (the "Replacement Housing"; 2) an adequate means of financing the Replacement Housing; 3) a finding that the Replacement Housing does not require the approval of the voters pursuant to Article XXXIV of the California Constitution; 4) the number of dwelling units housing persons or families of low- or moderate-income in the Replacement Housing which will be available at affordable housing cost to very-Iow-income persons or families, and which is at least equal to the number of dwelling units in the Property, and which have