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<br />". <br /> <br />RESOLUTION NO. 75-8 <br /> <br />. <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA AMENDING <br />RESOLUTION NO. 75-7 APPROVING AN INCREASE <br />IN THE PRICE OF ACQUISITION FOR THOSE PAR- <br />CELS SPECIFIED FOR THE PURPOSE OF ASSEMBLING <br />A SITE IN THE CITY OF SANTA ANA REDEVELOPMENT <br />PROJECT AREA BY THE COMMVNITY REDEVELOPMENT <br />AGENCY FOR SENIOR CITIZENS HOUSING <br /> <br />WHEREAS, on February 18, 1975, the Community Redevelop- <br />ment Agency of the City of Santa Ana adopted Resolution No. <br />75-7 finding that the public interest, convenience and nec- <br />essity required, and the Agency ordered, the acquisition <br />by the Community Redevelopment Agency of certain parcels for <br />assembling the Senior Citizens Housing site; and <br /> <br />WHEREAS, said Resolution No, 75-7 approved an appraised <br />value for certain parcels constituting a part of the Senior <br />Citizens Housing Site as follows: Parcel 008-161-01, $25,000; <br />Parcel 008-161-02, $24,500; Parcel 008-161-03, $33,000; and <br />Parcel 008-161-05, $38,000; and . <br /> <br />. <br /> <br />WHEREAS, it is the desire of the Community Redevelopment <br />Agency of the City of Santa Ana to amend Resolution No. 75-7 <br />by increasing the authorized acquisit.ion price for the afore- <br />said parcels as follows: Assessor's Parcel 008-161-01, $25,500, <br />an increase of $500; Parcel 008-161-02, $25,000, an increase <br />of $500; Parcel 008-161-03, $35,000, an increase of $2,000; and <br />Parcel 008-161-05, $40,000, an increase of $2,000. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Community <br />Redevelopment Agency of the City of Santa Ana that Resolution <br />No. 75-7 of the Community Redevelopment Agency is hereby <br />amended as follows: <br /> <br />1, That the Executive Director of this Agency be, <br />and he is hereby authorized, empowered and directed to open <br />an escrow for the purchase by this Agency of the fee simple <br />estates for the following described parcels for the amounts <br />so indicated: <br /> <br /> ASSESSOR'S APPRAISED <br /> PARCEL NO. ADDRESS VALUE <br /> 008-161-01 430 W. Second Street $25,500.00 <br /> Santa Ana, California <br />. 008-161-02 426 W. Second Street 25,000.00 <br /> Santa Ana, California <br /> 008-161-03 424 W. Second Street 35,000.00 <br /> Santa Ana, California <br /> 008-161-05 412 W.Second Street 40,000.00 <br /> Santa Ana, California <br /> <br />subject only to the encumbrances stated in Resolution No. 75-7, <br />for cash, in which escrow general and special County and City <br /> <br />. <br />