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<br />- <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />, <br /> <br />REL:rs <br />5-17-77 <br /> <br />RESOLUTION NO. 77-~ <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA AUTHORIZING <br />THE EXECUTIVE DIRECTOR OF THE AGENCY TO EN- <br />TER INTO EMERGENCY HOME REPAIR LOAN AGREEMENTS <br /> <br />WHEREAS, the City Council of the City of Santa Ana has <br />allocated Community Redevelopment funds to the Santa Ana <br />Redevelopment Agency for the purpose of conducting an emergency <br />home repair loan program for owners of property located between <br />First, Third, Van Ness and Flower Streets in the City of Santa <br />Ana. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment <br />Agency of the City of Santa Ana as follows: <br /> <br />1. The Executive Director of the Community Redevelopment <br />Agency of the City of Santa Ana is authorized to enter into loan <br />agreements with and to loan funds to owners of residential prop- <br />erty located within the abovesaid area for the purpose of allowing <br />such owners to make repairs which in the opinion of the Executive <br />Director are necessary to correct serious health and safety defi- <br />ciencies in order to make such property habitable until its acqui- <br />sition by the Community Redevelopment Agency. <br /> <br />2. No more than one thousand dollars ($1,000.00) shall <br />be loaned for the repair of anyone residential unit. <br /> <br />3. Each loan agreement shall be in the form set forth <br />in Exhibit A, attached hereto and incorporated herein, and all <br />loans shall be made in accordance with the terms thereof. <br /> <br />4. No more than seven thousand dollars ($7,000.00) in <br />aggregate shall be loaned pursuant to the authority hereby granted. <br /> <br />ADOPTED, this 24th day of <br />the following vote, to wit: <br /> <br />,1977, by <br /> <br />May <br /> <br />AYES, MEMBERS: Brandt, Ward, Garthe, Evans, Yamamoto, <br /> Bricken, Ortiz <br />NOES, MEMBERS: None <br />ABSENT, MEMBERS: None <br /> <br />ATTEST: <br /> <br /> <br />~~ <br /> <br />RICHARD E. GOBLIRSCH, <br />Executive Director and <br />Recording Secretary <br /> <br />~AS¡~ <br /> <br />KEITH L. GOW <br />Agency Legal Counsel <br />