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<br />1/23/07Ies
<br />
<br />RESOLUTION NO. CRA 2007-001
<br />
<br />A RESOLUTION OF THE COMMUNITY
<br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA
<br />ANA ADOPTING A REPLACEMENT HOUSING PLAN FOR
<br />THE RESIDENTIAL PROPERTY LOCATED AT LOCATED
<br />AT 1201, 1209, 1213, 1221, 1225, 1229, AND 1233 EAST
<br />WILSHIRE, AND 1401, 1403, 1409, 1413, 1421, 1425, 1429,
<br />1433, 1437, AND 1439 SOUTH MINNIE STREET
<br />
<br />BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY
<br />OF SANTA ANA, AS FOLLOWS:
<br />
<br />Section 1: The Board of the Community Redevelopment Agency of the City of
<br />Santa Ana hereby finds, determines and declares as follows:
<br />
<br />A. Community Redevelopment Law ("CRL") allows a redevelopment agency to
<br />clear or remove buildings, structures or other improvements from any real
<br />property acquired and owned by the Agency (Health and Safety Code section
<br />33420).
<br />
<br />B. Whenever the Agency destroys or removes dwelling units from the low and
<br />moderate income housing markets, the Agency shall adopt, by resolution, a
<br />replacement housing plan, which shall specify how and where the Agency shall
<br />provide replacement housing units (Health and Safety Code section 33413).
<br />
<br />C. The Agency is assisting Wilshire/Minnie L.P. with the acquisition and
<br />rehabilitation of property located at 1201, 1209, 1213, 1221, 1225, 1229, and
<br />1233 East Wilshire, and 1401, 1403, 1409, 1413, 1421, 1425, 1429, 1433, 1437,
<br />and 1439 South Minnie Street (the "Property"). The Property is comprised of
<br />seventeen buildings which currently have 164 one bedroom units. After the
<br />rehabilitation and reconfiguration, there will be 144 units with a mix of 1,2,3, and
<br />4 bedroom sizes, with occupancy restricted to households with annual incomes
<br />at or below 60 percent of area median income.
<br />
<br />D. Section 33413.5 of the California Health and Safety Code requires that not less
<br />than 30 days prior to the execution of an agreement for acquisition of real
<br />property, or the execution of an agreement for the disposition and development
<br />of property, or the execution of an owner participation agreement, which
<br />agreement would lead to the destruction or removal of dwelling units from the
<br />low- and moderate-income housing market, the Agency shall adopt by resolution
<br />a Replacement Housing Plan.
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<br />Resolution No. eRA 2007-001
<br />Page 1 of 3
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