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<br /> <br />in inclusionary housing funds for the development of <br />the Legacy Square affordable housing project located <br />at 609 N. Spurgeon Street, Santa Ana, CA 92701, <br />subject to non-substantive changes approved by the <br />City Manager and City Attorney (Agreement No. A- <br />2020-XXX). <br />2. Authorize the City Manager to execute a <br />subordination agreement with Bank of America, N.A., <br />for the City’s inclusionary housing loan agreement <br />with Legacy Square LP, subject to non-substantive <br />changes approved by the City Manager and City <br />Attorney (Agreement No. A-2020-XXX). <br />3. Authorize the City Manager to execute a future <br />subordination agreement with the State of California <br />Department of Housing and Community <br />Development, for the City’s inclusionary housing loan <br />agreement with Legacy Square LP, after the Legacy <br />Square affordable housing project is complete, <br />subject to non-substantive changes approved by the <br />City Manager and City Attorney (Agreement No. A- <br />2020-XXX). <br />4. Resolution No. 2020-XXX - Adopt a resolution <br />approving the issuance of revenue bonds by the <br />California Statewide Communities Development <br />Authority in an amount not to exceed $40,000,000 for <br />the purpose of financing the acquisition, construction, <br />improvement, and equipping of the Legacy Square <br />affordable housing project located at 609 N. Spurgeon <br />Street, Santa Ana, CA 92701. <br /> <br />This consent Item- Resolution No. 2020-100 was approved. <br />This consent Item- Agreement No. 2020-260 and 2020-262 were approved. <br /> <br /> <br />55B. ADOPT A RESOLUTION AMENDING THE CLASSIFICATION AND <br />COMPENSATION PLAN TO CREATE ONE PART-TIME JOB CLASSIFICATION AND <br />AMEND THE ANNUAL BUDGET TO RECLASSIFY TWO POSITIONS IN THE PUBLIC <br />WORKS AGENCY AND ADD ONE POSITION IN THE POLICE DEPARTMENT - <br />Human Resources Department, Public Works Agency and Police Department <br /> <br />1. Adopt a resolution. Resolution No. 2020-XXX - A <br />RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SANTA ANA TO AMEND RESOLUTION <br />NO. 2015-026 TO EFFECT CERTAIN CHANGES TO <br />THE CITY’S BASIC CLASSIFICATION AND <br />COMPENSATION PLAN AND TO AMEND THE <br />CITY COUNCIL MINUTES 16 DECEMBER 15, 2020 <br /> <br />