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"'290'4-26 JHHW,CF"'jaj 11106/90 . RESOLUTION NO. 90-09 RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING AMENDMENTS TO INDENTURES OF TRUST RELATING TO 1989 TAX ALLOCATION REFUNDING BONDS, AND AUTHORIZING MATTERS RELATING TO REMARKETING AND REFUNDING OF 1985 TAX ALLOCATION BONDS WHEREAS, the Community Redevelopment Agency of the City of Santa Ana (the "Agency") has previously issued its Santa Ana Inter-City Commuter Station Redevelopment Project Area, Tax Allocation Bonds, 1985 Series A in the aggregate principal amount of $8,000,000, its City of Santa Ana Redevelopment Project Area, Tax Allocation Bonds, 1985 Series B in the aggregate principal amount of $63,850,000, its Santa Ana South Harbor BoulevardiFairview Street Redevelopment Project Area, Tax Allocation Bonds, 1985 Series C in the aggregate principal amount of $13,650,000, and its Santa Ana South Main Street Redevelopment Project Area, Tax Allocation Refunding Bonds, 1985 Series D, in the aggregate principal amount of $13,000,000 (collectively, the "1985 Bonds"), each pursuant to a separate resolution adopted by the Agency on December 3, 1985 (collectively, the "1985 Bond Resolutions"); and . WHEREAS, pursuant to the 1985 Bond Resolutions, the 1985 Bonds are subject to mandatory tender and remarketing on December 15, 1990; and WHEREAS, the Agency has previously issued four series of its tax allocation bonds dated as of November 1, 1989 (collectively, the "1989 Bonds") pursuant to separate Indenture of Trust each dated as of November I, 1989 (collectively, the "1989 Bond Indentures"), by and between the Agency and Dai-Ichi Kangyo Bank of California as trustee (the "Trustee") for the purpose of providing funds to be set aside for the advance refunding of the 1985 Bonds; and WHEREAS, the Agency wishes at this time to authorize certain actions to be taken in connection with the remarketing of the 1985 Bonds, including the amendment of the 1989 Bond Indentures in certain respects for the purpose of facilitating the remarketing of the 1985 Bonds and to provide for the deposit into appropriate redevelopment funds of proceeds of the 1989 Bonds not required for the purpose of refunding the 1985 Bonds; NOW, THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Santa Ana as follows: SECTION 1. Amendment of i989 Bond indentures. The Agency hereby authorizes and approves the amendment of each t>f the 1989 Bond Indentures pursuant to a separate First Amendment to Indenture of Trust each dated as of December 15, 199O, by and between the Agency and the Trustee, in substantially the respective forms on file with the Recording Secretary together with any changes therein or additions thereto approved by the Executive Director. The Chairman is hereby authorized and directed to execute, and the Recording Secretary is hereby authorized and directed to attest, each First Amendment to Indenture for and in the name of the Agency. The Agency hereby authorizes the delivery and performance of each First Amendment to Indenture. .