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Resolution No. 2025-XXX <br />Page 1 of 3 <br />EXHIBIT 1 <br />RESOLUTION NO. 2025-XXX <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA, <br />APPROVING THE ISSUANCE OF NOT TO EXCEED $40,000,000 <br />TAXABLE REVENUE BONDS BY THE CALIFORNIA ENTERPRISE <br />DEVELOPMENT AUTHORITY FOR 3130 SOUTH FAIRVIEW STREET <br />WHEREAS, 3130 South Fairview LLC, a California limited liability company <br />(“Fairview”), and Robinson Pharma, Inc., a California corporation (“Robinson” and, <br />together with Fairview, the “Applicants”), have requested the California Enterprise <br />Development Authority (the “Authority”) to issue, from time to time, pursuant to a plan of <br />finance, of one or more series of its taxable bonds, notes, or other evidence of <br />indebtedness in an amount not to exceed $40,000,000 (the “Bonds”), the proceeds of <br />which are to be loaned to one or both of the Applicants and/or related or successor entities <br />(collectively, the “Borrowers”) for the purpose of (a) financing, refinancing and/or <br />reimbursing the cost of the acquisition, improvement and equipping of the real property <br />and improvements located at 3130 South Fairview Street, Santa Ana, California 92704; <br />and (b) paying certain financing costs and costs of issuance in connection with the <br />Bonds (collectively, the “Project”); and <br />WHEREAS, pursuant to Section 91530(f) of the California Industrial Development <br />Financing Act (constituting Title 10 of the California Government Code) (the “Government <br />Code”), the issuance of the Bonds by the Authority must be approved by the local agency <br />having jurisdiction over the area in which all or a portion of the Project is located; and <br />WHEREAS, the Project is located within the territorial limits of the City of Santa <br />Ana (the “City”); and <br />WHEREAS, the Authority and the Borrowers have requested that the City <br />Council approve the issuance of the Bonds by the Authority in order to satisfy the <br />requirements of Section 91530(f) of the Government Code; and <br />WHEREAS, it is in the public interest and for the public benefit that the City Council <br />approve the issuance of the Bonds by the Authority for the aforesaid purposes. <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Santa <br />Ana as follows: <br />Section 1. On information and belief, the foregoing recitals are true and correct. <br />Section 2. The City Council hereby approves the issuance of the Bonds by the <br />Authority for the purpose of financing, refinancing and/or reimbursing the cost of the <br />Project. It is the purpose and intent of the City Council that this resolution constitute <br />approval of the issuance of the Bonds by the Authority for the purposes of <br />Section 91530(f) of the Government Code.