55B - RESO - WARNER ASSESSMENT DISTRICT

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CONTINUING DISCLOSURE AGREEMENT This Continuing Disclosure Agreement (the "Disclosure Agreement ") is executed and entered into as of ' 2016, by and between the City of Santa Ana (the "City "), and Urban Futures, Inc., as dissemination agent (the "Dissemination Agent "), in connection with the issuance by the City of its Assessment District No. 2015.01 (Warner Industrial Community) Limited Obligation Improvement Bonds in the aggregate principal amount of $ (the "Bonds "). The Bonds are being issued pursuant to the provisions of the Improvement Bond Act of 1915 (the "Act "), and a Fiscal Agent Agreement dated as of July 1, 2016 (the "Fiscal Agent Agreement "), by and between the City and U.S. Bank National Association, as fiscal agent (the "Fiscal Agent "), The City and the Dissemination Agent hereby covenant and agree as follows: Section 1. Purpose of the Disclosure Agreement. This Disclosure Agreement is being executed and delivered by the parties hereto for the benefit of the Owners and Beneficial Owners of the Bonds and in order to assist the Participating Underwriter in complying with Rule 15c2- 12(b)(5) promulgated under the Securities and Exchange Act of 1934. Section 2. Definitions. In addition to the definitions set forth in the Fiscal Agent Agreement, which apply to any capitalized terms used but not otherwise defined in this Disclosure Agreement, the following capitalized terms shall have the following meanings: "Annual Report" shall mean any Annual Report provided by the City pursuant to, and as described in, Sections 3 and 4 of this Disclosure Agreement. "Annual Report Date" shall mean the date in each year that is the first day of the month following the ninth month after the end of the City's fiscal year, which date, as of the date of this Disclosure Agreement, is April I. "Assessment District" means Assessment District No. 201.5 -01. "Assessments" means the assessments levied on properties within the Assessment District which secure the payment of Debt Service. "Beneficial Owner" shall mean any person which has or shares the power, directly or indirectly, to make invesurient decisions concerning ownership of any Bonds (including persons holding Bonds through nominees, depositories or other intermediaries). "Dissemination Agent" shall mean initially, Urban Futures, Inc., as Dissemination Agent hereunder, or any successor Dissemination Agent designated in writing by the City and which has filed with the Fiscal Agent a written acceptance of such designation. "EMMA" shall mean the Electronic Municipal Market Access system information about which may be found at the following Internet address: http: / /cmma.msrb.org /. "Listed Events" shall mean any of the events listed in Section 5(a) of this Disclosure Agreement. EXHIBIT 6 55B -135