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4/7/82
RESOLUTION NO. 82-50
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA ANA APPROVING THE APPLICATION
OF MITSUBISHI CONSUMER ELECTRONICS OF
AMERICA, INC., FOR INDUSTRIAL DEVELOPMENT
BOND FINANCING PURSUANT TO CHAPTER 28 OF
THE SANTA ANA MUNICIPAL CODE
WHEREAS, Chapter 28 of the Santa Ana Municipal
Code authorizes the City to sell its bonds, notes, interim
debentures, or other obligations pursuant to the City
Charter, for the purpose of providing financing for the
acquisition, rehabilitation, construction and improvement of
industrial projects located within the City; and
WHEREAS, Mitsubishi Consumer Electronics of
America, Inc., a corporation qualified to do business in
California, has submitted an application for such financing
for a project consisting of the construction of a television
assembly plant and parking and related and appurtenant
facilities and properties on property located on East
Carnegie Avenue in the City of Santa Ana; and
WHEREAS, this Council has reviewed the said
application and accompanying staff report, including the
negative declaration (I.S. No. 81-206) prepared for said
project .
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF SANTA ANA AS FOLLOWS:
1. This Council finds and determines that the
proposed project as described in the application promotes
the long-term employment of the residents of the City; will
not adversely affect areas outside the boundaries of the
City or transient residents of the State; and is in the
public interests of the City, a valid exercise of the police
powers of the City, and a public purpose in which the City
has a peculiar and unique interest.
2. This Council hereby approves the Negative
Declaration prepared for the project and its finding that
the project will not have a significant effect on the
environment.
RESOLUTION NO. 82-50
PAGE TWO
3. This Council accepts and approves the said
application and the participation of the City in the
financing of the said project, subject to the provisions of
Chapter 28 of the Santa Ana Municipal Code and the
conclusion of all proceedings undertaken to consummate such
financing to the satisfaction of the City.
1982.
ADOPTED this 19th day of April
ATTEST:
M~2: Cler~ o f~Council
Bricken Aye
Luxembourger
Acosta
Serrato ~¥e
Griset ~¥e
Markel Na.¥
McGuigan ~ye
Approved as to Form:
Edward J. /2oo~e~, City Attorney