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8/23/82
RESOLUTION NO. 82- 124
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA ANA APPROVING THE APPLICATION
OF STEPHEN LAWRENCE PHILIPSON 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, Stephen Lawrence Philipson has submitted
an application for such financing for a project consisting
of an office building on property located on West Santa Ana
Boulevard in the City of Santa Ana; and
WHEREAS, this Council has reviewed the said
application and accompanying staff report.
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 accepts and approves the said
application and the participation of the City in the
financing of the said project, subject to the provisions
of
RESOLUTION NO. 82- 124
PAGE TWO
Chapter 28 of the Santa Ana Municipal Code and the
conclusion of all proceedings undertaken to consummate
financing to the satisfaction of the City.
ADOPTED this
7th day of September
1982.
such
Gordon , Mayor
ATTEST:
COUNC ILMEMBERS:
Council
Bricken Aye
Luxembourger ~ye
Acosta ~ye
Serrato ~ye
Griset --~ye
Markel -- Na
McGuigan ~
Approved as to Form:
Edward J. Cooper, City Attorney