HomeMy WebLinkAbout84-103RESOLUTION NO. 84- 103
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA ANA APPROVING THE APPLICATION OF MCCALLA
CENTRE, LTD. FOR INDUSTRIAL DEVELOPMENT BOND
FINANCING PURSUANT TO CHAPTER 28 OF THE SANTA ANA
MUNICIPAL CODE
WHEREAS, Chapter 28 of the Santa Aha 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 and commercial projects located within the City;
and
WHEREAS, McCalla Centre, a California General
Partnership has submitted an application for such financing
for a project consisting of a commercial shopping center on
property located at 3801-3819 W. First Street and 124-130 N.
Harbor in the City of Santa Ana; and
WHEREAS, this ~ouncil has reviewed 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 ~ouncil 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 (l~uncil accepts and approves the said appli-
cation and the participation of the City in the financing of
said project, subject to the provisions of Chapter 28 of the
Santa Aha Municipal Code and the conclusion of all pro-
ceedings undertaken to consummate such financing to the
satisfaction of the City.
ADOPTED, this 4th day of September , 1984.
r~bourger, ~yor
ATTEST:
J~ce C. Guy, Clerk ~f th~uncil
COUNCILMEMBERS:
Luxembourger Aye
Griset Aye
Acosta Aye
Bric ken Aye
Johnson A e
McGuigan ~t
Young Aye
Approved as to form:
Edwa~r~d ~ Co~bper,
City At t ~l~Te y