HomeMy WebLinkAbout85-149RESOLUTION NO. 85-149
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA ANA, CALIFORNIA, APPROVING THE ISSUANCE
BY THE CITY OF SANTA ANA COMMUNITY
REDEVELOPMENT AGENCY OF ITS SANTA ANA
INTER-CITY COMMUTER STATION REDEVELOPMENT
PROJECT, TAX ALLOCATION BONDS, 1985 SERIES A;
CITY OF SANTA ANA REDEVELOPMENT PROJECT AREA,
TAX ALLOCATION BONDS, 1985 SERIES B; SANTA
ANA SOUTH HARBOR BOULEVARD/FAIRVIEW STREET
REDEVELOPMENT PROJECT, TAX ALLOCATION BONDS,
1985 SERIES C; SANTA ANA SOUTH MAIN STREET
REDEVELOPMENT PROJECT, TAX ALLOCATION BONDS,
1985 SERIES D AND MAKING CERTAIN
DETERMINATIONS RELATING THERETO
WHEREAS, the City of Santa Ana Community Redevelopment
Agency (the "Agency") is a redevelopment agency duly created,
established and authorized to transact business and exercise
its powers, all under and pursuant to the Community
Redevelopment Law (Part 1 of Division 24 (commencing with
Section 33000) of the Health and Safety Code of the State of
California) and the powers of the Agency include the power to
issue bonds for any of its corporate purposes; and
WHEREAS, the Agency has adopted its Resolution entitled:
"RESOLUTION OF THE CITY OF SANTA ANA
COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING
THE EXECUTIVE DIRECTOR OF THE AGENCY TO
AWARD THE $8,000,000 SANTA ANA INTER-CITY
COMMUTER STATION REDEVELOPMENT PROJECT, TAX
ALLOCATION BONDS, 1985 SERIES A; $63,850,000
CITY OF SANTA ANA REDEVELOPMENT PROJECT
AREA, TAX ALLOCATION BONDS, 1985 SERIES B;
$13,650,000 SANTA ANA SOUTH HARBOR
BOULEVARD/FAIRVIEW STREET REDEVELOPMENT
PROJECT, TAX ALLOCATION BONDS, 1985
SERIES C; $13,000,000 SANTA ANA SOUTH MAIN
STREET REDEVELOPMENT PROJECT, TAX ALLOCATION
BONDS, 1985 SERIES D TO THE BEST BIDDER AND
TO REJECT ALL OTHER BIDS"
;and
WHEREAS, under and pursuant to the above Resolutions, the
Agency has authorized the issuance and sale of $8,000,000 Santa
Ana Inter-City Commuter Station Redevelopment Project, Tax
Allocation Bonds, 1985 Series A; $63,850,000 City of Santa Ana
Redevelopment Project Area, Tax Allocation Bonds, 1985
Series B; $13,650,000 Santa Ana South Harbor Boulevard/
Fairview Street Redevelopment Project, Tax Allocation Bonds,
1985 Series C; and $13,000,000 Santa Ana South Main Street
Redevelopment Project, Tax Allocation Bonds, 1985 Series D (the
"Bonds").
NOW THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED BY
THE CITY COUNCIL OF THE CITY OF SANTA ANA, CALIFORNIA, AS
FOLLOWS:
Section 1. A~roval of Issuance of Bonds. The issuance of
Bonds in the principal amounts set forth in the recitals hereof
in order to aid in the financing of the Redevelopment Projects,
and for other purposes related thereto, all of which constitute
a "redevelopment activity", as such term is defined in Health
and Safety Code Section 33678, is hereby authorized and
approved pursuant to Health and Safety Code Section 33640.
Section 2. Effective Date. This Resolution shall take
effect upon adoption.
PASSED, APPROVED AND ADOPTED
1985.
this 3rd day of 0ecembe~
~Y
Ana, California
of Santa
(SEAL)
ATTEST:
~t~ Clerk of
~anta Ana,
- EDw R O. ER
City Afforney
9534p/2281/01 -2-
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SANTA ANA
CITY CLERK'S CERTIFICATE
RE ADOPTION OF RESOLUTION
I, Janice C. Guy , City Clerk of the City of
Santa Ana, California, DO HEREBY CERTIFY that the foregoing
Resolution was duly adopted by the City Council of said City at
a n Adjourned Re§ular meeting of said City Council held on
the ~rd day of 'December , 1985 and that the same was
passed ~'~d adopted by the following vote, to wit:
AYES:
Councilmembers Griset, Hart, Johnson,
Luxe, mbgurBer, McGu, i§a,n, Youn~ ,
NOES: Councilmembers None
ABSENT: Councilmembers Acosta
ABSTAIN: Councilmembers None
~)~y'Cier~ o--f the' C/~y~
~anta Ana'
Califor6ia ( /
(SEAL)
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SANTA ANA
CITY CLERK'S CERTIFICATE
OF AUTHENTICATION
I, Janice C. ~u~. , City Clerk of the City of
Santa Ana, California, DO HEREBY CERTIFY that the above and
foregoin9 is a full, true and correct copy of Resolution
No. 85-149 of the City Council of said City and that said
Resolution was adopted at the time and by the vote stated on
the above certificate, and has not been amended or repealed.
erk of the
na, California~__/
(SEAL)
9534p/2281/01 -3-