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HomeMy WebLinkAbout1975-02 HA . I~ RESOLUTION NO. 75-2 RESOLUTION OF THE SANTA ANA HOUSING AUTHORITY AUTHORIZING GENERAL DEPOSITORY AGREEMENT FOR PROJECT NO. CAL 93-1 AND CAL 93-4 I WHEREAS, the HOUSING AUTHORITY OF THE CITY OF SANTA ANA, CALIFORNIA, (herein called the "Local Authority") proposes to provide for a General Depository Agreement with BANK OF TOKYO OF CALIFORNIA, SANTA ANA (a member of the Federal Deposit Insurance Corporation, herein called the "Bank"); all with respect to any "Project" as defined in the Annual Contributions Contract, and which at any time, now or hereafter, is incorporated under the terms of such Contract. BE IT RESOLVED BY THE LOCAL AUTHORITY, AS FOLLOWS: . . Section 1. A General Depository Agreement, designated "HUD-5199A", is hereby approved and accepted both as to form and substance and the Chairman of the Housing Authority of the City of Santa Ana is hereby authorized and directed to execute said Agreement in triplicate on behalf of the Local Authority, and the Secretary is hereby authorized and directed to impress and attest the official seal of the Local Authority on each such counterpart and to forward three executed counterparts thereof to the Government together with such other documents evidencing the approval and authorizing the execution thereof as may be required by the Government. Section 2. This Resolution shall take effect immediately. PASSED AND ADOPTED this 17th by the following roll call vote: day of March , 1975, AYES: COMMISSIONER: Markel, Garthe, Ward, Griset, Y amamo t 0 NOES: COMMISSIONER: Evans ABSENT: COMMISSIONER: Bricken . 8 ATTEST: I .~~~ Manuel A. Rede Executive Director/Secretary I HEREBY CERTIFY that the foregoing Resolution was duly and regularly passed and adopted at the Regular Meeting of the Housing Authority of the City of Santa Ana held this 17th of March , 1975. day . . It.~P:O. ~)D A~TO . ¿d{/' - \ / ~ "," '"..., ~ ~~;hJ'- . // . ,JAMES A. WITHERS, City Attorney / ./ / /// l./' '~ Secretary