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HomeMy WebLinkAbout1985-16 HA . . . . . . . 1257G JHHW: TEC 7/22/85 RESOLUTION NO. 85-16 RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF SANTA ANA APPROVING INDUCEMENT RESOLUTION ADOPTED 8Y THE 80ARD OF SUPERVISORS OF ORANGE COUNTY RESOLVED. by the Housing Authority of the City of Santa Ana (the "Authority"), as follows: SectIon 1. Resolution No. 84-1762 of the Board of Supervisors of Orange County. entitled "Resolution of the Board of SupervIsors of Orange County, Ca 11 forni a". adopted by the Board of Supervi sors of Orange County on December 11. 1984. I s hereby approved; the fi ndi ngs of Orange County conta i ned I n sa I d resolutIon are hereby confirmed and approved as the findIngs of the AuthorIty; and the Authority hereby agrees to be bound by said resolutIon and to issue bonds for the project referenced in said resolutIon under substantially the same terms and lImitations as those contained in saId resolution. except that the aggregate prIncipal amount of bonds Issued by the AuthorIty to provide fInancing for said project shall not exceed $2.500,000; all effectIve as of December 11, 1984. Section 2. adoptIon. This ResolutIon shall take effect from and after Its * * * * * * * * . * * * * * . The foregoing resolution was passed and adopted by the Board of CommIssIoners of the Housing Authority of the City of Santa Ana at a regular meetIng thereof held on the 3rd day of September 1985. by the fo 11 owi ng vote: AYES: Acosta, Hart, Griset, Luxembourger & Johnson. NOES: None. ~ ABSENT: McGuigan & Young. Chairman ATTEStfiJð-~ Secretary J. Cooper Counsel