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HomeMy WebLinkAbout1986-35 CRA .~ . . . . . RESOLUTION NO. 86-35 RESOLUTION OF THE CITY OF SANTA ANA COMMUNITY REDEVELOPMENT AGENCY AMENDING RESOLUTION NO. 85-55 WHEREAS, the Agency has previously authorized and sold its $13,650,000 Santa Ana South Harbor Boulevard/Fairview Street Redevelopment Project Tax Allocation Bonds, 1985 Serïes"C; WHEREAS, it is necessary to amend the resolution authorizing the issuance of such Bonds for the purpose of further clarifying the terms of the Resolution; NOW, THEREFORE, THE CITY OF SANTA ANA COMMUNITY REDEVELOPMENT AGENCY DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. Section 16 is hereby amended by adding the following paragraph to the end of the Section: "All earnings derived from the Investment of the moneys in the Escrow Fund shall be transferred upon receipt to the Special Fund for application in accordance with the provisions of Section 15." Section 2. adoption. Effective Date. This Resolution shall take effect upon ADOPTED AND APPROVED THE 17th day of June ,1986. ~ Chairman of the City of Santa Ana Community Redevelopment Agency (SEAL) ~~ Secretary of the City of Santa Ana Community Redevelopment Agency APPROVED AS TO FORM: . . . . . .', STATE OF CALIFORNIA COUNTY OF ORANGE CITY OF SANTA ANA ) )ss. ) SECRETARY'S CERTIFICATE RE ADOPTION OF RESOLUTION I, Rex Swanson, Secretary of the City of Santa Ana Conununity Redevelopment Agency, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Agency at a regular meeting of the Agency held on the 17th day of June, 1986, and that the same was passed and adopted by the following vote: AYES: Acosta, Johnson, Luxembourger Members McGuigan and Young NOES: Members None ABSENT : Members Griset and Hart ABSTAIN: Members s~~ Conununity Redevelopment Agency (SEAL) STATE OF CALIFORNIA COUNTY OF ORANGE CITY OF SANTA ANA ) )ss. ) SECRETARY'S CERTIFICATE OF AUTHENTICATION I, , Secretary of the City of Santa Ana Conununity Redevelopment Agency, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. --- of the Agency and that the Resolution was adopted at the time and by the vote stated on the above certificate, and has not been amended or repealed. Secre of the City of Santa Ana Conununity Redevelopment Agency (SEAL) 2008k/228l/0l