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APPROVING THE ISSUANCE OF BONDS {STRATEGIC PLAN NO. 5, 3) <br />- Community Development Agency <br />Legal Notice published in the Orange County Register on August 20, 2018. <br />Mayor Pulido opened the Hearing. There were no speakers and the <br />Hearing closed. <br />APPLICANT REQUESTS AND ACTIONS TAKEN. <br />Conduct a Tax Equity and Financial Responsibility Act (TEFRA) <br />Hearing in consideration of the issuance of tax exempt bond <br />financing by the California Municipal Finance Authority (the <br />"Authority") on behalf of Town and Country Manor of the Christian <br />and Missionary Alliance (the "Borrower"), for the benefit of Town <br />and Country Manor (the "Project") for the acquisition, <br />construction, improvement and equipping of certain retirement, <br />nursing, assisted living and parking facilities of the continuing care <br />retirement community owned and operated by the Borrower, <br />located at 555 East Memory Lane, Santa Ana, California 92706. <br />2. Adopt a resolution. <br />RESOLUTION NO. 2018-065 - A RESOLUTION OF THE CITY <br />COUNCIL OF THE CITY OF SANTA ANA APPROVING THE <br />ISSUANCE OF REVENUE BONDS BY THE CALIFORNIA MUNICIPAL <br />FINANCE AUTHORITY FOR THE PURPOSE OF FINANCING AND <br />REFINANCING THE ACQUISITION, CONSTRUCTION, <br />IMPROVEMENT AND EQUIPPING OF CERTAIN FACILITIES OF A <br />CONTINUING CARE RETIREMENT COMMUNITY OWNED AND <br />OPERATED BY TOWN AND COUNTRY MANOR OF THE CHRISTIAN <br />AND MISSIONARY ALLIANCE LOCATED AT 555 EAST MEMORY <br />LANE, SANTA ANA, AND CERTAIN OTHER MATTERS PERTAINING <br />THERETO <br />MOTION: Tinajero <br />VOTE: AYES: <br />NOES: <br />ABSTAIN: <br />ABSENT: <br />SECOND: Villegas <br />Benavides, Pulido, Solorio, Tinajero, Villegas <br />(5) <br />None (0) <br />None (0) <br />Martinez, Sarmiento (2) <br />CITY COUNCIL MINUTES 33 SEPTEMBER 4, 2018 <br />1 OA -33 <br />