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SA-3 - RESO - REFUNDING BONDS
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10/02/2018
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SA-3 - RESO - REFUNDING BONDS
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Last modified
9/27/2018 2:45:16 PM
Creation date
9/27/2018 2:32:05 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
SA-3
Date
10/2/2018
Destruction Year
2023
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Series 2011 Bonds in the amount of approximately $5,831,789 (as of August 31, 2018) and/or <br />the amount upon closing of the financial transaction to the respective redemption fund, and to <br />apply such proceeds to defease an equal amount of outstanding Series 2011 Bonds, as specified <br />in its resolution adopted on July 17, 2018, in accordance with Health & Safety Code Section <br />34191.4(c). <br />4. Other Acts. The officers and staff of the Successor Agency are hereby authorized <br />and directed, jointly and severally, to do any and all things to execute and deliver any and all <br />documents, which in consultation with Orrick, Herrington & Sutcliffe LLP, the Successor <br />Agency's bond counsel, they may deem necessary or advisable in order to consummate the <br />issuance, sale and delivery of the Bonds, or otherwise effectuate the purposes of this Resolution, <br />and any and all such actions previously taken by such officers or staff members are hereby <br />ratified and confirmed. <br />5. Effective Date. This Resolution shall take effect upon adoption. <br />PASSED, APPROVED and ADOPTED this 2018. <br />CITY OF SANTA ANA ACTING AS <br />SUCCESSOR AGENCY TO THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF <br />SANTA ANA <br />ATTEST: <br />City Cleric <br />APPROVED AS TO FORM: <br />�r'I '� for <br />SoniLk. CavWho. <br />City Attorney <br />Miguel A. Pulido, Mayor <br />-3- <br />4134-0741-5831.2 <br />SA -3-7 <br />
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