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10C - MIN FEB5
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10C - MIN FEB5
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Last modified
2/20/2019 10:43:29 AM
Creation date
2/15/2019 4:40:09 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
10C
Date
2/19/2019
Destruction Year
2024
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FOUNDATION LOCATED AT 1575 AND 1615 E. 17TH STREET {STRATEGIC <br />PLAN NO. 2, 4) - Community Development Agency <br />Legal Notice published in the Orange County Reporter on January 14, 2019. <br />Mayor Pulido opened the Hearing. There were no speakers and the Hearing <br />closed. <br />APPLICANT REQUESTS: <br />1. Conduct a Tax Equity and Financial Responsibility Act (TEFRA) <br />hearing in consideration of issuance of tax-exempt obligations by the <br />California Enterprise Development Authority for the purpose of <br />financing and refinancing Foundation facilities located in Santa Ana, <br />California for the benefit of Orangewood Foundation. <br />2. Adopt a resolution. <br />RESOLUTION NO. 2019-013 - A RESOLUTION OF THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA APPROVING THE ISSUANCE OF TAX- <br />EXEMPT OBLIGATIONS BY THE CALIFORNIA ENTERPRISE <br />DEVELOPMENT AUTHORITY IN AN AGGREGATE PRINCIPAL AMOUNT <br />NOT TO EXCEED $1,500,000 TO FINANCE FACILITIES FOR THE <br />BENEFIT OF THE ORANGEWOOD FOUNDATION <br />MOTION: Solorio <br />VOTE: AYES: <br />NOES: <br />ABSTAIN: <br />ABSENT: <br />SECOND: Villegas <br />Iglesias, Penaloza, Pulido, Sarmiento, Solorio, <br />Villegas (6) <br />None (0) <br />None (0) <br />Reyna (1) <br />75D. PUBLIC HEARING - TAX EQUITY AND FISCAL RESPONSIBILITY (TEFRA) - <br />ISSUANCE OF OBLIGATIONS BY THE CALIFORNIA ENTERPRISE <br />DEVELOPMENT AUTHORITY FOR THE BENEFIT OF ORANGEWOOD REAL <br />PROPERTY, LLC AND SAMUELI ACADEMY LOCATED AT 1901 AND 1919 <br />N. FAIRVIEW STREET {STRATEGIC PLAN NO. 2, 4) - Community <br />Development Agency <br />Legal Notice published in the Orange County Reporter on January 14, 2019. <br />Mayor Pulido opened the Hearing. There were no speakers and the Hearing <br />closed. <br />CITY COUNCIL MINUTES 23 FEBRUARY 5, 2019 <br />1 OC -23 <br />
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