Item 9 Preliminary Official Statment Dated February 25, 1994

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One AM radio station and two FM stations are located in the City. Residents of the City receive radio and television broadcasting serving the metropolitan Los Angeles area. The City owns and operates a cable television station KCTY. Recreation The mild climate of Orange County makes possible a wide range of recreational opportunities for residents and visitors. Along the County's Pacific Coast shoreline are five state beaches and parks, five municipal beaches and five county beaches. There are two small craft facilities in Newport Harbor. A third small craft facility is located in Sunset Harbor in Huntington Beach, and a fourth is at Dana Point. Nearby recreational facilities include the world famous Disneyland, Knott's Berry Farm and Mission San Juan Capistrano. Within the City, there are three golf courses, numerous parks, the Santa Ma Zoo and the Bowers Museum. Anaheim Stadium, home of the California Angels baseball team and the Rams foot ball team Anaheim Arena, home of the Mighty Ducks hockey team, are six miles north of the City. , and the Camping facilities are available in the Cleveland National Forest and at the County's O'Neill and Featherly Parks, all close to the City. CITY FINANCES Annual Reports The Executive Director of the Department of Finance and Management Services prepares a comprehensive annual financial report setting forth the financial condition of the City as of June 30 of each fiscal year. The latest completed report is for the year ended June 30, 1993. See APPENDIX B -- GENERAL PURPOSE FINANCIAL STATEMENTS (COMBINED STATEMENTS -- OVERVIEW) OF CITY OF SANTA ANA. The comprehensive annual financial report is the official financial report of the City and is prepared following generally accepted accounting principles. The General Purpose Financial Statements (Combined Statements - Overview) of the City for the fiscal year ended June 30, 1993 (the "Audited Financial Statement"), have been examined by Deloitte & Touche, Santa Ma, California, independent certified public accountants, whose report thereon appears in Appendix B. The auditor's letter concludes that the audited financial statements present fairly, in all material respects, the financial position of the City and the results of its operations and cash flows of its proprietary fund types for the year then ended, in conformity with generally accepted accounting principles. A complete copy of the Comprehensive Annual Financial Report of the City for the year ended June 30, 1993, which includes the Audited Financial Statements as well as certain other supplemental and statistical information, is available upon written request from the City, Department of Finance and Management Services, 20 Civic Center Plaza, Santa Ma, California, 92702 Attention: Executive Director. Certificate of Achievement The Government Finance Officer's Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City for its comprehensive annual financial report for the fiscal year ended June 30, 1993. This is the seventeenth consecutive year that the City has received this recognition. In order to be awarded a Certificate of Achievement, a governmental unit must publish an easily readable and efficiently organized comprehensive annual financial report with contents conforming to program 21