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Finance and Management Services <br />www.santa-ana.org/finance <br />Item # 38 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />June 4, 2024 <br />TOPIC: Water Revenue Bonds <br />AGENDA TITLE <br />Resolution of the City of Santa Ana Authorizing the Issuance and Sale of Water <br />Revenue Bonds, Series 2024 <br />RECOMMENDED ACTION <br />1. Adopt a resolution authorizing the Issuance of the Santa Ana Financing <br />Authority's Water of Santa Ana Water Revenue Bonds, Series 2024 ("the <br />Bonds") <br />RESOLUTION NO. 2024-XXX entitled RESOLUTION OF THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA AUTHORIZING THE EXECUTION AND <br />DELIVERY BY THE CITY OF A MASTER INSTALLMENT PURCHASE <br />AGREEMENT, A FIRST SUPPLEMENT TO MASTER INSTALLMENT <br />PURCHASE AGREEMENT, AN ESCROW AGREEMENT, A CONTINUING <br />DISCLOSURE CERTIFICATE AND A PURCHASE CONTRACT IN <br />CONNECTION WITH THE ISSUANCE OF SANTA ANA PUBLIC FINANCING <br />AUTHORITY WATER REVENUE BONDS, SERIES 2024, APPROVING THE <br />ISSUANCE OF SUCH BONDS IN AN AGGREGATE PRINCIPAL AMOUNT OF <br />NOT TO EXCEED $47,000,000, AUTHORIZING THE DISTRIBUTION OF AN <br />OFFICIAL STATEMENT IN CONNECTION WITH THE OFFERING AND SALE <br />OF SUCH BONDS, AND AUTHORIZING THE EXECUTION OF NECESSARY <br />DOCUMENTS AND CERTIFICATES AND RELATED ACTIONS. <br />2. Authorize the execution of and approving a form of the Master Installment <br />Purchase Agreement, First Supplement to the Master Installment Purchase <br />Agreement, Escrow Agreement, Bond Purchase Agreement, Indenture of Trust, <br />and Preliminary Official Statement. <br />GOVERNMENT CODE §84308 APPLIES: No <br />