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NS-1609
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Last modified
1/3/2012 1:04:20 PM
Creation date
6/26/2003 10:08:06 AM
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City Clerk
Doc Type
Ordinance
Doc #
NS-1609
Date
11/16/1981
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ORDINANCE NO. NS-1609 <br />PAGE THREE <br /> <br /> City Charter. <br />the City, entitled "The <br />as amended from time to <br /> <br /> "City Charter" means the charter of <br />Charter of the City of Santa Ana," <br />time. <br /> <br /> Costs. "Costs" means, with reference to a <br />Project, any or all of the following costs incurred for <br />acquisition thereof: <br /> <br />the <br /> <br /> (a) obligations of the <br />incurred for labor and materials <br />acquisition of the Project; <br /> <br />Participating Party <br />in connection with the <br /> <br /> (b) the cost of acquisition of any property, <br />whether real or personal and improved or unimproved, <br />including franchise rights and other intangible property, <br />and any interests therein, required for the acquisition of <br />the Project; <br /> <br /> (c) the cost of demolishing, removing or <br />relocating any building or structure, and the cost of making <br />relocation assistance payment required by law; <br /> <br /> (d) the cost of contract Bonds and of insurance <br />of all kinds that may be required or necesaary during the <br />course of the acquisition of the Project; <br /> <br /> (e) all costs of engineering, legal and <br />consultant services, including the costs of the <br />Participating Party for surveys, estimates, plans and <br />specifications and preliminary investigation therefor, and <br />for supervising construction, as well as for the performance <br />of all other duties required by or consequent upon the <br />proper acquisition of the Project; <br /> <br /> (f) all costs incurred in connection with <br />proceedings by the Participating Party necessary to cc~ply <br />with the California Environmental Quality Act of 1970, as <br />amended; <br /> <br /> (g) all amounts required to fund any reserve <br />funds for Bonds and any interest on Bonds becoming due and <br />payable during a period not exceeding the period of <br />acquisition of the Project and 12 months thereafter; <br /> <br />(h) all Administrative Expenses; <br /> <br /> (i) <br />be required to <br />contracts, for <br /> <br />all costs which the Participating Party <br />pay, under the terms of any contract or <br />the acquisition of the Project; <br /> <br />shall <br /> <br /> (j) the refinancing of any existing indebtedness <br />secured by an interest in any real property comprising any <br />portion of the Project, so long as and to the extent that <br />such refinancing does not cause interest on the Bonds to <br />become taxable under Section 103 of the Internal Revenue <br />Code of 1954, as amended; and <br /> <br /> (k) any sums required to reimburse the <br />Participating Party for advances made for any of the above <br />items or for any other costs incurred and for work done <br />which are properly chargeable to the Project. <br /> <br /> <br />
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