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RESOLUTION NO. 82-16 <br />PAGE TWO <br /> <br />SECTION 6. <br /> <br /> That said bonds shall not exceed the current legal maximum <br />interest rate of 12% per annum, and said bonds shall be subject to <br />all of the terms and provisions relating to bonds as set forth in <br />the "Improvement Act of 1911", and further as set forth in the <br />Resolution of Intention for these proceedings. <br /> <br />SECTION 7. <br /> <br />That this Agency will provide, at no expense to the bidder, the <br />unqualified legal opinion of F. MACKENZIE BROWN, Attorney at Law, <br />attesting to the validity of the proceedings and the <br />enforceability of the bonds. <br /> <br />APPROVED and ADOPTED this 1st <br /> <br />day of February, 1982 <br /> <br />GORDON MAYOR <br />CITY OF SANTA ANA <br />STATE OF CALIFORNIA <br /> <br />ATTEST: <br /> <br /> OF SANTA ANA <br /> TE OF CALIFORNIA <br /> <br /> <br />