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REL:adg 4/12/82 RESOLUTION NO. 82-52 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA APPROVING AND AUTHORIZING EXECUTION OF LOAN AND SECURITY AGREEMENT, ASSIGNMENT OF DEED OF TRUST, GUARANTY AGREEMENT, PURCHASE AGREEMENT AND RELATED DOCUMENTS PERTAINING TO 1982 INDUSTRIAL REVENUE NOTE (MITSUBISHI CONSUMER ELECTRONICS AMERICA, INC.) WHEREAS, this Council on the date hereof has adopted its Resolution entitled "A Resolution Authorizing the Issuance of $3,000,000 Principal Amount of City of Santa Ana 1982 Industrial Revenue Note (Mitsubishi Consumer Electronics America, Inc.)", which Resolution authorizes and provides the terms of the City's 1982 Industrial Revenue Note (The "Note"); WHEREAS, there has been presented to this Council certain agreements and related documents pertaining to the security for, use of proceeds of and purchase of the Note; WHEREAS, this Council has reviewed said agreements and related documents and each and every part thereof; and WHEREAS, issuance, sale and delivery of the Note will further the public purposes of this City as set forth in its Ordinance No. NS 1609 adopted on November 16, 1981, and approval of said agreements and related documents will be in the public interest and for the public benefit; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS FOLLOWS: 1. That the Deed of Trust and Assignment of Rents dated as of April 1, 1982, by and among Mitsubishi Consumer Electronics America, Inc., as trustor, Title Insurance and Trust Co., as Trustee and the City of Santa Ana, as Beneficiary, is hereby accepted. 2. That the following documents are hereby approved and the Mayor of this City is hereby authorized to execute the same and the City Clerk is hereby authorized to attest his signature, where required by said documents: a. Industrial Revenue Note Purchase Agreement dated as of the date hereof by the Mitsubishi Bank of California (the "Bank") to be accepted by the City of Santa Ana (the "City");