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RESOLUTION NO. 84-142 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF SANTA ANA, CALIFORNIA, AUTHORIZING THE <br />ISSUANCE OF CERTAIN COMMERCIAL DEVELOPMENT <br />BONDS (CITY GATE OFFICE PROJECT); APPROVING <br />THE FORM OF AND AUTHORIZING THE EXECUTION <br />AND DELIVERY OF AN ASSIGNMENT AND TRUST <br />AGREEMENT AND CERTAIN OTHER AGREEMENTS <br />RELATING TO THE ISSUANCE OF SAID BONDS. <br /> <br /> WHEREAS, the City of Santa Ana, California (the <br />"City"), is a municipal corporation, duly organized and <br />existing under the constitution and the laws of the State of <br />California and the Charter of the City; and <br /> <br /> WHEREAS, the City is authorized to provide permanent <br />and construction financing for commercial structures pursuant <br />to Ordinance No. NS-1609 of the City; <br /> <br /> WHEREAS, Santa Ana Investors I, a California general <br />partnership with Halferty Development Company as general <br />partner (the "Developer") desires to construct an office <br />building located on two acres of real property on the southwest <br />corner of Owens Drive and Broadway in the City (the "Project"); <br />and <br /> <br /> WHEREAS, the City Council of the City adopted its <br />Resolution No. 84-83 on July 16, 1984 authorizing the issuance <br />of bonds for the purpose of financing the Project; and <br /> <br /> WHEREAS, the City Council of the City has adopted <br />Resolution No. 84-106 on September 17, 1984 approving the <br />application of the Developer for permanent financing for the <br />Project pursuant to Ordinance No. NS-1609 of the City; and <br /> <br /> <br />