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RESOLUTION NO. 89-104 RESOLUTION OF THE CITY COUNCIL OF THE ,CITY OF SANTA ANA APPROVING THE ISSUANCE OF TAX .~LT.OCATION REFUNDING BONDS BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA TO REFUND 1985 TAX ALLOCATION BONDS, SERIES A THROUGH D WNP..REAS, the Community Redevelopment Agency of the City of Santa Ana (the 'Agency') has previously issued its Santa Aha Inter-City Comm,zter Station Redevelopment Project Area, Tax Allocation Bonds, 1985 Series A in the aggregate principal amount of $8,000,000 (the "Series A Bonds'), its City of Santa Aha Redevelopment Project Area, Tax Allocation Bonds, 1985 Series B in the aggregate principal -mount of $63,850,000 (the 'Series B Bonds'), its Santa Aha South Harbor Boulevard/Fairview Street Redevelopment Project Area, Tax Allocation Bonds, 1985 Series C in the aggregate principal amount of $13,650,000 (the 'Series C Bonds'), and its Santa Aha South Main Street Redevelopment Project Area, Tax Allocation Bonds, 1985 Series D, in the aggregate principal amount of $13,000,000 (the 'Series D Bonds'); and WNE~, the Series A Bonds, the Series B Bonds, the Series C Bonds and the Series D Bonds (collectively, the '1985 Bonds~) are subject to mandatory tender on December 15, 1990, and the Agency wishes at this time to issue four separate series of its tax allocation refunding bonds (collectively, the ~Bonds') in an aggregate principal ~mount s~,~cient to refund all of the outstanding 1985 Bonds, pursuant to the Connn~mlty Redevelopment Law and pursuant to the provisions of Artlcle 11 of Chapter 3 of Part 2 of Division 2 of Title 5 of the Government Code of the State of California, for the purpose of providing funds to retire all of the outstanding 1985 Bonds on December 15, 1990; and WI:rE~, in accordance with the requirements of Section 33640 of the Csli¢ornia Health and Safety Code, the City Council wishes at this time to approve the issuance of the Bonds by the Agency;