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519 <br /> <br />l~ESOIJ31~C~ NO. 92-079 <br /> <br />A RESOLUI~C~ OF THE cz'-~ COUNCIL OF THE <br /> ClTY OF SANTA ANA ADOPTING A HC~E <br />M~IC4%GE FINANCE ~ IN <br /> Wl',~ ~ME COUNTY OF (~RANGE <br /> <br /> ~m~as, there is a mhortage in th~ Ommty of Orange (tbs "County") and <br />in the city of Santa Aha (the "City") of decent, safe and sanitary housing, <br />particularly of housing affordable by persons in the lower end of the <br />purchasing spectrum, and a consequent ~ to encourage the construction, <br />purchase and rehabilitation of hcmes affordable by such persons and otherwise <br />to incr~.~e the housing supply in the City and in the County for ~_ch persons; <br /> <br /> WHEREAS, the Board of Supervisors of the County has resolved to engage <br />in a hc~e mortqage finance proqz-am (the "Program") pursuant to Part 5 of <br />Division 31 of the Health and Safety Code of the State of California (the <br />"Act") for persons and families wit/lin the income limits eseahlisb~ by the <br /> <br />for the Prowz~m; and <br /> <br /> WHEREAS, this city Council finds and deter~ that it is in tb~ best <br />interest of tbs City to adopt the Pzuw~=m and to consent to the i=lolementation <br />of the Prow~am by the County within the geow~l~hic boundaries of t_he city <br /> <br /> NOW, THEREFORE, ME IT RESOLVED by the city Council of tb~ City of Santa <br />Aha as follows: <br /> <br /> SECI~/ON 1. The City hereby adopts tb~ Prowzmm for the purpose of <br />increasing the housing supply in the County and in the City and consents to <br />the ir~plementation of tb~ Prow~=m by the County with respect to all p£ui~cy <br />located within the geographic boundaries of the City pursuant to the Act. <br /> <br />SF~u£'iC~ 2. The a~t, dated as of August 17, 1992 , between the <br /> <br /> <br />