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<br />" ." , <br />, '.' <br /> , <br /> , <br /> . <br />. 1 <br /> 2 <br /> 3 <br /> 4 <br /> 5 <br /> 6 <br /> <br />. <br /> <br />. <br /> <br /> 23 <br /> 24 <br /> 25 <br />. 26 <br /> 27 <br /> 28 <br />. <br /> <br />. <br /> <br />. <br /> <br />L ,-1 : <br /> <br />'.";;,,,~l'y ;\~!i':;;i \JlSTrr}'I.";',r- <br />, ¡...,llve <br /> <br />r,., <br />'-',- <br />-> <br />~ <br /> <br />°r:--- A <br />-, ~ <br /> <br />"""""- <br />1':"0) <br /> <br />,-- <br />'S""' . <br />~ <br /> <br />RESOLUTION OF THE BOARD OF SUPERVISORS OF <br />ORANGE'COUNTY, CALIFORNIA <br /> <br />~ <br />ÂJ <br />" <br />.,' <br />~\ <br />. ' <br />"-../ <br /> <br />January 16, 1985 <br /> <br />On motion of Supervisor Stanton <br /> <br />, duly seconded and carried, the <br /> <br />1 following Resolution was adopted: <br /> <br />8 <br /> <br />WHEREAS, the County of Orange (the "County") is authorized by the <br /> <br />9 provisions of Health and Safety Code Section 52000 et seq., to issue mortgage <br /> <br />10 revenue bonds for the purpose of financing multifamily residential rental <br /> <br />11 projects; and <br /> <br />12 <br /> <br />WHEREAS, BACS Development, Inc. (the "Developer",J' ha~s requested the <br /> <br />13 County to issue and sell its revenue bonds pursuant to said provisions in <br /> <br />14 order to provide financing for the acquisition and construction of certain <br /> <br />15 <br /> <br />land and facilities which will comprise a 36 unit multifamily rental housing <br /> <br />16 project to be located at 1202 & 1206 N., Parton in Santa Ana,California <br /> <br />17 <br />18 <br /> <br />(the "Project"); and <br />WHEREAS, the Project will be of benefit to the County and its residents; <br /> <br />19 <br /> <br />and <br /> <br />20 ;. <br /> <br />WHEREAS, as an inducement to the Developer to carry out the Project, thl <br /> <br />21 <br />22 <br /> <br />County desires to authorize the issuance of bonds or notes in the approximate <br />principal amount of $1,650,000. <br /> <br />NOW, THEREFORE, BE IT RESOLVED as follows: <br /> <br />1. The County hereby authorizes the issuance and sale of bonds or notes <br /> <br />pursuant to the aforesaid provision of the Health and Safety Code in a princi- <br /> <br />pal amount not to exceed $1,650,000 in order'to provide financial assistance. <br /> <br />Resolution No. 85-109 <br />Mul tifam. - B1\CS Dev. <br />36 Unit - Santa Ana <br />BPI): db <br /> <br />1. <br />