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<br />. <br /> <br />" <br /> <br />. <br /> <br />8. The City Manager and the appropriate officers or <br />staff of the Authority are hereby authorized, for and in the <br />name of and on behalf of the Authority, to make an application <br />to the California Debt Limit Allocation Committee for an <br />allocation of private activity bonds for a multifamily rental <br />housinq bond project and to execute and deliver an appropriate <br />aqreement with the Developer with respect to any deposit <br />required in connection therewith. <br /> <br />9. The adoption of this Resolution shall not obligate <br />(i) the Authority to provide financinq to the Developer for <br />the acquisition and rehabilitation of the Project or to issue <br />the Bonds for purposes of such financing: or (ii) the <br />Authority, the city of Santa Ana (the "city"), the Planning <br />Commission of the City or any other department of the city to <br />approve any application or request for, or take any other <br />action in connection with, any permit or other action <br />necessary for the acquisition, rehabilitation or operation of <br />the Project. <br /> <br /> ADOPTED this 8 <br /> the following vote: <br />.. AYES: 5 <br />NOES: 0 <br /> ABSENT: 2 <br /> <br />day of September <br /> <br />, 1992, by <br /> <br />MEMBERS: Acosta, Griset, Pulido <br />Richardson, Young <br />MEMBERS: <br /> <br /> <br />ATTEST: <br /> <br /> <br />APPROVED AS TO FORM: <br /> <br /> <br />-3- <br /> <br />. <br /> <br />SK:mh/Revenue.haa <br />