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" . . . '. RESOLUTION NO. 94-06 A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF SANTA ANA APPROVING ASSUMPTION OF REMARKETING AGENT DUTIES AND AUTHORIZING AND DIRECTING THE EXECUTION AND DELIVERY OF DOCUMENTS AND ACTIONS TO BE TAKEN IN CONNECTION THEREWITH IN CONJUNCTION WITH THE VINTAGE APARTMENTS PROJECT WHEREAS, the Housing Authority of the city of Santa Ana (the "Issuer:) has issued its Variable Rate Demand Multifamily Housing Revenue Bonds (Vintage Apartments Project), 1986 Series A in the aggregate initial principal amount of $8,400,000 (the "Bonds ") pursuant to an Indenture of Trust (the "Indenture"), dated as of December 1, 1986, by and between the Issuer and seattle-First National Bank, as trustee (the "trustee")¡ and WHEREAS, vintage Apartments, a California general partnership, the owner of the project financed with the proceeds of the Bonds (the "Developer"), has requested that the Issuer approve the assumption of Remarketing Agent duties by citicorp Securities, Inc. pursuant to section 1303 of the Indenture and section 5 of that certain Remarketing Agreement, dated as of December 1, 1986, by and among Prudential-Bache Securities Inc., the Issuer and the Developer (the "Remarketing Agreement"). NOW THEREFORE, BE IT RESOLVED BY THE HOUSING AUTHORITY OF THE CITY OF SANTA ANA AS FOLLOWS: 1. The assumption by citicorp Securities, Inc. of the duties of the Remarketing Agent set forth in the provision of the Remarketing Agreement is hereby approved. The Executive Director of the Issuer is hereby authorized and directed, for and in the name and on behalf of the Issuer, to execute and deliver any and all documents, certificates or consents, and to take any and all actions and do any and all things as are necessary to effect the assumption of the duties of the Remarketing Agent by citicorp Securities, Inc.