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<br />. <br /> <br />. <br /> <br />. <br /> <br />3. <br /> <br />HOME MORTGAGE PROGRAM <br /> <br />A. HOME MORTGAGE FINANCE AND CREDIT CERTIFICATE PROGRAM <br /> <br />AlZencv Action: <br /> <br />1) <br /> <br />Adopt a Resolution. <br /> <br />RESOLUTION NO. 90-4 - A Resolution of the Community Redevelopment <br />Agency of the City of Santa Ana adopting a Home Mortgage Finance and <br />Mortgage Credit Certificate Program in cooperation with the County <br />of Orange, authorizing an application to the California Debt Limit <br />Allocation Committee for an allocation for the issuance of Mortgage <br />Credit Certificates and the transfer of such allocation to the <br />County of Orange. <br /> <br />2) <br /> <br />Direct the Agency Attorney to prepare and authorize the Chairman <br />and Executive Director to execute a cooperative agreement <br />between the County of Orange and the Community Redevelopment <br />Agency of the City of Santa Ana to implement a Home Mortgage <br />Finance and Mortgage Credit Certificate Program. <br /> <br />Citv Council Action: Adopt a resolution approving the operation of a <br />Home Mortgage Finance & Mortgage Credit Certificate Program by the <br />Community Redevelopment Agency of the City of Santa Ana outside the <br />project areas of the Agency. <br /> <br />Communi tv RedeveloDment Commission Recommendation: <br />Redevelopment Agency: <br /> <br />Recommend that the <br /> <br />1) <br /> <br />Adopt a resolution adopting a Home Mortgage Finance & Mortgage <br />Credit Certificate Program in cooperation with the County of <br />Orange, authorizing an application to the California Debt Limit <br />Allocation Committee for an allocation for the issuance of <br />Mortgage Credit Certificates and the transfer of such allocation <br />to the County of Orange; <br /> <br />2) <br /> <br />Direct the Agency Attorney to prepare and authorize the Chairman <br />and Executive Director to execute a cooperative agreement between <br />the County of Orange and the City of Santa Ana to implement a Home <br />Mortgage Finance and Mortgage Credit Certificate Program by a vote <br />of 7:0. <br /> <br />MOTION: <br /> <br />SECOND: <br /> <br />VOTE: <br /> <br />-3- <br />