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<br />. <br /> <br />. <br /> <br />. <br /> <br />Project Tax Allocation Bonds, 1984," authorized by this <br />Resolution. <br /> <br />(b) "Bond Year" means the twelve (12) month period of <br />each year commencing on the initial date of the Bonds. <br /> <br />(c) "Bondholder" or "Owner of Bonds," or any similar <br />term, means any person who shall be the registered owner or <br />his duly authorized attorney, trustee, or representative. <br />For the purpose of Bondholders' voting rights or consents, <br />Bonds owned by or held for the account of the Agency, or <br />the City, directly or indirectly, shall not be counted. <br /> <br />(d) <br /> <br />"City" means the City of Santa Ana, California. <br /> <br />(e) "Federal Securities" means direct obligations of <br />the United States of America or bonds or other obligations <br />for which the full faith and credit of the United States is <br />pledged for the payment of principal and interest. <br /> <br />(f) "Fiscal Agent" means the fiscal agent appointed <br />by the Agency pursuant to Section 20 hereof, its successors <br />and assigns, and any other corporation or association which <br />may at any time be substituted in its place, as provided in <br />this Resolution. <br /> <br />(g) "Independent Financial Consultant," "Independent <br />Engineer, ""Independent Certified Public Accountant" or <br />"Independent Redevelopment Consultant" means any individual <br />or firm engaged in the profession involved, appointed by <br />the Agency, and who, or each of whom, has a favorable <br />reputation in the field in which hisjher opinion or <br />certificate will be given, and: <br /> <br />(1) is in fact independent and not under <br />domination of the Agency; and <br /> <br />(2) does not have any substantial interest, <br />direct or indirect, with the Agency; and <br /> <br />(3) is not connected with the Agency as an <br />officer or employee of the Agency, but who may be <br />regularly retained to make reports to the Agency. <br /> <br />(h) "Law" means the Community Redevelopmen~ Law of <br />the State of California as cited in the recitals hereof. <br /> <br />(i) "Maximum Annual Debt Service" means the largest <br />of the sums obtained for any Bond Year after the <br />computation is made, by totaling the following for each <br />such Bond Year: <br /> <br />0715p/2281/04 <br /> <br />-2- <br />