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1985-61 CRA
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1985-61 CRA
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Last modified
1/3/2012 12:22:05 PM
Creation date
3/3/2005 8:27:27 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1985-61
Date
12/17/1985
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<br />. <br /> <br />. <br /> <br />8 <br /> <br />. <br /> <br />. <br /> <br />"Record Date" means the first day of the month in <br />which the Interest Payment Date occurs. <br /> <br />"Redemption Account" means the account by that name <br />created pursuant to Section 11(c) hereof. <br /> <br />"Redevelopment Agency" or "Agency" means the City of <br />Santa Ana Community Redevelopment Agency, a public b~dy <br />corporate and politic, organized and existing under the laws of <br />the State of California. <br /> <br />"Redevelopment Fund" means the City of Santa Ana <br />Community Redevelopment Agency, City of Santa Ana Redevelopment <br />Project Area Tax Allocation Refunding Bonds, 1985 Series E <br />Redevelopment Fund created pursuant to Section 12 hereof. <br /> <br />"Redevelopment Plan" means the Redevelopment Plan for <br />the City of Santa Ana Redevelopment Project Area, approved and <br />adopted by the City, and includes any amendment thereof <br />hereafter made pursuant to the Law. <br /> <br />!'Redevelopment Project Area" means the project area <br />described and defined in the Redevelopment Plan. <br /> <br />"Regular Record Date" means the fifteenth day <br />preceding any Interest Payment Date. <br /> <br />"Reimbursement Agreement" means the Initial Letter of <br />Credit and Reimbursement Agreement among the Agency, the Fiscal <br />Agent and the Bank dated as of December 1, 1985. <br /> <br />"Remarketing Agent" means collectively the remarketing <br />agents appointed by the Agency pursuant to Section 5B, <br />initially Shearson Lehman Brothers Inc. "Principal Office" of <br />the Remarketing Agent means the office designated in writing by <br />the Remarketing Agent to the Fiscal Agent, the Agency, and the <br />Bank. <br /> <br />"Remarketing Agreement" means that certain Remarketing <br />Agreement, dated as of December 1, 1985 by and among the Agency <br />and Shearson Lehman Brothers Inc. <br /> <br />"Reserve Requirement" means the Average Annual Debt <br />Service on the Bonds. <br /> <br />"Reset Date" means December 15, 1989 and each date <br />thereafter determined by the Remarketing Agent on which the <br />interest rate on the Bonds will be reset. <br /> <br />"Reset Period" means the period from and including <br />each Reset Date to but not including the next succeeding Reset <br />Date. <br /> <br />12-28-85 <br />0O63k/2281/05 <br /> <br />-7- <br />
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