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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 />I <br /> <br />. <br /> <br />. <br /> <br />Payments for the Bonds. At the time and for the purpose of <br />making such computation, the interest on the principal <br />amount of Bonds and Parity Bonds already retired in advance <br />of the date of establishment of the above-mentioned <br />schedules or for which redemption has been provided <br />pursuant to Section 11 hereof shall be deducted pro rata <br />from the remaining principal amounts of Bonds. <br /> <br />"Bank" means Swiss Bank Corporation, San Francisco <br />Branch, a branch licensed to do business under the laws of the <br />State of California of a corporation organized under the laws <br />of Switzerland. <br /> <br />"Bank Bonds" means Bonds held by the Bank pursuant to <br />the Reimbursement Agreement. <br /> <br />"Bond" or "Bonds" or "Term Bonds" means the "City of <br />Santa Ana Community Redevelopment Agency, City of Santa Ana <br />Redevelopment Project Area Tax Allocation Refunding Bonds 1985, <br />Series E", authorized by this Resolution. <br /> <br />"Bond Counsel" means an attorney at law or a firm of <br />attorneys of nationally recognized standing in matters <br />pertaining to the tax-exempt nature of interest on bonds issued <br />by states and their political subdivisions, who is or are <br />acceptable to the Issuer and the Trustee and duly admitted to <br />the practice of law before the highest court of any state of <br />the United States of America or the District of Columbia. <br /> <br />"Bond Year" means the twelve (12) month period of each <br />year commencing on December 15 of each year the Bonds are <br />outstanding. <br /> <br />"Bondholder" or "Owner of Bonds," or any similar term, <br />means any person who shall be the registered owner of a Bond or <br />his duly authorized attorney, fiscal agent, 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 the <br />City, directly or indirectly, shall not be counted. <br /> <br />"Business Day" means a day on which banks in the City <br />of New York are not required or authorized to remain closed and <br />the New York Stock Exchange is not closed. <br /> <br />"Certificate of the Agency" means a certificate <br />executed by the Chairman or Executive Director of the Agency. <br /> <br />"City" means the City of Santa Ana, California. <br /> <br />12-28-85 <br />0063k/2281/05 <br /> <br />-3- <br />
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