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<br />segregated in a special trust fund which will be used to <br />finance a portion of the costs of implementing the <br />Redevelopment Plan¡ <br /> <br />. <br /> <br />NOW, THEREFORE, THE CITY OF SANTA ANA COMMUNITY <br />REDEVELOPMENT AGENCY DOES HEREBY RESOLVE, DETERMINE AND ORDER <br />AS FOLLOWS: <br /> <br />Section 1. Definitions. As used in this Resolution, <br />the following terms shall have the following meanings, unless <br />the context otherwise requires: <br /> <br />"Alternate Credit Facility" means a letter of credit <br />or other credit facility obtained by the Agency on or prior to <br />the Initial Reset Date. <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 />. <br /> <br />"Bond" or "Bonds" means the "City of Santa Ana <br />Community Redevelopment Agency, City of Santa Ana Redevelopment <br />Project Area Tax Allocation Bonds, 1985 Series B", authorized <br />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 />. <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 />12-02-85 <br />9553p/2281/01 <br /> <br />-2- <br />