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<br />. <br /> <br />or (7) an investment agreement with a financial institution the <br />long term debt of which is rated AAA or better by Standard & <br />Poor's Incorporated or Aaa by Moody's Investor's Service or <br />whose short term debt is rated SPl+ by Standard & Poor's Inc. <br />or V-MIG 1 by Moody's Investors Service. <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 ll(c) hereof. <br /> <br />"Redevelopment Agency" or "Agency" means the City of <br />Santa Ana Community Redevelopment Agency, a public body <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, Santa Ana Inter-City Commuter <br />Station Redevelopment Project Tax Allocation Bonds, 1985 Series <br />A Redevelopment Fund created pursuant to Section 12 hereof. <br /> <br />. <br /> <br />"Redevelopment Plan" means the Redevelopment Plan for <br />the Santa Ana Inter-City Commuter Station Redevelopment <br />Project, approved and adopted by the City, and includes any <br />amendment thereof 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 <br />Trustee 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 Smith Barney, Harris Upham & Co. Incorporated and <br />Cranston Securities Company. "Principal Office" of the <br />Remarketing Agent means the office designated in writing by the <br />Remarketing Agent to the Fiscal Agent, the Agency, and the Bank. <br /> <br />. <br /> <br />"Remarketing Agreement" means that certain Remarketing <br />Agreement, dated as of December 1, 1985 by and among the <br />Agency, Smith Barney, Harris Upham & Co. Incorporated and <br />Cranston Securities Company. <br /> <br />"Reserve Requirement" means the Maximum Annual Debt <br />Service on the Bonds, less the Maximum Annual Debt Service on <br />that portion of Bond proceeds deposited in the Escrow Fund. <br /> <br />12-02-85 <br />9559p/228l/01 <br /> <br />-6- <br />