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. . . ," RESOLUTION NO. 85-16 PAGE TWO WHEREAS, pursuant to the Agreement, the Agency will execute a promissory note (hereinafter, lithe Note") for a portion of the purchase price of the Property and will pledge its avail- able bond sale proceeds and its available tax revenues as security for payment of the Note¡ and WHEREAS, the Agreement further requires that the afore- said available bond sale proceeds and available tax revenues be forwarded by the fiscal agent directly to a collection agent for disbursement to Santa Fe in payment of the Note. NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY RE- DEVELOPMENT AGENCY OF THE CITY OF SANTA ANA AS FOLLOWS: 1. Definitions (a) All definitions set forth in Section 1 of Resolu- tion No. 84-20 of this Agency are incorporated herein as though fully set forth. (b) "Available Bond Sale Proceeds II means all proceeds from the sale of bonds which become available for transfer to the Redevelopment Fund pursuant to Section 13 of Resolution No. 84-20 after the Commencement Date and prior to the Termination Date. (c) "Available Tax Revenues. means all Pledged Tax Revenues which become available for use and application by the Agency for any lawful purpose pursuant to Section 15 of Resolu- tion No. 84-20 after the Commencement Date and prior to the Termination Date. Available Tax Revenues do not include Com- mitted Tax Revenues. (d) .Committed Tax Revenues" means and includes the following: (1) Twenty percent (20%) of Agency's tax revenues allocated to deposit in the low and moderate income housing fund of the Agency¡ (2) Twenty percent (20%) of Agency's tax revenues allocated to deposit in the Main Street Improvement set-Aside Fund of the Agency's¡ and (3) Six percent (6%) of Agency's tax revenues which are required to be passed through to certain taxing entities.