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. RESOLUTION NO. 93-~ RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA AUTHORIZING AND DIRECTING THE ISSUANCE AND SALE OF REFUNDING BONDS OF THE REDEVELOPMENT AGENCY FOR THE CITY OF SANTA ANA REDEVELOPMENT PROJECT; APPROVING FORMS OF AND AUTHORIZING EXECUTION AND DELIVERY OF AN INDENTURE, A BOND PURCHASE AGREEMENT, A REFUNDING ESCROW AGREEMENT AND OTHER RELATED DOCUMENTS; APPROVING THE FORM OF AND DISTRIBUTION OF AN OFFICIAL STATEMENT FOR THE SALE OF SAID BONDS; DELEGATING TO OFFICERS OF THE AGENCY THE AUTHORIZATION TO ENTER INTO AGREEMENTS AND TO TAKE NECESSARY ACTIONS AND PREPARE NECESSARY DOCUMENTS WHEREAS, the community Redevelopment Agency of the city of Santa Ana (the "Agency"), has heretofore issued its community Redevelopment Agency of the city of Santa Ana, California, city of Santa Ana Redevelopment Project 1989 series B Tax Allocation Refunding Bonds, (herein referred to as the "series 1989B . Bonds"), to refinance the Agency's city of Santa Ana Redevelopment project; and WHEREAS, the Agency has determined, and does hereby declare, that it is necessary and desirable to issue its community Redevelopment Agency of the city of Santa Ana, california, City of santa Ana Redevelopment Project subordinate Tax Allocation Refunding Bonds, series 1994B (the "Series 1994 Bonds") for the purposes of (1) refunding a portion of the outstanding series 1989B Bonds, as more particularly described in the Indenture, hereinafter defined, (the "Refunded Bonds"), (2) financing certain costs incurred, including reserves that may be required, in connection with the issuance, sale and delivery of the Series 1994 Bonds, and in connection with the refunding . 4O99C).9-WWB-12l09/93 LAI-6044U