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<br />1-- <br /> <br />CERTIFICATES OF PARTICIPATION AND RELATED DOCUMENTS, SANTA <br />ANA TRANSPORTATION CENTER/SANTIAGO STREET AND SANTA ANA <br />BOULEVARD <br /> <br />. <br /> <br />A motion was made by Vice Chairman Griset, seconded by Mr. <br />Acosta and carried unanimously to adopt Resolution 83-12: <br />RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY <br />OF SANTA ANA APPROVING SALE OF $8,500,000 PRINCIPAL AMOUNT <br />OF CERTIFICATES OF PARTICIPATION FOR TRANSPORTATION CENTER <br />PROJECT, AND APPROVING AND AUTHORIZING EXECUTION OF RELATED <br />DOCUMENTS AND OFFICIAL ACTION. <br /> <br />APPROVAL OF RESOLUTIONS FOR ISSUANCE AND BID AWARD OF TAX <br />ALLOCATION REFUNDING BONDS <br /> <br />Mr. Wilson stated that the bids for the subject bond were <br />opened this morning and that it was the recommendation of <br />staff that the bond bid be awarded to Blyth Eastman/Paine <br />Webber, Inc., at 9.22672%. <br /> <br />. <br /> <br />A motion was made by Mr. Acosta, seconded by Mr. Young and <br />carried unanimously to adopt Resolution 83-13: RESOLUTION <br />OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA <br />ANA AMENDING RESOLUTION NO. 83-8, AS AMENDED BY RESOLUTION <br />NO. 83-10 AND AUTHORIZING THE ISSUANCE OF TAX ALLOCATION <br />REFUNDING BONDS OF SAID AGENCY IN A PRINCIPAL AMOUNT OF <br />SIXTEEN MILLION FIVE HUNDRED THOUSAND DOLLARS ($16,500,000) <br />TO REFUND THE $13,500,000 1978 TAX ALLOCATION BONDS OF THE <br />AGENCY AND TO FINANCE A PORTION OF THE COST OF A <br />REDEVELOPMENT PROJECT KNOWN AS THE CITY OF SANTA ANA <br />REDEVELOPMENT PROJECT AREA. <br /> <br />A motion was made by Mr. Acosta, seconded by Vice Chairman <br />Griset and carried unanimously to adopt Resolution 83-14: <br />RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY <br />OF SANTA ANA AWARDING $16,500,000 CITY OF SANTA ANA <br />REDEVELOPMENT PROJECT AREA, TAX ALLOCATION REFUNDING BONDS, <br />1983, TO THE BEST BIDDER AND REJECTING ALL OTHER BIDS. <br /> <br />ISSUANCE OF TAX ALLOCATION <br />REDEVELOPMENT PROJECT AREA <br /> <br />REFUNDING <br /> <br />BONDS <br /> <br />WITHIN <br /> <br />. <br /> <br />A motion was made by Councilmember Acosta, seconded by <br />Councilmember Young and carried unanimously to adopt <br />Resolution 83-58: RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SANTA ANA, CALIFORNIA, APPROVING THE ISSUANCE BY THE <br />COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA OF <br />ITS REDEVELOPMENT PROJECT AREA, TAX ALLOCATION REFUNDING <br />BONDS, 1983, AND MAKING CERTAIN DETERMINATIONS RELATING <br />THERETO. <br /> <br />ADJOURNMENT <br /> <br />There being no further business <br />Redevelopment Agency, the meeting <br />P.M., to May 17,1983 at 5:30 P.M. <br /> <br />before the Community <br />was adjourned at 3:25 <br /> <br />Re. sw~ <br /> <br /> <br />Executive Director <br /> <br />L~7 <br /> <br />Chairman <br />