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12/16/1985
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SUCCESOR AGENCY(formerly Community Redevelopment Agency)
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12/16/1985
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City Clerk
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Minutes
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12/16/1985
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<br />. <br /> <br />. <br /> <br />. <br /> <br />MINUTES <br />JOINT SPECIAL MEETING <br />COMMUNITY REDEVELOPMENT AGENCY/CITY COUNCIL <br />DECEMBER 16, 1985 <br /> <br />The Joint Special Meeting of the Community Redevelopment Agency <br />and the City Council was called to order at 3:00 P.M. in the <br />Council Chambers, 22 Civic Center Plaza, Santa Ana, California <br />at 3:00 P.M. The roll was called: <br /> <br />PRESENT <br /> <br />ABSENT <br /> <br />John Acosta <br />Daniel E. Griset, <br />Wilson Hart, Vice <br />P. Lee Johnson <br />R. E. Luxembourger <br />Patricia McGuigan <br />Dan Young <br /> <br />Chairman <br />Chairman <br /> <br />Others in attendance: <br /> <br />Robert C. Bobb, City Manager <br />Rex Swanson, Deputy City Manager/Development Services <br />David N. Ream, Executive Director/Economic Development <br />Patricia Nunn, Economic/Business Development Specialist <br /> <br />JOINT PUBLIC HEARING TO APPROVE EXECUTION OF SUBLEASES AND SALE <br />OF CERTIFICATES OF PARTICIPATION FOR THE WESTDOME PROJECT <br /> <br />It was determined that it would not be necessary to adopt <br />Resolution No. 85-60: A RESOLUTION OF THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING AND <br />AUTHORIZING AND DIRECTING EXECUTION OF SUBLEASE OF LAND AND <br />PUBLIC SPORTS ARENA FACILITIES FROM THE CITY OF SANTA ANA AND <br />RELATED TRUST AGREEMENT, APPROVING SALE OF $40,000,000 <br />CERTIFICATES OF PARTICIPATION, APPROVING OFFICIAL STATEMENT AND <br />RELATED DOCUMENTS, AND AUTHORIZING OFFICIAL ACTION. <br /> <br />The City Council voted unanimously to adopt Resolution No. <br />85-159: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA <br />ANA AUTHORIZING THE ISSUANCE AND SALE OF $40,000,000 PRINCIPAL <br />AMOUNT OF VARIABLE/FIXED RATE DEMAND REVENUE BONDS, SERIES 1985 <br />(WESTDOME SPORTS ARENA), APPROVING INDENTURE OF TRUST PURSUANT <br />TO WHICH SAID BONDS ARE TO BE ISSUED, ASSIGNING PRIVATE <br />ACTIVITY BOND ALLOCATION THERETO, APPROVING OFFICIAL STATEMENT <br />AND AUTHORIZING OFFICIAL ACTION. <br /> <br />~ Griset <br />Chairman <br /> <br />
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