1978-12 CRA - Laserfiche WebLink

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'. .¡ 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 823 24 25 25 27 28 28 30 31 32 33 34 35 36 37 38 38 40 41 42 43 8: 46 47 48 48 50 51 52 53 54 55 58 57 58 59 60 61 62 63 64 865 66 67 66 68 70 71 72 73 74 7t: Proof 01 February 21, 1976 SANTA ANA-7923 Bowne of San Francisco, Inc., 981-788>: GALLEY 3-- (LETTERHEAD TO COME) February 28, 1978 TO WHOM IT MAY CONCERN: The purpose of this Official Statement is to supply information to prospective bidders on and buyers of $13,500,000 City of Santa Ana Redevelopment Project Area, 1978 Tax Allocation Bonds (the "Bonds"). authorized and issued for the purpose of assisting in the financing of said Project, paying of expenses in connection with issuance, and providing reserve funds as additional security for said Bonds. The material contained in this Official Statement was prepared by Stone & Youngberg Municipal Financing Consultants, Inc., in the capacity of financing consultant to the Community Redevelopment Agency of the City of Santa Ana with regard to the City of Santa Ana Redevelopment Project Area, 1978 Tax Allocation Bonds. (Such firm will receive compensation from the Agency contingent upon the sale and delivery of the Bonds.) Summaries herein presented of the Resolution of Issuance, the Community Redevelopment Law, the Redevelopment Plan for said Project (as amended), financial and economic data do not purport to be complete, and reference is made to the documents on file in the office of the Executive Director of the Agency for further information. Statements which involve estimates or opinions, whether or not expressly so described herein, are intended solely as such and are not to be construed as factual reports" The Official Statement does not constitute a contract with buyers or holders, from time to time, of the Bonds. The Resolution of Issuance, which does constitute such a contract, accompanies the Official Statement as originally distributed and is available to any prospective bidder on request from said Executive Director or the Agency's financing consultant. The legal opinion, approving the validity of the Bonds, will be furnished by O'Melveny & Myers, Los Angeles, California, Bond Counsel (see "Legal Opinion"). Bond Counsel's participation in the revie\\ of this Official Statement has been limited to reviewing the statements of law and legal conclusions as set forth hereinafter under the caption "The Bonds." No dealer, broker, salesman or other person has been authorized by the Agency 10 give any information or to make any representations other than those contained herein and, if given or made, such other infor- mation or representation must not be relied upon as having been authorized by any of the foregoing. This Official Statement does not constitute an offer 10 sell or the solicitation of any offer to buy nor shall there be any sale of the Bonds by any person in any jurisdiction in which it is unlawful for such person to make such offer, solicitation or sale. The execution and dislribution of this Official Statement have been duly authorized by the Agency. Community Redevelopment Agency of the City of Santa Ana Isl DAVID L. BRANDT Chairman Isl RICHARD E. GOBLIRSCH Executive Director