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MINUTES OF THE SPECIAL MEETING <br />OF THE CITY COUNCIL OF THE CITY OF <br />SANTA ANA, CALIFORNIA <br /> <br />May 26, 1981 <br /> <br />The meeting was called to order at 5:36 p.m. by Mayor Bricken in the City <br />Council Chambers, 22 Civic Center Plaza. Councilmembers present were John <br />Acosta, R. W. Luxembourger, Patricia A. McGuigan, and M~yor Gordon Bricken. <br />Also present were City Manager A. J. Wilson, City Attorney Edward J. Cooper, <br />and Deputy Clerk of the Council Nancy Byron Dean. Councilmembers Daniel E. <br />Griset, J. Ogden Markel, and Alfred C. Serrato arrived at 5:39 p.m. <br /> <br />INVOCATION <br />PLEDGE OF ALLEGIANCE <br /> <br />Following the Pledge of Allegiance <br />to the Flag, the Invocation was given <br />by Mayor Gordon Bricken. <br /> <br />CRA & CITY COUNCIL Following discussion by the Community <br />JT. MTG. - RESIDENTIAL MORTGAGE Redevelopment Agency and City Council <br />REV. BONDS; TOWN SQUARE CONDOS. of the financial ramifications of <br />RES. NO. 81-84 - ADOPTED issuing residential mortgage revenue <br /> bonds for Town Square condominiums, <br />the Council took action on the matter. <br /> <br />MOTION was made by Griset, seconded by Luxembourger, to adopt the following <br />resolution; <br /> <br />RESOLUTION NO. 81-84 - A RESOLUTION APPROVING THE <br />ISSUANCE BY THE COMMUNITY REDEVELOPMENT AGENCY OF <br />THE CITY OF SANTA ANA OF RESIDENTIAL MORTGAGE REV- <br />ENUE BONDS, ISSUE OF 1981, SERIES A, (PARTICIPATION <br />PURCHASE AND LOAN TO LENDER PROGRAM) IN A PRINCIPAL <br />AMOUNT OF $15,730,000. <br /> <br />AYES: <br /> <br />NOES: <br />ABSENT: <br /> <br />Acosta, Bricken, Griset, Luxembourger, McGuigan <br /> Serrato <br />Markel <br />None <br /> <br />CA 65D <br />CA 82.1 <br /> <br />ADJOURNMENT <br /> <br />Following further action by the <br />Community Redevelopment Agency, the <br />Ma~vor declared the meeting adjourned <br />at 6:00 p.m. <br /> <br />CITY COUNCIL MINUTES 170 MAY 26, 1981 <br /> <br /> <br />