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1983-13 CRA
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1983-13 CRA
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Last modified
1/3/2012 12:22:21 PM
Creation date
3/8/2005 10:57:03 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1983-13
Date
5/16/1983
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<br />, , ¡, <br />,- , <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />'~ , <br /> <br />RESOLUTION NO. 83-13 <br /> <br />RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA AMENDING <br />RESOLUTION NO.83-8, AS AMENDED BY <br />RESOLUTUION NO. 83-10 AND AUTHORIZING THE <br />ISSUANCE OF TAX ALLOCATION REFUNDING BONDS <br />OF SAID AGENCY IN A PRINCIPAL AMOUNT OF <br />SIXTEEN MILLION FIVE HUNDRED THOUSAND <br />DOLLARS ($16,500,000) TO REFUND THE <br />$13,500,000 1978 TAX ALLOCATION BONDS OF THE <br />AGENCY AND TO FINANCE A PORTION OF THE COST <br />OF A REDEVELOPMENT PROJECT KNOWN AS THE CITY <br />OF SANTA ANA REDEVELOPMENT PROJECT AREA <br /> <br />WHEREAS, the Community Redevelopment Agency of the <br />City of Santa Ana (the "Agency"), is a redevelopment agency (a <br />public body, corporate and politic) duly created, established <br />and authorized to transact business and exercise its powers, <br />all under and pursuant to the Community Redevelopment Law <br />(Part 1 of Division 24 commencing with Section 33000 of the <br />Health and Safety Code of the State of California), and the <br />powers of the Agency include the power to issue bonds for any <br />of its corporate purposes; and <br /> <br />WHEREAS, the Redevelopment Plan for a redevelopment <br />project known and designated as the "City of Santa Ana <br />Redevelopment Project Area" has been adopted and approved by <br />Ordinance No. 1173 of the City of Santa Ana, which became <br />effective on August 1, 1973, and which was amended by Ordinance <br />No. 1258 of the City of Santa Ana which became effective on <br />July 2, 1975, and all requirements of law for and precedent to <br />the adoption and approval of the Redevelopment Plan have been <br />duly complied with; and <br /> <br />WHEREAS, the Agency has previously issued $13,500,000 <br />aggregate principal amount of its City of Santa Ana <br />Redevelopment Project Area, 1978 Tax Allocation Bonds pursuant <br />to Resolution No. 78-10 adopted by the Agency on February 28, <br />1978 (the "1978 Resolution"); and <br /> <br />WHEREAS, the Agency has previously adopted its Resolution <br />No. 83-8, as amended by Resoution No. 83--- to authorize the <br />issuance of tax allocation refunding bonds in the principal <br />amount not to exceed Seventeen Million Five Hundred Thousand <br />Dollars; and <br /> <br />WHEREAS, for the purpose of carrying out the refunding <br />program of the Agency pursuant to Resolution No. 83-8 and for <br />the corporate purposes of the Agency, the Agency deems it <br /> <br />¡:¡ -I ').- <br /> <br />2A <br />
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