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'/-' . . . . "1 . necessary to amend Resolution No. 83-8 to provide for the issuance at this time of tax allocation refunding bonds in a principal amount of Sixteen Million Five Hundred Thousand Dollars ($16,500,000), and to use the proceeds of such bonds to refund the 1978 Tax Allocation Bonds, to finance a portion of the costs of the City of Santa Ana Redevelopment Project Area, to fund the Debt Service Reserve Account created in the Resolution, to pay costs in connection with the issuance of the Bonds and to make certain other deposits as required by this Resolution; NOW, THEREFORE, THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Resolution No. 83-8, as amended by Resolution Nol 83-10 is hereby amended to read in its entirety as follows: Section 1. Definitions. As used in this Resolution, the following terms shall have the following meanings, unless the context otherwise requires: (a) "Bond" or "Bonds" means the "Community Redevelopment Agency of the City of Santa Ana, City of Santa Ana Redevelopment Project, 1983 Tax Allocation Refunding Bonds," authorized by this Resolution. (b) "Bond Year" means the twelve (12) month period commencing on the initial date of the Bonds of each year. (c) "Bondholder" or "Holder of Bonds," or any similar term, means any person who shall be (i) the holder of any outstanding Bond payable to bearer (sometimes referred to herein as "Bearer Bonds"), or (ii) the registered owner or his duly authorized attorne~, trustee, representative or assign of any outstanding Bond which shall at the time be registered so as to be payable other than to bearer. For the purpose of Bondholders' voting rights or consents, Bonds owned by or held £or the account of the Agency, or the City, directly or indirectly, shall not be counted. (d) "City" means the City of Santa Ana, California. (e) "Federal Securities'~ means direct obligations of the United States of America or bonds or other obligations for which the full faith and credit of the United States is pledged for the payment of principal and interest, (f) "Fiscal Agent" means the fiscal agent appointed by the Agency pursuant to Section 20 hereof, its successors and assigns, and any other corporation or association which may at any time be substituted in its place, as provided in this Resolution. 05-01-83 4439P/2306/00 -2- ¡:¡-13 2A