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<br />I <br />J <br /> <br /> <br />REL:adg <br />11/18/80 <br /> <br />. <br /> <br />RESOLUTION NO. 80-121 <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />COMMISSION OF THE CITY OF SANTA ANA <br />AUTHORIZING THE CHAIRMAN OF THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA <br />ANA TO EXECUTE A REVOLVING LOAN AGREEMENT <br />BETWEEN THE AGENCY AND THE HORTON <br />BUILDING PARTNERSHIP. <br /> <br />BE IT RESOLVED by the Community Redevelopment <br />Commission of the City of Santa Ana as follows: <br /> <br />. <br /> <br />1. The Chairman of the Community Redevelopment <br />Agency of the City of Santa Ana is hereby authorized to <br />execute on behalf of the Agency that certain agreement <br />entitled "Revolving Loan Agreement," form dated 11/18/80, <br />between the Agency and The Horton Building Partnership, <br />copies of which are on file in the office of the Executive <br />Director of the Agency and to which reference is hereby made <br />for full particulars. <br /> <br />2. The Executive Director is hereby authorized to <br />take all steps, and to sign all documents and instruments <br />necessary to implement and carry out the agreement on behalf <br />of the Agency. <br /> <br />ADOPTED this 25th day of <br />the following vote: <br /> <br />November <br /> <br />, 1980, by <br /> <br />AYES: MEMBERS: Coil, Hill, Jessee, Kane, Nalle <br />NOES: MEMBERS: None <br />ABSENT: MEMBERS: <br /> <br /> <br />ATTEST: <br /> <br />. <br /> <br />D~a{1a~ <br /> <br />EXECUTIVE DIRECTOR/ <br />RECORDING SECRETARY <br /> <br />APPROVED AS TO FORM: <br /> <br />fI:¿ fok- <br /> <br />AGENCY LEGAL COUNSEL <br /> <br />. <br /> <br />11 <br /> <br />3D <br /> <br />:1,.7 <br />