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<br />. <br /> <br />. <br /> <br />. <br />. <br /> <br />. <br />8 <br /> <br />",-.,.,. ,M.'"p. , , <br /> <br />ARTICLE II <br />AUTHORIZATION, TERMS AND ISSUANCE OF BONDS, ISSUE OF 1980, SERIES A <br /> <br />20t. Purpose of Issue. Pursuant to the Resolution, Bonds are <br />authorized to be issued by this Supplemental Resolution in the principal <br />amount of $11,500,000, and it is hereby determined that the issuance at th is <br />time of such principal amount of Bonds is necessary for the- purpose of <br />purchasing Mortgage Loans to provide Financing for the Residential Mortgage <br />Financing Program for the City of Santa Ana Community Redevelopment Project <br />Area, including the Costs of Issuance and other costs and expenses incidental <br />thereto or connected therewith, all as authorized by the Act and the <br />Resolution. <br /> <br />202. Authorization, Specifications, Trustee. Bonds are authorized to <br />be issued by this Supplemental Resolution with the following specifications. <br />In other material details reference is made to the Resolution. <br /> <br />Designation. The Bonds are designated "Community Redevelopment <br />Agency of the City of Santa Ana, Residential Mortgage Revenue Bonds, Issue of <br />1980, Series A." <br /> <br />Denomination. The Bonds may be issued in the form of coupon bearer <br />Bonds in the denomination of $5,000 each, or in the form of Fully Registered <br />Bonds, in the denomination of $5,000 each or any whole 1IIJ1tiple thereof. <br /> <br />Date. The Bonds which are bearer Bonds shall be dated July l, 1900 <br />(the "Issue-¡jãte"); and those which are Fully Registered Bonds shall be dated <br />as set forth in the Resolution. <br /> <br />Numbering. The Bonds which are bearer Bonds shall be numbered from <br />Al to A2300; and those which are issued as Fully Registered Bonds shall be <br />numbered by the Trustee from R-l consecutively upward in their order of <br />issuance as the Trustee may determine. <br /> <br />Form. The Bonds which are bearer Bonds, and the interest coupons <br />pertaining tfië'reto shall be substantially in the form attached hereto and made <br />a part hereof, marked "Exhibit A (Form of Coupon Bond)", and those which are <br />Fully Registered Bonds shall be substantially in the form attached hereto and <br />made a part hereof, marked "Exhibit B (Form of Fully Registered Bond)". <br /> <br />Cusip Identification Numbers. "CUSIP" identification nullbers <br />shall be imprinted on the 80nds, but such numbers shall not constitute a part <br />of the contract evidenced by the Bonds and any error or omission with respect <br />thereto shall not constitute cause for refusal of any purchaser to accept <br />delivery of and pay for the Bonds. In addition, failure on the part of the <br />Agency to use such CUSIP numbers in any notice to Holders of the Bonds shall <br />not constitute an event of default or any violation of the Agency's contract <br />with such Holders. <br /> <br />3 <br />