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<br />1. I <br /> <br />" <br /> <br />. <br /> <br />EJC:adg <br />3/12/80 <br /> <br />RESOLUTION NO. 80-39 <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT <br />AGENCY OF THE CITY OF SANTA ANA DECLARING <br />ITS INTENTION TO AUTHORIZE THE ISSUANCE OF <br />BONDS FOR THE PURPOSE OF PROVIDING PERMANENT <br />FINANCING FOR COMMERCIAL STRUCTURES TO BE <br />CONSTRUCTED BY CERTAIN NAMED DEVELOPERS <br /> <br />WHEREAS, the Community Redevelopment Agency of the <br />City of Santa Ana is authorized by Chapter 8 (commencing <br />with S 33750) of Part I, Division 24 of the California <br />Health and Safety Code (The "Act") to issue and sell its <br />bonds for the purpose of providing permanent financing for <br />the construction of new commercial structures located within <br />the redevelopment project area; and <br /> <br />WHEREAS, the below named developers have requested <br />the Community Redevelopment Agency of the City of Santa Ana <br />to issue and sell its bonds for the purpose of providing <br />permanent financing for certain commercial facilities to be <br />constructed and developed by said developers within the <br />redevelopment project area, and said Agency desires to <br />induce said developers to construct and develop said <br />commercial facilities in said area; and <br /> <br />. <br /> <br />WHEREAS, the Community Redevelopment Agency of the <br />City of Santa Ana desires to declare its intention to <br />authorize the issuance and sale of its bonds pursuant to the <br />Act for the purpose of providing permanent financing for <br />said commercial facilities, when so requested by said <br />developers, upon such terms and conditions as may then be <br />agreed upon by the Agency, the developers and the purchasers <br />of said bonds. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Community <br />Redevelopment Agency of the City of Santa Ana as follows: <br /> <br />1. That the Community Redevelopment Agency of <br />the City of Santa Ana does hereby declare its intention to <br />authorize the issuance and sale of a separate and distinct <br />bond issue for each of the below named developers in an <br />amount not to exceed ten million dollars ($10,000,000.00) <br />each for the purposes of providing permanent financing to <br />each of the below named developers for the acquisition, <br />construction and development of commercial structures within <br />the redevelopment project area: <br /> <br />. <br /> <br />Developers <br /> <br />a. <br />b. <br />c. <br />d. <br />e. <br />f. <br />g. <br />h. <br />1- <br />j. <br />k. <br />1. <br />m. <br /> <br />. <br /> <br />n. <br /> <br />Ralph Allen <br />Ross and Fifth Development Company <br />Santa Ana City Employees Credit Union <br />Allen Elrod <br />Allen Fainbarg <br />Jones Development Corporation <br />Steven J. Keiser <br />Philip Megdal <br />Mohler-Vista <br />Rudolfo Montejano <br />Stephen L. Philipson <br />American National properties <br />Dumex Corporation dba <br />Heritage Development Company <br />Warren K. Van Ingan, Pete Van Ruiten <br />and Mary Van Ruiten <br /> <br />'Ii/ <br /> <br />6G <br /> <br />J <br />