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1981-040 CRA
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1981-040 CRA
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Last modified
1/3/2012 12:22:40 PM
Creation date
5/5/2005 11:19:15 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1981-40
Date
5/26/1981
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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />101. <br />102. <br />103. <br />104. <br /> <br />201. <br />202. <br />203. <br />204. <br />205. <br />206. <br />207. <br />208. <br />209. <br />210. <br />211. <br />212. <br /> <br />301. <br />302. <br /> <br />RESOLUTION NO. 81-40 <br /> <br />A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE <br />CITY OF SANTA ANA AUTHORIZING THE ISSUANCE OF RESIDENTIAL <br />MORTGAGE REVENUE BONDS, ISSUE OF 1981, SERIES A <br />(PARTICIPATION PURCHASE AND LOAN TO LENDER PROGRAM) <br /> <br />TABLE OF CONTENTS <br /> <br />Page <br /> <br />ARTICLE I <br />STATEMENT OF AUTHORITY AND DEFINITIONS <br /> <br />Authority and Purp.ose. . . . . . . . . . . . . . . . . .. 2 <br />Resolution Constitutes Contract. . . . . . . . . . . 2 <br /> <br />Definitions................ .........2 <br />Security and Nature of B.onds . . . . . . . . . . . . . . . . 13 <br /> <br />ARTICLE II <br />AUTHORIZATION AND ISSUANCE OF BONDS <br /> <br />Auth.orization of Bonds. . . . . . . . . . . . . . . . . . . 15 <br />Purposes..............................15 <br />DateandMaturities.........................15 <br />InterestPa.l'l11ents..........................15 <br />Denominations, Numbers and Letters. . . . . . . . . . . . . . . . . 15 <br />PlaceofPayment..........................16 <br />Conditions Precedent to Delivery of Bonds. . . . . . . . . . . . . .16 <br />Sale of Bonds; Approval of Official Statement. . . . . . . . 17 <br />DeliveryofBonds..........................17 <br />Authority to Consummate Transaction. . . . . . . . . 17 <br />Provisions for Refunding Issue. . . . . . . . . . . . . . . . . . .17 <br />NoAdditionalBonds.........................18 <br /> <br />ARTICLE III <br />GENERAL TERMS AND PROVISIONS OF BONDS <br /> <br />Medium of Pa.l'l11ent; Form and Date. . . . . . . . . . . . . . 19 <br /> <br />Legends...............................19 <br /> <br />i. <br />
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