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IEiTEH Of CFEDR DEPAMMENT <br />101 BARCLAY ST, 8th FIAOfl. EAST <br />NEWYORK, N.Y. 102861238 <br />~:UR REF„ NC. <br />S:`CC1 he?b <br />BENcFICTAR`r <br />i`i~i`i uF SANTA ANA <br />2f> rIVTC CENTER PLAZA <br />:•AN".A AiVA, CA 9f??02 <br />AT-CN: CITY iHANAGER <br />t;Ei Pd1`LE±MEh!{LAl'):I ~:s <br />~- aao.5- a,93 <br />DR TE: <br />JULY ?t) 2[sOr,, <br />APF'LTCAN'.- <br />TIME WARNER EiV"iERI'A",FhJME!VT i~i7 i_; <br />ON HEHALF OF TIME WARNER"NY CABt_E, <br />LLC., "7f-sG0 CRESCENT E:YECU'7I VE C7i2Tl~F= <br />CHHRLOTTE, PdC 28c?17 <br />WL= HE. k'ELi`I ISSUE QUR 7RREVOC ABLE STANDPY LETTEI? i7F is laEd~7"T =i'J <br />'r'GIUR FA~~`Oft. <br />UUR REFS RENCf- NV. SUi; i:!I62Ea6 <br />~1CCCIJNT OP: <br />TTNIE:' WARNER EM1ITERTAT;VMENT CI:, L.: <br />i:ilV BEHHLF OF TIME WARNER NY CAF!.. E:. <br />L.i_C.> 7SDD S:RESCENT EXECiiTT4'f-= DRIVc: <br />CHARLOTTE, NC. 2Sc^.1 <br />A',iATL1i Ft_E WITH: i;URSEi..'J k".':: <br />DF?AF'TS AT SIG'rl-f <br />iJRAWN i:N l'HE BAIVK OF NEbi YORK. FIE::W <br />YORH, hIY AS INDICATED BELOW <br />1~~~ THE e[X-TENT OF; <br />E::iPIRY DATE: <br />PI_.ACi CiF EXPIRY: <br /> <br />JULV 31 2CCi7 <br />OUR COUN. 1".FRS <br />ADDETIONAi_. I)ETASLS: <br />iJL-: ARE INFORMED BY OUR CLI~.IVT THAT: "TFIIS LETI"E ri I7F. CRED"~i T;.; <br />.:GSUt=f~ AS REC3L!IRED E:}' THE 1=RANCHISE AGREEMENT EETWEEN TIME: <br />WARNER IVY CAEsLE I_LC„ AND THE CITY OF SANTA AIVA DATED .1'JLY a1., <br />_. iiC6' . <br />FUNDS UNDER THIS LETTER OF CREDIT ARE AVATt.C?PLE- TO BE,'VEFI::IARY <br />ACiAINST PRESS"NTATIOP.I OF THE FOLLOWING DOCUMENTS AT SIGHT OhJ !JF' <br />ftEFORE 'iHE F_XPIR'r DATE OF THIS INSTRUMI:::NT AND IN A:~GOR!:?AiVf:= WT:?!-t <br />TFiE' TERMS AND CONDITIO7JS OF THIS LETTER OF' CREDI?~: <br />1. BENE.FTCIARY'S :=IGHT i~RAFT(S? DRAWI4 ON US, <br />r) A LETTER PURPORTEDi_V SIiiNED BY AN OFFIC.TAL OF THE CI'f"`f OF- <br />tANTFd ANA Sl"ATI.NG:, <br />"A,. THE: LICEiVSEE HAS '~AIi_ED TO h'r°vY THE: :;IT`S AM1.7iiNTS iJUEi "Ti] TI-{[- <br />CIT}' UNDER T'HF_ TERMS OF THE t_ICENSF_. <br />L'„ 'CHE' CI'T'Y HAS NiJT.IFIED THE LICENSEE I?! WRITINi3 OF THE RE-A~ON <br /> <br />