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1983-008
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1983-008
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Last modified
1/3/2012 12:19:44 PM
Creation date
1/12/2006 2:01:18 PM
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City Clerk
Doc Type
Resolution
Doc #
IDA 1983-008
Date
12/19/1983
Destruction Year
PERM
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<br />, <br />, <br />! <br />~ <br />l <br /> <br />f <br /> <br />L <br /> <br />(iv) Investments in repurchase agreements of any securities <br />authorized by paragraph (i) through (iii) above. <br /> <br />(v) Non-negotiable or negotiable certificates of deposit issued by a <br />nationally chartered bank (including the Servicing Agent) or a bank chartered by <br />the State of California or a foreign banking corporation authorized pursuant to <br />Section 1756 of the California Financial Code to transact business in the State of <br />California by accepting deposits or a State of California or federal savings and <br />loan association provided that such certificates of deposit are fully <br />collateralized in the manner required for collateralization of local government <br />funds, if such bank or banking association has a combined capital and surplus of at <br />least $6,000,000. <br /> <br />"Project" means the Improvements, the Site, and all facilities and <br />improvements located on the site as of the date of recordation of the Deed of Trust. <br /> <br />"Regular Record Date" means the close of business on the fifteenth day of <br />the month precedi ng each Payment Date, whether or not such fifteenth day is a <br />Business Day. <br /> <br />"Reserve Fund" means the fund created in Section 5.05 of the Resolution. <br /> <br />"Reserve Requirement" means an amount equal to $50,000. <br /> <br />"Resolution" means the Resolution of the Authority entitled "A Resolution <br />Supplementing Resolution 83-7-IDA of the Industrial Development Authority of the <br />City of Santa Ana Authorizing the Issuance of Industrial Development Bonds <br />(Fairview Investors Project)" adopted by the Authority on December 19, 1983. <br /> <br />"Servicing Agent" means Marine National Bank, Irvine, California, and its <br />successors and any corporation resulting from or surviving any consolidation or <br />merger to which it or its successors may be a party and any successor servicing <br />agent at the time serving as successor servicing agent under the Resolution. <br /> <br />"Site" means the real property described in Exhibit B to the Agreement. <br /> <br />"Term of the Agreement" means the term of the Agreement as specifi ed in <br />Section 10.01 of the Agreement. <br /> <br />EXHIBIT A <br />5 <br />
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