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<br />'"" <br /> <br />RESOLUTION NO. 84-16-IDA <br /> <br />l <br />L <br /> <br />A RESOLUTION OF THE INDUSTRIAL DEVELOPMENT <br />AUTHORITY OF THE CITY OF SANTA ANA APPROVING <br />THE APPLICATION OF LAMINATION TECHNOLOGY, <br />INC. FOR INDUSTRIAL DEVELOPMENT BOND <br />FINANCING. <br /> <br />WHEREAS, Lamination Technology, Inc. ("Applicant") <br />desires to finance the rehabilitation and expansion of <br />certain facilities, operating as a manufacturing center, <br />located at 2720 South Main Street, in the City of Santa Ana <br />(the "Facility"); and <br /> <br />~ <br />..... <br /> <br />WHEREAS, the Applicant is willing to undertake the <br />improvement of the Facility if the Industrial Development <br />Authority of the City of Santa Ana (the "Authority") will <br />issue its revenue bonds in an amount not exceeding Three <br />Million Dollars ($3,000,000) to finance the rehabilitation <br />and expansion of the Facility pursuant to the California <br />Industrial Development Financing Act, California Government <br />Code Sections 91500 et seq. (the "Act"); and <br /> <br />WHEREAS, the Applicant has submitted, and this <br />Board of Directors has accepted, an application requesting <br />financing for the Facility (the "Application"); and <br /> <br />WHEREAS, the Authority may not issue bonds to <br />finance the Facility until this Board of Directors makes <br />certain determinations with respect to public benefits and <br />qualifications of the Facility as required by the Act; and <br /> <br />WHEREAS, this Board of Directors has carefully <br />considered and discussed the information contained in the <br />Application and other information necessary to make such <br />determinations; <br /> <br />, <br />.... <br /> <br />BE IT RESOLVED BY THE INDUSTRIAL DEVELOPMENT <br />AUTHORITY OF THE CITY OF SANTA ANA AS FOLLOWS: <br /> <br />1. This Board of Directors hereby finds and <br />determines: <br /> <br />~ <br />\",.. <br />