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<br />enter into agreements for the same; and <br /> <br />WHEREAS, McFadden Properties, a California general <br /> <br /> <br />partnership, organized and existing under the laws of the <br /> <br /> <br />State of California and duly qualified to do business in the <br /> <br /> <br />State of California (the "Company"), has requested that the <br /> <br /> <br />Authority issue bonds for the purposes of bond issuance ex- <br /> <br /> <br />penses and for acquiring property and constructing thereon <br /> <br /> <br />a manufacturing facility to be located in the City of Santa <br /> <br /> <br />Ana (the "Project"); and <br /> <br />WHEREAS, the Authority has requested the California <br /> <br /> <br />Industrial Development Financing Advisory Commission to re- <br /> <br /> <br />view the information submitted and to be submitted by the <br /> <br /> <br />Authority with respect to the financing of the Project, and <br /> <br /> <br />said Commission has been requested to make the determinations <br /> <br /> <br />authorized by Section 91531 of the Act; and <br /> <br />WHEREAS, the Authority wishes to order, subject to <br /> <br /> <br />compliance with Section 91531 of the Act, the issuance and <br /> <br /> <br />sale of not to exceed $1,000,000 aggregate principal amount <br /> <br /> <br />of its Floating/Fixed Rate Demand Industrial Development <br /> <br /> <br />yRevenue Bonds, Series 1985 (McFadden Properties Project) for <br /> <br /> <br />the foregoing purposes and to authorize the execution of <br /> <br />2 <br /> <br />..., <br /> <br />J <br /> <br />,.", <br /> <br />J <br /> <br />..., <br />