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<br />k <br />, <br />~ <br />! <br />I.. <br /> <br />B. The Secretary of the Authority is hereby authorized and directed to <br />cause to be published one time in a newspaper of general circulation in the <br />City of Santa Ana, a notice in sUbstantially the form presented at this <br />meeting, naming the Corporation, stating the estimated maximum bond issue, <br />describing the Project in general terms, and stating that the Application for <br />financing has been approved by the Authority. <br /> <br />9. The Secretary of the Authority is hereby authorized and directed to <br />cause the City Council of the City of Santa Ana as the elected body of the <br />Authority to hold a public hearing as soon as possible to approve the issuance <br />of the Bonds by the Authority as required by federal law. <br /> <br />10. The Executive Di rector and Secretary are hereby authori zed and <br />directed to cause the City of Santa Ana pursuant to Section 8869.80 et seq of <br />the Government Code of the State of Ca 1 iforni a (the "State Bond Act") and the <br />rules and procedures of the California Debt Limit Allocation Committee <br />("CDLAC") to make an application on behalf of the Authority of the CD LAC to <br />obtain a portion of the Private Activity Bond Limit Allocation of the State of <br />California. <br /> <br />**************** <br /> <br />I, the undersigned Secretary of the Industrial Development Authority of <br />the City of Santa Ana, hereby certify that the foregoing is a full, true and <br />correct copy of Resolution No. 88-1 duly adopted by the Authority at a <br />meeting hereof on the 18th day of Ju1v , 19 88 , by the <br />following vote of the directors thereof: <br /> <br />AYES, and in favor thereof: Directors Acosta, Griset, Hart, May, McGuigan <br /> <br />NOES: Directors - None <br /> <br />ABSENT: DIRECTORS - Pulido, Young <br /> <br />~_.- <br /> <br />0ecretary <br />Janice C. Guy <br /> <br />/y. <br /> <br />/2; <br /> <br />L <br /> <br />