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1992-001
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INDUSTRIAL DEVELOPMENT AUTHORITY
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1992-001
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Last modified
1/3/2012 12:19:51 PM
Creation date
1/13/2006 10:00:09 AM
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City Clerk
Doc Type
Resolution
Doc #
1992-001
Date
3/2/1992
Destruction Year
PERM
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<br />f <br />\.. <br /> <br />, <br />f <br />L <br /> <br />REL:mb 2/4/92 <br /> <br />RESOLUTION NO. 92- DOl-IDA <br /> <br />A RESOLUTION OF THE INDUSTRIAL DEVELOPMENT <br />AUTHORITY OF THE CITY OF SANTA ANA APPROVING <br />SUPPLEMENTAL INDENTURE NO. 1 TO INDENTURE OF <br />TRUST AND AUTHORIZING AND DIRECTING CERTAIN <br />ACTIONS. <br /> <br />BE IT RESOLVED BY THE INDUSTRIAL DEVELOPMENT AUTHORITY OF <br />THE CITY OF SANTA ANA AS FOLLOWS: <br /> <br />1. That certain Supplemental Indenture No. 1 to Indenture of <br />Trust, dated as of January 1, 1992 (the "Supplemental Indenture"), <br />between the Industrial Development Authority of the city of Santa <br />Ana and First Interstate Bank of California, as trustee (the <br />"Trustee"), be and is hereby approved; and <br /> <br />2. The Chairman of the. Authority is authorized to execute <br />said Supplemental Indenture No. 1 and the Secretary of the <br />Authority is directed to attest said signature, to cause the <br />written consent of Security Pacific National Bank, as issuer of a <br />letter of credit securing the Authority's $6,500,000 1985 <br />Industrial Development Revenue Bonds (Microsemi corporation <br />Project) to be obtained to the Supplemental Indenture and to file <br />a copy of the Supplemental Indenture and said written consent with <br />the Trustee. <br /> <br />ADOPTED this 2nd <br /> <br />March <br /> <br />, 1992. <br /> <br />day of <br /> <br />ATTEST: <br /> <br />~~ <br /> <br />Chairman <br /> <br /> <br />'-(', <br /> <br />GUY <br /> <br />MEMBERS: <br /> <br />Young <br />Pulido <br />Acosta <br />Griset <br />McGuigan <br />Norton <br />Richardson <br /> <br />~ <br />~ <br />~ <br />~ <br />~ <br />~ <br />~ <br /> <br />APPROVED AS TO FORM: <br /> <br />~~~er <br /> <br />City Attorney <br />
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