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JOINT SESSION BETWEEN THE INDUSTRIAL DEVELOPMENT <br />AUTHORITY AND THE CITY COUNCIL OF SANTA ANA <br />WORK STUDY SESSION <br />(See City Council Agenda Item WSA -Work Study Session, Items 75.B. and 75.C.) <br />PUBLIC HEARINGS <br />W.S.A. Empowerment Zone Industrial Development Bonds -Community <br />Development Agency <br />PUBLIC HEARINGS <br />75.B. BOND ALLOCATION FOR CRAMER-DECKER INDUSTRIES <br />Recommended action approved by the Santa Ana Empowerment <br />Corporation Board at its Regular Meeting of September 22, 2004 by a <br />vote of 11:0 (Absent: Anton, Bracho, Brewster, Burrier-Lund, Forgarty, <br />Haro, Medrano, and Mijares) <br />Legal notice published in the Orange County Register on November 29, <br />2004 <br />Recommended Action: <br />INDUSTRIAL DEVELOPMENT AUTHORITY ACTION <br />Adopt a resolution. <br />RESOLUTION NO. IDA 2004-001 - A resolution of the Industrial <br />Development Authority of the City of Santa Ana authorizing entering <br />into loan agreement pursuant to which the authority will borrow and lend <br />to borrower not to exceed $3,800,000 for the acquisition, construction <br />and installation of certain property and facilities, and authorizing various <br />actions in connection therewith <br />CITY COUNCIL ACTION <br />Adopt a resolution approving the Industrial Development Authority of <br />the City of Santa Ana entering into a loan or loans in a principal amount <br />not to exceed $3,800,000 and lending the proceeds of such loan or <br />loans to CD Andrew Property, LLC and Andrew SPE, LLC, as <br />applicable. <br />INDUSTRIAL DEVELOPMENT AUTHORITY 2 DECEMBER 20, 2004 <br />