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<br />E. Notice of said public hearing has been duly given as required by the Code, <br />and this City Council has heretofore held such public hearing at which all <br />interested persons were given an opportunity to be heard on all matters <br />relative to the financing and operation of the Project and the Authority's <br />issuance of the Bonds therefore. <br /> <br />F. The Project is located wholly within the geographic jurisdiction of the City. <br /> <br />G. The City Council of the City of Santa Ana, as the "applicable elected <br />representatives" of the Authority, approves of the issuance of the Bonds as in <br />the public interests of the Authority. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: <br /> <br />Section 2: The City Council hereby finds and determines that the foregoing <br />recitals are true and correct. <br /> <br />Section 3: Pursuant to the Code, the City Council hereby approves the <br />issuance of the Bonds by the Authority to finance the Project. It is the purpose and <br />intent of this City Council that this resolution constitute approval of the issuance of the <br />Bonds by the applicable elected representatives of the governmental unit having <br />jurisdiction over the area in which the Project is located, in accordance with the Code. <br /> <br />Section 4: The issuance of the Bonds shall be subject to approval by the <br />Authority of all financing documents relating thereto to which the Authority is a party and <br />subject to the sale of the Bonds by the Authority to the underwriter thereof. <br /> <br />Section 5: This resolution shall take effect immediately. <br />ADOPTED this 1Sth day of December, 2006. <br /> <br /> <br />APPROVED AS TO FORM: <br />Joseph W. Fietcher, City Attorney <br /> <br /> <br />f <br /> <br />Resolution No. 2006-088 <br />Page 2 of 3 <br />