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<br />JOINT SESSION WITH CRA AND HOUSING AUTHORITY <br /> <br />2. Bonds by the Housing Authority of the City of Santa Ana for the <br />purpose of financing the acquisition and rehabilitation of seventeen <br />properties located at 1201, 1209, 1213, 1221, 1225, 1229, and 1233 <br />East Wilshire and 1401, 1403, 1409, 1413, 1421, 1425, 1429, 1433, <br />1437, and 1439 South Minnie by Wilshire/Minnie, L.P. <br /> <br />3. Adopt a resolution. <br /> <br />RESOLUTION NO. 2006-088- A resolution of the City Council of the City <br />of Santa Ana approving the issuance by the Housing Authority of the City <br />of Santa Ana of multifamily housing revenue bonds in an amount not to <br />exceed fifteen million five hundred thousand dollars for the purpose of <br />financing the acquisition and rehabilitation of seventeen buildings of <br />multifamily rental housing by Wilshire/Minnie, L.P. <br /> <br />4. Direct the City Attorney to prepare a loan agreement with <br />Wilshire/Minnie, L.P., for the acquisition and rehabilitation of 1201, <br />1209,1213,1221,1225,1229, and 1233 East Wilshire and 1401, 1403, <br />1409,1413,1421,1425,1429,1433,1437, and 1439 South Minnie in a <br />total amount not to exceed $2.4 million. <br /> <br />MOTION: Tinajero <br /> <br />SECOND: Benavides <br /> <br />VOTE: <br /> <br />AYES: <br /> <br />Alvarez, Bustamante, Benavides, Martinez, <br />Pulido, Tinajero (6) <br /> <br />NOES: None (0) <br /> <br />ABSTAIN: None (0) <br /> <br />ABSENT: None (0) <br /> <br />COUNCIL RECESSED TO THE COMMUNITY REDEVELOPMENT AGENCY MEETING <br />AT 7:40 P.M. FOLLOWED BY THE HOUSING AUTHORITY <br /> <br />COUNCIL RECONVENED WITH ALL MEMBERS PRESENT AT 7:43 P.M. <br /> <br />COMMENTS <br /> <br />90A PUBLIC COMMENTS <br /> <br />Alex Vega discussed recall procedures; Lisann Martinez raised concerns <br />about the County Recorder releasing personal information and Pat <br />McGuigan discussed the process for filling the Ward 1 vacancy <br /> <br />CITY COUNCIL MINUTES <br /> <br />424 <br /> <br />DECEMBER 18, 2006 <br />