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<br />SAFA RESOLUTION - Authorizing the execution of the Installment Sales <br />Agreement (between the City of Santa Ana and Santa Ana Financing <br />Authority), the Trust Agreement (between the Santa Ana Financing <br />Authority and the Bank of New York), and commencement of the judicial <br />validation process pledging the use of Gas Tax Revenue as a viable <br />pledge for financing the bond structure. <br /> <br />SANTA ANA FINANCING AUTHORITY MEETING (Lavender Agenda) <br /> <br /> <br />JOINT SESSION BETWEEN CITY COUNCIL AND <br /> <br />THE INDUSTRIAL DEVELOPMENT AUTHORITY <br /> <br /> <br />80.D. PUBLIC HEARING - BOND ALLOCATION FOR INGARDIA BROS. <br />PRODUCE, INC. <br /> <br />Recommended action approved by the Santa Ana Empowerment <br />Corporation Board at its July 25, 2007 meeting by a vote of 10-0 (Absent: <br />Bacigalupo, Cong, Fogarty, Garcia, E. Martinez, Metzler, Ream, Reyna, <br />Russo, Sidler). <br /> <br /> Legal notice published in the Orange County Register on August 3, 2007 <br /> <br />Recommended Action: <br /> <br />CITY COUNCIL ACTION <br /> <br />Adopt a resolution. <br /> <br />RESOLUTION - A resolution of the City Council of the City of Santa Ana <br />approving the Industrial Development Authority of the City of Santa Ana <br />entering into a loan in a principal amount not to exceed $2,500,000 and <br />lending the proceeds of such loan to Ingardia Bros. Produce, Inc., and <br />allocating an amount not to exceed $2,500,000 of the Santa Ana <br />Empowerment Zone ceiling for private activity bonds for the benefit of the <br />project to be financed pursuant to such loan. <br />INDUSTRIAL DEVELOPMENT AUTHORITY ACTION <br /> <br />Adopt a resolution. <br /> <br />IDA RESOLUTION - A resolution of the Industrial Development Authority <br />of the City of Santa Ana authorizing entering into loan agreement <br />pursuant to which the authority will borrow and lend to borrower not to <br />exceed $2,500,000 for the acquisition, construction and installation of <br />certain property and facilities, and authorizing various actions in <br />connection therewith. <br />CITY COUNCIL AGENDA 16 AUGUST 20, 2007 <br /> <br />