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JOINT POWERS AGMT/CITY/CRA/SAFA
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SANTA ANA FINANCING AUTHORITY
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JOINT POWERS AGMT/CITY/CRA/SAFA
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Last modified
1/3/2012 1:11:27 PM
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12/5/2007 2:35:00 PM
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r- <br />i <br />Bonds <br />The term "Bonds" shall mean bonds and any other evidence <br />f <br />of indebtedness of the Authority authorized and issued pursuant to <br />the Act. <br />,. ~ <br />....: <br />City <br />The term "City" shall mean the municipal corporation <br />known as the City of Santa Ana, a general law city duly organized <br />and existing under and by virtue of the constitution and laws of <br />the State of California. <br />Law <br />The term "Law" means the Community Redevelopment Law of <br />the State of California (being Part I of Division 24 of the Health <br />and Safety Code of the State of California, as amended) and Article <br />. 11 of Chapter 3 of Part 1 of Division 2 of Title 5 of the <br />Government Code of the State of California, and all laws amendatory <br />thereof or supplemental thereto. <br />SECTION 2. PURPOSE <br />This Agreement is made pursuant to the Act and for the <br />purpose of assisting in the financing and refinancing of certain <br />redevelopment activities of the Agency and certain public programs <br />and projects of the City, and for the purpose of aiding in the <br />financing and refinancing of public capital improvements as defined <br />in the Act, by exercising the powers referred to in the recitals <br />hereof and described in Section 5 herein. <br /> <br />Lni~ss2~.z 4 <br />
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