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Recommended Action: <br />SANTA ANA FINANCING AUTHORITY ACTION <br />Adopt a resolution <br />RESOLUTION SAFA - A resolution of the governing board of the Santa Ana <br />Financing Authority authorizing the execution and delivery of a certificate <br />purchase agreement, and other matters relating thereto, and authorizing the <br />execution of necessary documents and certificates and related actions, and <br />ratifying action previously taken or approved to be taken, including the <br />execution and delivery of an installment sale agreement and the execution <br />and delivery of City of Santa Ana, California, gas tax revenue certificates of <br />participation (2007 Local Street Improvement Project) pursuant to a trust <br />agreement. <br />CITY COUNCIL ACTION <br />Adopt a resolution. <br />RESOLUTION - A resolution of the City Council of the City of Santa Ana <br />authorizing the execution and delivery of a certificate purchase agreement <br />and authorizing the distribution on an official statement in connection with <br />the offering and sale of such certificates, and other matters relating thereto, <br />and ratifying action previously taken or approved to be taken, including the <br />execution and delivery of an installment sale agreement and the execution <br />and delivery of City of Santa Ana, California, gas tax revenue certificates of <br />participation (2007 Local Street Improvement Project) pursuant to a trust <br />agreement. <br />COMMENTS <br />3. PUBLIC COMMENTS <br />AT THIS TIME the members of the public may address the Authority <br />regarding any non-agenda items within the subject matterjurisdiction of the <br />Financing Authority. NO action may be taken on non-agenda items unless <br />authorized by law. <br />WHEN SPEAKING, please state your name and address for the record. <br />Limit your remarks to three (3) minutes. The number of speakers and <br />allotted time may be limited at the discretion of the Authority members. <br />SANTA ANA FINANCING AUTHORITY AGENDA 2 DECEMBER 3, 2007 <br />