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MOTION: Alvarez SECOND: Bustamante <br />VOTE: AYES: Alvarez, Benavides, Bustamante, Pulido, <br />Martinez, Sarmiento, Tinajero (7) <br />NOES: None (0) <br />ABSTAIN: None (0) <br />ABSENT: None (0) <br />75C PUBLIC HEARING ON ISSUANCE OF TAX EXEMPT BONDS FOR THE <br />BENEFIT OF MATER DEI HIGH SCHOOL AND RESOLUTION <br />APPROVING THE ISSUANCE OF BONDS - Finance & Management <br />Services <br />Legal Notice published in the Orange County Register on November 1, 2010. <br />No staff report provided. There was no written correspondence received. <br />The Public Hearing opened at 7:19 p.m. There were no speakers and the <br />hearing closed. <br />MOTION: <br />1. Conduct a Tax Equity and Financial Responsibility Act (TEFRA) <br />Hearing in consideration of the issuance of tax exempt bond <br />financing by the California Municipal Finance Authority on behalf of <br />The Roman Catholic Bishop of Orange, a corporation existing under <br />the laws of the State of California, and described in Section 501(c)(3) <br />of the Internal Revenue Code of 1986, for the benefit of Mater Dei <br />High School to finance and refinance the acquisition, construction <br />and improvement of educational facilities located at their site in <br />Santa Ana, California. <br />2. Adopt a resolution. <br />RESOLUTION NO. 2010-055 - A RESOLUTION OF THE CITY <br />COUNCIL OF THE CITY OF SANTA ANA APPROVING THE ISSUANCE <br />OF REVENUE BONDS BY THE CALIFORNIA MUNICIPAL FINANCE <br />AUTHORITY FOR THE PURPOSE OF FINANCING OR REFINANCING <br />THE ACQUISITION, CONSTRUCTION AND IMPROVEMENT OF <br />CERTAIN EDUCATIONAL FACILITIES AND CERTAIN OTHER <br />MATTERS PERTAINING THERETO <br />MOTION: Bustamante SECOND: Alvarez <br />UIIY COUNCIL MINUTES 16 NOVEMBER 15, 2010 <br />1 0A-16