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<br /> <br /> <br /> Resolutions - Tax Allocation Bonds <br /> December 6, 2010 <br /> Page 4 <br /> <br /> of the underwriting fees. All of the bond transaction documents, including the Preliminary Official <br /> Statement, Indenture and Bond Purchase Agreement, are on file with the Clerk of the Council. <br /> FISCAL IMPACT <br /> All costs associated with this transaction will be paid at closing with bond proceeds, with the <br /> exception of the Standard and Poors and Fitch Ratings credit rating fees (up to $27,000 and <br /> $30,000 respectively), and Keyser Marston's fiscal consultant fees (up to $35,000), which will need <br /> to be paid even if the transaction is postponed until 2011. Funds are available in the Merged <br /> Project Area Admin Account (no. 57018843-62300/03717801022. Proceeds from the sale of the <br /> Recovery Zone Economic Development Bonds will be deposited in the 2010 Tax Allocation <br /> Refunding Bond Series A and Bond Series B, and Recovery Zone Economic Development Bond <br /> accounts. <br /> APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br /> <br /> Cynthia J. Nel on Francisco Gutierrez <br /> Deputy City Manager for Executive Director <br /> Development Services Finance & Management Services AgencyG <br /> Community Development Agency J <br /> CJN/NTE/mlr <br /> Exhibit: 1. Council Resolution <br /> 2. CRA Resolution <br /> 3. Santa Ana Financing <br /> Authority Resolution <br /> <br /> <br /> <br /> <br /> <br /> <br /> 4-4 <br />