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Resolutions -Tax Allocation Bonds <br />December 6, 2010 <br />Page 4 <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 />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency ~_ <br />as <br />CJN/NTE/mlr <br />Exhibit: 1. Council Resolution <br />2. CRA Resolution <br />3. Santa Aria Financing <br />Authority Resolution <br />5-4 <br />