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2014-004 SAFA
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Last modified
7/28/2014 5:07:05 PM
Creation date
7/28/2014 4:13:42 PM
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City Clerk
Doc Type
Resolution
Doc #
2014-004
Date
7/15/2014
Destruction Year
P
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Section 7. The form of Escrow Agreement, on file with the Secretary of the <br />Authority, is hereby approved, and the Authorized Officers are each hereby authorized and <br />directed, for and in the name and on behalf of the Authority, to execute and deliver the <br />Escrow Agreement in substantially said form, with such changes therein as the Authorized <br />Officer executing the same may require or approve, such approval to be conclusively <br />evidenced by the execution and delivery thereof. <br />Section 8. The form of Preliminary Official Statement, on file with the Secretary of <br />the Authority, with such changes, insertions and omissions therein as may be approved by <br />an Authorized Officer, is hereby approved, and the use of the Preliminary Official <br />Statement in connection with the offering and sale of the Bonds is hereby authorized and <br />approved. The Authorized Officers are each hereby authorized to certify on behalf of the <br />Authority that the Preliminary Official Statement is deemed final as of its date, within the <br />meaning of Rule 15c2 -12 promulgated under the Securities Exchange Act of 1934 (except <br />for the omission of certain final pricing, rating and related information as permitted by such <br />Rule). <br />Section 9. The Authorized Officers are each hereby authorized and directed to <br />furnish, or cause to be furnished, to prospective investors for the Bonds a reasonable <br />number of copies of the Preliminary Official Statement. <br />Section 10. The preparation and delivery of an Official Statement, and its use in <br />connection with the offering and sale of the Bonds, is hereby authorized and approved. <br />The Official Statement shall be in substantially the form of the Preliminary Official <br />Statement with such changes, insertions and omissions as may be approved by an <br />Authorized Officer, such approval to be conclusively evidenced by the execution and <br />delivery thereof. The Authorized Officers are each hereby authorized and directed, for and <br />in the name of and on behalf of the Authority, to execute the final Official Statement and <br />any amendment or supplement thereto for and in the name and on behalf of the Authority. <br />Section 11. The Chair of the Santa Ana Financing Authority, the Executive Director <br />of the Santa Ana Financing Authority, the Recording Secretary, the Executive Director of <br />Finance, and all other appropriate officials of the City, are hereby authorized and directed <br />to execute such other agreements, documents and certificates and to take such other <br />actions as may be necessary to effect the purposes of this resolution and the financing <br />herein authorized. [A detailed list of the main documents to be executed is attached hereto <br />as Exhibit A]. <br />Section 12. All actions heretofore taken by the officers and agents of the Authority <br />with respect to the transactions set forth above are hereby approved, confirmed and <br />ratified. <br />Section 13. This Resolution shall take effect immediately upon its adoption by the <br />Authority, and the Secretary to the Authority shall attest to and certify the vote adopting <br />this Resolution. <br />SAFA Resolution No. 2014 -004 <br />Page 4 of 5 <br />
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