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NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Santa <br />Ana as follows: <br />Section 2. The foregoing determinations and declarations are true and correct. <br />Section 3. The City Council hereby approves the issuance of the Bonds by the <br />Authority. It is the purpose and intent of the City Council that this resolution constitute <br />approval of the issuance of the Bonds by the Authority, for the purposes of <br />(a) Section 147(f) of the Code by the applicable elected representative of the <br />governmental unit having jurisdiction over the area in which the Project is to be located, <br />in accordance with said Section 147(f) and (b) of the Code and Section 4 of the <br />Agreement. <br />Section 4. The issuance of the Bonds shall be subject to the approval of the <br />Authority of all financing documents relating thereto to which the Authority is a party. <br />The City shall have no responsibility or liability whatsoever with respect to the Bonds. <br />Section 5. The adoption of this Resolution shall not obligate the City or any <br />department thereof to (i) provide any financing to acquire or construct the Project or any <br />refinancing of the Project; (ii) approve any application or request for or take any other <br />action in connection with any planning approval, permit or other action necessary for the <br />acquisition, construction, rehabilitation, installation or operation of the Project; (iii) make <br />any contribution or advance any funds whatsoever to the Authority; or (iv) take any <br />further action with respect to the Authority or its membership therein. <br />Section 6. The City Manager or his designee is hereby authorized and directed, <br />jointly and severally, to do any and all things and to execute and deliver any and all <br />documents which are deemed necessary or advisable in order to carry out, give effect <br />to and comply with the terms and intent of this resolution and the financing transaction <br />approved hereby. <br />Section 7. This resolution shall take effect immediately upon its adoption. <br />ADOPTED this 17th day of February, 2015. <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho <br />City Attorney <br />By: kw&tc- L <br />Lisa Storck <br />Assistant City Attorney <br />Resolution No. 2015 -011 <br />Page 2 of 3 <br />