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Bank Qualified Statement <br />LESSEE, City of Santa Ana, CERTIFIES THAT IT H AS .N©T DESIGNATED THIS LEASE No. 23717 AS A QUALIFIED <br />TAX - EXENIPT OBLIGATION IN ACCORDANCE WITH SECTION 265(b)(3) OF THE CODE AND IF THE LESSEE HAS <br />DESIGNATED THIS LEASE AS A QUALIFIED TAX-EXEMPT OBLIGATION, CI HAS NOT DESIGNATED MORE THAN <br />$10,000,000 OF ITS OBLIGATIONS AS QUALIFIED TAX - EXENIPT OBLIGATIONS IN ACCORDANCE WITH SUCH <br />SECTION FOR THE CURRENT CALENDAR YEAR AND THAT IT REASONABLY ANTICIPATES THAT THE TOTAL <br />AMOUNT OF TAX - EXENIPT OBLIGATIONS TO BE ISSUED BY LESSEE DURING THE CURRENT CALENDAR YEAR <br />WILL NOT EXCEED $ UI,000,000, <br />