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<br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />OPPOSING THE ORANGE COUNTY TRANSPORTATION AUTHORITY’S <br />PROPOSED 2016 SERVICE PLAN <br /> <br /> <br />b)Direct the City Manager and/or designee to develop options in collaboration <br />with OCTA officials to minimize ridership impacts in the City of Santa Ana. <br /> <br /> <br />PUBLIC HEARINGS <br /> <br />75A. RESOLUTION APPROVING THE ISSUANCE OF TAX-EXEMPT OBLIGATIONS <br />AND AUTHORIZATION TO APPROVE JOINT EXERCISE OF POWERS <br />AGREEMENT {STRATEGIC PLAN NO. 5, 3} - Community Development Agency <br /> <br />Legal Notice published in the Orange County Reporter January 4, 2016. <br /> <br /> RECOMMENDED ACTIONS: <br /> <br /> <br />1.Adopt a resolution. <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />APPROVING THE ISSUANCE BY THE CALIFORNIA PUBLIC FINANCE <br />AUTHORITY OF MULTIFAMILY HOUSING REVENUE BONDS IN AN <br />AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $15,000,000 FOR THE <br />PURPOSE OF FINANCING OR REFINANCING THE ACQUISITION AND <br />REHABILITATION OF GUEST HOUSE APARTMENTS AND CERTAIN <br />OTHER MATTERS RELATING THERETO, AND AUTHORIZING THE <br />EXECUTION OF THE JOINT EXERCISE OF POWERS AGREEMENT <br />RELATING TO THE CALIFORNIA PUBLIC FINANCE AUTHORITY TO <br />BECOME AN ADDITIONAL MEMBER FOR THE PURPOSE OF APPROVING <br />BONDS FOR THE GUEST HOUSE APARTMENTS PROJECT LOCATED AT <br />2151 EAST FIRST STREET, SANTA ANA <br /> <br /> <br />2.AGMT - Authorize the City Manager and Clerk of the Council to execute a Joint <br />Exercise of Powers Agreement relating to the California Public Finance <br />Authority to serve as the municipal issuer of the bonds for the purpose of <br />approving bonds for the Guest House Apartment Project, subject to non- <br />substantive changes approved by the City Manager and City Attorney. <br /> <br /> <br />75B. AMENDMENT APPLICATION NO. 2015-02 TO REZONE THREE PROPERTIES <br />FROM URBAN NEIGHBORHOOD-2 (UN-2) TO OPEN SPACE (OS) AT 710-720 <br />EAST SIXTH STREET - SANTA ANA HOUSING AUTHORITY, APPLICANT <br />{STRATEGIC PLAN NO. 5, 4} - Planning and Building Agency <br /> <br />Planning Commission approved recommended action on December 14, 2015 by a vote of <br />5-0 (Alderete absent). <br /> <br />CITY COUNCIL AGENDA 16 JANUARY 19, 2016 <br /> <br /> <br />