Laserfiche WebLink
ABSENT: Amezcua(1) <br />PUBLIC HEARINGS <br />75A. RESOLUTION APPROVING THE ISSUANCE OF TAX - EXEMPT <br />OBLIGATIONS AND AUTHORIZATION TO APPROVE JOINT EXERCISE OF <br />POWERS AGREEMENT - GUEST HOUSE APARTMENTS PROJECT <br />LOCATED AT 2151 EAST FIRST STREET {STRATEGIC PLAN NO. 5, 31 - <br />Community Development Agency <br />Legal Notice published in the Orange County Reporter January 4, 2016. <br />Mayor Pulido opened the Hearing <br />closed. <br />MOTION: <br />1. Adopt a resolution. <br />There were no speakers and the Hearing <br />RESOLUTION NO. 2016 -007 — A RESOLUTION OF THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA APPROVING THE ISSUANCE BY THE <br />CALIFORNIA PUBLIC FINANCE AUTHORITY OF MULTIFAMILY HOUSING <br />REVENUE BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO <br />EXCEED $15,000,000 FOR THE PURPOSE OF FINANCING OR <br />REFINANCING THE ACQUISITION AND REHABILITATION OF GUEST <br />HOUSE APARTMENTS AND CERTAIN OTHER MATTERS RELATING <br />THERETO, AND AUTHORIZING THE EXECUTION OF THE JOINT <br />EXERCISE OF POWERS AGREEMENT RELATING TO THE CALIFORNIA <br />PUBLIC FINANCE AUTHORITY TO BECOME AN ADDITIONAL MEMBER <br />FOR THE PURPOSE OF APPROVING BONDS FOR THE GUEST HOUSE <br />APARTMENTS PROJECT LOCATED AT 2151 EAST FIRST STREET, <br />SANTA ANA <br />2. AGMT NO. 2016 -014 - Authorize the City Manager and Clerk of the <br />Council to execute a Joint Exercise of Powers Agreement relating to <br />the California Public Finance Authority to serve as the municipal issuer <br />of the bonds for the purpose of approving bonds for the Guest House <br />Apartment Project, subject to non - substantive changes approved by <br />the City Manager and City Attorney. <br />MOTION: Martinez <br />VOTE: AYES: <br />CITY COUNCIL MINUTES <br />FyXdS]ZIDllt.YTri1C- i re, <br />Benavides, Martinez, Pulido, Reyna, Tinajero, <br />Sarmiento (6) <br />23 <br />1 OA -23 <br />JANUARY 19, 2016 <br />