75A - PH - RESO - MATER DEI BONDS

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TEFRA Public Hearing for Mater Dei March 1, 2016 Page 2 APN Address Address City State Zip 1 013 - 224 -06 1127 W. Berkeley St Santa Ana CA 92707 2 013 - 226 -07 1126 W. Occidental St Santa Ana CA 92707 3 013 - 226 -08 1130 W. Occidental St Santa Ana CA 92707 4 013 - 225 -07 1131 W. Occidental St Santa Ana CA 92707 5 013 - 225 -08 1135 W. Occidental St Santa Ana CA 92707 6 015 -220 -16 1125 W. Saint Andrew PI Santa Ana CA 92707 7 015 - 220 -15 1129 W. Saint Andrew PI Santa Ana CA 92707 8 015 - 220 -14 1133 W. Saint Andrew PI Santa Ana CA 92707 9 015 - 220 -13 1137 W. Saint Andrew PI Santa Ana CA 92707 The term "Prior Project' means refinancing the acquisition of the land located at the following addresses: The Project and facilities are to be, and the Prior Project and facilities are, owned and operated by the Borrower, a corporation solely organized and existing under the laws of the State of California and described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, for the benefit of the School. The Borrower has requested the assistance of the California Municipal Finance Authority ( "Authority "). The Authority, which was established in 2004, was formed to assist local governments and non - profit organizations and businesses with the issuance of taxable and tax exempt bonds with the goal to promote economic, cultural, and community development. The City is a member of the Authority. However, in order for all or a portion of the bonds to qualify as tax - exempt bonds, the City must conduct a public Tax Equity and Financial Responsibility Act Hearing (the " TEFRA Hearing ") providing for the members of the community an opportunity to speak in favor of or against the use of tax - exempt bonds for the refinancing of the Project. Following the close of the TEFRA Hearing, an "applicable elected representative" of the governmental unit hosting the Project, in this case the City, must provide its approval of the issuance of the bonds by the Authority for the refinancing of the Project. 75A -2 APN Address city State Zip 1 013 - 225 -13 1126 W. Berkeley St Santa Ana CA 92707 2 013 -225 -12 1130 W. Berkeley St Santa Ana CA 92707 3 013 - 224 -07 1131 W. Berkeley St Santa Ana CA 92707 4 013 -225 -11 1134 W. Berkeley St Santa Ana CA 92707 5 013 - 225 -10 1138 W. Berkeley St Santa Ana CA 92707 6 013 - 225 -06 1127 W. Occidental St Santa Ana CA 92707 7 013 - 226 -09 1134 W. Occidental St Santa Ana CA 92707 8 013 - 226 -10 1138 W. Occidental St Santa Ana CA 92707 9 013 - 225 -09 1139 W. Occidental St Santa Ana CA 92707 10 015 - 220 -01 1201 W. Saint Andrew PI Santa Ana CA 92707 The Project and facilities are to be, and the Prior Project and facilities are, owned and operated by the Borrower, a corporation solely organized and existing under the laws of the State of California and described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, for the benefit of the School. The Borrower has requested the assistance of the California Municipal Finance Authority ( "Authority "). The Authority, which was established in 2004, was formed to assist local governments and non - profit organizations and businesses with the issuance of taxable and tax exempt bonds with the goal to promote economic, cultural, and community development. The City is a member of the Authority. However, in order for all or a portion of the bonds to qualify as tax - exempt bonds, the City must conduct a public Tax Equity and Financial Responsibility Act Hearing (the " TEFRA Hearing ") providing for the members of the community an opportunity to speak in favor of or against the use of tax - exempt bonds for the refinancing of the Project. Following the close of the TEFRA Hearing, an "applicable elected representative" of the governmental unit hosting the Project, in this case the City, must provide its approval of the issuance of the bonds by the Authority for the refinancing of the Project. 75A -2