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RESOLUTION NO. 2016 -037 - A RESOLUTION OF THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA APPROVING THE ISSUANCE OF <br />REVENUE BONDS BY THE CALIFORNIA MUNICIPAL FINANCE <br />AUTHORITY IN ONE OR MORE SERIES IN A MAXIMUM AMOUNT OF <br />$19,000,000 FOR THE PURPOSE OF FINANCING THE ACQUISITION OF <br />CERTAIN FACILITIES FOR THE BENEFIT OF NOVA ACADEMY <br />CHILDREN'S FOUNDATION OR AN AFFILIATE THEREOF <br />MOTION: Tinajero <br />SECOND: Amezcua <br />VOTE: AYES: <br />Amezcua, Benavides, Pulido, Reyna, Tinajero (5) <br />NOES: <br />None (0) <br />ABSTAIN: <br />None (0) <br />ABSENT: <br />Martinez, Sarmiento (2) <br />75B. PUBLIC HEARING - ISSUANCE OF OBLIGATIONS BY THE CALIFORNIA <br />ENTERPRISE DEVELOPMENT AUTHORITY FOR THE BENEFIT OF <br />ORANGE COUNTY SCHOOL OF THE ARTS - {STRATEGIC PLAN NO. 2, 4) - <br />Community Development Agency <br />Legal Notice published in the Orange County Register on May 24, 2016. <br />Mayor Pulido opened the Public Hearing; there were no speakers and Hearing <br />closed. <br />MOTION <br />1. Conduct a Tax Equity and Financial Responsibility Act (TEFRA) hearing <br />in consideration of issuance of tax - exempt obligations by the California <br />Enterprise Development Authority for the purpose of financing and <br />refinancing school facilities located at 800 North Bush Street, 801 North <br />Main Street, 902 North Main Street, 906 North Main Street, 1000 North <br />Main Street, 1010 North Main Street, 1018 North Main Street, 1104 North <br />Main Street, 1107 North Main Street, 1110 North Main Street, 123 East <br />11th Street, 900 North Sycamore Street, 912 North Sycamore Street, 921 <br />North Sycamore Street, 839 North Broadway, 843 North Broadway, 845 <br />North Broadway, 915 North Broadway, 919 North Broadway, 201 West <br />Washington Avenue, and 207 West Washington Avenue, Santa Ana, <br />California for the benefit of Orange County School of the Arts, The <br />Legacy Fund and /or The Opus Fund, LLC. <br />2. Adopt a resolution. <br />CITY COUNCIL MINUTES 28 JUNE 7, 2016 <br />1 OA -28 <br />