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SA 3 - RESO - TAX ALLOCATION BONDS
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SA 3 - RESO - TAX ALLOCATION BONDS
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Last modified
6/30/2016 4:21:44 PM
Creation date
6/30/2016 3:50:32 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
3
Date
7/5/2016
Destruction Year
2021
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"hereof," "hereunder" and other words of similar import refer to the Indenture as a whole and not <br />to any particular article, section or subdivision hereof. <br />Section 12.13 Partial Invalidity. If any one or more of the agreements or covenants or <br />portions thereof provided in the Indenture to be performed on the part of the Agency (or of the <br />Trustee) should be contrary to law, then such agreement or agreements, such covenant or <br />covenants, or such portions thereof, shall be null and void and shall be deemed separable from <br />the remaining agreements and covenants or portions thereof and shall in no way affect the <br />validity of the Indenture or of the Bonds; but the Owners shall retain all the rights and benefits <br />accorded to them under the Law or any other applicable provisions of law. The Agency hereby <br />declares that it would have entered into the Indenture and each and every other section, <br />paragraph, subdivision, sentence, clause and phrase hereof and would have authorized the <br />issuance of the Bonds pursuant hereto irrespective of the fact that any one or more sections, <br />paragraphs, subdivisions, sentences, clauses or phrases of the Indenture or the application thereof <br />to any person or circumstance may be held to be unconstitutional, unenforceable or invalid. <br />Section 12.14 Notices. All notices required to be given hereunder to the Agency, the <br />Trustee and the 2016 Bond Insurer, shall be sent to the following addresses: <br />Agency: Successor Agency to the Community <br />Redevelopment Agency of the City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: Executive Director <br />Trustee: The Bank of New York Mellon Trust Company, <br />N.A. <br />700 South Flower Street, Suite 500 <br />Los Angeles, California 90017 <br />Attention: Corporate Trust Department <br />2016 Bond Insurer: <br />Telephone: <br />Telecopier: <br />In each case in which notice or other <br />communication refers to an Event of Default, then <br />a copy of such notice or other communication <br />shall also be sent to the attention of the Deputy <br />General Counsel - Public Finance and shall be <br />marked to indicate "URGENT MATERIAL <br />ENCLOSED." <br />Section 12.15 2016 Bond Insurance Policy Payment and Reimbursement Provisions. <br />[SAMPLE PROVISIONS] <br />9j <br />3 -76 <br />
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