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"Dissolution Act" shall mean Parts 1,8 (commencing with Section 34161) and 1.85 (commencing with Section 34170) of the Law. "DOF" shall mean the State of California Department of Finance, "Escrow Agent" shall mean The Bank of New York Mellon Trust Company, N.A„ as prior trustee and Escrow Agent under the Escrow Agreement. "Escrow Agreement" shall mean the Irrevocable Refunding Instructions and Agreement (Series 2003 Bonds). "Expense Account" shall mean the account established pursuant to Section 5.03 hereof. "Federal Securities" shall mean (a) non - callable direct obligations of the United States of America ("United States Treasury Obligations "), and (b) evidences of ownership of proportionate interests in future interest and principal payments on United States Treasury Obligations held by a bank or trust company as custodian, under which the owner of the investment is the real party in interest and has the right to proceed directly and individually against the obligor acid the underlying United States Treasury Obligations are not available to any person claiming through the custodian or to whom the custodian may be obligated. "Fiscal Year" shall mean the period commencing on July 1 of each year after the date of the sale and delivery of the Bonds and terminating on the next succeeding June 30, or any other annual accounting period hereafter selected and designated by the Agency as its Fiscal Year in accordance with the Law and with notice to the Trustee. "Former RDA" shall mean the former Community Redevelopment Agency of the City of Santa Ana, created by the City Council of the City. "Indenture" shall mean this Indenture and all Supplemental Indentures. "Independent Certified Public Accountant" shall mean any certified public accountant or firm of such accountants duly licensed and entitled to practice and practicing as such under the laws of the State of California, appointed and paid by the Agency, and who, or each of whom, (1) is in fact independent and not under the domination of the Agency; (2) does not have any substantial interest, direct or indirect, with the Agency; and (3) is not connected with the Agency as a member, officer or employee of the Agency, but who may be regularly retained to make annual or other audits of the books of or reports to the Agency. "Independent Financial Consultant" shall mean a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the Agency and who, or each of whom: (1) is in fact independent and not under the domination of the Agency; 3 -24