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Section 3. The issuance of the Bonds shall be subject to the approval of the Authority of <br />all financing documents relating thereto to which the Authority is a party. The City shall have no <br />responsibility or liability whatsoever with respect to the Bonds. <br />Section 4. The adoption of this Resolution shall not obligate the City or any department <br />thereof to (i) provide any financing to acquire or construct the Project or any refinancing of the <br />Project; (ii) approve any application or request for or take any other action in connection with any <br />planning approval, permit or other action necessary for the acquisition, construction, rehabilitation, <br />installation or operation of the Project; (iii) make any contribution or advance any funds <br />whatsoever to the Authority; or (iv) take any further action with respect to the Authority or its <br />membership therein. <br />Section 5. The City Manager and applicable Executive Directors of the City are hereby <br />authorized and directed, jointly and severally, to do any and all things and to execute and deliver <br />any and all documents which they deem necessary or advisable in order to cavy out, give effect to <br />and comply with the terms and intent of this resolution and the financing transaction approved <br />hereby. <br />Section 6. This resolution shall take effect immediately upon its adoption. <br />PASSED AND ADOPTED by the City Council of the City of Santa Ana this 19th day of <br />December, 2017. <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho <br />City Attorney <br />Bi <br />AYES: Councilmembers <br />NOES: Councilmembers <br />ABSTAIN: Councilmembers <br />NOT PRESENT: Councilmembers <br />Miguel A. Pulido <br />Mayor <br />75D-6 <br />