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MAYOR <br />Miguel A. Pulido <br />MAYOR PRO TEM <br />Michele Martinez <br />COUNCILMEMBERS <br />P. David Benevides <br />Vicente Sarmiento <br />Jose Solorio <br />Sal Tinajero <br />Juan Villages <br />December 4, 2017 <br />Exhibit 2 <br />CITY OF SANTA ANA <br />20 Civic Center Plaza • P.O. Box 1988 <br />Santa Ana, California 92702 <br />www.santa-ana.org <br />Laura Archuleta <br />Jamboree Housing Corporation <br />17701 Cowan Avenue, Suite 200 <br />Irvine, California 92614 <br />Subject: Notice to Applicant Regarding Request for TEFRA Hearing <br />Dear Ms. Archuleta, <br />CITY MANAGER <br />Raul Godinez II <br />CITY ATTORNEY <br />Sonia R. Carvalho <br />CLERK OF THE COUNCIL <br />Made D. Huizar <br />This is in response to your request for the City of Santa Ana to conduct a Tax Equity and Fiscal <br />Responsibility Act (TEFRA) Hearing in consideration of the issuance of tax exempt bond financing by the <br />California Municipal Finance Authority on behalf of CornerstoneHousing Partners LP for the benefit of <br />Cornerstone Apartments. The TEFRA Hearing has been placed on our City Council agenda for December 19, <br />2017 per your request. This TEFRA Hearing is not being considered by City Council as a recommended <br />action per our staff. Instead this item is being considered as an applicant requested action. <br />In addition, this TEFRA Hearing and the adoption of the Resolution shall not obligate the City or any <br />department 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 planning <br />approval, permit or other action necessary for the acquisition, construction, rehabilitation, installation or <br />operation of the Project; (iii) make any contribution or advance any funds whatsoever to the Authority; or (iv). <br />take any further action with respect to the Authority or its membership therein. In general, this action by the <br />City of Santa Ana will not obligate the City or any department thereof to undertake any discretionary action <br />related to the development of your project. <br />If you have any questions regarding this notice, I may be reached by telephone at (714) 667-2241 or by e- <br />mail at jbrown e Santa-ana.org. <br />Sincerely, <br />Judson Brown <br />Housing Division Manager <br />SANTA ANA CITY COUNCIL <br />Miguel A Pulido Michele Martinez Vicente Sarmientoto P. David Benavides Juan Villages Sal Tinalero <br />Mayor Mayor Pro Tem, Ward 2 Wand 7 i Ward 4 Ward 5 Ward 6 <br />moulido0sanla-ana.ora m1madiney8santa-ana ora vsarmientoOsanla-ana ora a a o dbenavidesasantaana ora v stinaiero(&sanla-ana ora <br />