HomeMy WebLinkAbout82-158RESOLUTION NO. 82- 158
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA ANA APPROVING THE APPLICA-
TION OF PARKSIDE PLAZA FOR INDUSTRIAL
DEVELOPMENT NOTE FINANCING PURSUANT TO
CHAPTER 28 OF THE SANTA ANA MUNICIPAL
CODE
WHEREAS, Chapter 28 of the Santa Ana Municipal Code
authorizes the City to sell its bonds, notes, interim deben-
tures, or other obligations pursuant to the City Charter,
for the purpose of providing financing for the acquisition,
rehabilitation, construction and improvement of industrial
projects located within the City; and
WHEREAS, Parkside Plaza, a joint venture, has submitted
an application for such financing for a project consisting
of an office building on property located at Fourth and Ross
Streets in the City of Santa Ana; and
WHEREAS, this Council has reviewed the said application
and accompanying staff report.
NOW, THEREFORE, the City Council of the City of Santa
Ana hereby resolves as follows:
1. This Council finds and determines that the pro-
posed project as described in the application promotes the
long-term employment of the residents of the City; will not
adversely affect areas outside the boundaries of the City or
transient residents of the State; and is in the public
interests of the City, a valid exercise of the police powers
of the City, and a public purpose in which the City has a
peculiar and unique interest.
2. This Council accepts and approves the said
application and the participation of the City in the
financing of the said project, subject to the provisions of
Chapter 28 of the Santa Ana Municipal Code and the con-
clusion of all proceedings undertaken to consummate such
financing to the satisfaction of the City.
PASSED, APPROVED AND ADOPTED at a regular meeting of
the City Council of the City of Santa Ana, held on the 6th
day of December, 1982, by the following vote, to wit:
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RESOLUTION NO. 82-158
AYES: Acosta, Bricken, Luxembourger, McGuigan, Serrato
NOES: Markel
ABSENT: Griset
The foregoing resolution is hereby approved this 6th
day of December, 1982.
EDWARD
Gordon
ATTEST:
City Attorney
Guy,
%Clerk of the Council
I hereby certify that the foregoing is a full, true and
correct copy of a Resolution duly passed and adopted by the
City Council at a regular meeting thereof, now a matter of
record in my office.
Dated this 6th day of December
· 1982.
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