HomeMy WebLinkAbout1986-34 CRA
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RESOLUTION NO.
86-34
RESOLUTION OF THE CITY OF SlINTA ANA COMMUNITY
REDEVELOPMENT AGENCY AMENDING RESOLUTION NO. 85-54
WHEREAS, the Agency has previously authorized and sold its $63,850,000
City of Santa Ana Redevelopment Project Area Tax Allocation Bonds, 1985
Series B;
WHEREAS, it is necessary to amend the resolution authorizing the issuance
of such Bonds for the purpose of further clarifying the terms of the
Resolution;
NOW, THEREFORE, THE CITY OF SlINTA ANA COMMUNITY REDEVELOPMENT AGENCY DOES
HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
Section 1. Section 16 is hereby amended by adding the following paragraph
to the end of the Section:
"All earnings derived from the Investment of the moneys in the Escrow
Fund shall be transferred upon receipt to the Special Fund for application
in accordance with the provisions of Section 15."
Section 2,
adoption,
Effective Date.
This Resolution shall take effect upon
ADOPTED AND APPROVED THE 17th day of June
,1986.
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Chairman of the City of Santa Ana
Community Redevelopment Agency
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Secretary of the City of
Santa Ana Community
Redevelopment Agency
APPROVED AS TO FORM:
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STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SANTA ANA
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SECRETARY'S CERTIFICATE
RE ADOPTION OF RESOLUTION
I. Rex Swanson. Secretary of the City of Santa Ana Community
Redevelopment Agency. DO HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the Agency at a regular meeting of the Agency held on thellttL day
of June. 1986. and that the same was passed and adopted by the following
vote:
AYES:
Acosta, Johnson, Luxembourger
Members McGuiaan and Youna
NOES: Members None
ABSENT: Members Griset and Hart
ABSTAIN: Members
(SEAL)
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SANTA ANA
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)ss.
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SECRETARY'S CERTIFICATE
OF AUTHENTICATION
I. . Secretary of the City of Santa Ana Community
Redevelopment Agency. DO HEREBY CERTIFY that the above and foregoing is a
full. true and correct copy of Resolution No. --- of the Agency and that the
Resolution was adopted at the time and by the vote stated on the above
certificate. and has not been amended or repealed.
Secret of he City of Santa Ana
Community Redevelopment Agency
(SEAL)
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