HomeMy WebLinkAbout12/16/1985
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MINUTES
JOINT SPECIAL MEETING
COMMUNITY REDEVELOPMENT AGENCY/CITY COUNCIL
DECEMBER 16, 1985
The Joint Special Meeting of the Community Redevelopment Agency
and the City Council was called to order at 3:00 P.M. in the
Council Chambers, 22 Civic Center Plaza, Santa Ana, California
at 3:00 P.M. The roll was called:
PRESENT
ABSENT
John Acosta
Daniel E. Griset,
Wilson Hart, Vice
P. Lee Johnson
R. E. Luxembourger
Patricia McGuigan
Dan Young
Chairman
Chairman
Others in attendance:
Robert C. Bobb, City Manager
Rex Swanson, Deputy City Manager/Development Services
David N. Ream, Executive Director/Economic Development
Patricia Nunn, Economic/Business Development Specialist
JOINT PUBLIC HEARING TO APPROVE EXECUTION OF SUBLEASES AND SALE
OF CERTIFICATES OF PARTICIPATION FOR THE WESTDOME PROJECT
It was determined that it would not be necessary to adopt
Resolution No. 85-60: A RESOLUTION OF THE COMMUNITY
REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA APPROVING AND
AUTHORIZING AND DIRECTING EXECUTION OF SUBLEASE OF LAND AND
PUBLIC SPORTS ARENA FACILITIES FROM THE CITY OF SANTA ANA AND
RELATED TRUST AGREEMENT, APPROVING SALE OF $40,000,000
CERTIFICATES OF PARTICIPATION, APPROVING OFFICIAL STATEMENT AND
RELATED DOCUMENTS, AND AUTHORIZING OFFICIAL ACTION.
The City Council voted unanimously to adopt Resolution No.
85-159: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA
ANA AUTHORIZING THE ISSUANCE AND SALE OF $40,000,000 PRINCIPAL
AMOUNT OF VARIABLE/FIXED RATE DEMAND REVENUE BONDS, SERIES 1985
(WESTDOME SPORTS ARENA), APPROVING INDENTURE OF TRUST PURSUANT
TO WHICH SAID BONDS ARE TO BE ISSUED, ASSIGNING PRIVATE
ACTIVITY BOND ALLOCATION THERETO, APPROVING OFFICIAL STATEMENT
AND AUTHORIZING OFFICIAL ACTION.
~ Griset
Chairman
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MINUTES
JOINT SPECIAL MEETING
COMMUNITY REDEVELOPMENT AGENCY/CITY COUNCIL
DECEMBER 16, 1985
The Special meeting of the Community Redevelopment Agency
and City Council, scheduled for December 16, 1985, was
adjourned for lack of business to the Joint Regular
Meeting of December 17, 1985 at 5:30 P.M. in Council
Chambers, 22 Civic Center Plaza, Santa Ana, California.
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Daniel Griset
Chairman
Executive Director
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