HomeMy WebLinkAbout1981-055 CRA
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7/13/81
RESOLUTION NO. 81-55
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA AUTHORIZING
THE CHAIRMAN OF THE COMMUNITY REDEVELOPMENT
AßENCY OF THE CITY OF SANTA ANA TO EXECUTE
AN AGREEMENT TO PURCHASE SECURED PROMISSORY
NOTE BETWEEN THE AGENCY AND WELLS FARGO BANK,
N.A. '
BE IT RESOLVED by the Community Redevelopment
Agency of the City of Santa Ana as follows: .
1. The Chairman of the Community Redevelopment
Agency of the City of Santa Ana is hereby authorized to
execute on behalf of the Agency that certain agreement
entitled .Agreement to Purchase Secured Promissory Note,.
form dated 7/13/81 between the Agency and Wells Fargo Bank,
N.A., copies of which are on file in the office of the
Executive Director of the Agency and to which reference is
hereby made for full particulars.
2. The Executive Director of the Agency is
hereby authorized to take all steps, and to sign all
documents and instruments necessary to ,implement and carry
out the Agreement on behalf of the Agency.
ADOPTED this 20th day of
by the following vote: -----
,1981,
Julv
AYES:
MEMBERS: Bricken, Griset, Luxembourger,
Serrato, Acosta, McGuigan
MEMBERS: None
NOES:
Aliil¡;~
R X N
EXECUTIVE DIRECTOR/
RECORDING SECRETARY
APPROVED AS TO FORM:
&!;Z~
AGENCY LEGAL CO L
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