HomeMy WebLinkAbout1984-017
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11/7/84
RESOLUTION NO. 84-17-IDA
A RESOLUTION OF THE INDUSTRIAL DEVELOPMENT
AUTHORITY OF THE CITY OF SANTA ANA AMENDING
RESOLUTION NO. 84-6-IDA, "A RESOLUTION OF
THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE
CITY OF SANTA ANA AUTHORIZING THE ISSUANCE
OF BONDS FOR THE PURPOSE OF FINANCING THE
REHABILITATION OF AND ADDITIONS AND ALTERATIONS
TO INDUSTRIAL BUILDINGS AND RELATED FACILITIES
BY U.S.D. CORP."
WHEREAS, the board of Directors of the Industrial
Developmebt Authority of the City of Santa Ana has heretofore
on July 16, 1984 adopted its Resolution No. 84-6-IDA (the
"Resolution"): "A Resolution of the Industrial Development
Authority of the City of Santa Ana Authorizing the issuance
of Bonds for the Purpose of Financing the Rehabilitation of
and Additions and Alterations to Industrial Buildings and
Related Facilities by U .S.D. Corp." whereby this Board au-
thorized the issuance of bonds in the amount not to exceed
2,000,000; and
WHEREAS, the application filed by U.S.D. Corp.
(the "Developer") for financing requests financing in the
amount not to exceed $3,000,000 and said application has
heretofore been approved by this Board;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE
CITY OF SANTA ANA THAT: said Resolution No. 84-6-IDA,
adopted on July 16, 1984, is hereby amended to provide
authorization for the issuance of Bonds for the financing
of the Project (as defined in said Resolution) in the
aggregate principal amount of not to exceed $3,000.000.
ADOPTED, this 19th day of
Novembf'r
, 1984.
ATTEST:
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J ice C. Guy, s~ret!?!
DIRECTORS:
Luxembourger
Griset
Acosta
Bricken
Johnson
McGuigan
Young
Aye
Nay
Absent
Absent
Aye
Aye
Aye
APPROVED AS TO FORM:
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Edward J. Cooper
Legal Counsel