Resolution Number 85-7-16-5RESOLUTION NO. 85-7-16-5
AUTHORIZING SUBMISSION INFORMATION FORM TO BE
SUBMITTED TO MORTGAGE BOND ALLOCATION COMMITTEE
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SAN JUAN CAPISTRANO, CALIFORNIA, AUTHORIZING
AND DIRECTING THE CITY MANAGER TO SUBMIT A
SUBMISSION INFORMATION FORM TO THE MORTGAGE BOND
ALLOCATION COMMITTEE
THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA,
HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS:
Section 1.
The City Manager of the City of San Juan Capistrano is
hereby authorized and directed to submit to the Mortgage Bond
Allocation Committee of the State of California the Submission
Information Form, attached hereto as "Exhibit A," and to do all
things'and acts which are required by law or which may be
necessary or desirable to facilitate the submission of such form
and the mortgage financing contemplated thereby.
Section 2.
The City Clerk shall certify to the passage and
adoption of this Resolution and the same shall take effect and be
in force.
PASSED, APPROVED AND ADOPTED this 16th day of
July 1985 �,�
PHILL P R. SCHWARTZE MAYOR
ATTEST:
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARY ANN HANOVER, City Clerk of the City of San Juan
Capistrano, California, DO HEREBY CERTIFY that the foregoing is a
true and correct copy of Resolution No. 85-7-16-5 , adopted by
the City Council of the City of San Juan Capistrano, California,
at a regular meeting thereof held on the 16th day of
July , 1985 , by the following vote:
AYES: Councilmen Friess, Bland, Buchheim,
and Mayor Schwartze
NOES: None
ABSENT: Councilman Hausdorfor
(SEAL)
RY ANNINOVER, CITY CLERK
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127
STATE OF CALIFORNIA
COUNTY OF ORANGE ) ss. AFFIDAVIT OF POSTING
CITY OF SAN JUAN CAPISTRANO )
MARY ANN HANOVER, being first duly sworn, deposes
and says:
That she is the duly appointed and qualified City Clerk
of the City of San Juan Capistrano;
That in compliance with State laws of the State of
California and in further compliance with City Resolution
No. 83-12-20-3 and on the 18th day of July 1985 ,
she caused to be posted:
RESOLUTION NO. 85-7-16-5
being: AUTHORIZING SUBMISSION INFORMATION FORM TO BE
SUBMITTED TO MORTGAGE BOND ALLOCATION COMMITTEE
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SAN JUAN CAPISTRANO, CALIFORNIA, AUTHORIZING
AND DIRECTING THE CITY MANAGER TO SUBMIT A
SUBMISSION INFORMATION FORM TO THE MORTGAGE BOND
ALLOCATION COMMITTEE
in three (3) public places in the City of San Juan Capistrano,
to wit: City Hall; Old Fire Station Recreation Complex; Orange
County Public Library.
MARY ANN/ LOVER, CITY CLERK
San Juan Capistrano, California
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129
STATE OF CAL00011U
Mortcage Bond Allocation Commit
SUBMISSION INFORMATION FORM
1. Name and Address of Issuer. .City of San Juan Capistrano
32400 Paseo Adelanto
San Juan Capistrano, CA 92675
e
Attn: Steve Julian
2. Authority fat Iswance of Bonds - _
SB99
AB,/1355
5. Deportment Responsible for Adtninistr
City Managers Office
Monte: EXHIBIT A
Exec. Sec ;M.B.A.0
P.O. Bon 1919
Socromento, CA 95809
For Assistance or Information
Call: (916) 44S�Wll
3. Type of Program -
4. Type of Sole: Private
Public XX
6. Purpose of Bond Issue:
To provide below market rate mortgage funds to increase the stock
of affordable housing within the City.
7. Amount of Issue:
$50,000,000 Supplemental
9. Application of Bona Vr*«eeds:
not yet determined
10. List all applicable fees and fee schedules: -
11. Liss all reserves in Bond Program:
4 1,/2 to 8 1,/2 frau developer
Debt Service Reserve Fund
12. List all insurance programs:
100% P.M.I.
Standard Hazard Insurance
Special Hazard Insurance
March 1986
1 J. rst the ;..come and nates price limilotions in the program, 7 ,�
w 1 V
As requested by law
14. Give a brief summary of all redemption provisions of the issues
t [
Special Redemption
Mandatory Sinking Account Redanption .
optional Redanption
I S. 11 you have applied for a bond toting• please give the dote of op'plication:
Moody's Standard and Poor's _
If you haven't applied for o rating, please gine the estimated dote when you pion to apply:
Moody's• Standard and Poor's F taxy 1986
11 you don't plan to apply, please explain why.
A, list the name and address of bond Counsel:
To be determined
CERTIFICATION: I certify that the information provided in this Submission Information Form is true
and correct:
Steven Julian
N.. .l Oltk" r«pe.rb4 t.r rhe F.Qvs
City Manager
,•rte
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