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ARA1980-045RESOLUTION NO. ARA80- 45 A RESOLUTION OF THE ANAHEIM REDEVELOPMENT AGENCY ADOPTING RULES AND REGULATIONS RELATING TO ITS COMMERCIAL DEVELOPMENT FINANCING PROGRAM WHEREAS, the Anaheim Redevelopment Agency (the "Agency ") has adopted Resolution No. ARA80 -16 stating its intention to issue a tax - exempt note for One Ninety -Eight Associates (the "Project ") pursuant to Chapter 8 (commencing with Section 33750) of Part 1, Division 24 of the California Health and Safety Code (the "Act "); and WHEREAS, the Agency further adopted Resolution No. ARA80- making certain findings that the Project was an integral part of a residential neighborhood, as required by the Act; and WHEREAS, the Agency desires to clarify certain of said findings; and WHEREAS, the Act also requires that the Agency adopt a set of rules and regulations implementing its powers under the Act. NOW, THEREFORE, BE IT RESOLVED as follows: 1. That the attached set of "Rules and Regulations of the City of Anaheim Redevelopment Agency Relating to its Commercial Development Financing Program" dated December 16 , 1980, is hereby approved and adopted. 2. That the Chairman is authorized and directed to execute said Rules and Regulations. 3. That the Project is found by the Agency to constitute a "residence" within the meaning of that term in the Act. THE FOREGOING RESOLUTION is approved and adopted by the Anaheim Redevelopment Agency this 16th day ofj ?pcember, 1980. 4 ' CHAIR AHEIM REDEVE PMENT AGENCY SECRETARY ANAHEIM REDEVELOPMENT AGENCY FAL : j h STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) I, LINDA D. ROBERTS, Secretary of the Anaheim Redevelopment Agency, do hereby certify that the foregoing Resolution No. ARA80 -45 was passed and adopted at a regular meeting of the Anaheim Redevelopment Agency held on the 16th day of December, 1980, by the following vote of the members thereof: AYES: AGENCY MEMBERS: Overholt, Kaywood, Bay, Roth and Seymour NOES: AGENCY MEMBERS: None ABSENT: AGENCY MEMBERS: None AND I FURTHER CERTIFY that the Chairman of the Anaheim Redevelopment Agency signed said Resolution on the 16th day of December, 1980. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 16th day of December, 1980. SECRET OF THE ANAHE REDEVELOPMENT AGENCY (SEAL)