Harbor Bancorp & Subsidiaries - Page 9

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               Also as required under the Brown Act, the Housing Authority            
          gave notice by distributing several hundred copies of its agenda            
          throughout Riverside County at least 72 hours in advance of its             
          hearings.  The copies were distributed to all personnel in the              
          office of the clerk of the board of supervisors, members of the             
          board of supervisors, local news media (including the Press                 
          Enterprise), the county courthouse (for public posting in the               
          clerk's office), all county offices, and a list of developers and           
          attorneys.  The notices stated that at the December 3, 1985,                
          meeting of the board of supervisors and Housing Authority,                  
          consideration would be given to "Resolution 85-709 approving the            
          issuance of bonds by the Housing Authority of the County of                 
          Riverside for the SBE Development Corp. Project ($17,200,000)."             
          A notice for a special meeting of the Housing Authority on                  
          December 10, 1985, announced that the Housing Authority would               
          give consideration to "Resolution 85-052 approving the Whitewater           
          Garden Apartments Multi-family issuance of tax-exempt revenue               
          bonds and approving documentation for issuance of revenue bonds."           
               Early in December 1985, the board of supervisors of                    
          Riverside County authorized the issuance of the Whitewater bonds            
          in the amount of $17,200,000 and, a week later, transferred its             
          rights and duties with respect to such issuance to the Housing              
          Authority.                                                                  







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