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AGENDA_2019-11-05
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AGENDA_2019-11-05
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11/4/2019 3:22:29 PM
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City Clerk
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Agenda
Agency
Clerk of the Council
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11/5/2019
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<br />**END OF CONSENT CALENDAR** <br /> <br /> <br /> <br /> <br />BUSINESS CALENDAR <br /> <br /> <br /> <br /> <br />RESOLUTIONS <br /> <br />55A. ADOPT A RESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF GAS <br />TAX REVENUE REFUNDING BONDS, SERIES 2019; MAKING CERTAIN <br />DETERMINATIONS RELATING THERETO; AND AUTHORIZING CERTAIN <br />OTHER ACTIONS IN CONNECTION THEREWITH {STRATEGIC PLAN NO. 4, <br />2D} – Finance and Management Services Agency <br /> <br />RECOMMENDED ACTION: <br /> <br />1. Adopt a resolution. <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />AUTHORIZING THE ISSUANCE AND SALE OF GAS TAX REVENUE <br />REFUNDING BONDS, SERIES 2019 TO REFINANCE OUTSTANDING <br />OBLIGATIONS, AUTHORIZING EXECUTION OF AN INDENTURE OF <br />TRUST, AND AUTHORIZING EXECUTION OF AND APPROVING RELATED <br />AGREEMENTS AND OFFICIAL ACTIONS <br /> <br />2. Authorize the execution of and approving a form of the Indenture of Trust, <br />Escrow Agreement, Preliminary Official Statement, Bond Purchase Agreement <br />and Continuing Disclosure Agreement (Agreement Nos. A-2019-XXX, A-2019- <br />XXX and A-2019-XXX). <br /> <br />3. Authorize the transfer of the reserve account of the Series 2007 Certificates of <br />Participation (“COPs”) in the amount of approximately $4,335,179, or the <br />amount reflected upon closing, to the respective fund and to apply such <br />proceeds to maximize the savings on the refunding. <br /> <br /> <br />55B. ADOPT A RESOLUTION AUTHORIZING A GRANT APPLICATION TO THE <br />DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR <br />SENATE BILL NO. 2 (SB 2) PLANNING GRANTS PROGRAM FUNDS <br />{STRATEGIC PLAN NO. 3, 2B} – Planning and Building Agency <br /> <br />RECOMMENDED ACTION: Adopt a resolution. <br /> <br />CITY COUNCIL AGENDA 11 NOVEMBER 5, 2019 <br /> <br /> <br />
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