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2019-11-05 Regular
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2019-11-05 Regular
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City Clerk
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Minutes
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11/5/2019
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<br /> <br />BUSINESS CALENDAR <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 OTHER <br />ACTIONS IN CONNECTION THEREWITH {STRATEGIC PLAN NO. 4, 2D} - Finance <br />and Management Services Agency <br /> <br />1. Adopt a resolution. RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF SANTA ANA AUTHORIZING THE ISSUANCE AND SALE OF GAS TAX <br />REVENUE REFUNDING BONDS, SERIES 2019 TO REFINANCE <br />OUTSTANDING OBLIGATIONS, AUTHORIZING EXECUTION OF AN <br />INDENTURE OF TRUST, AND AUTHORIZING EXECUTION OF AND <br />APPROVING RELATED AGREEMENTS AND OFFICIAL ACTIONS <br />2. Authorize the execution of and approving a form of the Indenture of Trust, <br />Escrow Agreement, Preliminary Official Statement, Bond Purchase <br />Agreement and Continuing Disclosure Agreement (Agreement Nos. A-2019- <br />XXX, A-2019-XXX and A-2019-XXX). <br />3. Authorize the transfer of the reserve account of the Series 2007 Certificates <br />amount reflected upon closing, to the respective fund and to apply such <br />proceeds to maximize the savings on the refunding. <br />Councilmember Solorio motioned to approve item 55A and adopt Resolution No. 2019- <br />101, Agreement Nos. A-2019-206-01, A-2019-206-02, A-2019-206-03, A-2019-206-04, <br />and A-2019-206-05, seconded by Councilmember Sarmiento. <br /> <br />MOTION: Councilmember SECOND: Councilmember Sarmiento <br />Solorio <br />VOTE: AYES: Councilmember Penaloza, Councilmember <br />Iglesias, Councilmember Solorio, Mayor <br />Pulido, Mayor Pro Tem Villegas, <br />Councilmember Sarmiento (6) <br /> <br /> NOES: None (0) <br /> <br /> ABSTAIN: None (0) <br /> <br /> ABSENT: None (0) <br /> <br /> <br />55B. ADOPT A RESOLUTION AUTHORIZING A GRANT APPLICATION TO THE <br />DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR SENATE <br />BILL NO. 2 (SB 2) PLANNING GRANTS PROGRAM FUNDS {STRATEGIC PLAN NO. <br />3, 2B} Planning and Building Agency <br />/L /h <br />b/L\[ aLb <br />9{ ЊЎ bh9a.9w ЎͲ ЋЉЊВ <br /> <br />
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