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<br />BUSINESS CALENDAR <br /> <br />21. <br />proposed Unfunded Employee Pension Liability Cost Reduction Policy <br /> <br />Department(s): Finance and Management Services <br /> <br />Recommended Action: 1. Determine whether to proceed with refinancing any <br />portion of the pension debt. If City Council wishes to proceed with pension debt <br />refinancing: <br /> <br />a. Direct staff to propose a contract for bond counsel services to prepare a <br />resolution for City Council consideration authorizing the sale of pension <br />obligation bonds, which is necessary to begin the court validation process to <br />refinance the pension debt; and <br /> <br />b. Adopt the proposed Unfunded Employee Pension Liability Cost Reduction <br />Policy. <br /> <br /> <br />**END OF BUSINESS CALENDAR** <br /> <br /> <br /> <br /> <br /> <br />PUBLIC HEARINGS <br /> <br />23. (Revised, previously Item 22) Public Hearing Appeal Application Nos. 2020-03 <br />and 2020-04 appealing the decision of the Planning Commission to approve Site <br />Plan Review No. 2020-04 to allow construction of the Central Pointe Mixed-Use <br />Development Project located at 1801 East Fourth Street (Property Owner: Park <br />Center Santa Ana Associates L.P. and Applicant: Waterford Property Company) <br /> <br />Legal Notice published in the Orange County Reporter on January 8, 2021 and <br />notices mailed on January 7, 2021. <br /> <br />Continued from the January 19, 2021 City Council Meeting. <br /> <br />Department(s): Planning and Building Agency <br /> <br />Recommended Action: Resolution No. 2021-XXX Adopt a resolution denying <br />Appeal Application Nos. 2020-03 and 2020-04 and uphold the Planning <br /> <br />City Council 13 2/2/2021 <br /> <br /> <br /> <br />