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PFA Item 02 - Board Consideration of Resolutions to Approve and Adopt City of Santa Ana Public
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PFA Item 02 - Board Consideration of Resolutions to Approve and Adopt City of Santa Ana Public
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5/13/2024 12:44:54 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
PFA 2
Date
5/7/2024
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Finance and Management Services <br />www.santa-ana.org/finance/ <br />Item # 2 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />May 7, 2024 <br />TOPIC: Resolutions to approve and adopt City of Santa Ana Public Financing Authority <br />Bylaws and intent to issue Water Revenue Refunding Bonds structured as Lease <br />Revenue Bonds <br />AGENDA TITLE <br />Board Consideration of Resolutions to Approve and Adopt City of Santa Ana Public <br />Financing Authority Bylaws and to Declare its Intent to Issue Water Revenue Refunding <br />Bonds Structured as Lease Revenue Bonds <br />RECOMMENDED ACTION <br />1. Adopt a Resolution of the Board of Directors of the City of Santa Ana Public <br />Financing Authority approving and adopting Bylaws, establishing regular meeting <br />dates, and authorizing certain other actions in connection therewith. <br />RESOLUTION NO. 2024-XXX entitled A RESOLUTION OF THE BOARD OF <br />DIRECTORS OF THE CITY OF SANTA ANA PUBLIC FINANCING AUTHORITY <br />APPROVING AND ADOPTING BYLAWS, ESTABLISHING REGULAR MEETING <br />DATES AND AUTHORIZING CERTAIN OTHER ACTIONS IN CONNECTION <br />THEREWITH <br />2. Adopt a Resolution of the Board of Directors of the City of Santa Ana Public <br />Financing Authority declaring its intent to issue Tax Exempt obligations to be used to <br />reimburse the City of Santa Ana for expenditures prior to the issuance of such <br />Bonds. <br />RESOLUTION NO. 2024-XXX entitled A RESOLUTION OF THE BOARD OF <br />DIRECTORS OF THE CITY OF SANTA ANA PUBLIC FINANCING AUTHORITY <br />DECLARING ITS INTENT TO ISSUE LEASE REVENUE BONDS TO BE USED TO <br />REIMBURSE THE CITY OF SANTA ANA PUBLIC FINANCING AUTHORITY FOR <br />EXPENDITURES PRIOR TO THE ISSUANCE OF SUCH BONDS <br />GOVERNMENT CODE §84308 APPLIES: No
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