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Item PFA-3 - Water Revenue Bonds
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Item PFA-3 - Water Revenue Bonds
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Last modified
5/30/2024 4:32:57 PM
Creation date
5/29/2024 6:14:44 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
PFA-3
Date
6/4/2024
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Finance and Management Services <br />www.santa-ana.org/finance <br />Item # 3 <br />Santa Ana Public Financing Authority <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />June 4, 2024 <br />TOPIC: Water Revenue Bonds <br />AGENDA TITLE <br />Resolution of the Santa Ana Public Financing Authority Authorizing the Issuance and <br />Sale of Water Revenue Bonds, Series 2024 <br />RECOMMENDED ACTION <br />1. Adopt Resolution No. SAPFA 2024-XXX authorizing the Issuance of the Santa Ana <br />Financing Authority's Water of Santa Ana Water Revenue Bonds, Series 2024 ("the <br />Bonds") <br />RESOLUTION NO. SAPFA 2024-XXX entitled RESOLUTION OF THE <br />GOVERNING BOARD OF THE SANTA ANA PUBLIC FINANCING AUTHORITY <br />AUTHORIZING THE EXECUTION AND DELIVERY BY THE AUTHORITY OF A <br />MASTER INSTALLMENT PURCHASE AGREEMENT, A FIRST SUPPLEMENT TO <br />MASTER INSTALLMENT PURCHASE AGREEMENT, AN INDENTURE, AN <br />ESCROW AGREEMENT AND A PURCHASE AGREEMENT IN CONNECTION <br />WITH THE ISSUANCE OF SANTA ANA PUBLIC FINANCING AUTHORITY WATER <br />REVENUE BONDS, SERIES 2024, AUTHORIZING THE ISSUANCE OF SUCH <br />BONDS IN AN AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED <br />$47,000,000, AUTHORIZING THE DISTRIBUTION OF AN OFFICIAL STATEMENT <br />IN CONNECTION WITH THE OFFERING AND SALE OF SUCH BONDS, AND <br />AUTHORIZING THE EXECUTION OF NECESSARY DOCUMENTS AND <br />CERTIFICATES AND RELATED ACTIONS <br />2. Authorize the execution of and approving a form of the Master Installment Purchase <br />Agreement, First Supplement to the Master Installment Purchase Agreement, <br />Escrow Agreement, Bond Purchase Agreement, Indenture of Trust, and Preliminary <br />Official Statement. <br />GOVERNMENT CODE §84308 APPLIES: No <br />
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