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SA_AGENDA_2016-07-05
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SA_AGENDA_2016-07-05
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<br /> <br /> <br />BUSINESS CALENDAR <br />BUSINESS CALENDAR <br /> <br /> <br /> <br />3. RESOLUTION AUTHORIZING THE REFUNDING OF THE TAX <br />ALLOCATION BONDS, SERIES 2003 A & B {STRATEGIC PLAN NO. 4, 2D} <br /> <br /> RECOMMENDED ACTIONS: Approve Minutes. <br /> <br /> <br />1.Adopt a resolution. <br /> <br />RESOLUTION OF THE SUCCESSOR AGENCY TO THE COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA <br />AUTHORIZING THE ISSUANCE OF ITS SUCCESSOR AGENCY TO <br />THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF <br />SANTA ANA, TAX ALLOCATION REFUNDING BONDS (MERGED <br />PROJECT AREA), SERIES 2016; APPROVING A FORM OF INDENTURE, <br />A FORM OF BOND PURCHASE AGREEMENT AND A FORM OF <br />CONTINUING DISCLOSURE CERTIFICATE; MAKING CERTAIN <br />DETERMINATIONS RELATING THERETO; AND AUTHORIZING <br />CERTAIN OTHER ACTION IN CONNECTION THEREWITH <br /> <br /> <br />2.Authorize the City Manager and Clerk of the Council to execute <br />agreements with the following recommended firms through December 31, <br />2017 and confirm Urban Futures, Inc (“UFI”) as the financial advisor for <br />this transaction, based on the submitted fee proposals and evaluations in <br />order to provide refinancing services related to the refunding of the former <br />Community Redevelopment Agency of the City of Santa Ana, South Main <br />Street Redevelopment Project, Tax Allocation Bonds Series 2003A and <br />2003B, subject to non-substantive changes approved by the City Manager <br />and the City Attorney for the following amounts: <br /> <br /> <br />1.AGMT - Urban Futures, Inc. – Financial Advisor (not-to-exceed <br />$49,500); <br /> <br /> <br />2.AGMT - Stifel, Nicolaus & Company, Inc. – Underwriter (not-to- <br />exceed $102,500); <br /> <br /> <br />3.AGMT - Orrick, Herrington & Sutcliffe LLP – Bond Counsel (not-to- <br />exceed $50,000); <br /> <br /> <br />4.AGMT - Best Best & Krieger LLP – Disclosure Counsel (not-to- <br />exceed $31,000); and <br /> <br /> <br />5.AGMT - Keyser Marston Associates, Inc. – Fiscal Consultant (not-to- <br />exceed $37,500) <br /> <br /> <br />AGENDA FOR CITY OF SANTA ANA 4 JULY 5, 2016 <br />ACTING AS SUCCESSOR AGENCY <br /> <br />
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