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SA FULL PACKET 2016-11-15
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SA FULL PACKET 2016-11-15
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Last modified
11/15/2016 9:30:42 AM
Creation date
11/15/2016 9:30:19 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Date
11/15/2016
Destruction Year
2021
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1. SPECIAL MEETING MINUTES OF AUGUST 16, 2016 <br />MOTION: Approve Minutes. <br />2. EXCUSED ABSENCES <br />MOTION: Excuse Agency Member Tinajero from said meeting. <br />* *END OF CONSENT CALENDAR ** <br />BUSINESS CALENDAR <br />JOINT SESSIONS OF THE SUCCESSOR AGENCY AND THE CITY COUNCIL <br />3. RESOLUTION APPROVING A PLAN FOR SPENDING EXCESS 2003 <br />SERIES A TAX ALLOCATION BONDS AND AUTHORIZING A BOND <br />PROCEEDS EXPENDITURE AGREEMENT; APPROPRIATION <br />ADJUSTMENT TO TRANSFER 2003 SERIES A BOND PROCEEDS TO <br />THE CITY (STRATEGIC PLAN NOS. 4, 1 & 6, 1 G) <br />MOTION: <br />1. Adopt a resolution. <br />S.A. RESOLUTION NO. 2016 -002 - A RESOLUTION OF THE <br />SUCCESSOR AGENCY TO THE FORMER COMMUNITY <br />REDEVELOPMENT AGENCY OF THE CITY OF SANTA ANA (1) <br />APPROVING A PLAN FOR SPENDING EXCESS TAX ALLOCATION <br />BOND PROCEEDS (TAX ALLOCATION BONDS, SERIES 2003A), (2) <br />AUTHORIZING A BOND EXPENDITURE AGREEMENT WITH THE <br />CITY OF SANTA ANA TO TRANSFER SUCH FUNDS TO THE CITY <br />FOR BOND - ELIGIBLE PURPOSES, (3) DIRECTING THE TRANSFER <br />OF SUCH FUNDS TO THE CITY, AND (4) MAKING CERTAIN <br />FINDINGS IN CONNECTION THEREWITH <br />2. AGMT - Authorize the City Manager and the Clerk of the Council <br />to execute the Bond Proceeds Expenditure Agreement with the <br />City of Santa Ana to transfer current excess bond proceeds in the <br />amount of $2,515,560.32 and any future excess bond proceeds to <br />the City for capital improvements, subject to non - substantive <br />changes approved by the City Manager and City Attorney. <br />MOTION: Sarmiento <br />VOTE: AYES: <br />SECOND: Amezcua <br />Amezcua, Benavides, Pulido, Martinez, Reyna <br />Sarmiento (6) <br />MINUTES FOR CITY OF SANTA ANA OCTOBER 4, 2016 <br />ACTING AS SUCCESSOR AGENCY 1 d <br />
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