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<br /> <br />2.AGMT - Authorize the City Manager and the Clerk of the Council to <br />execute the Bond Proceeds Expenditure Agreement with the Successor <br />Agency to the former Community Redevelopment Agency to receive <br />current excess bond proceeds in the amount of $260,695 and any future <br />excess bond proceeds, and to expend the funds for capital improvements, <br />subject to non-substantive changes approved by the City Manager and <br />City Attorney. <br /> <br /> <br />3.Approve an appropriation adjustment. (Requires five affirmative votes) <br /> <br />APPROPRIATION ADJUSTMENT NO. 2017-038 - Recognizing $260,695 in <br />the Successor Agency’s 2011 Series A Bonds prior year carry forward account <br />and appropriating same to the expenditure account (no. 65418020-69142); <br />approve an appropriation adjustment recognizing $260,695 in the Parking Fund <br />in revenue account and appropriating same to expenditure account. <br /> <br /> <br />COMMENTS <br /> <br /> <br />5. CITY COUNCIL ACTING AS SUCCESSOR AGENCY COMMENTS <br /> <br /> AT THIS TIME the City Council acting as Successor Agency may comment on non- <br />agenda matters and ask questions of or give directions to staff. NO action may be <br />taken on non-agenda items unless authorized by law. <br /> <br /> <br /> <br />ADJOURNMENT <br /> <br />AGENDA FOR CITY OF SANTA ANA 6 OCTOBER 4, 2016 <br />ACTING AS SUCCESSOR AGENCY <br />