HomeMy WebLinkAbout2018-08-21 SAMINUTES OF THE SPECIAL MEETING
OF THE SUCCESSOR AGENCY OF THE CITY OF
SANTA ANA, CALIFORNIA
CALLED TO ORDER
AUGUST 21, 2018
COUNCIL CHAMBER
22 CIVIC CENTER PLAZA
SANTA ANA, CA
8:06 PM
ATTENDANCE AGENCY MEMBERS Present:
MIGUEL A. PULIDO, Chair
MICHELE MARTINEZ, Chair Pro Tem
P. DAVID BENAVIDES
JOSE SOLORIO
SAL TINAJERO
JUAN VILLEGAS
AGENCY MEMBERS Absent:
VICENTE SARMIENTO
STAFF Present:
RAUL GODINEZ II, City Manager
SONIA R. CARVALHO, Legal Counsel
MARIA D. HUIZAR, Recording Secretary
PUBLIC COMMENTS - None
CONSENT CALENDAR ITEMS
MOTION: Approve staff recommendations on the following Consent
Calendar Items: 1 through 3.
MOTION: Sarmiento SECOND: Tinajero
VOTE: AYES: Benavides, Martinez, Pulido, Tinajero, Villegas (5)
NOES: None (0)
ABSTAIN: None (0)
ABSENT: Sarmiento (1)
MINUTES FOR CITY OF SANTA ANA 1 AUGUST 21, 2018
ACTING AS SUCCESSOR AGENCY
1. SPECIAL MEETING MINUTES OF JULY 17, 2018 {STRATEGIC PLAN
NO. 5, 1)
MOTION: Approve Minutes.
2, EXCUSED ABSENCES
MOTION: Excuse the absence of Councilmember Sarmiento from
said meeting.
3. APPROVE AGREEMENTS WITH URBAN FUTURES INC., ORRICK,
HERRINGTON & SUTCLIFFE, LLP, AND BEST, BEST & KRIEGER, LLP
FOR BOND SERVICES PERTAINING TO THE REFUNDING OF THE
TAX ALLOCATION BONDS, SERIES 2003 A & B AND 2011A
{STRATEGIC PLAN NO. 4, 2D) — Community Development Agency
MOTION:
1) Authorize the City Manager and Clerk of the Council to execute an
agreement with Urban Futures Inc. for financial advisor & fiscal
consultant services related to the refunding of the Tax Allocation
Bonds for a one-year term beginning August 21, 2018 through
July 31, 2019, for a not -to -exceed amount of $60,000 for financial
advisor services and a not -to -exceed amount of $25,000 for fiscal
consultant services, subject to non -substantive changes
approved by the City Manager and the Agency Counsel.
2) Authorize the City Manager and Clerk of the Council to execute an
agreement with Orrick, Herrington & Sutcliffe, LLP for bond
counsel services related to the refunding of the Tax Allocation
Bonds for a one-year term beginning August 21, 2018 through
July 31, 2019, for a not -to -exceed amount of $66,500, subject to
non -substantive changes approved by the City Manager and the
Agency Counsel.
3) Authorize the City Manager and Clerk of the Council to execute an
agreement with Best, Best & Krieger, LLP for disclosure counsel
services related to the refunding of the Tax Allocation Bonds for a
one-year term beginning August 21, 2018 through July 31, 2019,
for a not -to -exceed amount of $52,500, subject to non -substantive
changes approved by the City Manager and the Agency Counsel.
MINUTES FOR CITY OF SANTA ANA 2 AUGUST 21, 2018
ACTING AS SUCCESSOR AGENCY
*`END OF CONSENT CALENDAR**
COMMENTS
4. CITY COUNCIL ACTING AS SUCCESSOR AGENCY COMMENTS
ADJOURNMENT - 8:06 P.M.
Maria D. Huizar,
Recording Secretary
MINUTES FOR CITY OF SANTA ANA 3 AUGUST 21, 2018
ACTING AS SUCCESSOR AGENCY