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HomeMy WebLinkAboutSAFA AGENDA 08-20-07CITY OF SANTA ANA SANTA ANA FINANCING AUTHORITY AGENDA AUGUST 20, 2007 6:00 PM CALL TO ORDER CHAIRPERSON PULIDO Authority Members: ALVAREZ, BENAVIDES, BUSTAMANTE, MARTINEZ, SARMIENTO, TINAJERO City Manager, City Attorney, Clerk of the Council Recommended action: Approve staff recommendations on the following Consent Calendar items. ADMINISTRATIVE MATTERS MINUTES Recommended action: Approve minutes. 1. REGULAR MEETING MINUTES OF MARCH 5, 2007 * * * END OF CONSENT CALENDAR 2. PUBLIC HEARING -RESOLUTION EXECUTING AGREEMENTS AND AUTHORIZING VALIDATION PROCESS FOR LOCAL STREET FINANCING PLAN SANTA ANA FINANCING AUTHORITY AGENDA 1 AUGUST 20, 2007 Legal Notice published in the O.C. Reporter on August 13, 2007 Recommended Actions: SANTA ANA FINANCING AUTHORITY ACTION Adopt a resolution. SAFA RESOLUTION - A Resolution of the governing Board of the Santa Ana Financing Authority authorizing the execution and delivery by the authority of an Installment Sale Agreement and a Trust Agreement in connection with the execution and delivery of City of Santa Ana, County of Orange, California, Certificates of Participation, 2007 Gas Tax Secured Local Street Improvement Project, authorizing the execution and delivery of such certificates in an aggregate principal amount of not to exceed $70,000,000 and authorizing the execution of necessary documents and certificates and related actions CITY COUNCIL ACTION Adopt a resolution. RESOLUTION - A Resolution of the City Council of the City of Santa Ana approving the execution and delivery of City of Santa Ana, County of Orange, California, Certificates of Participation, 2007 Gas Tax Secured Local Street Improvement Project, pursuant to a trust agreement, authorizing the execution and delivery of an installment sale agreement and the filing of a validation action, and other matters relating thereto 3. PUBLIC COMMENTS AT THIS TIME the members of the public may address the Authority regarding any non-agenda items within the subject matterjurisdiction of the Financing Authority. NO action may be taken on non-agenda items unless authorized by law. WHEN SPEAKING, please state your name and address for the record. Limit your remarks to three (3) minutes. The number of speakers and allotted time may be limited at the discretion of the Authority members. SANTA ANA FINANCING AUTHORITY AGENDA 2 AUGUST 20, 2007 4. AUTHORITY MEMBER COMMENTS AT THIS TIME authority members may comment on non-agenda matters and ask questions of or give directions to staff. NO action may be taken on non- agenda items unless authorized by law. ADJOURNMENT SANTA ANA FINANCING AUTHORITY AGENDA 3 AUGUST 20, 2007 CITY OF SANTA ANA SANTA ANA FINANCING AUTHORITY AGENDA AUGUST 20, 2007 6:00 PM CALL TO ORDER CHAIRPERSON PULIDO Authority Members: ALVAREZ, BENAVIDES, BUSTAMANTE, MARTINEZ, SARMIENTO, TINAJERO City Manager, City Attorney, Clerk of the Council CONSENT CALENDAR Recommended action: Approve staff recommendations on the folro~i~~~ ~,~nsent Calendar items. g "~~"O ~ AT ~- /s Ate r ~9 ADMINISTRATIVE MATTERS PUR~U~.trT TC CPrt.I~~~~tA MINUTES Recommended action: ~ ~, Approve minutes. ~a~ PATRtCtAE. HEP.l.Y Gt..~~(~ Ti~~ CC~.s 1. REGULAR MEETING MINUTES OF MARCH 5, 2007 * * * END OF CONSENT CALENDAR ~` JOINT SESSION BETWEEN THE CITY COUNCIL AND THE SANTA ANA FINANCING AUTHORITY 2. PUBLIC HEARING -RESOLUTION EXECUTING AGREEMENTS AND AUTHORIZING VALIDATION PROCESS FOR LOCAL STREET FINANCING PLAN SANTA ANA FINANCING AUTHORITY AGENDA 1 AUGUST 20, 2007