HomeMy WebLinkAbout2014-07-15 SAFAMINUTES OF THE SPECIAL MEETING
OF THE SANTA ANA FINANCING AUTHORITY
SANTA ANA, CALIFORNIA
CALLED TO ORDER
JULY 15, 2014
COUNCIL CHAMBER
22 CIVIC CENTER PLAZA
SANTA ANA, CA
7:13 P.M.
ATTENDANCE AUTHORITY MEMBERS Present:
MIGUEL PULIDO, Chair
SAL TINAJERO, Chair Pro Tem
ANGELICAAMEZCUA
P. DAVID BENAVIDES
MICHELE MARTINEZ
ROMAN REYNA
VINCENT F. SARMIENTO
PUBLIC COMMENTS — None
AUTHORITY MEMBERS Absent: None
STAFF Present:
DAVID CAVAZOS, City Manager
SONIA R. CARVALHO, Authority Counsel
MARIA D. HUIZAR, Authority Secretary
s r. -
MOTION: Approve staff recommendations on the following Consent
Calendar items: Items 1 and 2.
MOTION: Martinez
VOTE:
SAFA MINUTES
AYES:
NOES:
ABSTAIN:
ABSENT:
SECOND: Benavides
Amezcua, Benavides, Martinez, Pulido, Reyna,
Sarmiento, Tinajero (7)
None (0)
None (0)
None (0)
1
JULY 15, 2014
1. REGULAR MEETING MINUTES OF JUNE 3, 2014. {STRATEGIC PLAN
NO. 5, 1) — CLERK OF THE COUNCIL OFFICE
MOTION: Approve Minutes.
2. EXCUSED ABSENCES — None
**END OF CONSENT CALENDAR**
JOINT SESSIONS OF THE CITY COUNCIL AND THE SANTA ANA FINANCING
AUTHORITY (10:15 P.M.)
3. RESOLUTIONS EXECUTING AGREEMENTS AND FINANCING
DOCUMENTS RELATED TO REFINANCING THE 2004 WATER
SYSTEM BONDS (STRATEGIC PLAN NO. 4, 2D) - Finance &
Management Services
MOTION: Adopt a resolution.
SAFA RESOLUTION NO. 2014-004 - RESOLUTION OF THE
GOVERNING BOARD OF THE SANTA ANA FINANCING AUTHORITY
AUTHORIZING THE EXECUTION AND DELIVERY BY THE AUTHORITY
OF A MASTER INSTALLMENT PURCHASE AGREEMENT, A FIRST
SUPPLEMENT TO MASTER INSTALLMENT PURCHASE AGREEMENT,
AN INDENTURE, AN ESCROW AGREEMENT AND A PURCHASE
CONTRACT IN CONNECTION WITH THE ISSUANCE OF SANTA ANA
FINANCING AUTHORITY WATER REVENUE REFUNDING BONDS,
SERIES 2014 (PAYABLE SOLELY FROM INSTALLMENT PAYMENTS
SECURED BY WATER SYSTEM NET REVENUES), APPROVING THE
ISSUANCE OF SUCH BONDS IN AN AGGREGATE PRINCIPAL
AMOUNT OF NOT TO EXCEED $17,000,000, AUTHORIZING AN
OFFICIAL STATEMENT IN CONNECTION WITH THE OFFERING AND
SALE OF SUCH BONDS AND AUTHORIZING THE EXECUTION OF
NECESSARY DOCUMENTS AND CERTIFICATES AND RELATED
ACTIONS
MOTION: Martinez SECOND: Sarmiento
VOTE: AYES: Amezcua, Martinez, Reyna, Sarmiento, Tinajero
(5)
SAFA MINUTES 2 JULY 15, 2014
NOES: None (0)
ABSTAIN: None (0)
ABSENT: Benavides, Pulido (2)
COMMENTS
4. SANTA ANA FINANCING AUTHORITY MEMBER COMMENTS - None
ADJOURNMENT - 7:14 P.M.
Maria Huizar,
Authority Secretary
SAFA MINUTES 3 JULY 15, 2014