HomeMy WebLinkAbout110315-SA_CCv0001.pdf MINUTES of a regular meeting of the Board of Directors of the Successor Agency to the
Redevelopment Agency of the City of Redlands held in the Council Chambers,
Civic Center, 35 Cajon Street, on November 3, 2015, at 8:37 P.M.
PRESENT Paul Foster, Chairman
Jon Harrison, Vice Chairman
Pat Gilbreath, Boardmember
Paul Barich, Boardmember
John James, Boardmember
ABSENT None
STAFF N. Enrique Martinez, Executive Director; Daniel J. McHugh, Agency Attorney;
Sam Irwin, Agency Secretary; Tina Kundig, Finance Director; and Oscar Orci,
Development Services Director
Chairman Foster called the meeting to order and offered anyone present the
opportunity to address the Board on any subject, not already on the agenda,
within the jurisdiction of the Successor Agency.
PUBLIC COMMENTS
None forthcoming
CONSENT CALENDAR
Minutes — On motion of Ms. Gilbreath, seconded by Mr. James, the minutes of
the regular meeting on October 6, 2015.
Resolution No. 476 — Bond Issuance — Finance Director summarized the
financial benefits of refinancing outstanding Redevelopment Agency (RDA)
bonds. On motion of Ms. Gilbreath, seconded by Mr. James, the Board
unanimously approved Resolution No. 476 authorizing the issuance of bonds to
refund the outstanding RDA of the City of Redlands Tax Allocation Bonds
Series 1998A, Series 2003A, and Series 2007A ("Outstanding TABS"),
approving the form of an Indenture of Trust, and taking other actions in
connection therewith.
ADJOURNMENT
There being no further business, the meeting of the Successor Agency to the
Redevelopment Agency adjourned at 8:40 P.M. The next regular meeting of
this Board will be held on December 1, 2015.
Successor Agency
November 3, 2015
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