HomeMy WebLinkAboutDOC002-1_CCv0001.pdf MINUTES of a regular meeting of the Governing Board of the Redlands Financing
Authority of the City of Redlands held in the City Council Chambers, Civic
Center, 35 Cajon Street, at 6-56 P.M. on September 18, 2012
PRESENT Pete Aguilar, Chairman
Jon Harrison, Member
Jerry Bean, Member
Bob Gardner, Member
ABSENT Paul Foster, Vice Chairman
STAFF N. Enrique Martinez, Executive Director; Daniel J. McHugh, Attorney; Tina
Kundig, Controller/Treasurer; and Sam Irwin, Secretary
PUBLIC COMMENT
Norte forthcoming
CONSENT CALENDAR
Minutes - The minutes of the regular meeting of May 15, 2012, were approved
as submitted on motion of Mr. Foster, seconded by Mr. Gardner.
JOINT MEETING OF THE CITY COUNCIL AND THE REDLANDS FINANCING AUTHORITY
Consultinn Services — On motion of Mr. Harrison, seconded by Mr. Bean, the
City Council and the Board approved agreements between the City of
WIN Redlands, the Redlands Financing Authority and Best, Best & Krieger LLP, for
Bond Counsel and Disclosure Counsel Services, and with Citigroup Global
Markets, Inc., for potential refunding of the Redlands Financing Authority's
Series 1999 Water and Wastewater Revenue Refunding Bonds.
NEW BUSINESS
Resolutions No. 2012-07, 2012-08, 7217 and 7218 - Bond RefipgngN - On
motion of Mr. Harrison, seconded by Mr. Bean, the Board approved
Resolutions No. 2012-07 and 2012-08 authorizing the ice, sale and
delivery of not to exceed $5.2 million wastewater and $5.1 million water
revenue refunding bonds series 2012A,- and the City Council approved
Resolutions No. 7217 and 7218 approving wastewater and water trust
agreements, installment purchase agreements, escrow agreements and bond
purchase agreements; authorizing changes thereto and execution thereof;
approving the form of preliminary official statements and continuing disclosure
certificates, and authorizing related actions and execution of related
documents in connection therewith.
ADJOURNMENT
Redlards Firumcing Authority
Sephwtuber I8,2012
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The Governing Board's meeting of the Redlands Financing Authority was
adjourned at 7:03 P.M. to the next regular meeting scheduled for January 15,
2013.
Sam Irwin, re, ry
Redlands Financing Authority
September 18,2012
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