CITY OF CARSON
REGULAR MEETING OF THE
public financing authority
CITY HALL COUNCIL CHAMBERS
701 EAST CARSON STREET
CARSON, CA 90745
THE
CARSON CITY COUNCIL/REDEVELOPMENT AGENCY/ PUBLIC FINANCING AUTHORITY REGULAR
MEETINGS ARE BROADCAST LIVE VIA TIME WARNER CABLE CHANNEL 35AS WELL AS VIA THE
INTERNET AT: HTTP://CI.CARSON.CA.US
June 2, 2009
5:00 P.M.
AGENDA POSTED: MAY 29, 2009
“In accordance with the Americans with
Disabilities Act of 1990, if you require a disability related modification or
accommodation to attend or participate in this meeting, including auxiliary
aids or services, please call the City Clerk’s office at 310-952-1720 at least
48 hours prior to the meeting.” (Government Code Section 54954.2)
CALL TO ORDER:
ROLL CALL:
APPROVAL OF CLOSED SESSION AGENDA:
CLOSED SESSION
(None) 5:00 P.M. – 5:45 P.M.
REPORT ON CLOSED SESSION
5:45
P.M. – 6:00 P.M.
PUBLIC FINANCING AUTHORITY
REGULAR BUSINESS MEETING
6:00 P.M.
INVOCATION: On May 16, 2006, the City Council unanimously approved the
offering of a brief invocation at the commencement of all meetings of the City
Council or Redevelopment Agency. In
doing so, the City Council is cognizant of its legal obligation to assure that
such invocations are “legislative prayers,” and that they do not purport to
advance any particular religion or religious denomination.
Consistent with
the so-called “Burbank” prayer decision, the City Council hereby admonishes
those who offer invocations to do so consistent with the current state of the
law – meaning that an invocation must not be used to identify, advance, or urge
a particular religious denomination, or identify a specific religion’s deity. This evening we are pleased that our
invocation will be offered by: PASTOR JONATHAN FERRIOL, PENTECOSTAL CHURCH
OF CHRIST
APPROVAL
OF REGULAR BUSINESS AGENDA:
Mayor/Chairman/President requests the audience
to fill out Speaker Forms to indicate those items on which they want to speak,
and give them to the City Clerk/Agency Secretary/Authority Secretary at the
beginning of the meeting, in order to be recognized by the
Mayor/Chairman/President. Agenda
arranged so that speakers may be heard early.
Council/Agency/Authority to indicate items to be pulled.
APPROVAL
OF MINUTES:
TUESDAY,
DECEMBER 19, 2006 (REGULAR)
PFA Oral Comm - Adjourn
ORAL COMMUNICATIONS (MEMBERS OF THE PUBLIC)
NOTICE TO THE
PUBLIC
Public
testimony may be given on any agenda item as it is called and will be LIMITED
TO THREE MINUTES
ORAL COMMUNICATIONS – MEMBERS OF THE PUBLIC
This is the appropriate time for members of the
general public to address those matters under the jurisdiction of the
Council/Agency/Authority, and not on the posted Agenda. Any person wishing to address the
Council/Agency/Authority is requested to complete a Speaker Form, available on
the podium in the Council Chambers.
TESTIMONY WILL BE LIMITED TO THREE MINUTES PER PERSON. Under the provisions of the Brown Act, no
action can be taken on these items, and there can be no discussion of the
items, other than to place it on the agenda for a future meeting.
ITEM NO. (1) CONSIDERATION OF RESOLUTION NO. 09-1
AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT BY AND
AMONG THE CARSON REDEVELOPMENT AGENCY, THE CARSON PUBLIC FINANCING AUTHORITY
AND THE UNDERWRITER NAMED THEREIN AND ACTION RELATED THERETO (ECONOMIC
DEVELOPMENT)
THIS
IS A COMPANION AGENDA ITEM WITH AGENCY ITEM NO. 6 AND COUNCIL ITEM NO. 22
RECOMMENDATION
for the Public Financing Authority:
1.
WAIVE
further reading and ADOPT Resolution No. 09-1, “A RESOLUTION OF
THE CARSON PUBLIC FINANCING AUTHORITY OF THE CITY OF CARSON, CALIFORNIA,
AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT BY AND
AMONG THE CARSON REDEVELOPMENT AGENCY OF THE CITY OF CARSON, CALIFORNIA, THE CARSON PUBLIC
FINANCING AUTHORITY AND THE UNDERWRITER NAMED THEREIN AND ACTION RELATED
THERETO.”
ACTION:
ITEM NO. (2) CONSIDERATION OF RESOLUTION NO. 09-2
AUTHORIZING THE ISSUANCE OF NOT-TO-EXCEED $15,000,000.00 OF CARSON PUBLIC
FINANCING AUTHORITY LEASE REVENUE BONDS (REMEDIATION PROJECT), SERIES 2009,
APPROVING AND AUTHORIZING THE EXECUTION OF
A TRUST AGREEMENT, A SITE LEASE, A FACILITY LEASE, AN INSTALLMENT
PAYMENT CONTRACT, A PURCHASE CONTRACT, APPROVING A PRELIMINARY OFFICIAL
STATEMENT, AND APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY OF VARIOUS
RELATED DOCUMENTS IN CONNECTION WITH THE OFFERING AND SALE OF SUCH BONDS AND
OTHER MATTERS RELATED THERETO (ECONOMIC
DEVELOPMENT)
THIS IS A COMPANION AGENDA ITEM WITH AGENCY ITEM NO. 7 AND
COUNCIL ITEM NO. 18
RECOMMENDATION
for the Public Financing Authority:
1.
WAIVE further
reading and ADOPT Resolution No.
09-2, “A RESOLUTION OF THE CARSON PUBLIC
FINANCING AUTHORITY OF THE CITY OF CARSON, CALIFORNIA, AUTHORIZING THE ISSUANCE
OF NOT-TO-EXCEED $15,000,000.00 PRINCIPAL AMOUNT OF CARSON PUBLIC FINANCING
AUTHORITY LEASE REVENUE BONDS (REMEDIATION PROJECT), SERIES 2009, APPROVING AND
AUTHORIZING THE EXECUTION OF A TRUST AGREEMENT, A SITE LEASE, A FACILITY LEASE,
AN INSTALLMENT PAYMENT CONTRACT, A PURCHASE CONTRACT, APPROVING A PRELIMINARY
OFFICIAL STATEMENT, AND APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY OF
VARIOUS RELATED DOCUMENTS IN CONNECTION WITH THE OFFERING AND SALE OF SUCH
BONDS AND OTHER MATTERS RELATED THERETO.”
ACTION:
ORDINANCE
SECOND READING: (None)
ORAL
COMMUNICATIONS I (STAFF)
ORAL
COMMUNICATIONS II (COUNCIL/AGENCY/PUBLIC FINANCING AUTHORITY)
UNFINISHED/CONTINUED CLOSED SESSION ITEMS
REPORT ON CLOSED
SESSION