HomeMy WebLinkAboutSPSRJPFA Minutes 2002-09-16
(Spec.) SRJPFA 9/16/2002 Page 1
IN THE COUNCIL CHAMBER OF THE CITY OF SAN RAFAEL, MONDAY, SEPTEMBER 16, 2002 AT 7:30 PM
San Rafael Joint Powers Financing Authority Present: Albert J. Boro, Board Chairman
Special Meeting Paul M. Cohen, Board Member
Cyr N. Miller, Board Member
Gary O. Phillips, Board Member
Absent: Barbara Heller, Board Member
Also Present: Jeanne M. Leoncini, Board Secretary
7:56 PM
2002 AUTHORITY REVENUE BONDS (RA) – FILE FA-4
1.
RESOLUTION OF THE CITY OF SAN RAFAEL JOINT POWERS FINANCING AUTHORITY
AUTHORIZING THE PURCHASE AND SALE OF NOT TO EXCEED $27,500,000 PRINCIPAL
AMOUNT OF SAN RAFAEL REDEVELOPMENT AGENCY CENTRAL SAN RAFAEL
REDEVELOPMENT PROJECT TAX ALLOCATION REFUNDING BONDS, SERIES 2002, UPON
CERTAIN TERMS AND CONDITIONS, AND PROVIDING OTHER MATTERS PROPERLY RELATING
THERETO
Economic Development Coordinator Stephanie Lovette stated this was the second piece of the three-
piece action allowing the Joint Powers Financing Authority to sell the bonds to the underwriter, having
purchased them from the Redevelopment Agency.
Board Member Phillips moved and Board Member Miller seconded, to adopt the resolution.
RESOLUTION NO. FA-02-1 – RESOLUTION OF THE CITY OF SAN RAFAEL JOINT
POWERS FINANCING AUTHORITY AUTHORIZING THE
PURCHASE AND SALE OF NOT TO EXCEED $27,500,000
PRINCIPAL AMOUNT OF SAN RAFAEL REDEVELOPMENT
AGENCY CENTRAL SAN RAFAEL REDEVELOPMENT
PROJECT TAX ALLOCATION REFUNDING BONDS, SERIES
2002, UPON CERTAIN TERMS AND CONDITIONS, AND
PROVIDING OTHER MATTERS PROPERLY RELATING
THERETO
AYES: BOARD MEMBERS: Cohen, Miller, Phillips and Chairman Boro
NOES: BOARD MEMBERS: None
ABSENT: BOARD MEMBERS: Heller
There being no further business the San Rafael Joint Powers Financing Authority Special Meeting was
adjourned at 7:57 p.m.
_________________________________________________
JEANNE M. LEONCINI, BOARD SECRETARY
(Spec.) SRJPFA MINUTES 09/16/2002 Page 1