HomeMy WebLinkAboutSRJPFA Minutes 2009-11-16(Spec.) SRJPFA 11/16/2009 Page 1
IN THE COUNCIL CHAMBER OF THE CITY OF SAN RAFAEL, MONDAY, NOVEMBER 16, 2009 AT 8:13 PM
San Rafael Joint Powers Financing Authority
Special Meeting
Also Present: Ken Nordhoff, City Manager
Robert F. Epstein, City Attorney
Esther C. Beirne, Board Secretary
Present: Albert J. Boro, Board Chair
Greg Brockbank, Board Member
Damon Connolly, Board Member
Cyr N. Miller, Board Member
Absent: Barbara Heller, Board Member
1. RESOLUTION OF THE SAN RAFAEL JOINT POWERS FINANCING AUTHORITY AUTHORIZING THE
PURCHASE AND SALE OF NOT TO EXCEED $16,000,000 AGGREGATE PRINCIPAL AMOUNT OF SAN
RAFAEL REDEVELOPMENT AGENCY CENTRAL SAN RAFAEL REDEVELOPMENT PROJECT TAX
ALLOCATION REFUNDING BONDS. SERIES 2009. UPON CERTAIN TERMS AND CONDITIONS. AND
PROVIDING OTHER MATTERS PROPERLY RELATING THERETO (RA). — FILE FA 4.1
Nancy Mackle, Economic Development Director, stated that this was a refunding of the Redevelopment Agency
bonds, which would allow additional funds to be raised for the Agency.
Board Member Miller moved and Board Member Brockbank seconded, to adopt the Resolution.
RESOLUTION NO. FA 2009-01 — RESOLUTION OF THE CITY OF SAN RAFAEL JOINT POWERS FINANCING
AUTHORITY AUTHORIZING THE PURCHASE AND SALE OF NOT TO
EXCEED $16,000,000 PRINCIPAL AMOUNT OF SAN RAFAEL
REDEVELOPMENT AGENCY CENTRAL SAN RAFAEL REDEVELOPMENT
PROJECT TAX ALLOCATION REFUNDING BONDS, SERIES 2009, UPON
CERTAIN TERMS AND CONDITIONS, AND PROVIDING OTHER MATTERS
PROPERLY RELATING THERETO
AYES: BOARD MEMBERS: Brockbank, Connolly, Miller and Chair 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
8:14 PM.
ESTHER C. BEIRNE, Board Secretary
APPROVED THIS DAY OF 12009
MAYOR OF THE CITY OF SAN RAFAEL
(Spec.) SRJPFA MINUTES 11/16/2009 Pagel