HomeMy WebLinkAboutTPFA MINUTES 1998 08 17 MINUTES
SPECIAL MEETING OF THE TUSTIN PUBLIC FINANCING AUTHORITY
CITY OF TUSTIN, CALIFORNIA
AUGUST 17, 1998
CALL TO ORDER
The meeting was called to order by Chair Saltarelli at 8:53 p.m. at the Council Chamber, 300
Centennial Way, Tustin, California.
ROLL CALL
Members Present:
Members Absent:
Recording Secretary:
Others Present:
Thomas R. Saltarelli, Chair
Tracy Wills Worley, Chair Pro Tem
Mike Doyle
Jim Potts
Jeffery M. Thomas
None
Pamela Stoker
William A. Huston, Executive Director
John Cavanaugh, Assistant City Attorney
Christine Shingleton, Assistant Executive Director
George Jeffries, City Treasurer
Elizabeth Binsack, Director of Community Development
Steve Foster, Chief of Police
Ronald A. Nault, Finance Director
Tim Serlet, Director of Public Works
Pat Sanchez, Director of Parks and Recreation Services
Dana Kasdan, Engineering Services Manager
Rita West-field, Assistant Director/Community Development
Valerie Crabill, Chief Deputy City Clerk
Dan Fox, Senior Planner
Doug Anderson, Senior Project Manager
Brad Evanson, Assistant Planner
Robert Schoenkopf, Police Captain
Dave Gottlieb, Senior Project Manager
Sam Altowaiji, Acting Field Services Manager
Approximately 15 in the audience
REGULAR BUSINESS (ITEM 1 )
1,
TUSTIN PUBLIC FINANCING AUTHOR]:TY REVENUE BONDS (TUSTIN RANCH)
SERIES C
It was moved by Thomas, seconded by Doyle, to adopt the following Resolution No. TPFA
98-1 of the Tustin Public Financing Authority authorizing the issuance of not to exceed
$4,195,000 aggregate principal amount of Tustin Public Financing Authority Bonds (Tustin
Ranch), Series C, approving the execution and delivery of a Second Supplemental
Indenture of Trust and Bond Purchase Agreements, and preparation of an Official
Statement and other matters related thereto; approving forms of the Second Supplemental
Indenture of Trust, Bond Purchase Agreement for City Bonds, Bond Purchase Agreement
for Authority Bonds, and the preliminary Official Statement:
RESOLUTION NO. TPFA 98-1 - A RESOLU-I~ON OF THE BOARD OF DIRECTORS OF THE
TUST[N PUBLIC FINANCING AUTHORITY AUTHOI~ZING THE ISSUANCE OF NOT TO
EXCEED $4,195,000 AGGREGATE PP~NCIPAL AMOUNT OF TUST~N PUBLIC FINANCING
AUTHORITY REVENUE BONDS (TUST[N RANCH), SEPSES C, APPROVING THE EXECU'I'~ON
AND DELIVERY OF A SECOND SUPPLEMENTAL INDENTURE OF TRUST AND BOND
PURCHASE AGREEMENTS AND THE PREPARATION OF AN OFFICIAL STATEMENT AND
OTHER MATTERS RELATED THERETO
Motion carried 5-0.
340-25
OTHER BUSINESS - None
FINANCING AUTHORITY MINUTES
Page 2, 8-17-98
AD3OURNMENT
Chair Saltarelli adjourned the meeting at 8:53 p.m.
PAME-I.~' sT'~KE~ ~'E~OI~'Z~G SECRETARY
THOMAS R. SA~TARELLZ, CHAZR