HomeMy WebLinkAboutTPFA MINUTES 1999 11 01 MINUTES
SPECIAL MEETING OF THE TUSTIN PUBLIC FINANCING AUTHORITY
CITY OF TUSTIN, CALIFORNIA
NOVEMBER 1, 1999
CALL TO ORDER
The meeting was called to order by Chair Worley at 8:12 p.m. at the Council Chamber, 300
Centennial Way, Tustin, California.
ROLL CALL
Members Present:
Members Absent:
Recording Secretary:
Others Present:
REGULAR BUSINESS
Tracy Wills Worley, Chair
Jeffery M. Thomas, Chair Pro Tem
Mike Doyle
Jim Potts
Thomas R. Saltarelli
None
Pamela Stoker
William A. Huston, City Manager
Christine Shingleton, Assistant City Manager
John Cavanaugh, Acting City Attorney
George Jeffries, City Treasurer
Elizabeth Binsack, Director of Community Development
Steve Foster, Chief of Police
Tim Serlet, Director of Public Works
Ronald A. Nault, Finance Director
Pat Sanchez, Director of Parks and Recreation Services
Dana Kasdan, Engineering Services Manager
Rita Westfield, Asst. Director, Community Development
Valerie Crabill, Chief Deputy City Clerk
Doug Anderson, Senior Project Manager
Karen Peterson, Senior Planner
Scott Reekstin, Acting Senior Planner
Brad Evanson, Assistant Planner
Justina Willkom, Associate Planner
Approximately 40 in the audience
(ITEM 1 )
1. TUSTIN PUBLIC FINANCING AUTHORITY REVENUE BONDS (TUSTIN RANCH)
SERIES D
It was moved by Doyle, seconded by Thomas, to adopt the following Resolution No.
TPFA 99-1 of the Tustin Public Financing Authority authorizing the issuance of not to
exceed $5,200,000 aggregate principal amount of Tustin Public Financing Authority
Bonds (Tustin Ranch), Series D, approving the execution and delivery of a Third
Supplemental Indenture of Trust and Bond Purchase Agreements, and preparation of
an Official Statement and other matters related thereto; approving forms of the Third
Supplemental Indenture of Trust, Bond Purchase Agreement for City Bonds, Bond
Purchase Agreement for Authority Bonds, and the preliminary Official Statement:
RESOLUTION NO. TPFA 99-1 - A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE TUSTIN PUBLIC FINANCING AUTHORITY AUTHORIZING THE ISSUANCE OF NOT
TO EXCEED $5,200,000 AGGREGATE PRINCIPAL AMOUNT OF TUSTIN PUBLIC
FINANCING AUTHORITY REVENUE BONDS (TUSTIN RANCH), SERIES D, APPROVING
THE EXECUTION AND DELIVERY OF A THIRD 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
Minutes- Tustin Public Financing Authority November 1, 1999- Page I
ADJOURNMENT - Chair Worley adjourned the meeting at 8:12 p.m.
PAMELA STOKER, RECORDING SECRETARY
Minutes - Tustin Public Financing Authority November 1, 1999 - Page 2