Loading...
Public Financing Authority - 08-27-1990 - Page 001SPECIAL MEETING OF THE WEST COVINA PUBLIC FINANCING AUTHORITY WEST COVINA, CALIFORNIA MONDAY - 7:30 P.M. A G E N D A AUGUST 27, 1990 ROLL CALL Tarozzi, McFadden, Herfert, Jennings, Manners I. AUTHORIZING THE ISSUANCE AND SALE OF WATER REVENUE BONDS, APPROVING CERTAIN DOCUMENTS, AND DESIGNATING THE TIME AND PLACE._0F REGULAR MEETINGS., The West Covina Public Financing Authority shall consider authorizing the issuance and sale of water revenue bonds in the aggregate amount of $6,700,000 to finance water system improvements, and approve bond documents. The Authority will also consider setting the time and place for regular meetings and approve a Conflict of Interest Code. It is recommended that the West Covina Public Financing Authority adopt the following Resolutions. ADJOURNMENT RESOLUTION NO. 2 - Resolution of the West Covina Public Financing Authority designating the time and place of regular meetings. RESOLUTION NO. 3 - Resolution of the Board of Directors of the West Covina Public Financing Authority approving and adopting a Conflict of Interest Code pursuant to the provisions of the Political Reform Act. RESOLUTION NO. 4 - Resolution of the West Covina Public Financing Authority authorizing the issuance and sale of bonds in the aggregate principal amount of not to exceed $7,000,000 to finance water system facilities, approving installment sale of such facilities to the City of West Covina, approving Indenture of Trust, Installment Sale Agreement and Official Statement relating to said bonds, authorizing sale of bonds, and authorizing official actions. ACTION: Motion by 2nd by To WAIVE further reading of the resolutions and to ADOPT Disapprove Hold Over ACTION: Motion by 2nd by — To ADJOURN the meeting at P.M. NOTICE TO PUBLIC THOSE WISHING TO ADDRESS THE WEST COVINA PUBLIC FINANCING AUTHORITY BOARD ON NON -HEARING ITEMS WILL BE HEARD AT THE SAME TIME AS THOSE ADDRESSING THE CITY COUNCIL UNDER AGENDA COMMUNICATIONS. ___�