Public Financing Authority - 07-20-1999 - Page 001SPECIAL MEETING
OF THE
WEST COVINA PUBLIC FINANCING AUTHORITY
WEST COVINA, CALIFORNIA
TUESDAY — 7:30 P.M. JULY 20, 1999
AGENDA
Agenda material is available for review beforethe meeting at the City Clerk's Office, Room 317 at City
Hall, 1444 W. Garvey Avenue, West Covina. The City complies with the Americans with Disabilities
Act (ADA). If you will need special assistance at this meeting, the City will try to accommodate you in
every reasonable manner. Please call (626) 814-8433 (voice) or (626) 960-4222 (TTY) from 8:00
a.m. to 5:00 p.m. Monday through Friday for assistance. Please call at least 48 hours prior to . the
meeting to inform us of your particular needs and to determine if accommodation is, possible. For sign
language interpreter services or use of hearing impaired aids at Council meetings, four working days
may be required.
ROLL CALL:
- Howard, Melendez, Herfert, Touhey, Wong
APPROVAL OF MINUTES: - Special Meeting of May 5, 1998
I. PUBLIC COMMENTS ON ITEMS ON THE AGENDA
II. TAXABLE VARIABLE RATE DEMAND TAX ALLOCATION BONDS, SERIES 1999
(Refer to City Council Agenda Item No E-2 and Aencv Agenda Item No III)
The City Council shall consider approval of a resolution authorizing the Redevelopment
Agency to issue Taxable Variable Rate bonds in the amount of $4,100,000 for
redevelopment purposes. It is recommended that the Public Financing Authority approve and
adopt the following resolution:
RESOLUTION NO.
RESOLUTION NO. - A RESOLUTION OF THE PUBLIC
FINANCING AUTHORITY OF THE CITY OF WEST COVINA
AUTHORIZING THE ISSUANCE OF REVENUE BONDS TO
MAKE A LOAN TO THE REDEVELOPMENT AGENCY OF THE
CITY OF WEST COVINA IN CONNECTION WITH ITS WEST
COVINA REDEVELOPMENT PROJECT, AUTHORIZING AND
DIRECTING EXECUTION OF A RELATED INDENTURE OF
TRUST AND A RELATED LOAN AGREEMENT, AUTHORIZING
SALE OF BONDS, APPROVING OFFICIAL STATEMENT, AND
AUTHORIZING OFFICIAL ACTIONS
ACTION: Motion by f' by to waive further reading of the
resolution and to Adopt Disapprove
Hold Over
III. ADJOURNMENT
ACTION: Motion by 2nd by
To ADJOURN the meeting at —P.M.