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Public Financing Authority - 05-07-2002 - Page 0010 i SPECIAL MEETING OF THE WEST COVINA PUBLIC FINANCING AUTHORITY WEST COVINA, CALIFORNIA Tuesday — 7:00 P.M. AGENDA May 7, 2002 Agenda material is available for review before the meeting at the City Clerk's Office, Room 317 at City Hall, 1444 Garvey Avenue, West Covina. The Authority 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 at City meetings, please call no less than three working days prior to the meeting. ROLL CALL: Touhey, Herfert, Miller, Sanderson, Wong APPROVAL OF MINUTES: Special Meeting of March 5, 2002 I , TAX ALLOCATION REVENUE REFUNDING BONDS, SERIES 2002 The Public Financing Authority shall consider approval of a resolution authorizing the Redevelopment Agency to issue Tax Allocation bonds in an amount not to exceed $12.5 million in order to refinance existing debt. RECOMMENDATION: It is recommended that the Public Financing Authority adopt the following resolution: RESOLUTION NO. — RESOLUTION OF THE WEST COVINA PUBLIC FINANCING AUTHORITY APPROVING THE EXECUTION AND DELIVERY OF A FIRST SUPPLEMENTAL LOAN AGREEMENT, AND AUTHORIZING THE TAKING OF CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH Motion by 2nd by_ to waive further reading of the resolution and to Adopt ADJOURNMENT Disapprove ACTION: Motion by To ADJOURN the meeting at NOTICE TO PUBLIC Hold Over 2nd by P.M. THOSE WISHING TO ADDRESS THE PUBLIC FINANCING AUTHORITY ON NON -HEARING ITEMS WILL BE HEARD AT THE SAME TIME AS THOSE ADDRESSING THE CITY COUNCIL UNDER AGENDA COMMUNICATIONS.