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HomeMy WebLinkAboutPFA Min 2011-03-28 Seal Beach California March 28, 2011 The City Council of the City of Seal Beach and the Seal Beach Public Financing Authority met in joint session at 7:00 p.m. with Mayor Levitt calling the meeting to order and Mayor Pro Tem Miller leading the Salute to the Flag. ROLL CALL Present: Mayor/Chair Levitt Council/Board Members: Deaton, Miller, Shanks, Sloan City Staff: Quinn Barrow, City Attorney/Legal Counsel Jill R. Ingram, Acting City Manager/Acting Executive Director Chief Jeff Kirkpatrick, Seal Beach Police Department Sean Crumby, Director of Public Works Robbeyn Bird, Director of Administrative Services/Treasurer Mark Persico, Director of Development Services Chief Joe Bailey, Seal Beach Marine Safety/Lifeguard Department Linda Devine, City Clerk/Secretary APPROVAL OF AGENDA & WAIVER OF FULL READING OF RESOLUTIONS & ORDINANCES Mayor Pro Tem Miller pulled item "L" for separate consideration. Shanks moved, second by Sloan, to approve the agenda as amended. AYES: Deaton, Levitt, Miller, Shanks, Sloan NOES: None Motion carried CONSENT CALENDAR Deaton moved, second by Sloan, to approve the recommended actions on the consent calendar except for item "L" pulled for separate consideration. AYES: Deaton, Levitt, Miller, Shanks, Sloan NOES: None Motion carried *G. Adopted City Council Resolution No. 6119 entitled "A RESOLUTION OF THE SEAL BEACH CITY COUNCIL AUTHORIZING SUBSTITUTION OF PROPERTY SUBJECT TO LEASE AND SUBLEASE WITH THE SEAL BEACH PUBLIC FINANCING AUTHORITY, AND AUTHORIZING THE EXECUTION AND DELIVERY OF CERTAIN DOCUMENTS AND APPROVING CERTAIN ACTIONS IN CONNECTION THEREWITH" and Seal Beach Public Financing Authority Resolution No. PFA 11-02 entitled "A RESOLUTION OF THE SEAL BEACH PUBLIC FINANCING AUTHORITY AUTHORIZING SUBSTITUTION OF PROPERTY SUBJECT TO LEASE AND SUBLEASE WITH THE CITY OF SEAL BEACH, AND AUTHORIZING THE EXECUTION AND DELIVERY OF CERTAIN DOCUMENTS AND APPROVING CERTAIN ACTIONS IN CONNECTION THEREWITH". (2009 Bonds - authorizing to substitute Fire Station No. 48 as collateral for the $6.3 million Lease Revenue Bonds and releasing Fire Station No. 44 and the City Hall complex. ADJOURNMENT With no objection, the Mayor adjourned the joint City Council and Seal Beach Public Financing Authority meeting at 8:38 p.m. It/holLarity Chair ,I klIA, k by it Clerk/Secr tary City of Seal Beach