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HomeMy WebLinkAboutPFA Min 2009-01-12Seal Beach, California January 12, 2009 The City Council of the City of Seal Beach and the Seal Beach Public Financing Authority met in special joint session at 7:00 p.m. with Mayor Shanks calling the meeting to order with Councilman Miller leading the Salute to the Flag. The Special Meeting Notices read as follows: CALL AND NOTICE OF A SPECIAL MEETING OF THE SEAL BEACH PUBLIC FINANCING AUTHORITY TO MEMBERS OF THE BOARD OF DIRECTORS OF THE SEAL BEACH PUBLIC FINANCING AUTHORITY YOU ARE HEREBY NOTIFIED THAT, pursuant to Section 54956 of the California Government Code, Chairman/Mayor Gordon A. Shanks hereby calls a special meeting of the Seal Beach Public Financing Authority to be convened in the City Council Chamber, 211 - 8th Street, Seal Beach, California, 90740 on January 12, 2009 at 7:00 p.m. for the purpose of discussing and taking action on the following item: Lease Revenue Bonds, Series 2009 (Fire Station) - A Resolution designating the Lease Revenue Bonds as qualified tax-exempt obligations and authorizing certain other matters related to the issuance of the bonds. Please note that members of the public will be provided an opportunity to directly address the Board concerning any item described herein before or during consideration of that item. Dated this 9th day of January 2009. /s/ Gordon A. Shanks, Chairman/Mayor ROLL CALL Present: Mayor/Chairman Shanks Council Members/Board Members Antos, Levitt, Miller, Sloan Others present: David Carmany, City Manager Quinn Barrow, City Attorney Lee Whittenberg, Director of Development Services Vince Mastrosimone, Director of Public Works Robbeyn Bird, Director of Administrative Services/Treasurer Chief Jeff Kirkpatrick, SB Police Department Jill Ingram, Assistant to the City Manager Lieutenant Tim Olson, SB Police Department Captain Joe Bailey, SB Lifeguard Department Battalion Chief Jeff Genoway, OCFA Tim Kelsey, acting Community Services -Program Facilitator Doug Shur, PD Support Services Manager Linda Devine, City Clerk APPROVAL OF AGENDA & WAIVER OF FULL READING OF RESOLUTIONS & ORDINANCES The City Manager requested item "E" be removed from the agenda and placed on a future agenda. Agenda items removed from the Consent Calendar for separate consideration: items "F", "I", "J", and "K" -Miller; item "N" -Levitt; and item "S" -Antos. Mayor Shanks announced if a member of the public requests to Seal Beach Public Financing Authority have an item removed from the consent calendar they will have an opportunity to speak to the item when it comes before the Council for consideration. Antos moved, second by Miller, to approve the agenda as amended. AYES: Antos, Levitt, Miller, Shanks, Sloan NOES: None Motion carried NEW BUSINESS ITEM "U" /COUNCIL RESOLUTION NUMBER 5832 /SEAL BEACH PUBLIC FINANCING AUTHORITY RESOLUTION NUMBER FA 08-02 /SEAL BEACH LEASE REVENUE BONDS. SERIES 2009 The Director of Administrative Services gave a brief staff report stating that action is needed by the Council and Financing Authority to designate the bonds as tax exempt because the transaction was not completed in one year. No Council concerns. Antos moved, second by Levitt to adopt Resolution Number 5832 entitled "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH DESIGNATING THE SEAL BEACH PUBLIC FINANCING AUTHORITY LEASE REVENUE BONDS, SERIES 2009 AS QUALIFIED TAX-EXEMPT OBLIGATIONS, AND AUTHORIZING CERTAIN OTHER MATTERS RELATING THERETO AYES: Antos, Levitt, Miller, Shanks, Sloan NOES: None Motion carried ADJOURNMENT It was the order of the Chair, with consent of the Council, to adjourn the City Council meeting at 10:21 p.m. to January 26, 2009 at 6:00 p.m. to meet in closed session, if deemed necessary. Se retary/City Clerk City of Seal Beach Approved: ~!Q4r~, ®' Chairman/Mayor Attest: City Clerk