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PIC1990/11/06Anaheim Civic Center, ANAHEIM PUBLIC IMPROVEMENT CORPORATION November 6, 1990, 5:28 P.M. PRESENT: BOARD MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter ABSENT: BOARD MEMBERS: None --�- PRESENT: CITY MANAGER: James Ruth CITY ATTORNEY: Jack White SECRETARY: Leonora N. Sohl A complete copy of the agenda for the meeting of the Anaheim Public Improvement Corporation was posted at 3:35 p.m. on November 2, 1990 at the Civic Center kiosk, containing all items as shown herein. President Hunter called the annual meeting of the Anaheim Public Improvement Corporation to order at 5:46 p.m. MINUTES: Board Member Kaywood moved to approve the minutes of the annual meeting held May 8, 1990. Board Member Pickler seconded the motion. MOTION CARRIED. 123: CITY UTILITIES BUIDLING FINANCING: Submitted was report dated October 29, 1990 from the City Manager /Anaheim Public Improvement Corporation, recommending approval of the proposed resolution relative to Certificates of Participation in connection with the City Utilities Building financing. Board Member Hunter offered Resolution No. APIC90 -3 for adoption, authorizing the preparation, execution, sale and delivery of not to exceed $46,000,000 aggregate principal amount of Certificates of Participation, approving a Trust agreement, Installment Purchase Agreement, Assignment Agreement and Purchase Contract, and certain actions in connection therewith, for the City Utilities Building financing. Refer to Resolution Book. RESOLUTION NO. APIC90 -3: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ANAHEIM PUBLIC IMPROVEMENT CORPORATION, AUTHORIZING THE PREPARATION, EXECUTION, SALE AND DELIVERY OF NOT TO EXCEED $46,000,000 AGGREGATE PRINCIPAL AMOUNT OF CERTIFICATES OF PARTICIPATION, APPROVING A TRUST AGREEMENT, INSTALLMENT PURCHASE AGREEMENT, ASSIGNMENT AGREEMENT AND PURCHASE CONTRACT AND AUTHORIZING CERTAIN ACTIONS IN CONNECTION THEREWITH. Roll Call Vote: AYES: BORAD MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter NOES: BOARD MEMBERS: None ABSENT: BOARD MEMBERS: None The President declared Resolution No. APIC90 - 3 duly passed and adopted. ITEMS OF ITEMS OF PUBLIC INTEREST: No items of public interest were addressed. 90 -1 SK Anaheim Civic Center, ANAHEIM PUBLIC IMPROVEMENT CORPORATION November 6. 1990, 5:28 P.M. ADJOURNMENT: Board Member Kaywood moved to adjourn. Board Member Pickler seconded the motion. MOTION CARRIED. (5:47 p.m.) LEONORA N. SOHL, SECRETARY Lfi7Z 90 -2