PIC1985/08/13F"
ANAHEIM PUBLIC IMPROVEMENT CORPORATION BOARD
August 13, 1985, 9:55 A.M.
PRESENT: BOARD MEMBERS: Pickler and Roth
ABSENT: BOARD MEMBERS: Overholt
VACANCIES: Two
PRESENT: CITY MANAGER: William 0. Talley
CITY MANAGER: Jack White
ASSISTANT SECRETARY: Ann M. Sauvageau
President Roth called the regular meeting of the Anaheim Public Improvement
Corporation Board to order at 10:10 a.m.
MINUTES: Board Member Pickler moved to approve the organizational meeting
held February 19, 1985. Board Member Roth seconded the motion. Board Member
Overholt was absent. MOTION CARRIED.
CONSENT CALENDAR ITEMS: On motion by Board Member Roth, seconded by Board
Member Pickler, the following actions were authorized in accordance with the
reports and recommendations furnished each Board Member and as listed on the
Consent Calendar Agenda. Board Member Pickler offered Resolution No. APIC85 -8
for adoption. Refer to Resolution Book.
1. 156/123/186: $29,075,000 Certificates of Participation, Capital
Improvements Project C - Police Expansion.
RESOLUTION NO. APIC85 -8: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
ANAHEIM PUBLIC IMPROVEMENT CORPORATION APPROVING AND AUTHORIZING EXECUTION OF
LEASE AGREEMENT, TRUST AGREEMENT, ASSIGNMENT AGREEMENT AND AGENCY AGREEMENT,
AND AUTHORIZING AND DIRECTING CERTAIN ACTIONS WITH RESPECT THERETO.
Lease Agreement relating to capital improvements by and between the
Corporation, as lessor and the City, as lessee, dated August 1, 1985.
Trust Agreement relating to capital improvements, by and between the
Corporation and the City, dated as of August 1, 1985.
Assignment Agreement relating to capital improvements between the
Corporation and Security Pacific National Bank, dated August 1, 1985.
Agency Agreement relating to acquisition, construction and
installation of capital improvements, by and between the Corporation
and the City, dated as of August 1, 1985.
Roll Call:
AYES: BOARD MEMBERS:
NOES: BOARD MEMBERS:
VACANCIES: BOARD MEMBERS:
ABSENT: BOARD MEMBERS:
Pickler and Roth
None
Two
Overholt
1
ANAHEIM PUBLIC IMPROVEMENT CORPORATION BOARD
August 13, 1985, 9:55 A.M.
President Roth declared Resolution No. APIC85 -8 duly passed and adopted.
End of Consent Calendar.
ADJOURNMENT: Board Member Pickler moved to adjourn. Board Member Roth
seconded the motion. Board Member Overholt was absent. MOTION CARRIED.
(10:12 a.m.)
ANN M. SAUVAGEAU, ASSISTANT SECRETARY
2