RES-2014-212 RESOLUTION NO. 2014- 212
A ItESOLUTION OF THE CITY COUNCIL OF THE CITY
OF` ANAHEIM, CALIFORNIA, RESCINDING RESOLUTION
NO. 2014-140
WHEREAS, on July 22, 2414, the City Council of the City of Anaheim (the
"City") adopted Resolution No. 2014-140 ("Resolution No. 2014-140") in connection with,
among other things, the leasing of certain leased premises to the Anaheim Housing and Public
Improvements Authority (the "Authority") by the City and the leasing of such leased premises by
the City from the Authority; and
WHEREAS, on July 22, 2014, the Board of Directors of the Authority authorized
and approved the issuance of lease revenue bonds in one or more series in an aggregate principal
amount of not to exceed $300,000,000 (the "AHPIA Bonds"); and
WHEREAS, on November 14, 2014, the Anaheim Public Financing Authority
issued its Lease Revenue Bonds (Anaheim Convention Center Expansion Project), 2014 Series A
and its Lease Revenue Bonds (Anaheim Convention Center Expansion Project), 2014 Series B
(together, the "APFA Bonds") to, among other things, finance the expansion of the Anaheirri
Convention Center; and
WHEREAS, due to the issuance of the APFA Bonds, the City deems it
unnecessary for the Authority to issue the AHPIA Bonds; and
WHEREAS, the City has made a request to the Authority to rescind Resolution
No. AHPIA 2014-002 and not take any of the actions authorized pursuant thereto; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Anaheim as follov�rs:
Section 1. The City Council hereby finds and determines that the foregoing recitals
are true and correct.
Section 2. Resolution No. 2014-140 is hereby rescinded in its entirety and of nr
further force or effect and no action authorized pursuant thereto shall be taken.
Section 3. The Mayor, the Mayor Pro Tem, the City Manager, the City Treasurer
and the City Finar�ce Director, acting alone, is hereby authorized and directed to do any and alj
things in order to effectuate the purposes of this Resolution.
Section 4 . This Resolution shall take effect immediately upon its adoption.
THE FOREGOING RESOLUTION is approved and adopted by the City
Council of the Ciiy of Anaheim this 23` day of December, 2014, by the following roll call
vote:
AYES: Mayor Tait, Council Members Murray, Branc�lman, Kring and Vanderbilt
NOES: None
ABSENT: None
ABSTAIN:None
CITY OF ANAHEIM
By
MA OR OF THE CITY OF ANAHEIM
ATTEST:
CITY CLERK OF THE CITY OF A AHEIM
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