APFA2002/06/11ANAHEIM, CALIFORNIA - ANAHEIM PUBLIC FINANCING AUTHORITY
SPECIAL MEETING
II
JUNE 11, 2002
The Anaheim Public Financing Authority met in special session.
Present: Chairman Tom Daly and Board Members Frank Feldhaus, Lucille Kring, Tom Tait and
Shirley McCracken.
Staff Present: City Manager David Morgan, City Attorney Jack White, Secretary Sheryll
Schroeder, Finance Director William Sweeney.
A copy of the agenda for the meeting of the Anaheim Public Financing Authority was posted on
June 7, 2002, at the City Hall inside and outside bulletin boards.
Chairman Daly called the special meeting of the Anaheim Public Financing Authority to order at
5:56 P.M. in the Council Chambers of the Anaheim City Hall, 200 South Anaheim Boulevard.
ADDITIONS/DELETIONS TO THE AGENDA: None.
PUBLIC COMMENTS: None.
Board Member Feldhaus asked if the bonds had been sold and if they had, was there a portion
of the money directed towards expediting the undergrounding fund.
City Manager Morgan said that the bonds had been sold some months ago and there was
approximately $3.85 million of bond money that had been moved over to ensure that the
undergrounding program stayed on track. He said that because revenues in utilities had been
down, the bond dollars were needed to maintain the pace that the Council had seen and
adopted in the five-year plan.
Board Member Feldhaus asked if it was anticipated that there would be monies to be used to
expedite the undergrounding and City Manager Morgan suggested that a report be prepared
beyond the $3.85 million and it was not anticipated at this time.
Chairman Daly offered Resolution No. AFPA2002-3 for adoption.
137 1.
RESOLUTION NO. APFA2002-3 RESOLUTION OF THE ANAHEIM PUBLIC
FINANCING AUTHORITY authorizing the issuance of not to exceed $30,000,000
aggregate original principal amount of its lease revenue bonds (Anaheim Convention
Center Project) 2002 Series A to refinance costs of certain improvements to the
Anaheim Convention Center and providing the terms and conditions for the issuance of
said bonds, approving the form of and authorizing the execution and delivery of an
Indenture, a Site and Facility Lease, a Lease Agreement, a Purchase Contract and a
written consent in connection therewith, approving the distribution of a preliminary official
statement in connection with the offering and sale of said bonds and authorizing the
execution of necessary documents and certificates and related actions.
Roll call vote: Ayes - 5, Chairman Daly and Board Members McCracken, Feldhaus, Tait, and
Kring. Noes-0. Motion carried.
ANAHEIM PUBLIC FINANCING AUTHORITY MINUTES
JUNE 11, 2002
PAGE 2
137
Chairman Daly moved approval of Public Financing Authority Item 2, seconded by Board
Member McCracken. Motion carried unanimously.
Approve minutes of the Public Financing Authority special meeting held February 12,
2002.
ADJOURNMENT:
There being no further business, Chairman Daly moved to adjourn the Anaheim Public
Financing Authority, seconded by Authority Member McCracken. Motion carried unanimously.
The special meeting of the Anaheim Public Financing Authority adjourned at 5:59 P.M.
CMC/AAE
Secretary, Anaheim Public Financing Authority