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AHPIA-2024/07/16ANAHEIM HOUSING AND PUBLIC IMPROVEMENTS AUTHORITY REGULAR MEETING OF JULY 16, 2024 The Anaheim Housing and Public Improvements Authority regular meeting of July 16, 2024 was called to order at 5:36 p.m. in the Council Chamber located at 200 S. Anaheim Blvd., in joint session with the Anaheim City Council and Anaheim Housing Authority. The meeting notice, agenda, and related materials were duly posted on July 11, 2024. MEMBERS PRESENT: Chairperson Ashleigh E. Aitken and Authority Members Norma Campos Kurtz, Jose Diaz, Carlos A. Leon, Natalie Rubalcava, Stephen Faessel, and Natalie Meeks STAFF PRESENT: City Manager Jim Vanderpool, City Attorney Robert Fabela, and Secretary Theresa Bass ADDITIONS/DELETIONS TO THE AGENDAS: No additions/deletions related to the Anaheim Housing and Public Improvements Authority agenda. PUBLIC COMMENTS (all agenda items): No in -person speakers or electronically submitted public comments related to the Anaheim Housing and Public Improvements Authority agenda. COUNCIL COMMUNICATIONS: Chairperson/Mayor Aitken thanked everyone who participated in the public comment process and noted that it takes a lot of courage and passion to come before any legislative body to advocate for something. Vice-Chairperson/Mayor Pro Tern Kurtz highlighted and shared photographs of events she attended including a Dusk -to -Dawn pop-up event at a mobile home park in District 4 hosted by Anaheim Public Utilities. She thanked Anaheim Public Utilities for providing dusk -to -dawn LED light fixtures to residents in the mobile home park due to limited streetlights. She thanked Economic Development for hosting a meeting with the "Tile Mile" businesses on State College Boulevard. Tile Mile is the section from Ball Road down to Howell Avenue, just north of Katella Avenue. She noted that the east side of the street is in District 5 and the west side of the street is in District 4. She shared that Economic Development is working with the Tile Mile businesses to enhance the mile of corridor and to promote the businesses there. She also thanked Economic Development for their Emprendedor@s Program which is offered to Spanish- speaking entrepreneurs and teaches them how to start a business. Vice-Chairperson/Mayor Pro Tern Kurtz shared that former Assembly Member Tom Daly and former Council Member Avelino Valencia secured a grant for improvements at Boysen Park, also known as Airplane Park, due to severe contamination issues. She noted that the community requested that the park not be completely closed during the contamination removal and Community Services will be implementing renovation phases. The first phase is the skatepark along State College Boulevard. She stated that none of the trees at Boysen Park will be cut down and she thanked Community Services for working with the community on the new design. Vice- Anaheim Housing and Public Improvements Authority Minutes of July 16, 2024 Page 2 of 9 Chairperson/Mayor Pro Tern Kurtz thanked residents and the Ponderosa Family Resource Center staff for maintaining the Ponderosa Park Community Garden. She shared that the gardens are lush and bear lots of vegetables including tomatoes, zucchini, corn, and herbs. Authority Member/Council Member Diaz shared that to balance the state budget, millions of dollars were cut from state prisons and state law enforcement. He shared that by 2027, five state prisons will be closing. He stated that crime would go up by cutting law enforcement and mass releasing prisoners. Authority Member/Council Member Diaz shared that the biggest mental health providers in California are state prisons. When the state releases prisoners, there is no follow-up and they could become homeless. He encouraged everyone to contact state representatives and demand that more money be spent on law enforcement and that state prisons remain open. Authority Member/Council Member Faessel highlighted and shared photographs of events he attended including the ribbon cutting for Mezzo Calzones Anaheim. He encouraged everyone to visit the restaurant for great food. He also attended the ribbon cutting for Advance Auto Parts. The store is operated by a local family. Authority Member/Council Member Faessel shared that he is a big supporter of small businesses and he noted there are over 18,000 small businesses in Anaheim who make up the heart of the community. He shared that he attended the Orange County Family Justice Center's 251h Annual Motown Experience on June 22"d at Pearson Park. Proceeds from the event will support victims of home and social problems. In collaboration with Authority Member/Council Member Rubalcava, USA Water Polo, and OC Sports Commission, they were able to secure three dozen water polo balls for Anaheim High School because the school district does not supply them. Authority Member/Council Member Faessel noted that Anaheim Public Utilities has an ongoing project where they are replacing approximately 200 transformers a year. He explained that power must be removed from several blocks to get all the work done, including installing 40-foot power poles. He shared that Anaheim has the lowest electric rates in Orange County and is in the top percentile of reliability in the United States. He thanked Public Utilities General Manager Dukku Lee and his team for all their work. Authority Member/Council Member Faessel also thanked the Sunkist Library for creating a cooling area for families affected by the power outage. Water activities were set up for the kids and chairs and tables were set up inside the library for adults and seniors who needed a cooling facility. Power was restored around 6:00 p.m. Authority Member/Council Member Faessel attended the ribbon cutting for It's Boba Time. It is run and owned by local families and is located at the corner of State College Boulevard and La Palma Avenue. He encouraged everyone to visit It's Boba Time. Authority Member/Council Member Faessel shared that he and his wife Susan attended the Anaheim Fourth of July Celebration and enjoyed the parade along with Council colleagues. He shared that he attended the Slurpees with a Cop event at the 7-Eleven at State College Boulevard and La Palma Avenue. The Community Policing Team was able to meet with a lot of residents and young families. He shared that his Council Aide attended the Olympic Send Off Fan Fest event at ARTIC and was impressed that she was rubbing shoulders with Olympians. Authority Member/Council Member Rubalcava highlighted and shared photographs of events she attended in District 3. She noted District 3 has approximately 50,000 residents including many working-class families. She stated there was a community cleanup on Bush, Vine and Rose Streets. There was a significant amount of trash in alleyways and on sidewalks that was picked up and graffiti was reported. She noted there is an upcoming community walk on Pauline Street and noted there was a recent shooting in the area and an increase in gang activity. The Anaheim Police Department and Community Policing Team will be attending that meeting on Thursday, July 18, 2024, at 5:30 p.m. to discuss things that are going on in the neighborhood. Anaheim Housing and Public Improvements Authority Minutes of July 16, 2024 Page 3 of 9 She noted there are a few back -to -school drives her office has been supporting, including a partnership with Mondragon Market located on North and Olive Streets in District 3. She asked for school supply donations from everyone willing or able to. She mentioned there is a box at Starbucks across the street on Anaheim Boulevard. The event is scheduled for July 26th at Mondragon Market and students of all ages and their families are invited to attend the event. Authority Member/Council Member Rubalcava congratulated the young ladies in Anaheim who completed the Girls Inc. of Orange County Eureka Summer Program. The participants completed over 40 hours of science, technology, engineering, mathematics and other activities during the four -week program. The Anaheim youth learned valuable life skills, helping them become strong, smart, and bold. Their commitment will help build a strong future, advance their academic career, and build friendships. Authority Member/Council Member Rubalcava thanked Girls Inc. for bringing the program to Anaheim and wished them continued success. She also thanked Anaheim High School's administrative staff for allowing Girls Inc. to host the event on their campus. Authority Member/Council Member Rubalcava and Authority Member/Council Member Meeks participated in the 2024 Firecracker Run on July 41h, and they ran the 5k together. She thanked the Community Services team for making all the events that day a success. She shared that she partnered with a local car club to host a back -to -school supply drive at Pearson Park on Saturday, July 13. Approximately 300 bags of school supplies were provided to students in the area. She thanked Community Services staff, Anaheim Fire & Rescue, and Anaheim Police for supporting the 2"d Annual Event and ensuring students have what they need to succeed in the upcoming school year. Authority Member/Council Member Rubalcava stated that she serves on the Governor Appointed Orange County Fair Board, and she was able to provide Anaheim nonprofits with free tickets to the fair including Higher Ground, a gang intervention and prevention nonprofit, Anaheim Fire and Rescue Explorers, Anaheim Public Library Reading Program, and Anaheim Police Department Explorers. She also reminded everyone that Police Chief Armendariz and Fire Chief Russell will be participating in the Demolition Derby on August 1. Authority Member/Council Member Rubalcava congratulated District 3 residents Jeena Hopper, Natalie Zambrano, and Melissa Arroyo for being selected as recipients of the District 3 scholarship to advance their academic careers. They had to prepare an essay on why Anaheim is important to them. Anaheim Commissioner Lisa Dulyea, former NFL Player Ruben Drones, and Anaheim Police Association President Jose Duran reviewed the essays and selected the recipients. Authority Member/Council Member Leon thanked the Community Services team for all their work and efforts in organizing the Fourth of July 5k and Parade Celebration. He also thanked Ricky and his Krypto Civic Fk7 car and Project S.A.Y. Grupo Folklorico for joining him in the parade. He thanked the District 2 community for inviting him to their neighborhood parades, specifically Jenny, for organizing one of the neighborhood get-togethers. He thanked Anaheim Fire & Rescue and the Police Department for being part of the festivities in District 2. Authority Member/Council Member Leon requested looking into having an additional firework show on the west side of the City to potentially help minimize the use of illegal fireworks. He shared that he had the opportunity to tour the ongoing utilities undergrounding project at Nutwood Street and Cerritos Avenue and he thanked Public Utilities General Manager Dukku Lee, Janet Lonneker, Vinh Tran, and the entire Public Utilities team for their ongoing efforts in beautifying neighborhoods and making them safe. He recommended that everyone download the My Anaheim App to view events, request City services, view City information and history, and submit comments and questions. He noted that photos can be uploaded, and complaints can be reported anonymously. The My Anaheim App is a great resource that helps City teams continue to work towards addressing issues in the community. He noted the App can be used to report homelessness concerns in the community, specifically at Stoddard and Chaparral Parks. Authority Member/Council Member Leon thanked the Public Works team for working diligently to Anaheim Housing and Public Improvements Authority Minutes of July 16, 2024 Page 4 of 9 repair the railroad crossing at Cerritos Avenue between gth Street and Euclid Street. He stated there are a lot of residents who are appreciative of this. Chairperson/Mayor Aitken highlighted and shared photographs of events she attended. She noted that Anaheim is the proud recipient of the Housing and Urban Development (HUD) Pathways to Removing Obstacles to Housing grant. The HUD Director as well as the HUD Los Angeles Regional Director visited the site. Vice-Chairperson/Mayor Pro Tem Kurtz also attended the event. Chairperson/Mayor Aitken thanked City staff for putting together a competitive proposal and for their leadership on affordable housing. She stated she looks forward to using the $3.5 million grant for future projects and the newly created Anaheim Housing Trust. Chairperson/Mayor Aitken stated City staff put together a great Fourth of July Celebration for the community and she thanked Anaheim Police, Fire & Rescue, and Public Works for bringing out their old truck and some of their fun equipment to the parade. Chairperson/Mayor Aitken thanked the Governor's Office for highlighting a lot of the work the City is doing with the California Youth Job Corps. Since 2022, 400 kids have taken part in Anaheim's youth service initiative. This summer, 200 kids across the City participated and the youth volunteers will be receiving scholarships for college expenses and paid internships with Anaheim Public Utilities. She thanked Public Utilities General Manager Dukku Lee and his team for getting the kids involved in public utilities so that they will hopefully be future City employees or Council Members. Chairperson/Mayor Aitken stated she was honored to attend and speak at the OC Black Blueprint event. She thanked Bobby McDonald, the Black Chamber of Commerce, and the Orange County Heritage Council for inviting her to participate in this event. She stated that representation matters, and she is thankful that Anaheim is home to the largest African American population in Orange County and hosts the Black History Parade and this year's Juneteenth Celebration so that diverse voices can be heard and celebrated. Chairperson/Mayor Aitken thanked Authority Member/Council Member Meeks for having the creativity and foresight to recommend an Olympic sendoff event to kick off the 2024 Paris Olympics. She stated that it was an honor to celebrate Olympians and Paralympians who train in Anaheim. Chairperson/Mayor Aitken shared that in 1984 Anaheim hosted wrestling and will be hosting volleyball in 2028. Go Team USA! CITY MANAGER'S UPDATE: City Manager Vanderpool shared that since 2016, Anaheim has collaborated with Caltrans on transferring ownership of Beach Boulevard within the City limits. The relinquishment will provide the City with full operational control in return for assuming complete responsibility. Caltrans will compensate the City $4.8 million to ensure the street is brought up to a good state of repair. Once Caltrans finalizes the Beach Boulevard Relinquishment Agreement, they will prepare a submission for the California Transportation Commission's October 2024 meeting to seek final approval for the official transfer of Beach Boulevard to the City of Anaheim. This marks another significant step in the City's collective efforts to revitalize Beach Boulevard. Local Control will enable the City to creatively envision the design and beautification of the roadway and to streamline the permitting for its reconstruction and the future development along the significant corridor within the City of Anaheim. City Manager Vanderpool asked everyone to mark their calendars for the Community Services Concerts in the Canyon every Thursday in July beginning at 6:30 p.m. The concert series is held at Ronald Reagan Park where attendees can picnic, dance and sing along to their favorite tunes. 33 Thunder will perform Country Rock on July 18 and he reminded everyone to bring lawn chairs and blankets. He noted that food will be available for purchase from gourmet food trucks. Anaheim Housing and Public Improvements Authority Minutes of July 16, 2024 Page 5 of 9 Chairperson/Mayor Aitken stated the relinquishment of Beach Boulevard was wonderful news. She thanked Authority Member/Council Member Diaz for his leadership in West Anaheim. At 7:52 p.m., Mayor/Chairperson Aitken recessed the Anaheim City Council to address the Anaheim Housing and Public Improvements Authority agenda. CONSENT CALENDAR: At 7:52 p.m., the Consent Calendar was considered. MOTION: Vice -Chairperson Kurtz moved to approve the consent calendar as presented, in accordance with reports, certifications, and recommendations furnished each Authority Member and as listed on the consent calendar, seconded by Authority Member Meeks. ROLL CALL VOTE: AYES — 7 (Chairperson Aitken and Authority Members Kurtz, Diaz, Leon, Rubalcava, Faessel, and Meeks); NOES — 0. Motion carried. HP1188 1. Approve minutes of the Housing and Public Improvements Authority meeting of May 21, 2024. At 7:52 p.m., Chairperson/Mayor Aitken reconvened the Anaheim City Council in joint session with the Anaheim Housing and Public Improvements Authority. BUSINESS CALENDAR: 2. Consider two resolutions of the Anaheim Housing and Public Improvements Authority (AHPIA) and two resolutions of the City Council, separately, authorizing the issuance of Revenue Refunding Bonds, Series 2024-A (Electric Utility Distribution System Refunding) by AHPIA in the aggregate principal amount not to exceed $380,000,000; and the issuance of Revenue Bonds, Series 2024-A (Water System Project) (Variable Rate Demand Bonds) (Second Lien Qualified Obligations) by the AHPIA in the aggregate principal amount not to exceed $65,000,000. Anaheim Housing and Public Improvements Authority Action: 13137.1 2-A• RESOLUTION NO. AHPIA-2024-003 _._ RESOLUTION OF THE BOARD OF DIRECTORS OF THE ANAHEIM HOUSING AND PUBLIC IMPROVEMENTS AGR-14901 AUTHORITY (i) authorizing the issuance of not to exceed $380,000,000 AGR-14901.0.1 aggregate principal amount of Revenue Refunding Bonds, Series 2024-A AGR-14901.0.2 (Electric Utility Distribution System Refunding) by said Authority; (ii) approving AGR-14901.0.3 the refunding, defeasance, and purchase through tender offer of outstanding AGR-14901.0.4 bonds or exchange therefor, (iii) approving the forms and authorizing the AGR-14901.0.5 execution of an Indenture of Trust, an Installment Purchase Agreement, a AGR-14901.0.6 Purchase Contract, a Dealer Manager Agreement, an Invitation to Tender, and AGR-14901.0.7 other related documents; (iv) approving the execution and delivery of an Official AGR-14901.0.8 Statement; and (v) approving certain actions in connection therewith. AGR-14901.0.9 AGR-14901.0.10 AGR-14901.0.11 Anaheim Housing and Public Improvements Authority Minutes of July 16, 2024 Page 6 of 9 RESOLUTION NO. AHPIA-2024-004 RESOLUTION OF THE BOARD OF DIRECTORS OF THE ANAHEIM HOUSING AND PUBLIC IMPROVEMENTS AUTHORITY, (i) authorizing the issuance of not to exceed $65,000,000 aggregate principal amount of Revenue Bonds, Series 2024-A (Water System Project) (Variable Rate Demand Bonds) (Second Lien Qualified Obligations) by said Authority; (ii) approving the forms and authorizing the execution of an Indenture of Trust, an Installment Purchase Agreement, a Purchase Contract, a Reimbursement Agreement, a Fee Agreement, and other related documents; (iii) approving the execution and delivery of an Official Statement; and (iv) approving certain actions in connection therewith. City Council Action: B137.1 2-B. RESOLUTION NO. 2024-074 RESOLUTION OF THE CITY COUNCIL AGR-14901 OF THE CITY OF ANAHEIM (i) authorizing the issuance of not to exceed AGR-14901.0.1 $380,000,000 aggregate principal amount of Revenue Refunding Bonds, Series AGR-14901.0.2 2024-A (Electric Utility Distribution System Refunding) by the Anaheim Housing AGR-14901.0.3 and Public Improvements Authority; (ii) approving the refunding, defeasance, and AGR-14901.0.4 purchase through tender offer of outstanding bonds or exchange therefor; (iii) AGR-14901.0.5 approving the forms and authorizing the execution of an Indenture of Trust, an AGR-14901.0.6 Installment Purchase Agreement, a Purchase Contract, a Continuing Disclosure Agreement, a Dealer Manager Agreement, an Invitation to Tender, and other AGR-14901.0.7 related documents; (iv) approving the execution and delivery of an Official AGR-14901.0.8 Statement; and (v) approving certain actions in connection therewith. AG R-14901.0.9 AGR-14901.0.10 AGR-14901.0.11 RESOLUTION NO. 2024-075 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM (i) authorizing the issuance of not to exceed $65,000,000 aggregate principal amount of Revenue Bonds, Series 2024-A (Water System Project) (Variable Rate Demand Bonds) (Second Lien Qualified Obligations) by the Anaheim Housing and Public Improvements Authority; (ii) approving the forms and authorizing the execution of an Indenture of Trust, an Installment Purchase Agreement, a Purchase Contract, a Continuing Disclosure Agreement, a Remarketing Agreement, a Reimbursement Agreement, a Fee Agreement, and other related documents; (iii) approving the execution and delivery of an Official Statement; and (iv) approving certain actions in connection therewith. Public Utilities General Manager Dukku Lee reported the Public Utilities Department utilizes tax- exempt bonds to provide reliable and affordable service to Anaheim residents. He introduced Brian Beelner, Assistant General Manager of Finance and Energy Resources, to provide the presentation. Assistant General Manager Beelner reported the action presented is to issue utility revenue bonds to refinance outstanding older debt and provide capital to continue to invest and upgrade older aging water infrastructure. He noted that as a not -for -profit public agency providing services to 350,000 residents and 15,000 businesses takes a significant investment in capital infrastructure. He added Anaheim Public Utilities (APU) has approximately $2 billion in investments in water and electric assets, 45% of which is funded through tax-exempt bonds that do not impact the General Fund. He emphasized the funding is provided by revenue from APU's services. Anaheim Housing and Public Improvements Authority Minutes of July 16, 2024 Page 7 of 9 Assistant General Manager Beelner explained without the use of bonds for long-lasting large- scale infrastructure investments, customers would bear the full financial burden of the investments. He added the use of bonds ensures predictability in customer bills and that APU has sufficient cash reserves for operational flexibility. He reported the bonds are widely used throughout the utility industry to keep rates low and stable without starving the capital needed to operate a reliable utility. Assistant General Manager Beelner noted credit rating agencies have affirmed APU's ratings based on the use and access to bonds. He reaffirmed APU's credit ratings as AA+ for water and AA- for electric. He added the high ratings ensure that the interest rates paid will be among the lowest possible. He explained the City contains over 750 miles of pipe, 40% of which are over 60 years old which takes a significant investment to replace. He reported investment in water main investments have increased over the last ten years along with reliability. Assistant General Manager Beelner explained the proposed financing plan. He reported an investment of up to $65,000,000 for Water Utility for replacement of aging water mains and valves, upgrading pumping and regulating stations and other water facilities for system reliability. He noted for the Electric system, APU plans to finance up to $380,000,000 in existing debt, which would not incur new debt, for approximately $7,500,000 in savings. He explained Variable Rate Bonds were used due to the expected decrease of interest rates and because Fixed Bonds have call dates that cannot be refinanced in five to ten years. He reported savings of up to $750,000 per year with stable interest rates. If interest rates fall, APU can fix out the interest rates to ensure the savings is maintained. Assistant General Manager Beelner noted that continued investments and reinvestments are required to provide continued quality utility services to customers. He added by using low - interest tax-exempt debt APU can continue to provide affordable rates and reliable service. DISCUSSION: Authority Member/Council Member Meeks highlighted the proposed action and thanked APU for reinvesting in infrastructure. She highlighted her support for the item. MOTION: Authority Member Meeks moved to approve the item. DISCUSSION: Authority Member/Council Member Rubalcava applauded the City's utility services, noting it as one of the best assets. She highlighted APU's continued and new investments in technology. She thanked staff for their diligence in providing utility services to customers. MOTION: Authority Member Meeks moved to approve the item, seconded by Council Member Rubalcava. DISCUSSION: Authority Member/Council Member Leon thanked staff for taking the time to explain the proposed action. Vice-Chairperson/Mayor Pro Tem Kurtz thanked staff for ensuring customers receive reliable service to customers. Chairperson/Mayor Aitken clarified that the Authority and Council will take action separately beginning with action by the Anaheim Housing and Public Improvements Authority. She confirmed the current motion is applicable to the Authority action (Agenda Item No. 2-A). Anaheim Housing and Public Improvements Authority Minutes of July 16, 2024 Page 8 of 9 Anaheim Housing and Public Improvements Authority Action: MOTION: Authority Member Meeks moved to approve Item No. 2-A, RESOLUTION NO. AHPIA-2024-003 RESOLUTION OF THE BOARD OF DIRECTORS OF THE ANAHEIM HOUSING AND PUBLIC IMPROVEMENTS AUTHORITY (i) authorizing the issuance of not to exceed $380,000,000 aggregate principal amount of Revenue Refunding Bonds, Series 2024-A (Electric Utility Distribution System Refunding) by said Authority; (ii) approving the refunding, defeasance, and purchase through tender offer of outstanding bonds or exchange therefor, (iii) approving the forms and authorizing the execution of an Indenture of Trust, an Installment Purchase Agreement, a Purchase Contract, a Dealer Manager Agreement, an Invitation to Tender, and other related documents; (iv) approving the execution and delivery of an Official Statement; and (v) approving certain actions in connection therewith and RESOLUTION NO. AHPIA-2024-004 RESOLUTION OF THE BOARD OF DIRECTORS OF THE ANAHEIM HOUSING AND PUBLIC IMPROVEMENTS AUTHORITY, (i) authorizing the issuance of not to exceed $65,000,000 aggregate principal amount of Revenue Bonds, Series 2024-A (Water System Project) (Variable Rate Demand Bonds) (Second Lien Qualified Obligations) by said Authority; (ii) approving the forms and authorizing the execution of an Indenture of Trust, an Installment Purchase Agreement, a Purchase Contract, a Reimbursement Agreement, a Fee Agreement, and other related documents; (iii) approving the execution and delivery of an Official Statement; and (iv) approving certain actions in connection therewith, seconded by Authority Member Rubalcava. ROLL CALL VOTE: AYES — 7 (Chairperson Aitken and Authority Members Kurtz, Diaz, Leon, Rubalcava, Faessel, and Meeks); NOES: 0. Motion carried. City Council Action: MOTION: Council Member Meeks moved to approve Item No. 2-B, RESOLUTION NO. 2024- 074 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM (i) authorizing the issuance of not to exceed $380,000,000 aggregate principal amount of Revenue Refunding Bonds, Series 2024-A (Electric Utility Distribution System Refunding) by the Anaheim Housing and Public Improvements Authority; (ii) approving the refunding, defeasance, and purchase through tender offer of outstanding bonds or exchange therefor; (iii) approving the forms and authorizing the execution of an Indenture of Trust, an Installment Purchase Agreement, a Purchase Contract, a Continuing Disclosure Agreement, a Dealer Manager Agreement, an Invitation to Tender, and other related documents; (iv) approving the execution and delivery of an Official Statement; and (v) approving certain actions in connection therewith and RESOLUTION NO. 2024-075 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM (i) authorizing the issuance of not to exceed $65,000,000 aggregate principal amount of Revenue Bonds, Series 2024-A (Water System Project) (Variable Rate Demand Bonds) (Second Lien Qualified Obligations) by the Anaheim Housing and Public Improvements Authority; (ii) approving the forms and authorizing the execution of an Indenture of Trust, an Installment Purchase Agreement, a Purchase Contract, a Continuing Disclosure Agreement, a Remarketing Agreement, a Reimbursement Agreement, a Fee Agreement, and other related documents; (iii) approving the execution and delivery of an Official Statement; and (iv) approving certain actions in connection therewith, seconded by Mayor Pro Tern Kurtz. ROLL CALL VOTE: AYES — 7 (Mayor Aitken and Council Members Kurtz, Diaz, Leon, Rubalcava, Faessel, and Meeks); NOES: 0. Motion carried. Anaheim Housing and Public Improvements Authority Minutes of July 16, 2024 Page 9 of 9 ADJOURNMENT: With no further business to conduct, without objection, Chairperson Aitken adjourned the meeting of the Anaheim Housing and Public Improvements Authority at 8:06 p.m. Respectfully submitted, 4T4heesaiBass. CIVIC Secretary, Anaheim Housing and Public Improvements Authority