PIC1996/09/24ANAHEIM CIVIC CENTER, ANAHEIM PUBLIC IMPROVEMENT CORPORATION
SEPTEMBER 24, 1996
PRESENT: BOARD MEMBERS: Tom Tait, Bob Zemel, Frank Feldhaus, Lou Lopez, Tom Daly
ABSENT: BOARD MEMBERS: None
PRESENT: CITY MANAGER: Jim 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 2:35 p.m. on September 20, 1996 at the Civic Center Kiosk, containing all items as shown
herein.
President Daly called the regular meeting of the Anaheim Public Improvement Corporation to order at
5:48 p.m.
w.. ADDITIONS TO THE AGENDA: There were no additions to agenda items.
ITEMS OF PUBLIC INTEREST: No items of public interest were addressed.
PUBLIC COMMENTS - AGENDA ITEMS: There were no public comments on Public Improvement
Corporation Agenda items.
CONSENT CALENDAR ITEMS 1 - 2: On motion by President Daly, seconded by Board Member Lopez,
the following actions were authorized in accordance with the reports and recommendations furnished
each Board Member and as listed on the Consent Calendar Agenda.
1. 137: RESOLUTION NO. APIC96 -2: A RESOLUTION OF THE ANAHEIM PUBLIC
IMPROVEMENT CORPORATION APPROVING AUTHORIZING, AND DIRECTING
EXECUTION OF CERTAIN LEASE FINANCING AMENDMENTS AND RELATED
DOCUMENTS; AND AUTHORIZING AND DIRECTING CERTAIN ACTIONS WITH RESPECT
THERETO. (APPROVING AMENDMENTS TO THE SITE AND FACILITY LEASE AND THE
LEASE AGREEMENT ENTERED INTO BETWEEN THE CITY AND APIC IN CONJUNCTION
WITH THE 1993 REFUNDING PROJECTS CERTIFICATES OF PARTICIPATION WHICH
AMENDMENTS ARE REQUIRED PURSUANT TO THE TERMS OF THE AMENDED AND
RESTATED LEASE AGREEMENT BETWEEN THE CITY AND THE CALIFORNIA ANGELS, L.
P.)
Board Member Zemel. He assumes this item and Item A18 and A19 on the Council Agenda are
basically the same actions; City Attorney White. It is the same as Item A18, but A19 is different.
Board Member Zemel. He is going to be supporting the motion but wanted to go on record that although
he opposed the Stadium transaction, he realizes if they do not go forward with this proposal, the City
would be in violation of the agreement/MOU and he did not want to endanger the City with regard to that
MOU. With that caveat, he will support the resolution.
Board Member Tait. He surmised this is a requirement from the previous agreement with Disney and the
Angels.
City Attorney White. He answered that is correct. The agreement provides that before the limited
partnership invests $80 million in stadium renovations, they need assurance the team won't be ejected
from the stadium even if the City should default under its Certificate of Participation obligations issued
back in 1993. This action does not cost the City any money. It is an action taken by and on behalf of the
bond holders by the trustee. He confirmed for Board Member Tait if they did not approve this, the City
would be in breach of that prior agreement.
Board Member Tait. For that same reason, he will be supporting this item along with Items A18 and A19
on the Council Agenda.
2. 186: Approving minutes of the Anaheim Public Improvement Corporation meeting held July 9,
1996.
End of Consent Calendar. MOTIONS CARRIED.
ADJOURNMENT: President Daly moved to adjourn, Board Member Lopez seconded the motion.
MOTTO, ARRIED. ( 5:51 p.m.).
LEONORA N. SOHL
SECRETARY