PIC1990/05/081
ANAHEIM PUBLIC IMPROVEMENT CORPORATION
May 8, 1990, 5:47 p.m.
PRESENT: BOARD MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter
ABSENT: BOARD MEMBERS: None
PRESENT: CITY MANAGER: James Ruth
CITY ATTORNEY: Jack White
SECRETARY: Leonora N. Sohl
A complete copy of the agenda for the special meeting of the Anaheim Public
Improvement Corporation was posted at 3:00 p.m. on May 4, 1990 at the Civic
Center kiosk, containing all items as shown herein.
President Hunter called the special meeting of the Anaheim Public Improvement
Corporation to order at 5:47 p.m.
1. 186: AMENDMENT OF VARIOUS BOND DOCUMENTS RELATING TO COMPLIANCE WITH
o, REBATE REQUIREMENTS: Submitted was report dated April 10, 1990 from the City
Treasurer recommending approval of the subject to assure conformity with
rebate requirements under Section 148F of the Internal Revenue Code:
CERTIFICATES OF PARTICIPATION (1989 RECYCLING EQUIPMENT FINANCING PROJECT):
Board Member Pickler offered Resolution No. APIC90 -1 approving a Supplemental
Agreement No. 1 to Trust Agreement and Directing Execution thereof. Refer to
Resolution Book.
RESOLUTION NO. APIC90 -1: A RESOLUTION APPROVING SUPPLEMENTAL AGREEMENT NO. 1
TO TRUST AGREEMENT AND DIRECTING EXECUTION THEREOF.
Roll Call Vote:
AYES: BOARD MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter
NOES: BOARD MEMBERS: None
ABSENT: BOARD MEMBERS: None
The President declared Resolution No. APIC90 -1 duly passed and adopted.
MOTION: Board Member Pickler moved to (1) approve the opinion of Jones, Hall,
Hill and White, a Professional Law Corporation, and (2) Supplemental Agreement
No. 1 to Trust Agreement, dated as of March 1, 1990, by and among the City of
Anaheim, Anaheim Public Improvement Corporation and First Interstate Bank of
California, as Trustee. Board Member Ehrle seconded the motion. MOTION
CARRIED.
186• CERTIFICATES OF PARTICIPATION (POLICE FACILITIES REFINANCING PROJECT):
Board Member Kaywood offered Resolution No. APIC90 -2 approving Supplemental
Agreement No. 1 to Trust Agreement and Directing Execution thereof. Refer to
Resolution Book.
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•
ANAHEIM PUBLIC IMPROVEMENT CORPORATION
May 8. 1990. 5:47 p.m.
RESOLUTION NO. APIC90 -2: A RESOLUTION APPROVING SUPPLEMENTAL AGREEMENT NO. 1
TO TRUST AGREEMENT AND DIRECTING EXECUTION THEREOF.
Roll Call Vote:
AYES: BOARD MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter
NOES: BOARD MEMBERS: None
ABSENT: BOARD MEMBERS: None
The President declared Resolution No. APIC90 -2 duly passed and adopted.
MOTION: Board Member Kaywood moved to approve the Supplemental Agreement No.
1 to Trust Agreement, dated as of March 1, 1990, by and among the City of
Anaheim, Anaheim Public Improvement Corporation and Security Pacific National
Bank, as Trustee. Board Member Ehrle seconded the motion. MOTION CARRIED.
ITEMS OF PUBLIC INTEREST: No items of public interest were addressed.
MINUTES: Board Member Ehrle moved to approve the minutes of the annual
meeting held February 6, 1990. Board Member Pickler seconded the motion.
MOTION CARRIED.
ADJOURNMENT: Board Member Kaywood moved to adjourn. Board Member Hunter --
seconded the motion. MOTION CARRIED. (5:48 p.m.)
LEONORA N. SOHL, SECRETARY
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