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HomeMy WebLinkAbout03-04-2002SuppAgenda SUPPLEMENTAL AGENDA MAYOR AND COMMON COUNCIL AND THE COMMUNITY DEVELOPMENT COMMISSION CITY OF SAN BERNARDINO MARCH 4, 2002 2:00 P.M. Economic Development Ae:ency RS1. Joint Powers Financing Authority Subordinate Tax Allocation Bond Series 2002A. (Joint Powers Financing Authority) A. A Resolution of the San Bernardino Joint Powers Financing Authority authorizing the issuance of San Bernardino Joint Powers Financing Authority Subordinated Tax Allocation Refunding Bonds, Series 2002A in a total aggregate principal amount not to exceed $33,000,000, approving the form of certain legal documents related thereto and authorizing and directing their preparation, execution and delivery. (Resolution not available at time of printing.) (Community Development Commission) B. A Resolution of the Community Development Commission of the City of San Bernardino authorizing on behalf of the Redevelopment Agency of the City of San Bernardino, the borrowing of funds from the San Bernardino Joint Powers Financing Authority in a total aggregate principal amount of not to exceed $33,000,000, authorizing the form of certain legal documen ts related thereto and authorizing and directing their preparation, execution and delivery. (Resolution not available at time of printing.) (Item Continued on Next Page) 1 03/04/2002 RS 1. Continued. (Mayor and Common Council) C. A Resolution of the Mayor and Common Council of the City of San Bernardino authorizing the borrowing by the Redevelopment Agency of the City of San Bernardino from the San Bernardino Joint Powers Financing Authority in a total aggregate principal amount of not to exceed $33,000,000, authorizing the form of certain legal documen ts related thereto and authorizing and directing their preparation, execution and delivery. (Resolution not available at time of printing.) MOTION: That said resolutions A-C, be adopted; and that the Community Development Commission approve the staff recommendations for the prioritization of the use of the bond proceeds for the proposed Subordinate Tax Allocation Box, Series 2002A. 2 03/04/2002