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HomeMy WebLinkAbout01- Redevelopment Agency R11-'*)EVELOPMENT AGENCY-REQUEST FOR ^,0 ISS / C:0llNCIL I ""TON From: Glenda Saul , Executive Director Subject: BOND ISSUE - NORTHWEST Dept: Redevelopment Agency Date: February 8, 1988 Synopsis of Previous Commission/Council action: September 9, 1986 - Resolution 4930 authorizing the issuance of a principal amount not to exceed $3,500,000 of Tax Allocation Bonds for the Northwest Redevelopment Project. September 9, 1986 - Resolution 4931 provided for the sale of a principal amount not to exceed $3,500,000 of Tax Allocation Bonds for the Northwest Redevelopment Project. February 1 , 1988 - Resolution 5074 provided for the sale of a principal amount not to exceed $4,000,000 of Tax Allocation Notes for the Northwest Redevelopment Project. (Synopsis of Previous Commission/Council Action Continued) Recommended motion: (COMMUNITY DEVELOPMENT COMMISSION) A. MOVE TO ADOPT A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO APPROVING FURTHER AMENDMENTS TO THE RESOLUTION AUTHORIZING THE ISSUANCE OF $4,000,000 PRINCIPAL AMOUNT OF ITS TAX ALLOCATION NOTES, TAXABLE SERIES, TO AID IN THE FINANCING OF A PORTION OF THE COST OF A REDEVELOPMENT PROJECT KNOWN AS THE NORTHWEST REDEVELOPMENT PROJECT AND APPROVING THE EXECUTION AND DELIVERY OF CERTAIN DOCUMENTS IN THE CONNECTION THEREWITH. (CONTINUED ON PAGE 2. ) Signature Contact person: Glenda Saul , Executive Director Phone: 383-5081 Supporting data attached: Yes Ward: FUNDING REQUIREMENTS: Amount: $ Project: NW No adverse Impact City: — Date: February 15, 1988 Council Notes: Agenda Item No. ■■nwomm•— , RE EVELOPMENT AGENCIPnaOt EST POR COMMISSION/COUNCIL A rRM ( 'n: Glenda Saul , Executive Director Subject: BOND ISSUES - CENTRAL CITY NORTH REFUNDING AND 1988 BOND ISSUES Dept: Redevelopment Agency Date: February 9, 1988 Synopsis of Previous Commission/Council action: November 15, 1982 - Resolution 4413 authorizing the issuance of $6,300,000 Central City North Tax Allocation Bonds. March 23, 1987 - Adjourned to 3-30-87 to discuss financing Central City North and Southeast Industrial Park. March 30, 1987 - Resolution 87-105 authorized setting the public hearing to consider refunding of Central City North, 1982 Issue. March 30, 1987 - Resolution 5001 authorized preparation of documents for refunding Central City North 1982 Issue. (Synopsis of Previous Action Continued) Recommended motion: (MAYOR AND COMMON COUNCIL) Move to open public hearing/close public hearing. r. (MAYOR AND COMMON COUNCIL) A. MOVE TO ADOPT A RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING THE ISSUANCE BY THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO OF NOT TO EXCEED $7,400,000 REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, CENTRAL CITY NORTH REDEVELOPMENT PROJECT AREA, TAX ALLOCATION REFUNDING BONDS, ISSUE OF 1988, AND MAKING CERTAIN FINDINGS AND DETERMINATIONS IN CONNECTION THEREWITH. (CONTINUED ON PAGE 2) x, P Signature Contact person: Glenda Saul , Executive Director Phone: 383-5081 Supporting data attached: Yes Ward: FUNDING REQUIREMENTS: Amount: $ Project: CCN No adverse Impact on Ci Date: February 15, 1988 i l � .cil Notes: > i p9, n n t _� "2.11472F j Agenda Item No 1 REDEVELOPMENT AGENCY-REQUEST FOR COMMISSION/COUNCIL ACTION Glenda Saul , Executive Director BOND ISSUES - SOUTHEAST INDUSTRIAL From: Subject. PARK REFUNDING AND 1988 BOND ISSUES Dept: Redevelopment Agency Date: February 9, 1988 Synopsis of Previous Commission/Council action: October 11 , 1983 - Resolution 4537 authorizing the issuance of $11 ,000,000 Southeast Industrial Park Bonds. March 23, 1987 - Adjourned to 3-30-87 to discuss financing Central City North and Southeast Industrial Park. March 30, 1987 - Resolution 87-106 authorized setting the public hearing to consider refunding of Southeast Industrial Park, 1983. March 30, 1987 - Resolution 5002 authorized preparation of documents for refundin, Southeast Industrial Park 1983. (Synopsis of Previous Action Continued) Recommended motion: (MAYOR AND COMMON COUNCIL) Move to open public hearing/close public hearing. (MAYOR AND COMMON COUNCIL) A. MOVE TO ADOPT A RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING THE ISSUANCE BY THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO OF NOT TO EXCEED $13,125,000 REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO, SOUTHEAST INDUSTRIAL PARK REDEVELOPMENT PROJECT AREA, TAX ALLOCATION REFUNDING BONDS, ISSUE OF 1988, AND MAKING CERTAIN FINDINGS AND DETERMINATION IN CONNECTION THEREWITH. (CONTINUED ON PAGE 2) Signature Contact person: Glenda Saul , Executive Director Phone: 383-5081 Supporting data attached: Yes Ward: FUNDING REQUIREMENTS: Amount: $ _ Project: SEIP No adverse Impact on City: - _ Date: February 15, 1988 Council Notes: