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11-19-2002 CC RPT 06
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2/4/2009 12:51:16 PM
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11/14/2002 8:17:49 PM
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General - Type
City Council Reports
General 2 - Date
11/19/2002
Number
06
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11-19-2002 CC AGENDA
(Agenda)
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\City Council Agendas\2000-2009\2002
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Bond Financing Teams · Page 2 <br /> <br />COMMI'I-FEE RECOMMENDATION: <br /> <br />Staff did not present this item to the Finance Committee. The meeting scheduled for November 11,2002 <br />was cancelled due to the Veterans Day Holiday and it is important that the Agency move quickly to take <br />advantage of the current bond market. <br /> <br />RECOMMENDATIONS: <br /> <br />That the Redevelopment Agency: <br /> <br />Approve the selection of the law firm of Best, Best and Krieger as Agency bond counsel for the <br />refunding of the 1994 California Tower Lease Revenue Bonds Series A and B, the refunding of the <br />1993 Downtown/Airport Tax Allocation Bonds Series A, the refunding of the 1991 Arlington Tax <br />Allocation Bonds and the new bond issue for the Magnolia Center Project Area. <br /> <br />2. Approve the selection of the firm of Stone and Youngberg as Agency underwriter for the refunding of <br /> the 1994 California Tower Lease Revenue Bonds Series A and B, <br /> <br />Approve the selection of the firm of UBS PaineWebber as Agency underwriter for the refunding of the <br />1993 Downtown/Airport Tax Allocation Bonds Series A, the refunding of the 1991 Arlington Tax <br />Allocation Bonds and the new bond issue for the Magnolia Center Project Area. <br /> <br />Prepared by: <br /> <br />Approved by: <br /> <br />Development Fiscal Manager <br /> <br />Executive Director <br /> <br />Conc~ with:~-~. ' ~"~'~ ¢'~'~/'~"~ <br />Michael J, Beck <br />Deputy City Manager <br /> <br />Approved as to form: <br /> <br />AGr[~g~vy P' 17'riamgL~r~cy General c~oSunsel <br /> <br />Concur/ <br />cG~t~JMenaa~ge ya~aih° <br /> <br />Concurs with: <br /> <br />Paul C. Sundeen <br />Finance Director <br /> <br />6-2 <br /> <br /> <br />
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