HomeMy WebLinkAbout11/18/15 PUBLIC BENEFIT CORPORATION AGENDA PACKET SPECIALF �
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BAKERSFIELD PUBLIC BENEFIT CORPORATION
AGENDA
SPECIAL MEETING OF NOVEMBER 18, 2015
COUNCIL CHAMBERS, CITY HALL, 1501 TRUXTUN AVENUE
SPECIAL MEETING - 4:00 PM
SPECIAL MEETING
(This meeting will commence immediately after adjournment of the 4:00 PM Regular Meeting
of the City Council.)
1. ROLL CALL
2. PUBLIC STATEMENTS
3. NEW BUSINESS
a. Approval of minutes of the September 25, 2013, Public Benefit
Corporation Special Meeting.
4. ADJOURNMENT
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MEETING DATE: 11/18/2015 New Business 3. a.
TO: Honorable Mayor and City Council
FROM: Roberta Gafford, City Clerk
DATE: 11/18/2015
WARD:
SUBJECT: Approval of minutes of the September 25, 2013, Public Benefit
Corporation Special Meeting.
STAFF RECOMMENDATION:
BACKGROUND:
ATTACHMENTS:
Description
Minutes
Type
C:3aCIH Ua p 11Mateid4l
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BAKERSFIELD PUBLIC BENEFIT CORPORATION
MINUTES
SPECIAL MEETING OF SEPTEMBER 25, 2013
Council Chambers, City Hall, 1501 Truxtun Avenue
Special Meeting 5:15 p.m.
SPECIAL MEETING - (This meeting will commence immediately
after adjournment of the 5:15 p.m. Regular Meeting of the
City Council.) 8:23 p.m.
1. ROLL CALL
Present: Chairman Hall, Vice - Chairman Weir,
Directors Rivera, Maxwell, Smith, Hanson,
Sullivan, Johnson
Absent: None
2. PUBLIC STATEMENTS
None.
3. NEW BUSINESS
a. Resolution of the Board of Directors of the
Bakersfield Public Benefit Corporation ratifying
the Articles and Incorporation and Bylaws of
the Bakersfield Public Benefit Corporation.
Resolution of the Board of Directors of the
Public Benefit Corporation authorizing the
Execution and Delivery of a Trust Agreement, a
Certificate Purchase Agreement, and an
Installment Sale Agreement in connection with
the City Gas Tax, Transportation Impact Fee
and Restricted Utility Franchise and Surcharge
Revenue Certificates of Participation, Series
2013 (Thomas Roads Improvement Program)
and other matters relating thereto.
City Manager Tandy made staff comments.
Motion by Director Maxwell to adopt the
Resolution ratifying the articles of incorporation
and Bylaws of the Bakersfield Public Benefit
Corporation.
ACTION TAKEN
RES PBC 001 -13
RES PBC 002 -13
APPROVED
11/18/15 PEC SPECIAL PAGE 3
Bakersfield, California, September 25, 2013 - Page 2
3. NEW BUSINESS continued ACTION TAKEN
Motion by Vice - Chairman Weir to adopt the Resolution APPROVED
NOES MAXWELL
authorizing the execution and delivery of a Trust
agreement, a Certificate Purchase Agreement, and an
Installment Sale Agreement in connection with the City
Gas Tax, Transportation Impact Fee and Restricted
Utility Franchise and Surcharge Revenue Certificates of
Participation, Series 2013 (Thomas Roads Improvement
Program) and other matters relating thereto.
6. ADJOURNMENT
Chairman Hall adjourned the meeting at 8:28 p.m.
MAYOR of the City of Bakersfield, CA
ATTEST:
CITY CLERK and Ex Officio Clerk of
the Council of the City of Bakersfield
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