HomeMy WebLinkAbout09/25/13 PUBLIC BENEFIT CORP MINUTESooh
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" BAKERSFIELD PUBLIC BENEFIT CORPORATION
' MINUTES
® SPECIAL MEETING OF SEPTEMBER 25, 2013
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Council Chambers, City Hall, 1501 Truxtun Avenue
Special Meeting 5:15 p.m.
SPECIAL MEETING - (This meeting will commence immediately ACTION TAKEN
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 PES PBC WI -13
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 RES PBC 002.13
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 APPROVED
Resolution ratifying the articles of incorporation
and Bylaws of the Bakersfield Public Benefit
Corporation.
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3.
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Bakersfield, California, September 25, 2013 - Page 2
NEW BUSINESS continued
Motion by Vice - Chairman Weir to adopt the Resolution
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.
ADJOURNMENT
Chairman Hall adjourned the meeting of 828 p
MAYOR of the City of Bakersfield, A
ATTEST:
CITY CLERK and Ex Offici erk of
the Council of the City of akersfield
ACTION TAKEN
APPROVED
NOES MAXWELL
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