REPORT TO THE CITY COUNCIL
FROM: SANTINO DANISI, City Controller/Finance Director
Finance Department
BY: KALEB NEUFELD, Assistant City Controller
Finance Department
SUBJECT:
Title
Actions pertaining to issuance and sale of 2026 Lease Revenue Bonds to finance the Pave More Now Projects and Police Department Administration Building Improvements:
***RESOLUTION - Approving the issuance by the Fresno Joint Powers Financing Authority of lease revenue bonds in an aggregate principal amount not to exceed $130 million, authorizing the execution and delivery of a first amendment to master facilities lease, a first amendment to master facilities sublease, a bond purchase agreement, an official statement and a continuing disclosure certificate; and authorizing execution of documents and the taking of all necessary actions relating to the financing. (City action) (Requires Five Affirmative Votes) (Subject to Mayor’s Veto)
RESOLUTION of the Fresno Joint Powers Financing Authority authorizing the issuance and sale of Lease Revenue Bonds (Pave More Now Projects and Police Department Administration Building Improvements), Series 2026, authorizing the execution and delivery of a first supplemental trust agreement, a first amendment master facilities lease, a first amendment master facilities sublease, a bond purchase agreement, and an official statement, and authorizing the taking of all necessary actions relating to issuance of the Series 2026 Bonds. (Joint Powers Financing Authority action)
***RESOLUTION - Authorizing the release of facilities and amendment of the 2008 Master Facilities Lease and 2008 Master Facilities Sublease relating to the Fresno Joint Powers Authority Lease Revenue Bonds (Master Lease Projects) and approving the taking of all necessary or desirable actions in connection therewith. (City action) (Requires Five Affirmative Votes) (Subject to Mayor’s Veto)
RESOLUTION of the Fresno Joint Powers Financing Authority authorizing the release of facil...
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