Resolution authorizing the sale and issuance of the 2005 Tax Allocation Refunding Bonds for the Culver City Redevelopment Project. City of Culver City California City Council Agenda Item Report Item Number: J 1 Action Item: X Meeting Date: 09/26/05 AGENDA ITEM: Joint City Council/Agency Discussion Regarding Authorization for the Sale and Issuance of Tax Allocation Refunding Bonds Appointing a Trustee and Escrow Agent Authorizing the Execution and Delivery of Certain Documents and Authorizing the Execution of Agreements with Bond Consultants in Connection with the 2005 Bonds and Approval and Adoption of Resolutions Related Thereto All in Connection with the Sale and Issuance of 2005 Tax Allocation Refunding Bonds for the Culver City Redevelopment Project Contact Person/Dept.: Marlee Chang (Admin./Budget & Finance) Todd Tipton (CDD/Redevelopment) Fiscal Impact: Yes No X Public Hearing: Public Notification: James Fabian of Fieldman Rolapp & Associates Jim Cervantes of Stone & Youngberg Bill Kramer of Richards Watson & Gershon and Greg Soo Hoo of Keyser Marston Associates Master Notification List Department Approval: Marlee Chang 9/20/05 City Controller Approval: N/A Phone Number: (310) 253 6011 (310) 253 5783 General Fund: Yes No X Attachments: X CAO Approval: Scott Bixby for Jerry Fulwood 9/20/05 RECOMMENDATION: That the City Council and Culver City Redevelopment Agency (Agency) take action to approve documents and adopt resolutions authorizing the sale and issuance of the 2005 Tax Allocation Refunding Bonds for the Culver City Redevelopment Project and authorize the execution of agreements with the bond consultants in connection with the 2005 Bonds. Please refer to the Culver City Redevelopment Agency staff report and agenda packet for a complete discussion of this agenda item. ATTACHMENTS: 1. Resolution of the City Council of the City of Culver City approving the issuance of the 2005 Tax Allocation Refunding Bonds by the Culver City Redevelopment Agency. City of Cul...
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