SUMMARY OF ACTIONS TAKEN BY

CITY OF SANTA CLARA

JOINT FINANCING AUTHORITY

THIS DOCUMENT IS PREPARED AS A SUMMARY ONLY AND IS NOT INTENDED TO BE AN OFFICIAL RECORD OF CITY COUNCIL ACTIONS. THE OFFICIAL MINUTES OF EACH MEETING ARE AVAILABLE IN THE CLERK’S OFFICE APPROXIMATELY THREE WEEKS FOLLOWING THE MEETING.

 

 

April 19, 2011

 

 

 

REGULAR MEETING

7:00 PM in the City Hall Council Chambers

 

 

APPEAL OF HEARING DECISIONS OF THE JOINT FINANCING AUTHORITY MUST BE MADE TO THE SUPERIOR COURT WITHIN 90 CALENDAR DAYS OF FINAL ACTION. BECAUSE OF THE AGENDA PROVISION FOR RECONSIDERATION, FINAL ACTION IS DEEMED TO OCCUR AT THE END OF THE NEXT REGULAR MEETING PURSUANT TO CITY COUNCIL POLICY (P&P 042). (CODE OF CIVIL PROCEDURE SECTION 1094.6)

 

1.

ROLL CALL:

 

A.

Present: Board Members Kennedy, Kolstad, Mahan and Moore and Chairperson Matthews. Absent: Board Members Gillmor (excused) and McLeod (excused).

 

2.

APPROVAL OF MINUTES:

 

A.

June 10, 2003.

 

• ACTION:

Noted and Filed

 

• ASSIGNMENT:

Joint Financing Authority Secretary

 

3.

CONTINUANCE/EXCEPTIONS:

 

4.

UNFINISHED BUSINESS:

 

A.

Possible Reconsideration of Actions Taken at Immediately Preceding Meeting. (See Summary of Actions for potential reconsideration, which is attached to the posted Agenda and is in the Agenda Packet Binder in the Council Chambers.)

 


 

5.

NEW BUSINESS

 

A.

Proposed San Francisco 49er Stadium Project

 

1.

Adoption of a Resolution authorizing the purchase of Bayshore North Redevelopment Project 2011 Tax Allocation Bonds from the Redevelopment Agency and the concurrent sale of the Bonds to the Underwriter, approving form and execution of documents and authorizing certain other related actions consistent with projected economic and fiscal impact and authorization to make any minor, non-substantive or routine changes and execute all necessary documents to complete the transaction.

 

• ACTION:

Adopted Resolution No. 11-1 (JFA).

 

• ASSIGNMENT:

Chief Financial Officer

 

6.

PUBLIC PRESENTATIONS:

 

This item is reserved for persons to address the Authority on any matter not on the agenda that is within the subject matter jurisdiction of the City. The law does not permit Authority action on, or extended discussion of, any item not on the agenda except under special circumstances. The Authority, or staff, may briefly respond to statements made or questions posed, and the Authority may request staff to report back at a subsequent meeting. Although not required, please submit to the Authority Secretary your name and subject matter on forms available by the door in the Council Chambers.

 

7.

REPORTS OF JOINT FINANCING MEMBERS AND SPECIAL JOINT FINANCING COMMITTEES:

 

A.

Reports regarding conference attendance, if any.

 

8.

CLOSED SESSION MATTERS:

 

9.

ADJOURNMENT:

 

A.

To a date to be determined at 7:00 pm in the City Hall Council Chambers.