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Long Beach Bond Finance Authority

Thursday, May 17, 2018 · 11:00 AM AM · 333 W. Ocean Boulevard Council Chamber

TL;DR

The Long Beach Bond Finance Authority held a brief meeting to approve past meeting minutes and authorize a bond amendment for Parks/Open Space Financing Project. The meeting involved routine administrative actions related to city bond management.

Key Decisions

  • Approve meeting minutes from March 2013 and May 2018 Passed
  • First amendment to lease revenue bonds for Parks/Open Space Financing Project Passed
Agenda PDF Minutes PDF

Agenda

  1. FINISHED AGENDA & MINUTES
  2. CALL TO ORDER
  3. ROLL CALL
  4. REGULAR AGENDA
  5. 1. Recommendation to approve the minutes of the Long Beach Bond Finance Authority meeting held Thursday, March 17, 2013 and Thursday, May 10, 2018.
    BA-Agenda Item
    Action: approve recommendation Passed

    A motion was made by Gross, seconded by Nakamoto, to approve recommendation. The motion carried by the following vote:

  6. 2. Recommendation to receive the documentation into the record, adopt resolution approving the form and authorizing the execution of a first amendment to indenture of trust relating to the Authority’s Lease Revenue Bonds, 2006 Series B (Parks/Open Space Financing Project), approving related documents and official actions, and authorizing the redemption of bonds.
    BA-Resolution
    Action: approve recommendation and adopt Passed

    A motion was made by Gross, seconded by Nakamoto, to approve recommendation and adopt Resolution No. LBBFA-2018-01. The motion carried by the following vote:

  7. NEW BUSINESS
  8. PUBLIC COMMENT
  9. ADJOURNMENT
  10. I, Jonathan Nagayama, City Clerk Specialist, certify that the agenda was posted not less than 72 hours prior to the meeting.
  11. NOTE: The City of Long Beach provides reasonable accommodations in accordance with the Americans with Disabilities Act of 1990. If a special accommodation is desired, or if an agenda is needed in an alternative format, please call Nicole Lopez, Financial Management at (562) 570-6277, at least 48 hours prior to the meeting. jn