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Long Beach Bond Finance Authority

Thursday, March 30, 2023 · 12:45 PM PM · 411 W. Ocean Boulevard Civic Chambers

TL;DR

The Long Beach Bond Finance Authority held a routine meeting to approve previous meeting minutes and adjust the interest rates for Natural Gas Purchase Revenue Bonds. The meeting was primarily administrative in nature, with no direct impact on major city services or residents.

Key Decisions

  • Approve July 28, 2022 Meeting Minutes Passed
  • Adjust Interest Rates for Natural Gas Revenue Bonds, Series 2007B Passed
Agenda PDF Minutes PDF

Agenda

  1. FINISHED AGENDA & DRAFT MINUTES
  2. SPECIAL MEETING
  3. CALL TO ORDER
  4. ROLL CALL
  5. REGULAR AGENDA
  6. NEW BUSINESS
  7. PUBLIC COMMENT
  8. ADJOURNMENT
  9. SPECIAL MEETING
  10. CALL TO ORDER
  11. ROLL CALL
  12. REGULAR AGENDA
  13. 1. Recommendation to approve the minutes of the Long Beach Bond Finance Authority meeting held Thursday, July 28, 2022.
    BA-Agenda Item
    Action: approve recommendation Passed

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

  14. 2. Recommendation to adopt resolution of the board of directors of the Long Beach Bond Finance Authority authorizing a change in the interest rate for the Natural Gas Purchase Revenue Bonds, Series 2007B and the related interest rate swaps authorizing and approving contracts, agreements and other documents and actions relating thereto; and delegating authority to officers in connection therewith.
    BA-Resolution
    Action: approve recommendation and adopt Passed

    A motion was made by Riper, seconded by Kim, to approve recommendation and adopt Resolution No. LBBFA-2023-01. The motion carried by the following vote:

  15. NEW BUSINESS
  16. PUBLIC COMMENT
  17. ADJOURNMENT
  18. I, Jonathan Nagayama, City Clerk Analyst, certify that the agenda was posted not less than 24 hours prior to the meeting.
  19. 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 Justine Valov, Financial Management at (562) 570-6632, by 12 noon, the day prior to the meeting. jn