HomeMy WebLinkAbout1987-07-13G
Council Chamber,. City Hall
Huntington Beach, California
Monday, July 13, 1987
A tape recording of this meeting is
on file in the City Clerk's Office
Mayor Kelly called the Special Meeting of the City Council of the City of
Huntington Beach to order at 6 p.m.
ROLL CALL
Present: Mays, Finley, Kelly, Green, Bannister
Winchell (arrived 6:10 p.m.)
Absent: Erskine
The Deputy City Clerk was directed to read the Call for Special Meeting.
CALL FOR SPECIAL MUTING
OF
CITY COUNCIL
Jack Kelly, Mayor
John Erskine, Mayor Pro Tem
Grace Winchell, Councilwoman
Ruth Finley, Councilwoman
Tom Mays, Councilman
Peter Green, Councilman
Wes Bannister, Councilman
You are hereby notified that a Special Meeting of the City Council of the City
of Huntington Beach, California, is called for and will be held in Room B-8 of
the Civic Center, at the hour of 6:00 P.M, on Monday, July 13, 1987, for the
purpose of considering items:
1. BOND COUNSEL & UNDERWRITING AGREEMENTS - TAX REVENUE ANTICIPATION NOTES -
RESOLUTION NO 57 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
HUNTINGTON BEACH AUTHORIZING THE BORROWING OF FUNDS FOR FISCAL YEAR
1987-1988, THE ISSUANCE AND SALE OF 1987 TAX AND REVENUE ANTICIPATION
NOTES THEREFOR, APPROVING PRELIMINARY OFFICIAL STATEMENT AND APPOINTING
BOND COUNSEL." and
Approval and authorization to execute an Underwriting Agreement between
the City and Prudential Bache Capital Funding and an agreement for bond
counsel services between the City and Jones, Hall, Hill and White.
2. Recess to Closed Session to consider Personnel Matters Pursuant to Gov-
ernment Code Section 54957.
i-11Is
Page 2 - Council Minutes - 7/13/87
Dated: July 9, 1987
/s/ Jack Kelly
ATTEST: Mayor
ALICIA. M. WENTWORTH, CITY CLERK
/s Connie A. Brockway
Deputy City Clerk
I hereby certify that I received the above notice, "Call for Special Meeting
of the City Council", prior to 6:00 P.M., on Sunday, July 12, 1987.
/s/ Jack Kelly
BOND COUNSEL & UNDERWRITING AGREEMENTS - TAX REVENUE ANTICIPATION NOTES -
RESOLUTION NO 5789
The Deputy City Clerk presented a communication from the City Treasurer trans-
mitting bond counsel and underwriting agreements in connection with the prepa-
ration and sale of tax anticipation notes for fiscal year 1987 in the amount
of $5,000,000, also transmitted was Resolution No. 5789 - "A RESOLUTION OF
THE CITY COUNCIL OF THE CITY OF HWINGTON BEACH AUTHORIZING THE BORROWING OF
FUNDS FOR FISCAL YEAR 1987-1988, THE ISSUANCE AND SALE OF 1987 TAX AND REVENUE
ANTICIPATION NOTES THEREFOR, APPROVING PRELIMINARY OFFICIAL STATEMENT AND
APPOINTING BOND COUNSEL."
A motion was made by Erskine, seconded by Green, to adopt Resolution No.
5789 and to approve and authorize execution of Underwriting Agreement between
the City and Prudential Bache Capital Funding and an agreement for bond
counsel services between the City and Jones, Hall, Hill and White with the
Note Pur- chase Agreement to be amended as follows: Page 3, Paragraph (D) to
read "To the best of knowledge of it, the City has complied in all respects
with the Act."; Page 3, Paragraph (E) insert the words "To the best knowledge
of the City, "; and Page 3, Paragraph (F) insert the words "To the knowledge
of the City, The motion carried by the following roll call vote:
AYES: Mays, Finley, Kelly, Green, Bannister
NOES: None
ABSENT.# Winchell, Erskine
Councilwoman Winchell arrived at the meeting at 6:10 p.m.
CLOSED SESSION
The Mayor called an Closed Session of Cotincil to consider personnel matters
pursuant to Government Code Section 54957.
RECESS - RECONVENE
The Mayor called a recess of Council at 6:08 P.M. The meeting was reconvened
at 7:10 P.M.
CITY OF HUNTINGTON BEACH
2000 MAID STREET
OFFICE OF THE CITY CLERK
CALL FOR SPECIAL MEETING
OF
CITY COUNCIL
Jack Kelly, Mayor
John Erskine, Mayor Pro Tem
Wes Bannister, Councilman
Ruth Finley, Councilwoman
Peter Green, Councilman
Tom Mays, Councilman
Grace Winchell, Councilwoman
CALIFORNIA 92648
You are hereby notified that a Special Meeting of the City Council
of the City of Huntington Beach, California, is called for and will
be held in Room B-8 of the Civic Center, at the hour of 6:00 P.M.,
on Monday, July 13, 1987, for the purpose of considering items:
1. BOND COUNSEL & UNDERWRITING AGREEMENTS - TAX REVENUE
ANTICIPATION NOTES - RESOLUTION NO 5789 - "A RESOLUTION OF THE
CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH AUTHORIZING THE
BORROWING OF FUNDS FOR FISCAL YEAR 1987-1988, THE ISSUANCE AND
SALE OF 1987 TAX AND REVENUE ANTICIPATION NOTES THEREFOR,
APPROVING PRELIMINARY OFFICIAL STATEMENT AND APPOINTING BOND
COUNSEL." and
Approval and authorization to execute an Underwriting Agreement
between the City and Prudential Bache Capital Funding and an
agreement for bond counsel services between the City and Jones,
Hall, Hill and White.
2. Recess to Closed Session to consi
to Government Code Section 54957.
Dated: July 9, 1987
ATTEST:
ALIC A M. WENTWORTH, CITY CLERK
BY: Deputy City Clerk
I hereby certify that I received the abo notic "Call f r Special
Meeting of the City Council," prior to :00 P.M., on Sun d y, m y
12, 1987 //
147
(Telephone: 7
Page 3 - Council Minutes - 7/13/87
ADJOMI3Nr
The Mayor declared the Special Meeting of the City Council of the City of
Huntington Beach adjourned.
ATTEM
Alicia M. Wentworth
City Clark
8Y
Deputy -City Cletv
Alicia M. Wentworth
City ClerE and ex-officio C erk
of the City Council of the City
of Huntington Beach, California
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