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OaklandRedevelopmentAgencyAndCityCouncilAndJointPowersFinancingAuthority,2009-02-17,"Concurrent Meeting of the Oakland
Meeting Minutes
February 17, 2009
Redevelopment Agency/City
Council/Joint Powers Financing
Authority
S-19
Subject:
Central District Redevelopment Project Bonds
From:
Finance and Management Agency
Recommendation: Adopt The Following Pieces Of Legislation:
1) A Resolution Of The City Council Of The City Of Oakland Approving Issuance By The
Redevelopment Agency Of The City Of Oakland Of Not To Exceed $60,000,000 Aggregate
Principal Amount Of Redevelopment Agency Of The City Of Oakland Central District
Redevelopment Project Subordinated Tax Allocation Bonds, Series 2009T (Federally Taxable),
And Providing Other Matters Properly Relating Thereto;
09-0042
Play Video
A motion was made by Councilmember Quan, seconded by
Councilmember Kernighan, that this matter be Adopted. The motion
carried by the following vote:
Votes: ORAICouncilmember Absent: 1 - Councilmember Reid
ORAICouncilmember Ayes: 7 - Councilmember Kernighan, Councilmember
Kaplan, Councilmember De La Fuente, President of the Council Brunner,
Councilmember Quan, Councilmember Nadel and Councilmember Brooks
View Report.pdf
81801 CMS.pdf
2) An Agency Resolution Of The Redevelopment Agency Of The City Of Oakland Authorizing
The Issuance And Prescribing The Terms, Conditions And Form Of Not To Exceed $60,000,000
Principal Amount Of The Redevelopment Agency Of The City Of Oakland Central District
Redevelopment Project Subordinated Tax Allocation Bonds, Series 2009T (Federally Taxable),
Approving The Form Of And Authorizing The Execution And Delivery Of A Third Supplemental
Indenture Of Trust And A Bond Purchase Contract; Approving The Form Of And Authorizing
The Distribution Of A Preliminary Official Statement And Authorizing Execution And Delivery
Of An Official Statement; Approving The Purchase And Cancellation Of A Portion Of The Series
2005 Bonds; Approving The Selection And Retention Of A Financial Advisor And Underwriter;
Authorizing Payment Of Costs Of Issuance; Allocating Bond Proceeds To Finance
Redevelopment Activities In The Redevelopment Project Area; And Authorizing And Approving
Necessary Actions In Connection Therewith; And
09-0042-1
A motion was made by Councilmember Quan, seconded by
Councilmember Kernighan, that this matter be Adopted. The motion
carried by the following vote:
Votes: ORAICouncilmember Absent: 1 - Councilmember Reid
ORAICouncilmember Ayes: 7 - Councilmember Kernighan, Councilmember
Kaplan, Councilmember De La Fuente, President of the Council Brunner,
Councilmember Quan, Councilmember Nadel and Councilmember Brooks
2009-0011 CMS.pdf
City of Oakland
Page 15
Printed on 5/15/09",15,OaklandRedevelopmentAgencyAndCityCouncilAndJointPowersFinancingAuthority/2009-02-17.pdf