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HomeMy WebLinkAbout2011 02-08 CC CDC MINBook 93 / Page 43 02-08-2011 MINUTES OF THE SPECIAL MEETING OF THE CITY COUNCIL AND COMMUNITY DEVELOPMENT COMMISSION OF NATIONAL CITY, CALIFORNIA February 8, 2011 The Special Meeting of the City Council and Community Development Commission of National City was called to order at 6:04 p.m. by Mayor / Chairman Ron Morrison. ROLL CALL Council / Commission members present: Morrison, Natividad, Rios, Zarate. Council / Commission members absent: Sotelo-Solis. Administrative Officials Present: Della, Deese, Ladrido, Parra, Raulston, Silva, Smith, Stevenson, Zapata. Others present: Student Representatives Fred Wells and Samantha Galicia. A recess was called at 6:04 p.m. The meeting reconvened at 6:14 p.m. Council / Commission members present: Morrison, Natividad, Rios, Sotelo-Solis, Zarate. PUBLIC ORAL COMMUNICATION Frank Lopez, National City, encouraged Council to work together to do what is best for City and to keep in mind the most vulnerable citizens — youth and seniors. Mr. Lopez said he is committed to work to keep Proposition D in place. OPEN SESSION BONDS ADMIN (207-1-1) CONTRACT (C2011-15) 1. Resolution No. 2011-26. RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY (CDC) ACCEPTING THE REPORT OF THE EVALUATION COMMITTEE FOR POTENTIAL CDC BOND ADVISORS PROVIDING A RECOMMENDATION FOR BOND COUNSEL (JONES HALL), DISCLOSURE COUNSEL (BEST, BEST & KRIEGER), AND UNDERWRITER(S) (DE LA ROSA AND STONE & YOUNGBERG); APPROVING THE SELECTION OF BOND COUNSEL, DISCLOSURE COUNSEL, AND UNDERWRITER(S); AND, AUTHORIZING THE HIRING OF BOND COUNSEL, DISCLOSURE COUNSEL, AND UNDERWRITER(S) INCLUDING AUTHORIZING EXECUTION OF SAID Book 93 ! Page 44 02-08-2011 OPEN SESSION (cont.) BONDS ADMIN (207-1-1) CONTRACT (C2011-15) 1. Resolution No. 2011-26 (continued). AGREEMENTS ALL RELATED TO A POTENTIAL BOND ISSUANCE FOR THE CDC. RECOMMENDATION: Adopt the Resolution. TESTIMONY: Ken Holmen, representing Stone & Youngberg, responded to questions. ACTION: Motion by Rios, seconded by Natividad, to accept the committee's recommendation and adopt the Resolution. Carried by unanimous vote. ADJOURNMENT Motion by Zarate, seconded by Rios, to adjourn the meeting to the next Regular City Council and Community Development Commission to be held Tuesday, February 15, 2011 at 6:00 p.m. at the Council Chambers, National Citv. California. Carried by unanimous vote. The meeting closed at 6:49 p.m. City Clerk / Recording Secretary The foregoing minutes were approved at the Regular Meeting of April 5, 2011. Y7Z. Mayor / CDC Chairman