HomeMy WebLinkAbout2011 02-22 CC CDC MINBook 93 / Page 58
02-22-2011
MINUTES OF THE SPECIAL MEETING OF THE CITY COUNCIL
AND COMMUNITY DEVELOPMENT COMMISSION
OF NATIONAL CITY, CALIFORNIA
February 22, 2011
The Special Meeting of the City Council and Community Development
Commission of National City was called to order at 6:02 p.m. by Mayor /
Chairman Ron Morrison.
ROLL CALL
Council / Commission members present: Morrison, Natividad, Rios, Sotelo-Solis,
Zarate.
Administrative Officials present: Babaki, Della, Deese, Duong, Gonzales,
Ladrido, Parra, Raulston, Silva, Smith, Stevenson, Williams, Zapata.
Others present: Student Representative Samantha Galicia.
PUBLIC ORAL COMMUNICATIONS
None.
CITY COUNCIL
BONDS ADMIN (207-1-1)
1. Resolution No. 2011-48. A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF NATIONAL CITY APPROVING ISSUANCE OF BONDS IN
AN AMOUNT NOT TO EXCEED $45,000,000 BY THE COMMUNITY
DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY WITH
RESPECT TO THE NATIONAL CITY REDEVELOPMENT PROJECT.
(Redevelopment)
RECOMMENDATION: Adopt the Resolution.
TESTIMONY: City Manager Chris Zapata, CDC Executive Director
Brad Raulston and the City's Financial Advisor, Michael Bush,
made a brief presentation on the proposed bond issuance. (Copy
on file in the Office of the City Clerk)
Jose Medina, Environmental Health Coalition (EHC) spoke in
support.
Mary Jane Jagodzinski, Community Housing Associates, spoke in
support.
Georgette Gomez, EHC, spoke in support.
Jeffery Charles, Carousel Corporation, spoke in support.
ACTION: Motion by Sotelo-Solis, seconded by Natividad, to adopt
the Resolution. Carried by unanimous vote.
Book 93 / Page 59
02-22-2011
COMMUNITY DEVELOPMENT COMMISSION
BONDS ADMIN (207-1-1)
2. Resolution No. 2011-49. A RESOLUTION OF THE COMMUNITY
DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY
AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $45,000,000
PRINCIPAL AMOUNT OF 2011 TAX ALLOCATION BONDS WITH
RESPECT TO THE NATIONAL CITY REDEVELOPMENT PROJECT;
APPROVING, AUTHORIZING AND DIRECTING EXECUTION OF A THIRD
SUPPLEMENT TO INDENTURE OF TRUST RELATING THERETO;
AUTHORIZING SALE OF SUCH BONDS; APPROVING OFFICIAL
STATEMENT; AND PROVIDING OTHER MATTERS PROPERLY
RELATING THERETO. (Redevelopment)
RECOMMENDATION: Adopt the Resolution.
TESTIMONY: None.
ACTION: Motion by Zarate, seconded by Sotelo-Solis, to adopt the
Resolution. Carried by unanimous vote.
ADJOURNMENT
Motion by Zarate, seconded by Sotelo-Solis, to adjourn the meeting to the next
Regular City Council and Community Development Commission Meeting to be
held Tuesday, March 1, 2011 at 6:00 p.m. at the Council Chambers, National
City, California. Carried by unanimous vote.
The meeting closed at 6:53 p.m.
City Clerk / Recdrding Secretary
The foregoing minutes were approved at the Regular Meeting of April 19, 2011.
Mayor / CDC Chairman