1992-03-17 APFA MinutesMINUTES OF INITIAL MEETING OF ALAMEDA PUBLIC FINANCING AUTHORITY
TUESDAY MARCH 17, 1992
The meeting convened at 10:39 p.m. with Chairman Withrow presiding.
ROLL CALL - Present: Boardmembers Arnerich, Camicia, Lucas, Roth and
Chairman Withrow - 5.
RESOLUTIONS
92-01 Resolution No. 92-1 "Fixing time and Place for Regular Meetings
and providing the manner in which Special Meetings of the Authority
may be called, Adopting Bylaws, Adopting a Conflict of Interest Code,
Establishing a Seal for the Authority, Directing the Filing of a
Notice of Formation with the Secretary of State, Designating an
Official Meeting Address, and Establishing the Order of Business and
Rules for its Proceedings." Adopted.
Boardmember Camicia moved adoption of the resolution. Boardmember
Lucas seconded the motion which carried by unanimous voice vote - 5.
92-02 Resolution No. 92-2 "Authorizing the issuance of Not to Exceed
$3,000,000 Principal Amount of Revenue Bonds Relating to the City of
Alameda Community Improvement Commission's West End Community
Improvement Project, Authorizing and Directing Execution of a Related
Indenture of Trust and Loan Agreement, Authorizing the Sale of Bonds,
Approving an Official Statement and Authorizing Official Actions."
Adopted.
Boardmember Lucas moved adoption of the resolution. Boardmember
Camicia seconded the motion.
In response to Boardmember Roth, the City Manager stated the Authority
is a non-profit corporation and a financing vehicle that may be used
for other than the current matter.
The motion carried by unanimous voice vote - 5.
ADJOURNMENT
There being no further business to discuss, Chairman Withrow adjourned
the meeting at 10:42 p.m.
ectfully7mitted,
D E B. FE SCH, CMC
Secretary
The agenda for this meeting was posted 72 hours in advance.
March 17, 1992