ANAHEIM PUBLIC FINANCING AUTHORITY
REGULAR MEETING OF SEPTEMBER 27, 2022
The Anaheim Public Financing Authority regular meeting of September 27, 2022 was called to order at 5:55 P.M. in the Council Chamber located at 200 S. Anaheim Blvd. in joint session with the Successor Agency to the Anaheim Redevelopment Agency, the Anaheim Housing Authority, and the Anaheim City Council. The meeting notice, agenda, and related materials were duly posted on September 22, 2022.
MEMBERS PRESENT: Vice Chairman Trevor O’Neil and Authority Members Jose Diaz, Gloria Sahagún Ma’ae, Jose F. Moreno, Avelino Valencia, and Stephen Faessel [Chairperson vacancy]
STAFF PRESENT: City Manager Jim Vanderpool, City Attorney Robert Fabela, and Secretary Theresa Bass.
ADDITIONS/DELETIONS TO THE AGENDA: None
PUBLIC COMMENTS (all agenda items):
No in-person public comments related to the Anaheim Public Financing Authority agenda.
One (1) public comment was submitted electronically related to the Anaheim Public Financing Authority agenda, which was distributed to the Anaheim Public Financing Authority, and made part of the official record. – See Appendix.
COUNCIL COMMUNICATIONS:
Council Member Valencia reported his attendance at the groundbreaking ceremony for the Miraflores Affordable Housing Community in District 4. He also expressed his pride to participate at his alma mater Roosevelt Elementary School’s Career and College Day.
Council Member Faessel requested the meeting adjourn in memory of District 5 resident and former Anaheim Convention Center employee Leon Darrell Frerichs. He acknowledged a Nextdoor post by a Sycamore neighborhood mom where she shared that no friends attended her son’s 12th birthday. Council Member Faessel expressed appreciation for neighbors’ responses on Nextdoor and led the Council in wishing Mr. Seguviano a Happy Birthday.
Council Member Diaz highlighted Happy Barber at 2711 W. Lincoln Ave., a Vietnamese- immigrant owned small business. He reported on building efforts at Beach Blvd. and Lincoln Ave. and further announced that WSS recently opened at the northwest corner of Beach Blvd. and Lincoln Avenue. He encouraged residents to support Anaheim businesses to help transform Beach Blvd. He announced the Neighborhood Services Meeting for Districts 1 and 2 would be held on Thursday, October 6 at 7:00 P.M. at the Brookhurst Community Center. He also noted that October 5 is National Coffee with a Cop Day and residents could meet with the West Anaheim Community Policing Team from 7:30-8:30 at the 7-11 on the southwest corner of Lincoln Avenue and Beach Blvd.
Anaheim Public Financing Authority Minutes of September 27, 2022
Council Member Moreno thanked Kaboom!, the Anaheim Ducks, Holy Moly employees, and volunteers for building a new playground at Center Greens Park. He acknowledged the efforts of City staff in obtaining grants to help build out the entire park. He announced the rescheduled Community Resource Fair and neighborhood clean-up event in the Onondaga/Glen neighborhood on Saturday, October 1. Council Member Moreno referenced Project Labor Agreements at the Anaheim Union High School District, the City, the Anaheim Elementary School District, and potentially with the OC Vibe project and expressed appreciation for the focus on union labor and particularly local labor. He thanked Sandra Lozeau for quickly responding to emails regarding encampments and offering services to those experiencing homelessness while balancing needs of residents. He announced that a requested discussion of street racing and street takeovers would be held at the October 4 City Council meeting. He thanked the Anaheim Public Utilities and Public Works departments for their efforts in the Northeast Colony Neighborhood project with new roads, gutters, pavement markings, lighting, and underground electrical.
Council Member Ma’ae displayed photos and shared the various events and activities she attended over the past year since she was appointed as the District 2 City Council Member. She expressed gratitude for the responsibilities and opportunities she was provided, thanking staff, her colleagues, and her family for their support and assistance. She requested the meeting adjourn in memory of her friend, neighbor, and Army veteran Bryan Robert Gentile.
CITY MANAGER’S UPDATE:
City Manager Jim Vanderpool invited the public to the Anaheim Fire & Rescue Department’s Wildfire Preparedness Fair at Fire Station No. 10 on Saturday, October 15, 10:00 A.M. – 2:00 P.M. where they can visit the goats, meet firefighters, learn more about the Know Your Way and paramedic programs, and lunch will be served. He noted that more information could be found at www.anaheim.net/fire and on the department’s social media platforms. Mr. Vanderpool also announced that the Public Works Department was bringing forward over $1,000,000 of citywide concrete work to improve sidewalks, pathways, curbs, gutters, driveways, and in nine City parks.
At 6:56 P.M., Vice Chairman O’Neil recessed the Anaheim Public Financing Authority to address the Successor Agency to the Redevelopment Agency, Anaheim Housing Authority, and Anaheim City Council agendas.
At 9:56 P.M., Chairman O’Neil reconvened the Anaheim Public Financing Authority.
26. RESOLUTION NO. APFA-2022-001 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ANAHEIM PUBLIC FINANCING AUTHORITY authorizing the execution and delivery by the Authority of a Ground Lease, a Lease Agreement, a First Amendment to Lease Agreement, an Assignment Agreement, a Master Indenture, a Fixed Rate Supplemental Indenture, a Variable Rate Supplemental Indenture, a Bond Purchase Contract, a Revolving Bond Purchase Agreement, an Accounts Agreement and a Continuing Disclosure Agreement in connection with the issuance of Anaheim Public Financing Authority Lease Revenue Bonds (Anaheim Arena Improvement Project), approving the issuance of the Lease Revenue Bonds in an aggregate principal amount of not to exceed $400,000,000, authorizing the distribution of a Preliminary Official Statement and an Official Statement and authorizing the execution of necessary Anaheim Public Financing Authority Minutes of September 27, 2022
documents and certificates and related actions (related to City Council Public Hearing Item No. 25-B).
Finance Director Debbie Moreno explained all the terms are the same as previously discussed during Anaheim City Council Public Hearing Item No. 25 [see minutes of Anaheim City Council meeting of September 27, 2022].
MOTION: Authority Member Diaz moved to approve RESOLUTION NO. APFA-2022-001
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ANAHEIM PUBLIC FINANCING AUTHORITY authorizing the execution and delivery by the Authority of a Ground Lease, a Lease Agreement, a First Amendment to Lease Agreement, an Assignment Agreement, a Master Indenture, a Fixed Rate Supplemental Indenture, a Variable Rate Supplemental Indenture, a Bond Purchase Contract, a Revolving Bond Purchase Agreement, an Accounts Agreement and a Continuing Disclosure Agreement in connection with the issuance of Anaheim Public Financing Authority Lease Revenue Bonds (Anaheim Arena Improvement Project), approving the issuance of the Lease Revenue Bonds in an aggregate principal amount of not to exceed $400,000,000, authorizing the distribution of a Preliminary Official Statement and an Official Statement and authorizing the execution of necessary documents and certificates and related actions, seconded by Authority Member Ma’ae. ROLL CALL VOTE: AYES – 6 (Vice Chairman O’Neil and Authority Members Diaz, Ma’ae, Moreno, Valencia, and Faessel; NOES –
0. Motion carried.
ADJOURNMENT:
There being no further business to conduct, without objection, Vice Chairman O’Neil adjourned the meeting of the Anaheim Public Financing Authority at 9:57 P.M.
Respectfully submitted,
Theresa Bass, CMC
Secretary, Anaheim Public Financing Authority