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OFFICE OF THE CITY CLERK
CITY OF PASADENA
NOTICE OF SPECIAL MEETING
OF THE PASADENA PUBLIC
FINANCING AUTHORITY
MAY 23, 2022
PUBLIC MEETING: 4:30 P.M.
PASADENA CITY HALL, COUNCIL CHAMBER
100 NORTH GARFIELD AVENUE, ROOM S249
Note to the Public: City Hall Council Chamber is closed to the public until further notice.
Note to the Public: City Hall is closed to the public until further notice.
NOTICE IS HEREBY GIVEN that a special meeting of the Pasadena Public Financing Authority will be held on Monday, May 23, 2022, at 4:30 p.m., to discuss the matter below.
This virtual meeting is held solely by video conference/teleconference.
JOINT ACTION: EXTENSION OF THE STANDBY BOND PURCHASE AGREEMENT (SBPA) WITH BANK OF THE WEST RELATED TO THE PASEO COLORADO BONDS Recommendation: It is recommended that the City Council and the Pasadena Public Financing Authority (PPFA):
(1) Find that the proposed action is not subject to the California Environmental Quality Act (CEQA) as defined in Section 21065 of CEQA and Section 15378 of the State CEQA Guidelines, and as such, no environmental document pursuant to CEQA is required for the project;
(2) Approve the Second Amendment to Standby Bond Purchase Agreement (SBPA)and approve the Second Amended and Restated Fee Agreement by and among the Pasadena Public Financing Authority, the City of Pasadena, and Bank of the West; authorize the Interim City Manager or the Director of Finance to execute and deliver the Second Amendment to the SBPA and the Second Restated Fee Agreement; and (3) To the extent that the proposed amendment of the SBPA could be considered subject to a new competitive selection process, grant the proposed amendment an exemption from the competitive selection process of the Competitive Bidding and Purchasing Ordinance, Pasadena Municipal Code (PMC) Chapter 4.08, pursuant to Section 4.08.049(B), contracts for which the City's best interests are served. /<^L.
Victor M. Go'rdo/Mayor
City of Pasadena/
100 North Garfield Avenue, S228 • P.O. Box 7115 • Pasadena, CA 91109-7215 (626) 744-4124 • Fax (626) 744-3921
I HEREBY CERTIFY that this notice, in its entirety, was posted on the Internet at www.citvofpasadena.net/councilaaendas and on the Council Chamber Bulletin Board, Room S249 and the Bulletin Board in the rotunda area, City Hall, 100 North Garfield Avenue, and a copy was distributed to Central Library for posting this 19th day of May, 2022, at 5:30 p.m., and that copies hereof were faxed, emailed or delivered to each member of the City Council and to each local newspaper of general circulation, radio or television station requesting notice in writing, all of which recipients are identified on the distribution list set forth herein below. , CMC om
DISTRIBUTION:
City Council
City Manager
City Attorney
Public Information Officer
Central Library
Pasadena Independent
City Clerk
Los Angeles Times
Pasadena Journal
Pasadena Now
Pasadena Star News
Pasadena Weekly
La Opinion
To request meeting materials in alternative formats or other disability-related modifications or accommodations necessary to facilitate meeting participation, please contact the City Clerk's Office as soon as possible at (626) 744-4124 orcityclerk(S).citvofDasadena.net.
Language translation sen/ices are available for this meeting by calling (626) 744-4124 at least 24 hours in advance.
Habra servicio de interpretacion disponible para estas juntas llamando al (626) 744-4124 porlo menos con 24 horas de anticipacion.