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MINUTES
SPECIAL MEETING
UNOFFICIAL UNTIL
APPROVED BY CITY COUNCIL
BOARD OF DIRECTORS OF THE
PASADENA PUBLIC FINANCING AUTHORITY
JANUARY 23, 2023
The special meeting was convened and held virtually by videoconference/teleconference.
Chair Gordo called the special meeting to order at 4:30 p.m. on Monday, January 23, 2023.
ROLL CALL
Board Members:
Staff:
Victor M. Gordo, Chair
Felicia Williams, Vice Chair
Tyron Hampton
Justin Jones
Jason Lyon
Steve Madison
Gene Masuda
Jessica Rivas
Executive Director Miguel Marquez
City Attorney/City Prosecutor Michele Beal Bagneris
Secretary Mark Jomsky
FINANCE COMMITTEE: (JOINT ACTION) EXTENSION OF BANK OF AMERICA LETTER
OF CREDIT RELATED TO THE VARIABLE RA TE DEMAND REFUNDING CERTIFICATES OF PARTICIPATION, SERIES 2008A (CONFERENCE CENTER PROJECT) (Finance Dept.)
Recommendation: It is recommended that the City Council and Pasadena Public Financing Authority (PPFA):
(1) Find that the proposed action in the agenda report is not a project 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; and
(2) Adopt a Resolution approving the form of and authorizing the execution and delivery of a Sixth Amendment to the Reimbursement Agreement; and authorizing the execution and delivery of other related documents ~nd approval of other documents and actions in connection therewith. (Resolution No. 9972 and PPFA-31) APPROVAL OF MINUTES -August 8, 2022.
Pasadena Public
Financing Authority
01/23/2023
It was moved by Member Hampton, seconded by Member Masuda, to approve the Consent Calendar, which includes the August 8, 2022, minutes and Item No. 15, Extension of Bank of America Letter of Credit. (Motion unanimously approved) (Absent: None)
ADJOURNMENT
On order of the Chair, the special meeting of the Pasadena Public Financing Authority adjourned at 9:01 p.m.
ATTEST:
Mark Jomsky, CMC
Secretary
Pasadena Public
Financina Authoritv
2 Victor M. Gordo, Chair
Pasadena Public Financing Authority
01/23/2023