File #: 18539   
Type: Unfinished Business Status: Passed
Meeting Body: City Council
On agenda: 11/13/2018
Title: Authorization of the Shoreline Regional Park Community Revenue Bonds, 2018 Series A and B, and Execution of a Memorandum of Understanding between the City and Shoreline Regional Park Community
Attachments: 1. Council Report, 2. ATT 1 - Resolution Authorizing the Issuance and Sale, 3. ATT 2 - Resolution Approving a MOU with the CMV, 4. ATT 3 - Resolution Approving a MOU with the MVSRPC, 5. ATT 4 - Resolution Authorizing the Purchase, 6. ATT 5 - Preliminary Official Statement, 7. ATT 6 - Transmittal of the Preliminary Official Statement, 8. ATT 7 - MOU between the CMV & MVSRPC

Title

Authorization of the Shoreline Regional Park Community Revenue Bonds, 2018 Series A and B, and Execution of a Memorandum of Understanding between the City and Shoreline Regional Park Community

Recommended Action

 Acting as the Shoreline Regional Park Community Board of Directors:

 

1.                     Adopt a Resolution Authorizing the Issuance and Sale of Mountain View Shoreline Regional Park Community Revenue Bonds, Authorizing and Directing Execution of Related Documents, Including a Supplemental Indenture of Trust, a Bond Purchase Agreement and an Official Statement, Declaring the Intention to Reimburse Certain Expenditures, and Authorizing Official Actions, to be read in title only, further reading waived (Attachment 1 to the Council report).

 

2.                     Adopt a Resolution Approving a Memorandum of Understanding with the City of Mountain View and Authorizing and Directing Official Actions, to be read in title only, further reading waived (Attachment 2 to the Council report).

 

3.                     Appropriate up to $4.0 million, in the Shoreline Regional Park Community Fund, to be set aside in the 2011 Series A Bonds Reserve Subaccount within the Reserve Account.

 

Acting as the Mountain View City Council:

 

1.                     Adopt a Resolution Approving a Memorandum of Understanding with the Mountain View Shoreline Regional Park Community and Authorizing and Directing Official Actions, to be read in title only, further reading waived (Attachment 3 to the Council report).

 

2.                     Adopt a Resolution Authorizing the Purchase of Mountain View Shoreline Regional Park Community Revenue Bonds, 2018 Series B, to be read in title only, further reading waived (Attachment 4 to the Council report).