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).