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LYNWOOD PUBLIC FINANCE AUTHORITY
SPECIAL MEETING
AUGUST 15, 2003
The Public Finance Authority of the City of Lynwood met in a Special Meeting at 11330
Bullis Road on the above date at 1.0:50 a.m.
President Pedroza presiding.
tilembers Byrd, Reyes, Richards, Rodriguez, and Pedroza answered roll call.
Also present were Chief Administrative Officer Hempe, City Attorney Casso, Secretary
Hooper and Treasurer Pygatt
Secretary Hooper announced that the agenda had been posted in accordance with the
Brown Ac[.
PUBLIC OKAL COMMUNICATIONS
(Regarding Agenda Items Only)
NONE
PUBLIC ORALS COMMUNICATIONS
NONE
Item #4: CONSIDERATION OF AMENDING 1993 LEASE REVENUE BONDS
The purpose of this item is to have the Public Finance Authority review proposed
financing structures for lease of the corporate yard site and proposed site lease structure
improvements.
~~ ]t was moved by Director Richards, second by Director Byrd to adopt the following
-- Resolution.
RESOLUTION NO. 2003.005 ENTITLED:
.A RESOLUTION OF THE BOARD OF THE LYNWOOD PUBLIC FINANCE
AUTHORITY OF THE CITY OF LYNWOOD AUTHORIZING THE ISSUANCE
OF AN ADDITIONAL $1.725 MILLION IN CONJUCTION WITH THE
REFUNDING OF THE 1993 LEASE REVENUE BONDS.
ROLL CALL:
.OYES: DIRECTOR BYRD, RICHARDS, PEDROZA
NOES: DIRCETOR REYES, RODRIGUEZ
ABSTAIN: NONE
ABSENT: NONE
ADJOURNMENT
Having no further discussion, it was moved by Director Richards, seconded by Director
Byrd and carried to adjourn the Special Meeting at 11:05 a.m.
i
Fer ando Pedroza, President
Andrea L. Hooper, Secretary