City of South San Francisco to Purchase $65M in Bonds – Council Meeting Wed Feb 12

South San Francisco, Ca   February 9, 2020

Important info as the City of #SSF works to approve purchase of $65,000,000,on this Wed mtg. Those interested should follow this link CLICK HERE to read the staff report as well:

Facilities Financing Authority
Regular Meeting Agenda
NOTICE IS HEREBY GIVEN, pursuant to Section 54957.5 of the Government Code of the State of California, the South San Francisco Public Facilities Financing Authority will hold a Regular Meeting on Wednesday, February 12, 2020, at 7:01 p.m., in the City Council Chambers, Municipal Services Building, 33 Arroyo Drive, South San Francisco, California.
Purpose of the meeting:
Call To Order.
Roll Call.
Agenda Review.
Public Comments.
ADMINISTRATIVE BUSINESS
Report regarding approval of the City of South San Francisco Public Financing
Authority (Police Station Project) Lease Revenue Bonds, Series 2020A. (Janet
Salisbury, Director of Finance)
1.
Resolution of the City of South San Francisco Public Facilities Financing Authority
Authorizing the Execution and Delivery of a Ground Lease, Lease Agreement,
Indenture, Assignment Agreement, and Bond Purchase Agreement in Connection with
the Issuance of the City of South San Francisco Public Facilities Authority (Police
Station Project) Lease Revenue Bonds, Series 2020A, Approving the Issuance of
Such Bonds in an Aggregate Principal Amount of Not to Exceed $65,000,000,
Authorizing the Distribution of an Official Statement in Connection with the Offering
and Sale of such Bonds and Authorizing the Execution of Necessary Documents and
Certificates and Related Actions.

READ MORE CLICK HERE

File #: 20-99 Name:
Type: Staff Report Status: Public Hearing
File created: 2/5/2020 In control: South San Francisco Public Facilities Financing Authority
On agenda: 2/12/2020 Final action:
Title: Report regarding approval of the City of South San Francisco Public Financing Authority (Police Station Project) Lease Revenue Bonds, Series 2020A. (Janet Salisbury, Director of Finance)
Attachments: 1. A_Form of Ground Lease, 2. B_ Form of Lease Agreement, 3. C_Form of Indenture, 4. D_Form of Assignment Agreement, 5. E_Form of Bond Purchase Agreement, 6. F_Form of Offical Statement
Related files: 20-100

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