Legislation Details

File #: 2024-01922    Version: 1
Type: Discussion Item Status: Agenda Ready
File created: 10/29/2024 In control: City Council - 5PM
On agenda: 12/3/2024 Final action:
Title: Agreements Pertaining to the City of Sacramento Greenbriar Community Facilities District No. 2018-03 (Improvements) Improvement Area No. 2 Special Tax Bonds, Series 2024 (Two-Thirds Vote Required Waiving the 10-day Posting Requirement) and Authorize the Issuance of the City of Sacramento Greenbriar Community Facilities District No. 2018-03 (Improvements) Improvement Area No. 2 Special Tax Bonds, Series 2024 and Related Actions
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Title
Agreements Pertaining to the City of Sacramento Greenbriar Community Facilities District No. 2018-03 (Improvements) Improvement Area No. 2 Special Tax Bonds, Series 2024 (Two-Thirds Vote Required Waiving the 10-day Posting Requirement) and Authorize the Issuance of the City of Sacramento Greenbriar Community Facilities District No. 2018-03 (Improvements) Improvement Area No. 2 Special Tax Bonds, Series 2024 and Related Actions
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FileID
File ID: 2024-01922
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Location
Location: District 1, Represented by Councilmember Kaplan
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Recommendation
Recommendation: 1) Pass a Motion by two-thirds vote waiving the 10-day posting requirement of City Code section 4.04.020.C for the agreements pertaining to the City of Sacramento Greenbriar Community Facilities District No. 2018-03 (Improvements) Improvement Area No. 2 Special Tax Bonds, Series 2024; and 2) adopt a Resolution authorizing the following: a) the issuance of the City of Sacramento Greenbriar Community Facilities District No. 2018-03 (Improvements) Improvement Area No. 2 Special Tax Bonds, Series 2024; b) the execution and delivery of a Master Indenture, a First Supplemental Indenture, a Bond Purchase Contract, an Official Statement, a Continuing Disclosure Certificate and an amendment to Jones Hall's Agreement for Bond-Counsel Services; and c) certain related actions.
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Contact
Contact: Claudia Lara, Debt Analyst, (916) 808-2267, clara@cityofsacramento.org; Brian Wong, Debt Manager, (916) 808-5811, bwong@cityofsacramento.org, Office of the City Treasurer
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Presenter
Presenter: Claudia Lara, Debt Analyst, (916) 808-2267, clara@cityofsacramento.org, Office of the City Treasurer
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Attachments
Attachments:
1-Description/Analysis
2-Resolution
3-Master Indenture
4-First Supplemental Indenture
5-Bond Purchase Contract
6-Preliminary Official Statement
7-Continuing Disclosure Certificate
8-Amendment No. 1 to Agreement for Bond-Counsel Services
9-Appraisal Report prepared by Sm...

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