Annotated Agenda - August 28, 2001

A N N O T A T E D

REDEVELOPMENT AGENCY

CITY OF BURBANK



TUESDAY, JANUARY 14, 2003	ACTION

JOINT PUBLIC HEARING WITH THE CITY COUNCIL AND PUBLIC FINANCING AUTHORITY:
1. RA 50 RA 90 F-7 R-2052	ISSUANCE OF UP TO $102.2 MILLION IN BURBANK PUBLIC FINANCING AUTHORITY REVENUE BONDS, 2003 SERIES A (GOLDEN STATE REDEVELOPMENT PROJECT) AND $6 MILLION IN BURBANK PUBLIC FINANING AUTHORITY REVENUE BONDS, 2003 SERIES B (SOUTH SAN FERNANDO REDEVELOPMENT PROJECT): Recommendation: Staff recommends that the Financing Authority, Redevelopment Agency and City Council adopt the proposed resolutions related to the Golden State Project Bonds. 1. Adoption of proposed Burbank Public Financing Authority resolution entitled: A RESOLUTION OF THE BURBANK PUBLIC FINANCING AUTHORITY AUTHORIZING ISSUANCE OF REVENUE BONDS, APPROVING, AND AUTHORIZING AND DIRECTING EXECUTION OF CERTAIN FINANCING DOCUMENTS AND AUTHORIZING AND DIRECTING ACTIONS WITH RESPECT THERETO (GOLDEN STATE PROJECT AREA). 2. Adoption of proposed Redevelopment Agency resolution entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK APPROVING, AND AUTHORIZING AND DIRECTING EXECUTION OF CERTAIN BOND FINANCING DOCUMENTS RELATING TO THE FINANCING AND REFINANCING OF REDEVELOPMENT ACTIVITIES WITHIN ITS GOLDEN STATE REDEVELOPMENT PROJECT AREA AND AUTHORIZING AND DIRECTING ACTIONS WITH RESPECT THERETO, REMOVING THE TRUSTEE APPOINTED IN CONNECTION WITH THE AGENCY�S GOLDEN STATE REDEVELOPMENT PROJECT TAX ALLOCATION BONDS, 1993 SERIES A, APPOINTING A SUCCESSOR TRUSTEE AND AUTHORIZING AND DIRECTING EXECUTION OF DOCUMENTS NECESSARY IN CONNECTION WITH SUCH REMOVAL AND APPOINTMENT (GOLDEN STATE PROJECT AREA).		Adopted 5-0 Adopted 5-0
26,402 F-8 R-2053 26,403	3. Adoption of proposed City Council resolution entitled: A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK MAKING FINDINGS WITH RESPECT TO AND APPROVING THE ISSUANCE OF BONDS BY THE BURBANK PUBLIC FINANCING AUTHORITY, APPROVING THE ISSUANCE OF BONDS BY THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK AND APPROVING THE SALE THEROF TO THE AUTHORITY (GOLDEN STATE PROJECT AREA). Staff further recommends that the Financing Authority, Redevelopment Agency and the City Council adopt the proposed resolutions related to the South San Fernando Project Bonds. 4. Adoption of proposed Burbank Public Financing Authority resolution entitled: A RESOLUTION OF THE BURBANK PUBLIC FINANCING AUTHORITY AUTHORIZING ISSUANCE OF REVENUE BONDS, APPROVING, AND AUTHORIZING AND DIRECTING EXECUTION OF CERTAIN FINANCING DOCUMENTS AND AUTHORIZING AND DIRECTING ACTIONS WITH RESPECT THERETO (SOUTH SAN FERNANDO PROJECT AREA). 5. Adoption of proposed Redevelopment Agency resolution entitled: A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK APPROVING, AND AUTHORIZING AND DIRECTING EXECUTION OF CERTAIN BOND FINANCING DOCUMENTS RELATING TO THE FINANCING OF REDEVELOPMENT ACTIVITIES WITHIN ITS SOUTH SAN FERNANDO REDEVELOPMENT PROJECT AREA AND AUTHORIZING AND DIRECTING ACTIONS WITH RESPECT THERETO (SOUTH SAN FERNANDO PROJECT AREA). 6. Adoption of proposed City Council resolution entitled: A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK MAKING FINDINGS WITH RESPECT TO AND APPROVING THE ISSUANCE OF BONDS BY THE BURBANK PUBLIC FINANCING AUTHORITY, APPROVING THE ISSUANCE OF BONDS BY THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK AND APPROVING THE SALE THEREOF TO THE AUTHORITY (SOUTH SAN FERNANDO PROJECT AREA).		Adopted 5-0 Adopted 5-0 Adopted 5-0 Adopted 5-0
REPORT TO AGENCY:
2. RA 62-1		WAIVER OF LESSOR�S REIGHT OF FIRST REFUSLA PURSUANT TO SECTION 6.2 OF SITE LEASE RELATING TO THE MEDIA CITY MALL: Recommendation: It is staff�s recommendation that the Executive Director provide a letter to Pacific Pan Properties, Inc. waiving provision 6.2 of the Site Lease.	As recommended 5-0