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86-0812_CC_Minutes_Adjourned Regular MeetingAUGUST 12, 1986 ADJOURNED REGULAR MEETING OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA The Adjourned Regular Meeting of the City Council of the City of San Juan Capistrano, California, was called to order by Mayor Friess at 7:05 p.m., in the City Council Chamber. ROLL CALL PRESENT: Kenneth E. Friess, Mayor Gary L. Hausdorfer, Mayor pro tem Anthony L. Bland, Councilman Lawrence F. Buchheim, Councilman ABSENT: Phillip R. Schwartze, Councilman STAFF PRESENT: Stephen B. Julian, City Manager; Mary Ann Hanover, City Clerk; Robert G. Boone, Director of Administrative Services; Thomas G. Merrell, Director of Community Planning and Development; Cheryl Johnson, Recording Secretary. RECESS AND RECONVENE Council recessed at 7:06 p.m., to convene the San Juan Capistrano Community Redevelopment Agency, and reconvened at 7:10 P.M. COUNCILMANIC ITEMS 1. RATIFICATI TY ''NT AGENCY written Communications: Report dated August 12, 1986, from the Director of Community Planning and Development, advising that the process for selling tax allocation notes began on June 3, 1986, and citing the final steps to be taken by the Agency, which included adoption of a Resolution of Issuance, approval of the best bid and award of the Notes, and approval of distribution of the Final Official Statement. The report advised that if those steps were taken, Council must adopt a resolution approving that action. of Aaencv Issuance of Tax Al It was moved by Councilman Buchheim, seconded t Bland that the following Resolution be adopted: RESOLUTION NO. 86-8-12-1 s: ouncilman BY SAN TAX ALLOCATION NO'TE5, 155UB Vr 1700 - ti v THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, APPROVING THE ISSUANCE BY THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY OF ITS SAN JUAN CAPISTRANO CENTRAL REDEVELOPMENT PROJECT TAX ALLOCATION NOTES, ISSUE OF 1986, AND MAKING CERTAIN DETERMINATIONS RELATING THERETO -1- 8/12/86 U5 O The motion carried by the following vote: AYES: Councilmen Bland, Buchheim, Hausdorfer and Mayor Friess NOES: None ABSENT: Councilman Schwartze The Resolution approved issuance of an aggregate principal amount of $6,250,000 of "San Juan Capistrano Community Redevelopment Agency, San Juan Capistrano Central Redevelopment Project Tax Allocation Notes, Issue of 1986." ADJOURNMENT There being no further business before the Council, the meeting was adjourned at 7:11 p.m., to the next regular meeting date of Tuesday, August 19, 1986, at 7:00 p.m., in the City Council Chamber. ATTEST: KENNETH E. FRIESS, MAYOR Respectfully submitted, MARY ANN FgkNOVER, CITY CLERK v -2- 8/12/86