The Financing and Parking Authorities of the City of San Jose convened in joint Special Session at 3:34 p.m. in Council Chambers at City Hall.
Present: Board Members: Chavez, Dando, Diaz, Diquisto, Fiscalini, Matthews, Shirakawa Jr., Woody; Gonzales
Absent: Board Members: LeZotte, Powers (both excused)
ORDERS OF THE DAY
Upon motion by Vice Mayor Fiscalini, seconded by Board Member Dando and unanimously carried, the Orders of the Day were approved. Vote: 9-0-2-0. Absent: LeZotte, Powers.
2 Adoption of resolutions stating the
Authorities’ intent to issue tax exempt debt to finance the acquisition and
construction of the public garage to be built at Fourth and San Fernando
Streets and to reimburse expenditures incurred prior to the issuance of the
bonds. (Streets and Traffic/Finance)
(Rules Committee referral 3/15/00)
Documents Filed: Memorandum from Director of Finance, John V. Guthrie, dated March 15, 2000, noting the reason for the addendum and recommending adoption of the resolutions.
Discussion/Action: Upon motion by Vice Mayor Fiscalini, seconded by Board Member Shirakawa, Jr. and unanimously carried Resolution No. SJPA-01, entitled: “A Resolution of the City of San José Parking Authority Declaring Its Official Intent to Reimburse Expenditures From the Proceeds of Tax Exempt Bonds for Land Acquisition and Construction Costs of the Fourth and San Fernando Streets Parking Garage”; and Resolution No. SJFA-38, entitled: “A Resolution of the City of San José Financing Authority Declaring Its Official Intent to Reimburse Expenditures From the Proceeds of Tax Exempt Bonds for Land Acquisition and Construction Costs of the Fourth and San Fernando Streets Parking Garage”, were adopted. Vote: 9-0-2-0. Absent: LeZotte, Powers.
The Financing Authority and the Parking Authority of the City of San José adjourned at 3:35 p.m.
RON GONZALES, CHAIR
ATTEST:
PATRICIA L. O’HEARN, SECRETARY