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City Council Minutes December 19,2011 <br /> Approving Official Actions (authorizes the sale of bonds to pay off the <br /> side fund debt to CaIPERS and create new debt at a lower interest <br /> rate) <br /> 11-432 ADOPT: Resolution Authorizing the Sale of Pension Obligation Bonds <br /> to Refinance Outstanding Side Fund Obligations of the City to the <br /> California Public Employees' Retirement System, Approving the Final <br /> Form of Related Financing Documents and Approving Official Actions <br /> (authorizes the sale of bonds to pay off the side fund debt to CaIPERS <br /> and create new debt at a lower interest rate) <br /> A motion was made by Council Member Reed,seconded by Council Member <br /> Prola,that this Resolution be Adopted.The motion carried by the following <br /> vote. <br /> Aye: 7- Cassidy, Gregory, Cutter, Prola, Reed, Souza, Starosciak <br /> Enactment No: Reso 2011-210 <br /> 10.C. 11-387 Staff Report for Resolution Authorizing Inter-Fund Loan from Water <br /> Pollution Control Plant Fund and Appropriating $6,000,000 to <br /> Pay-Down Public Safety Side Fund Obligation <br /> 11-428 ADOPT: Resolution of the City Council of the City Of San Leandro <br /> Approving Inter-Fund Loan From the Water Pollution Control Plant <br /> Fund And Appropriating $6,000,000 to Pay-Down Public Safety Side <br /> Fund Obligation <br /> A motion was made by Council Member Reed,seconded by Council Member <br /> Prola,that this Resolution be Adopted.The motion carried by the following <br /> vote. <br /> Aye: 7- Cassidy, Gregory, Cutter, Prola, Reed, Souza, Starosciak <br /> Enactment No: Reso 2011-211 <br /> 10.D. Report on Closed Session Actions Taken <br /> No reportable actions taken. <br /> 11. CITY COUNCIL CALENDAR <br /> City Councilmembers announced upcoming events and coordinated attendance. <br /> 12. CITY COUNCIL REPORTS AND ANNOUNCEMENTS <br /> City Councilmembers reported on meetings and other local events attended since the <br /> last meeting;reported on attendance at conferences and seminars;and made brief <br /> comments on issues of concern. <br /> 13. ADJOURN <br /> The meeting was adjourned at 8:55 p.m. and <br /> City of San Leandro Page 5 <br />