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10B Action 2014 0616
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10B Action 2014 0616
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6/30/2014 10:00:25 AM
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6/11/2014 10:56:24 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
6/16/2014
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PowerPoint 10B Action 2014 0616 Tax Allocation Bonds
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\City Clerk\City Council\Agenda Packets\2014\Packet 2014 0616
SA Reso 2014-002
(Reference)
Path:
\City Clerk\City Council\Resolutions\2014
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-7- <br />(vii) Agreement dated as of July 21, 1993, between the Former Agencyand <br />the San Lorenzo Unified School District, as such agreement may be amended from time <br />to time. <br />"Fiscal Year" means any twelve-month period beginning on July 1 in any year and <br />extending to the next succeeding June 30, both dates inclusive, or any other twelve month <br />period selected and designated by the Successor Agencyto the Trustee in writing as its official <br />fiscal year period. <br />"Former Agency" means the Redevelopment Agency of the City of San Leandro, a <br />public body corporate and politic duly organized and existing under the Law and dissolved in <br />accordance with the Dissolution Act. <br />"Indenture" means this Indenture of Trust by and between the Successor Agencyand <br />the Trustee, as originally entered into or as it may be amended or supplemented by any <br />Supplemental Indenture entered into pursuant to the provisions hereof. <br />"Independent Accountant" means any accountant or firm of such accountants duly <br />licensed or registered or entitled to practice as such under the laws of the State, appointed by <br />the Successor Agency, and who, or each of whom: <br />(a) is in fact independent and not under domination of the Successor Agency; <br />(b) doesnot have any substantial interest, direct or indirect, with the Successor <br />Agency; and <br />(c) is not connected with the Successor Agencyas an officer or employee of the <br />Successor Agency, but who may be regularly retained to make reports to the Successor <br />Agency. <br />"Independent Redevelopment Consultant"means any consultant or firm of such <br />consultants appointed by the Successor Agency, and who, or each of whom: <br />(a) is judged by the Successor Agencyto have experience in matters relating to <br />the collection of Tax Revenues or otherwise with respect to the financing of <br />redevelopment projects; <br />(b) is in fact independent and not under domination of the Successor Agency; <br />(c) does not have any substantial interest, direct or indirect, with the Successor <br />Agency; and <br />(d) is not connected with the Successor Agencyas an officer or employee of the <br />Successor Agency, but who may be regularly retained to make reports to the Successor <br />Agency. <br />“Information Services” means “EMMA” or the “Electronic Municipal Market Access” <br />system of the Municipal Securities Rulemaking Board; or, in accordance with then-current <br />guidelines of the Securities and Exchange Commission, such other services providing <br />information with respect to called bonds as the Successor Agency may designate in a Written <br />Certificate of the Successor Agencydelivered to the Trustee.
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