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10A Action Items 2017 1218
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10A Action Items 2017 1218
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Last modified
12/13/2017 11:33:34 AM
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12/13/2017 11:33:30 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
12/18/2017
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PERM
Document Relationships
OB Reso 2017-06 Refunding Bonds
(Reference)
Path:
\City Clerk\Successor Agency Oversight Board
SA Reso 2017-008
(Reference)
Path:
\City Clerk\City Council\Resolutions\2017
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<br />-5- <br />of the Treasury of the United States of America and CATS and TGRS), or obligations the payment <br />of principal of and interest on which are unconditionally guaranteed by the United States of <br />America. <br /> <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 period <br />selected and designated by the Successor Agency to the Trustee in writing as its official fiscal <br />year period. <br /> <br />“Former Agency” means the Redevelopment Agency of the City of San Leandro, a public <br />body corporate and politic duly organized under the Law and dissolved in accordance with the <br />Dissolution Act. <br /> <br />“Indenture” means this Indenture of Trust by and between the Successor Agency and the <br />Trustee, as originally entered into or as it may be amended or supplemented by any Supplemental <br />Indenture entered into pursuant to the provisions hereof. <br /> <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 the <br />Successor Agency, and who, or each of whom: <br /> <br />(a) is in fact independent and not under domination of the Successor Agency; <br /> <br />(b) does not have any substantial interest, direct or indirect, with the Successor <br />Agency; and <br /> <br />(c) is not connected with the Successor Agency as an officer or employee of the <br />Successor Agency, but who may be regularly retained to make reports to the Successor <br />Agency. <br /> <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 /> <br />(a) is judged by the Successor Agency to have experience in matters relating to <br />the collection of tax increment revenues or otherwise with respect to the financing of <br />redevelopment projects; <br /> <br />(b) is in fact independent and not under domination of the Successor Agency; <br /> <br />(c) does not have any substantial interest, direct or indirect, with the Successor <br />Agency; and <br /> <br />(d) is not connected with the Successor Agency as an officer or employee of the <br />Successor Agency, but who may be regularly retained to make reports to the Successor <br />Agency. <br /> <br />“Information Services” means “EMMA” or the “Electronic Municipal Market Access” system <br />of the Municipal Securities Rulemaking Board; or, in accordance with then-current guidelines of <br />the Securities and Exchange Commission, such other services providing information with respect <br />to called bonds as the Successor Agency may designate in a Written Certificate of the Successor <br />Agency delivered to the Trustee. <br />431
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