Perris

City Council

March 25, 2025 Order of Business 12 #A

Agenda Item A

A. Consideration to adopt Proposed Resolution Numbers (next in order) approving\npreliminary official statement and associated documents in connection with the\nsale of bonds by the Perris Joint Powers Authority associated with CFD No.\n2021-1 (Avion Pointe/Acacia) and CFD No. 2022-1 (Willowbend) to finance\ncertain public facilities and fees. CFD No. 2021-1 is located along the west line\nof Delines Drive, south of Van Way and north of Santa Fe Court. Zone 1 of\nCFD No. 2022-1 is located at the southeast corner of Evans Road and Lemon\nAvenue and Zone 2 of CFD 2022-1 is located at the northwest corner of E.\nNuevo Road and Evans Road.\nThe Proposed Resolution Numbers (next in order) are entitled:\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PERRIS\nACTING FOR THE CITY AND IN ITS CAPACITY AS THE LEGISLATIVE\nBODY OF COMMUNITY FACILITIES DISTRICT NO. 2022-1\n(WILLOWBEND) OF THE CITY OF PERRIS, APPROVING A\nPRELIMINARY OFFICIAL STATEMENT AND CONTINUING\nDISCLOSURE AGREEMENT IN CONNECTION WITH THE ISSUANCE\nOF ITS 2025 SPECIAL TAX BONDS IN AN AGGREGATE PRINCIPAL\nAMOUNT NOT TO EXCEED $14,500,000\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PERRIS\nACTING FOR THE CITY AND IN ITS CAPACITY AS THE LEGISLATIVE\nBODY OF COMMUNITY FACILITIES DISTRICT NO. 2021-1 (AVION\nPOINTE/ACACIA) OF THE CITY OF PERRIS, APPROVING A\nPRELIMINARY OFFICIAL STATEMENT AND CONTINUING\nDISCLOSURE AGREEMENT IN CONNECTION WITH THE ISSUANCE\nOF ITS 2025 SPECIAL TAX BONDS IN AN AGGREGATE PRINCIPAL\nAMOUNT NOT TO EXCEED $2,500,000\nA RESOLUTION OF THE PERRIS JOINT POWERS AUTHORITY\nAPPROVING A PRELIMINARY OFFICIAL STATEMENT AND\nCONTINUING DISCLOSURE AGREEMENT IN CONNECTION WITH\nTHE ISSUANCE OF ITS PERRIS JOINT POWERS AUTHORITY LOCAL\nAGENCY REVENUE BONDS (CFD NOS. 2021-1 AND 2022-1), 2025\nSERIES, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED\n$17,000,000\nAgenda 03-25-2025\nPage 16 of 17\nIntroduced by: Director of Finance Matthew Schenk\nPUBLIC COMMENT