City Council

1.5 LETTER OF CREDIT EXTENSION FOR REASSESSMENT DISTRICT NO.\n04-20, REASSESSMENT DISTRICT NO. 85-7A AND ASSESSMENT\nDISTRICT NO. 07-22\nACTION:\n1) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, APPROVING THE EXTENSION OF THE STATED\nEXPIRATION DATE OF AN EXISTING LETTER OF CREDIT FOR THE\nREASSESSMENT\nDISTRICT\nNO.\n04-20\nLIMITED\nOBLIGATION\nIMPROVEMENT BONDS, ADJUSTABLE RATE SERIES A, APPROVING THE\nFORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF AN\nAMENDMENT NO. 4 TO REIMBURSEMENT, CREDIT AND SECURITY\nAGREEMENT AND AN AMENDMENT NO. 4 TO LETTER AGREEMENT AND\nAUTHORIZING THE EXECUTION OF NECESSARY DOCUMENTS AND\nCERTIFICATES AND RELATED ACTIONS\n2) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, APPROVING THE EXTENSION OF THE STATED\nEXPIRATION DATE OF AN EXISTING LETTER OF CREDIT FOR THE\nREASSESSMENT DISTRICT NO.\n85-7A LIMITED\nOBLIGATION\nIMPROVEMENT BONDS, ADJUSTABLE RATE SERIES A, APPROVING THE\nFORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF AN\nAMENDMENT NO. 1 TO REIMBURSEMENT, CREDIT AND SECURITY\nAGREEMENT, AND AN AMENDMENT NO. 1 TO LETTER AGREEMENT,\nAND AUTHORIZING THE EXECUTION OF NECESSARY DOCUMENTS AND\nCERTIFICATES AND RELATED ACTIONS\n3) Adopt - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nIRVINE, CALIFORNIA, APPROVING THE EXTENSION OF THE STATED\nEXPIRATION DATE OF AN EXISTING LETTER OF CREDIT FOR THE\nASSESSMENT\nDISTRICT\nNO.\n07-22\nLIMITED\nOBLIGATION\nIMPROVEMENT BONDS, ADJUSTABLE RATE SERIES A, APPROVING THE\nFORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF AN\nAMENDMENT NO. 3 TO REIMBURSEMENT, CREDIT AND SECURITY\nAGREEMENT, AND AN AMENDMENT NO. 3 TO LETTER AGREEMENT,\nAND AUTHORIZING THE EXECUTION OF NECESSARY DOCUMENTS AND\nCERTIFICATES AND RELATED ACTIONS\n1.5