City Council

3.3 LETTER OF CREDIT EXTENSION FOR REASSESSMENT DISTRICT NO.\n05-21 AND ASSESSMENT DISTRICT NO. 03-19\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.\n05-21\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,\nAND AUTHORIZING 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\nASSESSMENT\nDISTRICT\nNO.\n03-19\nLIMITED\nOBLIGATION\nIMPROVEMENT BONDS, ADJUSTABLE RATE SERIES A AND ADJUSTABLE\nRATE SERIES B, APPROVING THE FORM OF AND AUTHORIZING THE\nEXECUTION AND DELIVERY OF AN AMENDMENT NO. 4 TO\nREIMBURSEMENT, CREDIT AND SECURITY AGREEMENT, AND AN\nAMENDMENT NO. 4 TO LETTER AGREEMENT, AND AUTHORIZING THE\nEXECUTION OF NECESSARY DOCUMENTS AND CERTIFICATES AND\nRELATED ACTIONS\n3.3