City Council

C. Consideration to adopt Proposed Resolution Numbers (next in order) authorizing\nand approving the Board of the Successor Agency to the Redevelopment Agency\nof the City of Perris to refund certain 2015 loan and bond obligations of the\nSuccessor Agency and Perris Public Financing Authority.\nThe Proposed Resolution Numbers (next in order) are entitled:\nA\nRESOLUTION\nOF\nTHE\nSUCCESSOR\nAGENCY\nTO\nTHE\nREDEVLOPMENT AGENCY OF THE CITY OF PERRIS, AUTHORIZING\nTHE ISSUANCE OF REFUNDING BONDS TO REFUND CERTAIN 2015\nLOAN AND BOND OBLIGATIONS OF THE SUCCESSOR AGENCY,\nAUTHORIZING THE EXECUTION AND DELIVERY OF AN INDENTURE\nOF TRUST, A BOND PURCHASE AGREEMENT AND ONE OR MORE\nESCROW AGREEMENTS, AND TAKING OTHER ACTIONS RELATED\nTHERETO\nA RESOLUTION OF THE PERRIS PUBLIC FINANCING AUTHORITY\nAPPROVING AND AUTHORIZING THE EXECUTION OF TWO ESCROW\nAGREEMENTS IN CONNECTION WITH THE REFINANCING OF CERTAIN\nOUTSTANDING OBLIGATIONS OF THE SUCCESSOR AGENCY TO THE\nREDEVELOPMENT AGENCY OF THE CITY OF PERRIS AND THE\nISSUANCE BY THE SUCCESSOR AGENCY OF ITS PERRIS TAX\nALLOCATION REFUNDING BONDS, SERIES 2026\nIntroduced by: Director of Finance Matthew Schenk\nPUBLIC COMMENT