Hesperia

City Council

June 06, 2023 Item #9

Agenda Item 9

9. Page 81 Resolution of the City Council of the City of Hesperia and a Resolution of the\nBoard of Directors of the Hesperia Joint Public Finance Authority, Each\nAuthorizing the Issuance and Sale of the 2023 Refunding Lease Revenue\nBonds and Related Documents and Actions\nRecommended Action:\nIt is recommended that the City Council adopt the following resolution:\nResolution No. CC 2023-24 - Resolution of the City of Hesperia approving,\nauthorizing and directing execution of certain financing documents and directing\ncertain related actions in connection with the refinancing of outstanding lease\npayment obligations\nIt is recommended that the Hesperia Joint Public Finance Authority adopt the\nfollowing resolution:\nResolution No. HJPFA 2023-02 - Resolution of the Hesperia Joint Public\nFinance Authority approving, authorizing and directing execution of certain\nfinancing documents and directing certain related actions in connection with the\nrefinancing of an outstanding lease obligation of the City of Hesperia\nStaff Person: Director of Administrative Services Casey Brooksher\nAttachments: SR 2023 Refunding Lease Revenue Bonds 6-6-2023\nResolution 2023-24\nResolution HPJFA 2023-02\nAttachment 3 - Preliminary Official Statement\nAttachment 4 - Site and Facilities Lease\nAttachment 5 - Property Lease\nAttachment 6 - Indenture\nAttachment 7 - Escrow Deposit and Trust Agreement\nAttachment 8 - Bond Purchase Agreement\nAttachment 9 - Amendment to 2012 Site Lease\nAttachment 10 - Amendment to 2012 Property Lease\nAttachment 11 - Subordination Agreement