San Diego

City Council

February 27, 2024 Item #65

Agenda Item 65

Item 65: Authorization for the Public Facilities Financing Authority of the City of San Diego\nLease Revenue Bonds.\nTotal Estimated Cost of Proposed Action and Funding Source:\nPlease see "Fiscal Considerations" section of Staff Report.\nCouncil District(s) Affected: Citywide.\nProposed Actions:\nAdopt the following Ordinance which was introduced on 2/13/2024, Item 330, (Council\nvoted 8-0, District 4-vacant):\n(O-2024-61)\nOrdinance approving the forms and authorizing the execution and delivery of one or more\namendments to site lease, amendments to facilities lease, bond purchase agreements and\ncontinuing disclosure certificates; consenting to the execution, delivery and performance\nof one or more supplemental indentures by the Public Facilities Financing Authority of\nthe City of San Diego in connection with the issuance and sale in one or more series of\nthe Authority’s lease revenue bonds and lease revenue refunding bonds; and approving\nother related documents and actions.\n6 votes required pursuant to Charter Section 99.\nCommittee Actions Taken: N/A\nDepartment of Finance: Richard Eyre, (619) 236-6899\nCity Attorney Contact: Marguerite Middaugh