City Council

2.1 APPROVAL OF THE CITY OF IRVINE LIMITED\nOBLIGATION REFUNDING IMPROVEMENT BONDS\nREASSESSMENT DISTRICT NO. 24-1\nACTION:\n1) Adopt - A RESOLUTION OF THE CITY COUNCIL OF\nTHE CITY OF IRVINE, CALIFORNIA, DECLARING ITS\nINTENTION TO LEVY REASSESSMENTS AND TO ISSUE\nREFUNDING BONDS UPON THE SECURITY THEREOF\nIN REASSESSMENT DISTRICT NO. 24-1\n2) Adopt - A RESOLUTION OF THE CITY COUNCIL OF\nTHE CITY OF IRVINE, CALIFORNIA, ADOPTING THE\nREASSESSMENT REPORT FOR REASSESSMENT\nDISTRICT NO. 24-1, CONFIRMING AND ORDERING THE\nREASSESSMENT PURSUANT TO SUMMARY\nPROCEEDINGS THEREFOR AND DIRECTING ACTIONS\nWITH RESPECT THERETO\n3) Adopt - A RESOLUTION OF THE CITY COUNCIL OF\nTHE CITY OF IRVINE, CALIFORNIA, AUTHORIZING THE\nISSUANCE OF NOT TO EXCEED $25,000,000\nAGGREGATE PRINCIPAL AMOUNT OF CITY OF IRVINE\nLIMITED OBLIGATION REFUNDING IMPROVEMENT\nBONDS, REASSESSMENT DISTRICT NO. 24-1,\nAPPROVING THE EXECUTION AND DELIVERY OF A\nFISCAL AGENT AGREEMENT, AN ESCROW\nAGREEMENT, A BOND PURCHASE AGREEMENT AND A\nCONTINUING DISCLOSURE AGREEMENT AND THE\nPREPARATION OF AN OFFICIAL STATEMENT AND\nOTHER MATTERS RELATED THERETO\n4) Approve an extension of the contract for the underwriting\nfirm of Stifel, Nicolaus & Company, Inc. in order to provide\nunderwriting services in connection with the bond issuance.\n2.1