City Council

A. AUTHORIZE REFINANCING OF SUCCESSOR AGENCY 2014 TAX ALLOCATION\nBONDS\nRECOMMENDATION:\nAdopt a Resolution entitled,“ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nPALM SPRINGS, CALIFORNIA, ACTING SOLELY IN ITS CAPACITY AS THE\nSUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT\nAGENCY APPROVING THE ISSUANCE OF 2024 TAX ALLOCATION REFUNDING\nPARITY BONDS TO REFUND CERTAIN OUTSTANDING OBLIGATIONS OF THE\nSUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT\nAGENCY, APPROVING THE EXECUTION AND DELIVERY OF A THIRD SUPPLEMENT\nTO INDENTURE OF TRUST, ESCROW AGREEMENT, BOND PURCHASE AGREEMENT\nAND A PRELIMINARY AND FINAL OFFICIAL STATEMENT AND PROVIDING OTHER\nMATTERS RELATING TO THE ISSUANCE OF THE REFUNDING BONDS.”