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Indexed public record

Update on Proposed Refinancing of the California Communities Transportation Revenue (Installment Sale) Certificates of Participation, Series 2012A (TRIP - Total Road Improvement Program)

Approve the revisions and provide for the Execution and Delivery of California Statewide Communities Development Authority Transportation Revenue (Installment Sale) Certificates of Participation Series 2020 (T.R.I.P. - Total Road Improvement Program) Pursuant…

Item number
15
Staff report
—
Department
—
Meeting
September 1, 2020
Consent calendar
Yes

Recommendation

Approve the revisions and provide for the Execution and Delivery of California Statewide Communities Development Authority Transportation Revenue (Installment Sale) Certificates of Participation Series 2020 (T.R.I.P. - Total Road Improvement Program) Pursuant to a Trust Agreement to Prepay and Refund the City's 2012 Installment Sale Agreement and Related Certificates of Participation; Authorizing the Execution and Delivery of a First Supplement to 2012 Installment Sale Agreement, a First Supplement to Trust Agreement, and a Program Trust Agreement.

Source records

  1. City Council - September 1, 2020 - Minutes — page 9 (City of Desert Hot Springs) Source date: September 1, 2020. Validated import citation. Import/review method: authenticated agent import.
    Supporting excerpt
    Update on Proposed Refinancing of the California Communities Transportation Revenue (Installment Sale) Certificates of Participation, Series 2012A (TRIP - Total Road Improvement Program)