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

Adopt a Resolution of th e City Council entitled, "Resolution Supplementing a Resolution of the City Council Adopted July 7, 2020, Providing for the Execution and Delivery of California Statewide Communities Development Authority Transportation Revenue (Installment Sale) Certifica tes 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, a Certificate Purchase Agreement, a Program Trust Agreement, and an Escrow Agreement, Authorizing the Distribution of an Official Statement in Connection with the Offering and Sale of Such Certificates, and Authorizing Other Matters Relating Thereto.