Public Access to OCTA Board and Committee Meetings The OCTA Board meets at the OCTA Headquarters (550 S. Main St., Orange), and meetings are typically held on the second and fourth Mondays of each month at 9:30 a.m. Committee meetings dates and times can be found on the Board and Committee Calendar. Any exceptions to the date, time, or location of the meeting are shown on the Agenda Page. Public comment opportunities and requests for ADA accommodation are outlined on each agenda, which is posted 72 hours prior to the meeting. Members of the public can access Board and Committee meetings and provide live public comment at https://octa.legistar.com/Calendar.aspx. Members of the public that wish to receive language translation or interpretation (from their own translator or interpreter) during public meetings will have a designated space in the meeting room. A document rack is available at OCTA Headquarters for members of the public to post translated versions of agendas.
Live and Archived Audio NEW: Listen to the live and recorded Board and Committee meetings in the "Video/Audio" column below.
Subject
title
Approval of Refunding the Measure M2 Sales Tax Revenue Bonds, Series 2010 A Build America Bonds
overview
Overview
On October 14, 2024, the Orange County Transportation Authority Board of Directors directed staff to pursue refunding of the Orange County Local Transportation Authority Measure M2 Sales Tax Series 2010 A Revenue Bonds. Board of Directors’ approval is necessary to finalize the refunding and to provide the draft financing documents required to complete the transaction.
recommendation
Recommendation(s)
Adopt Resolution No. 2025-008 authorizing the issuance and sale of Orange County Local Transportation Authority Measure M2 Sales Tax Revenue Refunding Bonds, Series 2025 in an aggregate principal amount not to exceed $270 million, the execution and delivery of a Fourth Supplemental Indenture, a Purchase Contract, an Official Statement, and a Continuing Disclosure Certificate, and taking all other actions necessary in connection with the proposed transaction.