OCTA header

Verbal public comments may be submitted pursuant to the instructions noticed in the meeting agenda, which will be available at least 72 hours prior to the meeting at octa.legistar.com/Calendar

Share to Facebook Share to Twitter Bookmark and Share
File #: 21-3676    Version: 1 Name:
Type: Orange County Local Transportation Authority Item Status: Passed
File created: 8/30/2021 In control: Finance and Administration Committee
On agenda: 9/8/2021 Final action: 9/13/2021
Title: Bond Anticipation Notes (Interstate 405 Improvement Project), Series 2021 Approval of Standby Bond Purchase Agreement
Sponsors: Robert Davis, Andrew Oftelie
Attachments: 1. Transmittal, 2. Staff Report, 3. Attachment A, 4. Attachment B

Title

Bond Anticipation Notes (Interstate 405 Improvement Project), Series 2021 Approval of Standby Bond Purchase Agreement

 

Overview

To facilitate the issuance of Bond Anticipation Notes by the Orange County Transportation Authority, authorization is required by the Orange County Local Transportation Authority for the execution and delivery of a Standby Bond Purchase Agreement.

 

Recommendation(s)

A.                     Adopt Resolution No. 2021-077 authorizing the execution and delivery of a Standby Bond Purchase Agreement to facilitate the issuance of Bond Anticipation Notes by the Orange County Transportation Authority. 

 

B.                     Authorize staff to take all other actions necessary in connection with the execution and delivery of said Standby Bond Purchase Agreement.