File #: WRAG 18-103    Name: MoCo Financing Authority BOD
Type: WR General Agenda Status: Agenda Ready
File created: 5/7/2018 In control: Water Resources Agency Board of Directors
On agenda: 5/21/2018 Final action:
Title: Consider recommending that the Monterey County Water Resources Agency Board of Supervisors adopt a Resolution: a. Authorizing the execution and delivery by the Agency of an Installment Purchase Agreement, a Pledged Ad Valorem and Pledged Assessment Payment Agreement, a Continuing Disclosure Certificate and a Bond Purchase Agreement in connection with the issuance of Monterey County Financing Authority 2018 Revenue Refunding Bonds and authorizing the distribution of a Preliminary Official Statement and an Official Statement in connection therewith and authorizing the execution of necessary documents and certificates and related actions; and b. Directing each Authorized Officer and any other official of the Agency and their duly authorized designees, deputies and agents the authority to amend and execute documents, determine appropriateness of bond terms and conditions, and to carry out, give effect to, and comply with the terms and intent of this Resolution.
Attachments: 1. Board Report, 2. Installment Purchase Agreement, 3. AV Tax and Pledge Assessment Pmt. Agreement, 4. Indenture, 5. Bond Purchase Agreement, 6. Continuing Disclosure Certificate, 7. Preliminary Official Statement - MCFA, 8. Resolution MCFA, 9. Resolution WRA BOS, 10. Board Order
Title
Consider recommending that the Monterey County Water Resources Agency Board of Supervisors adopt a Resolution:
a. Authorizing the execution and delivery by the Agency of an Installment Purchase Agreement, a Pledged Ad Valorem and Pledged Assessment Payment Agreement, a Continuing Disclosure Certificate and a Bond Purchase Agreement in connection with the issuance of Monterey County Financing Authority 2018 Revenue Refunding Bonds and authorizing the distribution of a Preliminary Official Statement and an Official Statement in connection therewith and authorizing the execution of necessary documents and certificates and related actions; and
b. Directing each Authorized Officer and any other official of the Agency and their duly authorized designees, deputies and agents the authority to amend and execute documents, determine appropriateness of bond terms and conditions, and to carry out, give effect to, and comply with the terms and intent of this Resolution.

Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Director recommend that the Monterey County Water Resources Agency Board of Supervisors:

a. Adopt a Resolution authorizing the execution and delivery by the Agency of an Installment Purchase Agreement, a Pledged Ad Valorem and Pledged Assessment Payment Agreement, a Continuing Disclosure Certificate and a Bond Purchase Agreement in connection with the issuance of Monterey County Financing Authority 2018 Revenue Refunding Bonds and authorizing the distribution of a Preliminary Official Statement and an Official Statement in connection therewith and authorizing the execution of necessary documents and certificates and related actions; and
b. Direct each Authorized Officer and any other official of the Agency and their duly authorized designees, deputies and agents the authority to amend and execute documents, determine appropriateness of bond terms and conditions, and to carry out, give effect to, and ...

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