HomeMy WebLinkAbout05/20/2008 Agenda_MMPC1VIARANA 1VIUNICIPAL PROPERTY CORPORATION (1VIMPC)
1VIEETING NOTICE AND AGENDA
COUNCIL CIIAIVIBERS
11555 W. CIVIC CENTER DRIVE,IVIARANA~ ARIZONA 85653
NIAY 20, 2008 at or after 7:00 P.NI.
Board Members:
Chairperson
Vice Chair
Secretary
A. CALL TO ORDER
B. BOARD ACTION
Carol McGoxray
Herb Kai
Hurvie Davis
Roger Forrester
Dan Sullivan
1. MMPC Resolution No. 2008-O1: resolution of the board of directors of Town of
Marana Municipal Property Corporation authorizing the issuance of its not to
exceed $40,000,000 aggregate principal amount of municipal facilities revenue
bonds, Series 2008, for the purpose of refinancing certain bonds of the
corporation and financing certain projects for the Town of Marana, Arizona;
delegating to the manager of the Town of Marana, Arizona, and, in his absence,
the finance director of the Town of Marana, Arizona, the authority to determine
various terms with respect to the bonds and certain matters with respect to the
bonds being refunded; providing for the application of the proceeds from the
sale of the bonds; approving the form of and authorizing the execution and
delivery by the corporation of a series 2008 supplemental trust indenture appro-
priate for the protection and disposition of revenues and further securing the
payment of the bonds, a Combined Cortaro Silverbell District Park Ground
Lease and Fourth Supplement to Amended and Restated Town Lease and Series
1992 Town Lease, an escrow trust agreement, any financial guaranty or related
agreement necessary with respect to credit enhancement and a bond purchase
contract and approving an official statement relating to the bonds (Erik
Montague)
C. ADJOURNMENT.
1