HomeMy WebLinkAbout2003-03-05 Finance Corp
TDPUD FINANCING CORPORATION
Special Meeting
March 5, 2003
The special meeting of the Board of Directors of the Truckee Donner Public Utility District
Financing Corporation was called to order at 8:00 PM by President Nelson VanGundy.
ROLL CALL: Directors Joe Aguera, Ron Hemig, James Maass, Patricia Sutton and Nelson
VanGundy were present.
OTHERS PRESENT: Joe Horvath, Mary Chapman, Tammie Hoedeman, Kathy Neus, Peter
Holzmeister, Steve Hollabaugh, Neil Kaufman, Jim Wilson and Barbara Cahill.
CONSULTANTS PRESENT: Steve Gross, Sandra Mc Donald, Mike McDonald and Greg
Blonde.
OTHERS PRESENT: Frank and Juanita Schneider, Joe Burns, Mike Nethersdle, Bill Quesnel
and Rene Shadforth
PUBLIC INPUT
There was no public input.
BUSINESS ITEM
CONSIDERATION OF A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF
NOT TO EXCEED $30,000,000 REVENUE CERTIFICATES OF PARTICIPATION,
APPROVING THE EXECUTION AND DELIVERY OF CERTAIN DOCUMENTS AND
AUTHORIZING CERTAIN ACTIONS IN CONNECTION WITH THE ISSUANCE OF
CERTIFICATES OF PARTICIPATION, SERIES 2003 TO FINANCE THE SETTLEMENT
OBLIGATION TO IDACORP ENERGY.
Mr. Blonde, bond counsel with Stradling Yocca Carlson & Rauth, explained this resolution and
the following documents have the effect of approving the Finance Corporation’s portion of the
Certificate of Participation funding documents: Installment Purchase Agreement, Trust
Agreement, Purchase Contract, and an Assignment Agreement.
Director Van Gundy moved and Director Maass seconded, a motion to adopt a resolution
authorizing the execution and delivery of not to exceed $30,000,000 Revenue Certificates of
Participation, approving execution and delivery of certain documents and authorizing certain
actions in connection therewith.
ROLL CALL: All Directors, aye. SO MOVED.
ADJOURNMENT
There being no further business before the Board, the meeting was adjourned at 8:03 PM.
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