Agenda

Return

Finance Committee

Tuesday, March 9, 2021

8:30 a.m.
Via Zoom Teleconference
Brea Civic & Cultural Center
1 Civic Center Circle, Brea, California

MEMBERS:
ALTERNATE:

Mayor Marty Simonoff and Council Member Christine Marick
Mayor Pro Tem Cecilia Hupp

This meeting is being conducted consistent with Governor Newsom’s Executive Order N-29-20 dated March 17, 2020, regarding the COVID-19 pandemic. The Finance Committee meeting will be held on March 9, 2021 at 8:30 AM via Zoom and the public is welcome to participate. To provide comments by teleconference (Zoom), members of the public must contact City Staff at (714) 990-7676 or arlenem@cityofbrea.net no later than 12:00 PM on Monday, March 8, 2021 to obtain the Zoom Meeting ID number and password. Participants will be muted until recognized at the appropriate time by the Committee. Written comments may be sent to the Administrative Services Department at arlenem@cityofbrea.net no later than 12:00 PM on Monday, March 8, 2021. Any comments received via email will be summarized aloud into the record at the meeting.

The Finance Committee agenda packet can be viewed on the City of Brea website at: https://www.ci.brea.ca.us/509/Meeting-Agendas-Minutes. Hard copies of the agenda packet are available via USPS with proper notice by calling (714) 990-7676. Materials related to an item on this agenda submitted to the Finance Committee after distribution of the agenda packet are available for public inspection in the third floor lobby of the Civic & Cultural Center at 1 Civic Center Circle, Brea, CA 92821 during normal business hours. Such documents may also be available on the City's website subject to staff's ability to post documents before the meeting.

CALL TO ORDER / ROLL CALL

Matters from the Audience

CONSENT

February 23, 2021 Finance Committee Regular Meeting Minutes - Approve.

DISCUSSION

Cooperative Agreement 12-771 between the City of Brea and State of California Department of Transportation (Caltrans) for the SR 57/Lambert Road Interchange Improvement Project (CIP 7251) – Landscape Phase - Approve the Cooperative Agreement 12-771 between the City of Brea and Caltrans; and Authorize the City Manager to execute the Cooperative Agreement 12-771 with any subsequent amendments upon approval as to form by the City Attorney.

Authorization for the Issuance of the 2021 Lease Revenue Refunding Bonds to Refinance the Outstanding 2010 Lease Revenue Bonds (Solar and Energy Efficiency Projects) of the Brea Public Financing Authority - Adopt the Resolution approving the institution of proceedings to refinance the outstanding 2010 Lease Revenue Bonds and engaging related professional services as needed.

Schedule Next Meeting: Tuesday, March 30, 2021

CC:

Mayor Steven Vargas and Council Member Glenn Parker

Special Accommodations
In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Clerk’s Office at (714) 990-7757. Notification 48 hours prior to the meeting will enable City staff to make reasonable arrangements to ensure accessibility. (28 CFR 35.102.35.104 ADA Title II)