Meeting Time: August 14, 2025 at 9:00am PDT

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Agenda Item

ID 25-1059 Actions pertaining to issuance and sale of Series 2025 Lease Revenue Bonds for Public Safety projects: 1. ***RESOLUTION - Approving the issuance by the Fresno Joint Powers Financing Authority of lease revenue bonds in a principal amount not to exceed an aggregate $60 million, authorizing the execution and delivery of a master facilities lease, a master facilities sublease, a bond purchase agreement, an official statement and a continuing disclosure certificate; and authorizing execution of documents and the taking of all necessary actions relating to the financing. (City action) (Requires 5 affirmative votes) (Subject to Mayor's veto) 2. RESOLUTION of the Fresno Joint Powers Financing Authority authorizing the issuance and sale of Lease Revenue Bonds (Public Safety Projects) series 2025, authorizing the execution and delivery of a trust agreement, a master facilities lease, a master facilities sublease, a bond purchase agreement, and an official statement, and authorizing the taking of all necessary actions relating to issuance of the bonds. (Joint Powers Financing Authority action) 3. ***RESOLUTION - Authorizing the release of facilities and amendment of the Master Facilities Lease and Master Facilities Sublease relating to the Fresno Joint Powers Authority lease revenue bonds and approving the taking of all necessary or desirable actions in connection therewith. (City action) (Requires 5 affirmative votes) (Subject to Mayor's veto) 4. RESOLUTION of the Fresno Joint Powers Financing Authority authorizing the release of facilities and amendment of the Master Facilities Lease and Master Facilities Sublease relating to the Fresno Joint Powers Authority lease revenue bonds and approving the taking of all necessary or desirable actions in connection therewith. (Joint Powers Financing Authority action)

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