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7. PUBLIC HEARINGS <br /> <br /> A. 200312004 Budget Ordinance Introduction <br /> <br /> Staff contact: Brian Ponty, Director of Finance and Financial Planning <br /> 780-7072 bponty~,redwoodcity.or.q <br /> <br /> Recommendation: <br /> Continue the public hearing and introduction of the ordinance on this topic to the <br /> meeting of August 11,2003. <br /> <br />8. STAFF REPORTS <br /> <br /> A. Approval of a resolution authorizing the issuance of special tax bonds for <br /> the Ralston Avenue/U.S. 101 freeway interchange reconfiguration project <br /> (Phase II of the Shores Transportation Improvement Project) in the aggregate <br /> amount not to exceed $8,490,000.00 and approving certain financing <br /> documents in substantially final form and taking certain actions in <br /> connection therewith. <br /> <br /> Staff contact: Brian Ponty, Director of Finance and Financial Planning <br /> 780-7072 bpont¥~redwoodcity.or.q <br /> <br /> Recommendation: <br /> That the City Council, acting as the legislative body of the Redwood Shores <br /> Community Facilities District No. 99-1, adopt a resolution approving the sale of <br /> special tax bonds of the district in an amount sufficient to fund Phase II <br /> construction for the Shores Transportation Improvement Project and associated <br /> financing costs. <br /> <br /> RESOLUTION OF THE COUNCIL OF THE CITY OF REDWOOD CITY, ACTING AS THE <br /> LEGISLATIVE BODY OF REDWOOD SHORES COMMUNITY FACILITIES DISTRICT <br /> NO. 99-1 (SHORES TRANSPORTATION IMPROVEMENT PROJECT) OF THE CITY OF <br /> REDWOOD CITY, STATING ITS INTENTION TO ISSUE BONDS AND AUTHORIZING <br /> THE ISSUANCE OF ITS SPECIAL TAX BONDS, SERIES 2003B, IN AN AGGREGATE <br /> PRINCIPAL AMOUNT NOT TO EXCEED $8,490,000 AND APPROVING CERTAIN <br /> DOCUMENTS AND TAKING CERTAIN OTHER ACTIONS IN CONNECTION <br /> THEREWITH <br /> <br />REGULAR CITY COUNCIL MEETING JULY 28, 2003 <br />AGENDA PAGE 6 <br /> <br /> <br />