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<br />REVISED <br />Agenda Item 7.B dollar amount revised as shown by tracked change. <br />B.Public hearing on issuance of bonds by the California Statewide <br />Communities Development Authority for Kaiser Permanente. <br />Staff contact: Brian Ponty, Director of Finance 780-7072 bponty@redwoodcity.org <br />1.Staff Report; <br />2.Open public hearing; <br />3.Hear public comment; <br />4.Close public hearing; <br />5.Council discussion; <br />Recommendation: <br />1. Hold public hearing on California Statewide Communities Authority's <br />proposed issuance of bonds on behalf of Kaiser Permanent; and <br />2. Approve resolution authorizing Statewide Communities Development <br />Authority to issue up to $2,000,000,000of bonds on behalf of Kaiser <br />Permanente and affiliated agencies in connection with the construction and <br />improvement of health facilities located in Redwood City. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />APPROVING THE ISSUANCE OF THE CALIFORNIA STATEWIDE <br />COMMUNITIES DEVELOPMENT AUTHORITY REVENUE BONDS (KAISER <br />PERMANENTE), SERIES 2012 IN AN AGGREGATE PRINCIPAL AMOUNT NOT <br />TO EXCEED $2,000,000,000FOR THE PURPOSE OF FINANCING OR <br />REFINANCING THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, <br />EQUIPPING, RENOVATION, REHABILITATION, REMODELING AND OTHER <br />CAPITAL PROJECTS OF CERTAIN HEALTH FACILITIES AND CERTAIN OTHER <br />MATTERS RELATING THERETO <br />________________________________________________________________________________________________ <br />SPECIAL CITY COUNCILMarch 19, 2012 <br />MEETING AGENDAPAGE 6 <br />