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6.3. B. - Page 3 <br /> ALTERNATIVES <br /> The Council is under no obligation to adopt the resolution before it tonight. If the <br /> Council declines to adopt the resolution staff will not implement the refunding bond sale <br /> and the 2000 Bonds will remain outstanding and no savings would accrue to the <br /> Owners and their tenants. <br /> If bonds are not sold, a deposit previously made with surplus special tax proceeds will <br /> pay for all non-contingent costs incurred in connection with structuring the refunding. <br /> FISCAL IMPACT <br /> The fiscal impacts of approving the proposed resolution are the same as those <br /> disclosed to the City Council in the January 9, 2012 staff report. There are no additional <br /> fiscal impacts. <br /> ENVIRONMENTAL IMPACT <br /> Not a project under the California Environmental Quality Act. <br /> � <br /> � �^�- <br /> BRIAN PONTY <br /> FINANCE DIRECTOR <br /> �� <br /> ROBERT B. BELL <br /> CITY MANAGER <br /> ATTACHMENTS <br /> 1. Resolution confirming authorization of the issuance of special tax bonds for and on <br /> behalf of the City of Redwood City Community Facilities District No. 2000-1 (Pacific <br /> Shores Project), and approving other related actions. <br /> 2. January 9, 2012 Staff Report <br /> 3. Description of Principal Bond-Related Documents <br /> 4. Sizing Analysis and Debt Service Schedule <br /> RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br /> 1. Fiscal Agent Agreement <br /> 2. Escrow Agreement <br /> 3. Bond Purchase Contract <br />