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7.1.A. - Page 4 <br />Adopt, by resolution, an amendment to the Parking Fund loan agreement, <br />extending by ten years the repayment term, requiring that principal be repaid <br />by June 30, 2023. <br />RESOLUTION NO. 15259 OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br />CITY AMENDING, IN ITS ENTIRETY, SECTION 1 (A) OF RESOLUTION NO. <br />12006 RELATED TO A LOAN FROM THE CITY'S CIVIC CENTER <br />IMPROVEMENTS, CAPITAL IMPROVEMENTS PROGRAM FUND TO THE <br />CITY'S DOWNTOWN PARKING STRUCTURE IMPROVEMENTS, PARKING <br />DISTRICT NO. 1 FUND <br />B. Resolution in support of Community Development Department's <br />submission of a Proposal to Caltrans for a Gateway Monument Project <br />Recommendation: <br />Adopt a resolution in support of the Proposal by the Community <br />Development Department to Caltrans for approval of the replacement of two <br />monuments used to display service club and civic organization emblems. <br />A RESOLUTION NO. 15260 OF THE CITY COUNCIL OF THE CITY OF <br />REDWOOD CITY APPROVING THE REPLACEMENT OF EXISTING GATEWAY <br />MONUMENT SIGNS LOCATED AT THE SOUTHERN AND NORTHERN <br />ENTRANCES TO THE CITY, ADJACENT TO EL CAMINO REAL (STATE ROUTE <br />82) AT CHESTNUT STREET AND AT CLAREMONT AVENUE <br />C. Refund the City of Redwood City Public Financing Authority Lease <br />Revenue Bonds, Series 2003, to be implemented as a private <br />placement transaction with BBVA Compass Bank <br />Recommendation: <br />Adopt, by resolution, authorization for the City Manager to accept an offer <br />from BBVA Compass Bank (Bank) to provide funding to refund the Public <br />Financing Authority's 2003 Lease Revenue Bonds (2003 Bonds). <br />A RESOLUTION NO. 15261 OF THE CITY COUNCIL OF THE CITY OF <br />REDWOOD CITY APPROVING THE FORM AND AUTHORIZING THE <br />EXECUTION OF A COMMITMENT LETTER FROM COMPASS BANK IN <br />CONNECTION WITH THE REFUNDING OF THE CITY'S OBLIGATIONS WITH <br />RESPECT TO THE CITY OF REDWOOD CITY PUBLIC FINANCING AUTHORITY <br />LEASE REVENUE BONDS SERIES 2003 AND AUTHORIZING AND DIRECTING <br />CERTAIN ACTIONS WITH RESPECT THERETO <br />3. Section - Ordinance(s) - First Reading/Introduction <br />A. Ordinance to allow Redwood Shores Community Facilities District to <br />approve annual tax levy administratively without Council action <br />Recommendation: <br />CITY COUNCIL May 6, 2013 <br />MEETING MINUTES PAGE 3 <br />