Needles, CA: Summary and voting results from the Special Needles Board of Public Utilities, Needles Public Financing Authority, Needles Public Utility Authority, and Needles City Council Meeting.

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Needles, CA: Summary and voting results from the Special Needles Board of Public Utilities, Needles Public Financing Authority, Needles Public Utility Authority, and Needles City Council Meeting.

A Special Needles Board of Public Utilities, Needles Public Financing Authority, Needles Public Utility Authority, and Needles City Council Meeting was held on Tuesday, December 6th, 2016 inside the Needles City Council Chambers in Needles, California.

** Video from ZachNews on YouTube: **

Before the meeting started, the announcement that the Needles City Council portion of the special meeting was not being held because there isn’t a forum.

Needles Vice Mayor Jeff Williams was in the hospital and Needles Mayor Ed Paget was not present at the special meeting.

The Needles Board of Public Utilities, Needles Public Financing Authority, and Needles Public Utility Authority portion of the special meeting was allowed to continue.

** Here is a summary and the voting results that occurred during the special meeting: **

– Public Appearances:

Nobody came up to speak.

– Agenda Item #1:

Needles Board of Public Utilities Action: Give direction to staff and financing team.

Members of the Needles Board of Public Utilities unanimously voted 7-0 to refinance the Needles Public Utility Authority revenue bonds and certificates of participation by reducing the annual payment amount, keeping the term and going with a private placement rather than a public offering.

– Agenda Item #2(A):

Needles Public Financing Authority Action: Resolution Number NPFA 2016-1 approving the amendment to the certain Joint Exercise of Powers Agreement forming the Needles Public Financing Authority to add Needles Public Utility Authority as an Associate Member of Needles Public Financing Authority (N.P.F.A.).

Members of the Needles Public Financing Authority unanimously voted 5-0 to approve Resolution NPFA 2016-1 amending the joint exercise of powers agreement forming the Needles Public Financing Authority (N.P.F.A.) to add the Needles Public Utility Authority as an associate member.

– Agenda Item #2(B):

Needles Public Financing Authority Action: Resolution Number NPFA 2016-2 establishing regular meeting day and time.

Members of the Needles Public Financing Authority unanimously voted 5-0 to approve Resolution NPFA 2016-2 establishing a regular meeting day and time that coincides with the second and fourth Tuesdays of the month during Needles City Council Meetings.

– Agenda Item #3(A):

Needles Public Utility Authority Action: Resolution Number 12-06-2016-NPUA approving Amendment to Joint Exercise of Powers Agreement to add NPUA as an Associate Member of NPFA

Members of the Needles Public Utility Authority unanimously voted 5-0 to approve Resolution 12-06-2016-NPUA amending joint exercise of powers agreement to add Needles Public Utility Authority (N.P.U.A.) as an associate member of Needles Public Financing Authority (N.P.F.A.).

– Agenda Item #4:

Needles City Council: Informational Only Item: No Forum; No Action Taken.

**** You can view the full agenda at the following City of Needles website addresses: ****

http://cityofneedles.com/2016%20website%20file%20posting%20(Needlesserver)/1%20CITY%20COUNCIL/12%20DECEMBER/special_ccnpuanpfabpu-120616-agendaLINKED.pdf

**** You can view other City of Needles meetings agendas at the following City of Needles website address: ****

http://cityofneedles.com/Pages/Departments-Services/Boards/

For more information regarding the Needles City Council Meetings, please contact Dale Jones in the City Clerk’s Office at the City of Needles at: 1 (760) 326-2113 Ext. 345.

 

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