HomeMy WebLinkAbout03/03/2020 - Special Meeting ARCADIA CITY COUNCIL
SPECIAL MEETING MINUTES
TUESDAY, MARCH 3, 2020
CALL TO ORDER - Mayor Verlato called the Special Meeting to order at 5:31 p.m. in the City
Council Chamber, 240 W. Huntington Drive, Arcadia, California.
ROLL CALL OF CITY COUNCIL MEMBERS
PRESENT: Amundson, Beck, Tay, Chandler, and Verlato
ABSENT: None
PUBLIC COMMENTS - No one appeared.
STUDY SESSION (OPEN TO THE PUBLIC)
a. Report, discussion, and direction regarding the design and funding for an Anita
Baldwin Statue at Santa Clara and Huntington Drive.
Alfred Paredes, sculptor, provided a miniature sculpture and various designs of the Anita
Baldwin Statue.
A motion was made by Mayor Pro Tern Chandler and seconded by Council Member Beck to
proceed with a seated version of the Anita Baldwin statue, and proceed to work on fundraising
efforts in order to allow for the fabrication and installation of the statue. The motion passed with
the following roll call vote:
AYES: Chandler, Beck, Amundson, Tay, and Verlato
NOES: None
ABSENT: None
b. Report, discussion, and direction regarding the Judicial Validation Process/Issuance of
Pension Obligation Bonds.
Brian Forbath of Stradling Yocca Carlson & Rauth and Julio Morales, Managing Director of
Urban Futures Inc., presented a PowerPoint Presentation.
A motion was made by Mayor Pro Tern Chandler and seconded by Council Member Tay to
direct City staff and bond counsel to prepare documentation pertaining to the issuance of
Pension Obligation Bonds, which would include the initiation of a judicial validation process for
issuance of such bonds. The motion passed with the following roll call vote:
AYES: Chandler, Tay, Amundson, Beck, and Verlato
NOES: None
ABSENT: None
The Special Meeting ended at 6:46 p.m.
Ma, 2r o -e City of Arcadia
ATTEST:
Assistant City Clerk