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CITY OF SAN DIEGONOTICE IS HEREBY GIVEN THAT THE COUNCIL OF THE CITY OF SAN DIEGO WILL CONSIDER THE ADOPTION OF ORDINANCE NO. O-2013-88, PURSUANT TO SECTION 99 OF THE CHARTER OF THE CITY OF SAN DIEGO AUTHORIZING A MONTH-TO-MONTH EXTENSION OF UP TO NINETY DAYS OF THE CURRENT CONTRACT BETWEEN THE CITY OF SAN DIEGO AND U.S. HEALTHWORKS MEDICAL GROUP. For additional information; contact Donna Wallace, at (619) 236-7125.
DATE OF NOTICE: May 27, 2013
NOTICE OF PUBLIC HEARING
TUESDAY, JUNE 4, 2013 at 10:00AM
CONSIDERATION OF THE ORDINANCE WILL TAKE PLACE AT THE REGULAR CITY COUNCIL MEETING ON TUESDAY, JUNE 4, 2013 IN THE CITY ADMINISTRATION BUILDING, COUNCIL CHAMBERS, 12TH FLOOR, 202 C STREET, SAN DIEGO, CA 92101 AT 10:00 A.M. OR AS SOON THEREAFTER AS BUSINESS ALLOWS.
A COMPLETE COPY OF ORDINANCE O-2013-88 IS AVAILABLE FOR INSPECTION IN THE OFFICE OF THE CITY CLERK OF THE CITY OF SAN DIEGO, CITY ADMINISTRATION BUILDING, 202 C STREET, 2ND FLOOR, SAN DIEGO, CA 92101.
This material is available in alternative formats upon request. To order information in an alternative format, or to arrange for a sign language or oral interpreter for the meeting, please call the Clerk's office at least 5 working days prior to the meeting at 533-4000 (voice) or 236-7012 (TT).
SAN DIEGO CITY CLERK
Pub May 27 -00111031
CITY OF SAN DIEGO
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN in accordance with Section 147(f) of the Internal Revenue Code of 1986, as amended (the Code) that at 2:00 P.M. or soon thereafter as the matter can be heard, on June 10, 2013, the Council of the City of San Diego (the Council) will conduct a public hearing (the Public Hearing) at its regular meeting place, Council Chambers, 12th Floor, at 202 C Street, City Administration Building, San Diego, California. During the Public Hearing, the Council will hear and consider information concerning the proposed sale and issuance by the Public Facilities Financing Authority of the City of San Diego (the Authority) of its Lease Revenue Bonds and Lease Revenue Refunding Bonds (the Bonds), to be issued in one or more series, on behalf of The City of San Diego (the City). The sale and issuance of the Bonds will be pursuant to a plan of financing and refinancing that includes the (i) financing of the costs of the acquisition, construction, installation and equipping of certain capital improvement projects of the City and (ii) refinancing of (a) the Citys 2003 Certificates of Participation (1993 Balboa Park/Mission Bay Refunding) (the 2003 Certificates of Participation) and (b) The City of San Diego/MTDB Authoritys 2003 Lease Revenue Refunding Bonds (San Diego Old Town Light Rail Transit Extension Refunding) (the 2003 Lease Revenue Refunding Bonds), as described below:
(1) the financing of the costs of the acquisition, construction, installation and equipping of certain capital improvement projects of the City (collectively, the 2013 Projects), to be owned by the City;
(2) the refinancing of the 2003 Certificates of Participation, which 2003 Certificates of Participation refinanced improvements to the following facilities (collectively, the Balboa Park/Mission Bay Projects), certain portions of such facilities comprise space that is currently leased or will be leased to 501(c)(3) organizations:
i. improvements to Mission Bay Park, a 4,600 acre aquatic park located nine miles north of San Diego; shoreline reclamation activities and park improvements owned by the City;
ii. improvements to Balboa Park, a 1,200 acre centrally located municipal park owned by the City adjacent to downtown, including improvements to (a) Federal Building, operated by San Diego Hall of Champions, a California nonprofit corporation, (b) House of Hospitality and Persian Fountain, operated by House of Hospitality Association, Inc., a California nonprofit corporation, (c) House of Charm, operated by the San Diego Art Institute, Old Globe Theatre, and Mingei International Inc., each a California nonprofit corporation, (d) Japanese Friendship Garden, operated by the Japanese Friendship Garden Society of San Diego, a California nonprofit Corporation, and (e) Starlight Bowl, operated by San Diego Civic Light Opera Association, Inc., a California nonprofit corporation;
iii. municipal gymnasium owned and operated by the City; and
iv. miscellaneous municipal improvements in conjunction with the City Balboa Park and Mission Bay Park Capital Improvements Program;
(3) the refinancing of the 2003 Lease Revenue Refunding Bonds, which 2003 Lease Revenue Refunding Bonds refinanced the acquisition, installation, equipping and construction of an extension to the San Diego Light Rail Transit System of Old Town San Diego, owned by the San Diego Metropolitan Transit System (the Light Rail Transit Project, and together with the Balboa Park/Mission Bay Project and the 2013 Project, the Projects); and
(4) the financing of various costs of issuance in connection with the issuance of the Bonds.
The Bonds will be issued in an aggregate principal amount expected not to exceed $52,000,000, of which $36,500,000 is the expected not to exceed principal amount (plus original issue premium in an amount not to exceed $6,000,000) for the 2013 Project, and $15,500,000 is the expected not to exceed principal amount (plus original issue premium in an amount not to exceed $4,500,000) for the refunding of the 2003 Certificates of Participation and the 2003 Lease Revenue Refunding Bonds. The Bonds will be secured by lease payments to be made by the City to the Authority pursuant to the Facilities Lease, dated as of July 1, 2012, as amended and supplemented by the First Amendment to Facilities Lease, each by and between the City and the Authority.
Those wishing to comment on the issuance of the Bonds or on the proposed nature and location of the Projects may either appear in person at the time and place indicated above or submit written comments, which must be delivered to the City Clerks Office before the Public Hearing. The address of the City Clerks Office is as follows:
202 C Street
San Diego, CA 92101
ALL PERSONS HAVING ANY INFORMATION RELEVANT TO THE PROPOSED ISSUANCE OF THE BONDS DESCRIBED ABOVE ARE HEREBY INVITED TO APPEAR AT THE TIME AND PLACE MENTIONED ABOVE TO PRESENT SUCH INFORMATION TO THE COUNCIL.
Date: May 27, 2013 CITY OF SAN DIEGO
Pub May 27 -00111024