Site Authority meeting agenda
November 5, 2001
California State University Channel Islands Site Authority
Monday, November 5, 2001
California State University Channel Islands
One University Drive, Camarillo, California 93012
R. J. Considine, Jr., Chairperson
Frank Schillo, Vice Chairperson
Laurence K. Gould, Jr.
Richard P. West
Call to Order (R.J. Considine, Jr.) and Roll Call (Carmen Smith)
Approval of Minutes of October 1, 2001 Meeting
Public Comment Period (Pursuant to Government Code section 11125.7)
INFORMATION AND ACTION ITEMS
Builder Construction Agreement with Guaranteed Maximum Price (J. Patrick Drohan) ACTION
The agreement between the Site Authority and Brookfield Campus Housing, Inc. calls for a guaranteed maximum prices (GMP) to be agreed upon for infrastructure and vertical construction. The amount of the vertical construction GMP and an analysis of it will be forwarded to the members in advance of the meeting. A brief with proposed resolution (SA 01-11-01) is attached.
Update on Vertical Financing Phases I and II - Rental Housing Revenue Bonds and Approval of Vertical Financing Phase I - For-Sale Housing Construction Loan (Richard K. Leffingwell) INFORMATION/ACTION
The Site Authority will be updated on the financings approved at its August meeting and take any additional actions or modifications.
Annual Financial Report. (Richard Leffingwell) ACTION
The authorities annual financial report has been completed and is being distributed. Acceptance of the report by the authority will be recommended.
Lease Amendment and Other Financing Actions (William Knight) ACTION
A lease amendment has been proposed by Citibank. The proposed language and resolution authorizing lease amendment and related action is attached.
Schedule of Meetings ACTION
Proposals for future meeting dates will be considered.
Member Forum (Open discussion for members, including requests for matters to be considered at future meetings) INFORMATION
Election of Officers (William Knight) ACTION
Election of the Site Authority's chairperson and vice chairperson.
The chair or body may recess for lunch or other convenience at suitable times as they determine.
For information on this or other meetings you may contact: Carmen Smith, California State University Channel Islands, Administration Building, President's Office, One University Drive, Camarillo, CA, 805-437-8400.