20060410 Regular City Council Meeting - MinutesMINUTES OF THE SPECIAL CITY COUNCIL
MEETING OF THE CITY OF VERNON
HELD APRIL 10, 2006, AT 2:16 P.M.
IN THE COUNCIL CHAMBERS OF THE
CITY HALL LOCATED AT 4305 SANTA FE AVENUE,
VERNON, CALIFORNIA
MEMBERS PRESENT: Malburg, Ybarra, Gonzales, Davis, McCormick
MEMBERS ABSENT: None
The meeting was called to order by Mayor Malburg.
The City Attorney announced that now was the time for
anyone in the audience who wished to address the City Council on
any item on the agenda other than with regard to any public
hearings that may be listed.
The Mayor asked if there was anyone in the audience
who wished to address the City Council at this time.
There was no one wishing to address the City Council
at this time.
ORDINANCE NO. 1119 - An Ordinance of the City Council
of the City of Vernon Establishing a Date for the Installation
of Newly Elected Officers and Declaring That Said Ordinance
Shall Take Effect Immediately, was read by title for a first and
final reading.
It was moved by McCormick, seconded by Gonzales, that
Ordinance No. 1119 be approved and adopted. Motion carried.
Ayes: Malburg, Ybarra, Gonzales, Davis, McCormick
Noes: None
Absent: None
Abstained: None
The City Attorney announced that now was the time to
open the public hearing to consider the adoption of a Demand
Forecast for June through December 2006, Planning Reserve Margin
and Qualifying Capacity Criteria.
It was moved by Davis, seconded by Gonzales, to open
the public hearing to consider the adoption of a Demand Forecast
for June through December 2006, Planning Reserve Margin and
Qualifying Capacity Criteria, the time being 2:16 p.m. Motion
carried.
The Director of Light & Power provided the City
Council with a summary of this matter.
The Mayor asked if there was anyone in the audience
who wished to address the City Council on this matter.
There was no one wishing to address the City Council
on this matter.
It was moved by McCormick, seconded by Ybarra, to
close the public hearing to consider the adoption of a Demand
Forecast for June through December 2006, Planning Reserve Margin
and Qualifying Capacity Criteria, the time being 2:30 p.m.
Motion carried.
Special City Council Meeting Agenda
April 10, 2006
RESOLUTION NO. 9017 - A Resolution of the City Council
of the City of Vernon Approving and Adopting the Demand Forecast
for June Through December 2006, Planning Reserve Margin and
Qualifying Capacity Criteria, was read by title.
It was moved by Gonzales, seconded by Ybarra, that
Resolution No. 9017 be approved and adopted. Motion carried.
RESOLUTION NO. 9013 - A Resolution of the City Council
of the City of Vernon Approving, Authorizing and Directing the
Execution and Delivery of a Joint Exercise of Powers Agreement
Relating to the Vernon Natural Gas Financing Authority, was read
by title.
Mr. Gene Carron of Orrick, Herrington & Sutcliffe LLP
explained the details pertaining to Resolution No. 9013.
The Mayor asked if there was anyone in the audience
who wished to address the City Council on this matter.
There was no one wishing to address the City Council
on this matter.
It was moved by Gonzales, seconded by Davis, that
Resolution No. 9013 be approved and adopted. Motion carried.
RESOLUTION NO. 9014 - A Resolution of the City Council
of the City of Vernon Approving and Authorizing the Execution and
Delivery of a Natural Gas Purchase Agreement, a Gas Price
Management Contract and Approving Certain Transactions of the
Vernon Natural Gas Financing Authority, was read by title.
Mr. Gene Carron of Orrick, Herrington & Sutcliffe LLP
explained the details pertaining to Resolution No. 9014.
The Mayor asked if the bonds relating to this matter
are taxable.
Mr. Carron informed the City Council that all the
bonds are tax-exempt.
The Mayor asked if there was anyone in the audience
who wished to address the City Council on this matter.
There was no one wishing to address the City Council
on this matter.
It was moved by Ybarra, seconded by McCormick that
Resolution No. 9014 be approved and adopted. Motion carried.
RESOLUTION NO. 9015 - A Resolution of the City Council
of the City of Vernon Amending Resolution Nos. 8897 and 8945 and
Approving and Authorizing the Execution of a Retainer Agreement
By and Between the City of Vernon and Morgan, Lewis & Bockius
LLP, was read by title.
It was moved by Gonzales, seconded by Davis, that
Resolution No. 9015 be approved and adopted. Motion carried.
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Special City Council Meeting Agenda
April 10, 2006
RESOLUTION NO. 9016 - A Resolution of the City Council
of the City of Vernon Approving and Ratifying the Execution of
an Amendment to ISDA Master Agreement and Interest Rate Swap
Transaction Confirmations Dated March 16, 2006 with Morgan
Stanley Capital Services Inc. Relating to Interest Rate Swap for
2004 Bonds, was read by title.
It was moved by Ybarra, seconded by Gonzales, that
Resolution No. 9016 be approved and adopted. Motion carried.
The City Attorney announced that now was the time to
go into closed session.
It was moved by Gonzales, seconded by Ybarra, that the
City Council go into closed session, the time being 2:50 P.M.
Motion carried.
Everyone was excluded from closed session with the
exception of the Acting City Clerk, the City Attorney, members
of the City Attorney's Office, and outside Legal Counsel.
The Mayor ordered all communications to and from
closed session deemed privileged and confidential.
It was moved by McCormick, seconded by Ybarra, that
the City Council go out of closed session and resume regular
session, the time being 3:00 p.m. Motion carried.
It was reported out that the City Council had a
conference with legal counsel in closed session regarding the
following existing litigation case numbers pursuant to
subdivision (a) of Government Code Section 54956.9, and that no
action was taken on said cases.
a.
LASC No. BC
331516
b.
LASC No. BS
095763
C.
LASC No. BC
343370
d.
LASC No. BS
101423
e.
LASC No. BC
346114
f.
LASC No. BC
337476
There
being no further
business to come before the
City Council
at this time,
it was
moved by McCormick, seconded
by Gonzales,
that the meeting be
adjourned, the time being 3:00
p.m. Motion
carried.
4Leonis
C. Ma burg
Mayor
ATTEST.
Bruce V. alkenhorst, Jr.
Acti y
Clerk
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