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Resolution No. 7667I 6 7 8 9 10 ll 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 7667 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING THE ISSUANCE OF NOTES, BONDS OR OTHER EVIDENCE OF INDEBTEDNESS FOR CROWN POLY, INC. BY THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY WHEREAS, the City Council of the City of Vernon adopted Resolution No. 7434 on November 2, 1999, approving an Amended and Restated Joint Exercise of Powers Agreement ("Agreement"), in order to become a member of the California Statewide Communities Development Authority (the "Issuer"), a joint powers authority; and WHEREAS, Crown Poly, Inc. (the "Borrower"), which is located in the City of Vernon, has submitted a Land, Building and Equipment Program (LBEP) Application to the Issuer requesting funding of real and personal property, including equipment, to be used as, or as a part of, a manufacturing facility that manufacturers plastic bags, to be located at one or more of the following addresses: 5500 Alameda St., Vernon, CA, 3015 E. 25 th St., Vernon, CA, 3136 Washington Blvd., Vernon, CA, 3170 Washington Blvd., Vernon, CA, 3200 Washington Blvd., Vernon, CA, 3240 Washington Blvd., Vernon, CA, 3250 Washington Blvd., Vernon, CA, 3270 Washington Blvd., Vernon, CA, 3375 Slauson Ave., Vernon, CA, 4400-4444 Pacific Blvd., Vernon, CA, 5600 Alameda St., Vernon, CA, 4160 Bandini Blvd., Vernon, CA, 4415 Bandini Blvd., Vernon, CA, 4505 Bandini Blvd., Vernon, CA, 4651 Bandini Blvd., Vernon CA, 3301 Vernon Ave., Vernon, CA, and 5706 Bickett St., Huntington Park, CA; and WHEREAS, the Issuer in its inducement resolution (the ("Inducement Resolution") attached hereto as Exhibit "A" has proposed to issue its notes, bonds or any other evidence of indebtedness of the 1 2 3 4 5 6 7 8 'aa 11 12 13 14 15 Mel 17 18 19 20 21 22 23 24 25 26 27 28 Issuer (the "Obligations") in an aggregate principal amount not expected to exceed Nine Million Dollars ($9,000,000) pursuant to the California Industrial Development Financing Act, Section 91500 et seq., of the Government Code of the State of California, as amended and supplemented (the "Act"); and WHEREAS, the project to be financed by the Obligations consists of the acquisition, construction, rehabilitation and improvement of property, including real and personal property, to be used as, or as a part of, a manufacturing facility (the "Project") as described in the Inducement Resolution; and WHEREAS, the Issuer has requested that the City of Vernon approve the issuance of the Obligations in order to satisfy the public approval requirement of Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), the requirements of Section 9 of the Amended and Restated Joint Exercise of Powers Agreement (the "Agreement"), dated as of June 1, 1988, and the public agency approval requirement of Section 91530(f) of the Government Code of the State of California, as amended; and WHEREAS, on November 28, 2000, a Notice of Public Hearing was I published in the Metropolitan News -Enterprise, a newspaper of general circulation in the City of Los Angeles; and WHEREAS, the City of Vernon held a public hearing on December 12, 2000, providing a reasonable opportunity for persons to comment on the issuance of the Obligations and the Project; and WHEREAS, it is intended that this resolution shall constitute the approval of the issuance of the Obligations required by Section 147(f) of the Code, Section 9 of the Agreement and Section 91530(f) of the Government Code of the State of California. - 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby finds and determines that the recitals contained hereinabove are true and correct. SECTION 2: The City Council of the City of Vernon hereby approves the issuance of the Obligations for the purposes of Section 147(f) of the Code, Section 9 of the Agreement and Section 91530(f) of the Government Code of the State of California. SECTION 3: The City Council of the City of Vernon hereby directs the City Clerk, or his designee, to transmit a certified copy of this Resolution to: Janelle K. Jackson Gilmore & Bell, P.C. 2405 Grand Blvd., Suite 1100 Kansas City, Missouri 64108 SECTION 4: The City Clerk of the City of Vernon shall certify to the passage of this resolution, and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 12th day of December, 2000. ATTEST• BRUCE V. MALKENHORST, City Clerk EONIS C. MALB RG, Ma or - 3 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14II 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 7667, was duly adopted by the City Council of the City of Vernon at an adjourned regular meeting of the City Council duly held on Tuesday, December 12, 2000, and thereafter was duly signed by the Mayor of the City of Vernon. v BRUCE V. MALKENHORST, City Clerk (SEAL) - 4 - EXHIBIT 0 RESOLUTION NO.2000IDB-14 RESOLUTION OF THE CALIFORNIA, STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY MAIONG DETERMINATIONS WITH RESPECT TO THE FINANCING OF FACII.ITIES AND DECLARING ITS OFFICIAL INTENT TO UNDERTAKE THE FINANCING AND TO REIMBURSE CERTAIN CAPITAL EXPENDITURES FROM PROC nS OF INDEBTEDNESS Borrower: Obligation: Maximum Principal Amount: Activities and Uses of the Project: Anticipated Public Benefits: Crown Poly Inc. or an affiliate Notes, Bonds or any other evidence of indebtedness S9,000,000 Manufacturer of plastic bags (a) Employment benefits (within the meaning of Section 91502.1(b)(1) of the Act) by securing or increasing the number of employees of the Borrower and any other direct users of the Project or the compensation for such employment. (b) Consumer benefits (within the meaning of Section 91502.1(bx3) of the Act) by improving the quantity or quality or reducing the price of products, energy or related services or facilities, and by producing new or improved products or related services or facilities. WHEREAS, the California Statewide Communities Development Author+*, (the "Issuer") is authorized and empowered by the provisions of Title 1, Division 7, Chapter 5 of the Government Code of the State of California to issue its Obligations pursuant to the California Industrial Development Financing Act, as amended and supplemented (the "Act"), for the purpose of financing certain costs of a project, as that term is defined in the Act; and WHEREAS, the Borrower desires to acquire, construct, rehabilitate and improve property, including real and personal property, to be used as, or as a part of, a manufacturing facility (the "Project"); and WHMAS, the Borrower is willing to acquire, construct, rehabilitate and improve the Project upon the issuance by the Issuer of the Obligation to finance the Project pursuant to the Act; and WHEREAS, the Borrower has heretofore submitted, and this Commission has accepted, an application requesting financing for the Project; and WHEREAS, the Issuer may not issue the Obligation to finance the Project until this Commission makes certain determinations with respect to public benefits and qualification of the Project as required by the Act; and WHEREAS, this Commission has carefully considered and discussed the information contained in the Borrower's application and other information necessary to make such determinations; and CSCDMIIOIDWINDVCQRiJ (iN� A — 1 WHEREAS, this Commission desires to induce the Borrower to commence acquisition, construction, rehabilitation and improvement of the Project at the earliest possible time so as to produce the public benefits set forth herein; and WHEREAS, the Issuer, in the course of assisting the Borrower in the financing of the Project, expects that the Borrower has paid or may pay certain expenditures (the "Reimbursement Expenditures") in connection with the Project within 60 days prior to the adoption of this Resolution and prior to the issuance of the Obligation for the purpose of financing costs associated with the Project on a long-term basis; and WHEM,AS, the Issuer reasonably expects that the Obligation in an amount not expected to exceed the Maximum Principal Amount will be issued and that certain of the proceeds of the Obligation may be used to reimburse the Reimbursement Expenditures; and WHEREAS, Section 1.103-8(axS) and Section 1.150-2 of the Treasury Regulations require the Issuer to declare its reasonable official intent to reimburse prior expenditures for the Project. with proceeds of a subsequent borrowing; NOW, THEREFORE, the. Commission of the California Statewide Communities Development Issuer does hereby resolve as follows: correct. Section 1. This Commission hereby finds and determines that the foregoing roc mis are true and Section 2. This Commission hereby finds and determines that: Act; (a) the Activities and Uses of the Project are in accord with Section 91503 of the - (b) the use of the Project is likely to produce the Anticipated Public Benefits; (c) the issuance of the Obligation by the Issuer in an amount sufficient to finance certain costs of the Project, which is now estimated not to exceed the Maximum Principal Amount, as described in the Borrower's application attached hereto as Exhibit A, is likely to be a substantial factor in the accrual of one or more of the Anticipated Public Benefits from the use of the Project as proposed in the Borrower's application; and (d) the acquisition of the Project by the issuance of the Obligation is otherwise in accord with the purposes and requirements of the Act. Section 3. It is the present intent of the Issuer to issue, at one time or from time to time, the Obligation (the interest of which is intended to be exempt from federal income taxation) when permitted to do so under the Act in the amount not to exceed the Maximum Principal Amount to finance certain costs of the Project. csmn.aotan.un n DUCRUs (uffl) .Z. A — 2 Section 4. This Resolution is being adopted by the Issuer for purposes of establishing compliance with the requirements of Section 1.103-8(ax5) and Section 1.150-2 of the Treasury Regulations. In that regard, the Issuer hereby declares its official intent to use proceeds of indebtedness to reimburse the Reimbursement Expenditures. Notwithstanding the foregoing, this resolution does not bind the Issuer to Awake any expenditure, incur any indebtedness, or proceed with the financing of the Project. Section S. This resolution shall take effect immediately upon its passage. PASSED AND ADOPTED by the California Statewide Communities Development Authority this 10`h day of October, 2000. The undersigned, a duly appointed and qualified Member of the Commission of the California Statewide Communities Development Authority, DOES HEREBY CERTIFY that the foregoing resolution was duly adopted by the Commission of the Issuer at a duly called meeting of the Commission of the Issuer held in accordance with law on October 10, 2000. Member of the Commission California Statewide Communities Development Authority C=A-Z01DD.L3.1NWC8M (AAM -3- A — 3 EXHIBIT A BORROWER'S APPLICATION A - 4 ca IFORNIA U COM NITIES Land, Building and Equipment Program (L.BEP) AppliCatlon APPLICANT INFORMATION , Qvwslr ai NsrflC Cxoga Poly Inc. Pftary Contact: j)2! !s V. NuttalY ?we., I Controller SV"Addres: 4160 Bsndlzd Blvd. Mr. Los Angeles mate: a ap Cods: 90023-4 09 Te*42hw a: 323-268•-1298 z321 Foy mombo- 323-268-6558 t:-Mail: d nUttsllC=0VVp01y_C0m Gg mwyra=mr l)Sorm wens Processor Q SW waste Rocydor KAICs code: Producb Plastic Produce Ba s PROJECT DESCRIPTION COST TO s a MANCE10 Eire. s fiulfainp: S ,,, Equipment s 1,500,000 ,500,000 TOTAU A _ ADORE%$ OF PROJECT SITE: To be detezai=d PUBLIC BENEFIT SUMMARY A. EMPLOYMENT CPrAnoN The Bt dD of C."bmlo has os o n**nurn Qukk&o one new job is a-nabd for ssch $60.000 in bond tirwMkV of 20 now jobs par $1M In bond tinw%iV 2 fepeA49 Project ovmP*WA. Hew)0bs wv not to Cotifomios snd do nat imkwa transfers at MIDM lora from cow ealwamis locww s• CURRENT 1'R/1lis>elL1t8 NEW HIRW TOTAL EMPLOYA" 20 - 3o t2o IL 30L ID WASTE PROCM860" AND RECYCLE" ONLY; 1. vavrm of solid Wosts Dieted from L.ondM; A - 5 a . 1 1. vokow o/ RscydableS ReCOWSM& 3, source of sold w"smoQ C1ams- a CESCRJa9 ANN OTH&R pUSUc DRNFFM ASSOCIAtaD Wn H THN PROJECTS Source raducrion of raw material stock preventing a similar mount going into landfills. OWNERSHIP 8TRUCWRE Plop do& one of 1hs folwd&9 CANOW XC Corporstioi ❑ Su6CIiApw S Corporation Q Partrst:hlA ❑ Ur9W UobFg Pon p D OthprY b'1� Prirrdoel Ormm*hanhotders Powntape of owmnWP x lbrahis Siubaee 100% 0" et•moNporancrr or Farrnedgev 10/10/1991:e: Cali-foixi= ' ADDITIONAL INFORMATION Pico= prcvWc the "awing kvkk a*n as edQiW*l W tadxrwft; FbmuX rrl a tea the MOO rsearne truss years and an current year Imarlm B A Wwdulr of land. bukW and *TJP r *nt 10 be 1lnanted indudirp Coat drsa *&n C sijm nwwam&b4a M at&v$w tee payebw to c-w Fkrse+oe COtX0 6m Th(s tee wOl bo aedW to your %wAnoe vests at dosing. jagfMdaft N AgNaW 9L WML212ggon not appmeM 1'OR MORE 1NpORMATi09 0!t'r0 SUBMIT AN APPLICATION Tat lIPHON& COW) 6a5.3M. 2& 20 OR v& 11 PAX- PM 9aS4W EoYtA u exomruurdtles eom WISO TB:..ww,ceoommunhi".ponr MAIU t AIiFORN A CGMMVNmES 2175 N. 03Wornia Bred.. $Olt* OW. Walnut crook, CA 045M Sigaeds Date: 09/29/ZOOb Ebrahia Slahaee r �. A - 6 SUPPORTING DOCUMENTS t CITY COUNCIL LEONIS C. MALBURG Mayor THOMAS A. YBARRA Mayor Pro —Tern WM. `BILL" DAVIS Councilman H. "LARRY" GONZALES Councilman W. MICHAEL MCCORMICK Councilman BRUCE V. MALKENHORST City Administrator / City Clerk FAX (323) 581-7924 City Council City of Vernon Honorable Members: MRDO OLIVO ity Attorney FAX: (562) 927-8722 V" KEVIN WILSON Director of Community Services & Water FAX: (323) 588-2761 CITY HALL 4305 SANTA FE AVENUE, VERNON, CALIFORNIA 90058 TELEPHONE (323) 583-8811 December 7, 2000 KENNETH J. DeDARIO Director of Municipal Utilities FAX: (323) 583-1983 DAVE TELFORD Fire Chief FAX: (323) 581-1385 BRUCE W. OLSON Police Chief FAX: (323) 583-5236 Crown Poly, Inc. (CPI), a manufacturer of plastic bags, located at 4160 Bandini Boulevard is requesting Equipment Only Purchase Program (EOPP) financing. CPI is planning to expand its operation and spend $1.5 million in new manufacturing equipment at a tax-exempt rate for the year 2000, and in 2001 they are forecasting to construct a $7.5 million manufacturing facility. Funding is available through The California Communities, a public agency; however, the transaction cannot be funded before December 19, 2000, and the funds must be expended on one or more of the following locations: 5500 Alameda Street, Vernon, CA 3015 E. 25th Street, Vernon, CA 3136 Washington Blvd., Vernon, CA 3170 Washington Blvd., Vernon, CA 3200 Washington Blvd., Vernon, CA 3240 Washington Blvd., Vernon, CA 3250 Washington Blvd., Vernon, CA 3270 Washington Blvd., Vernon, CA 3375 Slauson Avenue, Vernon, CA 4400-4444 Pacific Blvd., Vernon CA 5600 Alameda Street, Vernon, CA 4160 Bandini Blvd., Vernon, CA 4415 Bandini Blvd., Vernon, CA 4505 Bandini Blvd., Vernon, CA 4651 Bandini Blvd., Vernon, CA 3301 Vernon Avenue, Vernon, CA 5706 Bickett Street, Huntington Park, CA n 4 Crown Poly December 7, 2000 Page 2 California Statewide Communities Development Authority (CSCDA) will assist California Communities with providing the funds of $9 million. There would be no cost to the City and it is hereby recommended to support CSCDA in the "tax-exempt obligations" funding not to exceed $9 million to CPI for equipment and the construction of the new facility. Very truly yours, B uce V. Ma&nont"4 City Administrator/City Clerk BVM/ng ■ The Redevelopment Agenc December 7, 2000 TO: Bruce V. Malkenhorst, City Administrator FROM: Chris Romero Administrative Aide SUBJECT: CROWN POLY STAFF REPORT - TAX-EXEMPT OBLIGATIONS Crown Poly, Inc. (CPI), located at 4160 Bandini Blvd, Vernon, CA 90023, is requesting Equipment Only Purchase Program (EOPP) financing. CPI is a California, C Corporation, incorporated in October 1991. Ebrahim Simhaee is 100% principal owner. CPI's principal business activity is manufacturing of plastic produce bags. CPI has developed a "PULL-N-PAK" Bagging System, which incorporates a patented dispenser and patented bag. CPI is also the only manufacturer in the U.S. with consistent export business of produce bags to five continents. CPI is seeking to purchase $1.5 million in new manufacturing equipment at a tax-exempt rate for the year 2000. The equipment consists of (2) blown film extrusion and conversion production lines for the manufacture of plastic bags and plastic bags. In 2001, CPI is looking to, construct a $7.5 million manufacturing facility for expansion purposes. CPI is requesting bids to finance the equipment at a tax- exempt rate for a period of seven years. Proposals less than a seven-year term will be considered. All Industrial Development Bonds in the State of California require bond volume cap allocation to finance at a tax-exempt rate. California Communities has received additional volume cap allocation for the Equipment program. The transaction cannot fund until December 19, 2000 this is the scheduled funding approval meeting by the California Industrial Development Financing Advisory Committee. California Statewide Communities Development Authority (CSCDA) will assist in filing an application in the year 2001 for the new $7.5 million facility. Funding is expected in June 2001. In any event, the City of Vernon has no financial responsibility for this bond financing. It is recommended that we support the CSCDA issuance of "tax-exempt obligations" to CPI for their expansion needs. cc: Kevin Wilson it Administrators Office November 28, 2000 TO: Bruce V. Malkeejnnh/op'rst, City Administrator FROM: Chris Romero, Administrative Aide SUBJECT: CROWN POLY - USE OF FUNDS Crown Poly, Inc. located at 4168 E. Bandini Blvd, in the City of Vernon, has requested financing from the California Statewide Communities Development Authority (the "Issuer") consisting of the issuance and sale of notes, bonds or any other evidence of indebtedness (the "Obligations") in a principal amount not expected to exceed $9,000,000. C41-y Council will conduct a public hearing at 4:45 p.m, on, December 12, 2tFM concerning a plan of proceeds of the Obligations to be loaned to Crown Poly, Inc. or an affiliate (the "Borrower") pursuant to a Loan Agreement to provide for the acquisition, construction, rehabilitation and improvement of property, including real and personal property, to be used as, or as a part of, a manufacturing facility (the "Project") to be used in the manufacturing of plastic bags. I have spoken with Doug Nuttall of Crown Poly and he is aware that the funds must be expended on one or more of the following addresses: 5500 Alameda St., Vernon, CA, 3015 E. 25tn St., Vernon, CA, 3136 Washington Blvd., Vernon, CA, 3170 Washington Blvd., Vernon, CA, 3200 Washington Blvd., Vernon, CA, 3240 Washington Blvd., Vernon, CA, 3250 Washington Blvd., Vernon, CA, 3270 Washington Blvd., Vernon, CA, 3375 Slauson Ave., Vernon, CA, 4400-4444 Pacific Blvd., Vernon, CA, 5600 Alameda St., Vernon, CA, 4160 Bandini Blvd., Vernon, CA, 4415 Bandini Blvd., Vernon, CA, 4505 Bandini Blvd., Vernon, CA, 4651 Bandini Blvd., Vernon CA, 3301 Vernon Ave., Vernon, CA, and 5706 Bickett St., Huntington Park, CA. YF A - If any portion of the funds are spent on a location other than listed above, the interest on the obligations will become taxable and subject to audit. Doug Nuttall is aware of the restrictions and possible penalties of these funds and he has informed me that they will accept the penalties if they cannot negotiate on one of the sites as listed above. I have also informed Mr. Nuttall that the City of Vernon/Redevelopment Agency is not required to or shall be responsible in assisting Crown Poly to secure a site for their proposed expansion. As stated in the Notice of Public Hearing, the Obligations will be paid entirely from repayments by the Borrower (Crown Poly) under the Loan Agreement. Neither the faith and credit nor any taxing power of the City of Vernon, the Issuer, the State of California (the "State") or any other political corporation, subdivision or agency of the State is pledged to the payment of the principal of or premium, if any, or interest on the Obligations, nor shall the City of Vernon, the State or any other political corporation, subdivision or agency of the State be liable or obligated to pay the principal of or premium, if any, or interest on the Obligations. Cc: Ebrahim Simhaee C:\CrownPo1y\Use0fFundsCPo1y NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that at 4:45 p.m. on December 12, 2000, at the City Council Chambers, 4305 Santa Fe Avenue, Vernon, California, the City Council of the City of Vernon, California (the "City"), will conduct a public hearing concerning a plan of finance of California Statewide Communities Development Authority (the "Issuer") consisting of the issuance and sale of notes, bonds or any other evidence of indebtedness (the "Obligations") in an aggregate principal amount not expected to exceed $9,000,000. Proceeds of the Obligations are to be loaned to Crown Poly, Inc. or an affiliate (the "Borrower") pursuant to a Loan Agreement to provide for the acquisition, construction, rehabilitation and improvement of property, including real and personal property, to be used as, or as a part of, a manufacturing facility (the "Project") to be used in the manufacturing of plastic bags. The Project will be located at one or more of the following addresses: 5500 Alameda St., Vernon, CA, 3015 E. 25t' St., Vernon, CA, 3136 Washington Blvd., Vernon, CA, 3170 Washington Blvd., Vernon, CA, 3200 Washington Blvd., Vernon, CA, 3240 Washington Blvd., Vernon, CA, 3250 Washington Blvd., Vernon, CA, 3270 Washington Blvd., Vernon, CA, 3375 Slauson Ave., Vernon, CA, 4400-4444 Pacific Blvd., Vernon, CA, 5600 Alameda St., Vernon, CA, 4160 Bandini Blvd., Vernon, CA, 4415 Bandini Blvd., Vernon, CA, 4505 Bandini Blvd., Vernon, CA, 4651 Bandini Blvd., Vernon CA, 3301 Vernon Ave., Vernon, CA, and 5706 Bickett St., Huntington Park, CA, and will be owned by the Borrower. The Obligations will be paid entirely from repayments by the Borrower under the Loan Agreement. Neither the faith and credit nor any taxing power of the City, the Issuer, the State of California (the "State") or any other political corporation, subdivision, or agency of the State is pledged to the payment of the principal of or premium, if any, or interest on the Obligations, nor shall the City, the State or any other political corporation, subdivision or agency of the State be liable or obligated to pay the principal of or premium, if any, or interest on the Obligations. The public hearing is intended to comply with the public approval requirements of Section 147(f) of the Internal Revenue Code of 1986. Those wishing to comment on the proposed nature and location of the Project and the financing of the Project with the proceeds of the Obligations may either appear in person at the time and place indicated above or submit written comments, which must be received prior to the public hearing, to the City c/o Bruce V. Malkenhorst, City Administrator/City Clerk, at the address indicated above. Dated: November 28, 2000 BRUCE V. MALKENHORST City Clerk, of the City of Vernon DEC, 5.2000 6:06PM GILMORE & BELL P,C, 816-221-1018 NO, 1588 P. 1/2 Gilmore & Bell ST. LOUIS OFFICE A PROFESSIONAL CORPORATION WICHITA OFFICE ATTORNEYS AT LAW ONE METROPOLITAN SQUARE 2405 GRAND BOULEVARD ONE MAIN PLACE SUITE 2350 SUITE 1100 SUITE 600 ST. LOUIS, MISSOURI 63102 KANSAS CITY, MISSOURI 64108 WICHITA, KS 67202 314-436-1000 816-221-1000 316-267-2091 FACSIMILE: 314-436-1166 FACSIMILE: 816-221-1018 FACSIMILE: 316-262-6523 FACSIMILE COVER SHEET RECIPIENT COMPANY/FIRM TELECOPIER # Chris Romero Ci of Vernon 1-323-581-7924 NAME OF ISSUE: Crown Poly, Inc. SENDER: NO. OF PAGES: Janelle Jackson (with cover page) Janelle Jackson FILE NO. DATE: 12-5-00 COMMENTS: Affidavit of ublication of Notice of Public HearinU for 12/12 meeting. Thanks. THE INFORMATION/MATERIALS ENCLOSED WITH THIS FACSIMILE ARE PRIVILEGED AND CONFIDENTIAL, ARE THE PROPERTY OF THE SENDER AND ARE INTENDED ONLY FOR THE USE OF THE INDIVIDUALS? OR ENTITY(IES) NAMED ABOVE, BE ADVISED THAT IF YOU ARE NOT THE INTENDED RECIPIENT, ANY UNAUTHORIZED DISCLOSURE, COPYING, DISTRIBUTION OR THE TAKING OF ANY ACTION IN RELIANCE UPON THE CONTENTS OF THIS TRANSMISSION IS STRICTLY PROHIBITED. IF YOU RECEIVED THIS FACSIMILE TRANSMISSION IN ERROR, PLEASE CONTACT THE SENDER IMMEDIATELY AT THE ABOVE PHONE NUMBER TO ARRANGE FOR RETURN OF THE FORWARDED DOCUMENTS. DEC. 5. 2000 6; 06PM GILMORE & BELT, P, C, 816-221-1018 NO. 1588 P. 2/2 n a. DECLARATION OF PUBLICATION STATE OF CALIFORNIA COUNTY OF LOS ANGELES JANELLE JACKSON GILMORE & BELL 2405 GRAND BLVD STE 1100 KANSAS CITY MO 64108-2521 NOVICE OF PUBLIC HEARING HEARING/CLOSE/SALE DATE: 12/12/00 The undersigned says: I aryl over the age of 18 years and a citizen of the United States, I am not a party to and have no interest in this matter. I am a principal clerk of the METROPOLI- TAN NEWS-ENTERPRISF, a newspaper of general circulation in the City of Los Angeles, the Judicial Dis- trict of Los Angeles, the County of Los Angeles, and the State of California. as adjudicated in Los Angeles Supe- rior Court Case No. 601165. The notice, a printed copy of which appears hereon, was published on the following date(s): Nov 28. 2000 I declare under penalty of perjury that the foregoing is true and correct. Executed at Los Angeles, California on 11/28/00. 'T_ signature METROPOLITAN NEWS -ENTERPRISE 210 S. Spring St. Los Angeles, CA 90012 Phone: 213-34(>-0033 Fax: 213-687-3886 Cust. Num.: 001349 Control Num.: 591910 Cust. Ref. Num.: CROWN POLY I�NIIIAb�iI�f�NN��II� NOTICE OF PUBLIC HEARM1faI NOTICE 18 HEROV GIVEN that ■t 4:45 pp m, on O tsember 12, 2000, at the C, Coursed Chambers, 4905 SWAM Fe M=e, Verlwr, Cofrfomia, the M Gourell of the C* d Vemar. CelNamle sttruide Comnntrnibef OMelopment Arahbrity dl� '1aWuerj et ma Other a .1, 11 f at aneq��nree `OANdoran In an aoarempe Ddrlaiael a_ antb a to CroraJ+nl y: ea. «n idtierr, taratnrcllm, MablNmlbn and . and penertal ptopeq, le be - ■plea. poll UP, . fed am Of pf�Lb al O�Y � p p�wpl be eat .e ebb or at uwuw� bad 1�r.V wr, CA' a2oo weNt4rpen.'1B►a-.. Vbroera �l wsulrrFPW-I sae , vw�tt cro p VYwYxn�Rla Bbt, , ltraa►; CO. VJaaMitpmrt Bat, t/ilrabn, Cal,- �$ WWI�r�trlark �I BepolnF• 9Nd. V � , 8errdld ttireal YeawAWL. V - eadrely re Cal �"W*da.d,W=atYlht.rlea ed'dam pritop i of apt It any, or Ir4WM on the Obllyayop�s,rrandl Ids city. tub sum of any Oaror oaAtlael as opr ham, subdlrrieion or eperwy 4 the Bub be )lable «abdyeud eb ppa�yy the pllOpel o1 Or premium, d wry, or MOM an IhO Oblipa. Irons, The public headnp Is I Id to oanply with Ste bpno reQuiw- menh of Seel i 1470 Mroemel R (bde,Cf SHOE. ~ appear In pwwh dt the tote and pubs Indieaw MLere or submd wrilua ownmada. whbli rr to he Ciwp� e to late push: flea to the ereewe V. MYlltepgqpp� Aidmi Clerk, atdr.ddwe waled &we. Ovwi: November 2t3,200M BRUCE V. MALKENHORSr City CWk chhe City of Yemen CN501 G Nak zE 2otlo IIN�IIMt[t[ nnnada[ftllutlu Page I of I F9 u - - —. - - -- _. ,—.-.- I CITY COUNCIL LEONIS C. MALB Mayor THOMAS A. YBARRA Mayor Pro-Tem WM. "BILL" DAVIS Councilman H. "LARRY" GONZALES Councilman W. MICHAEL MCCORMICK Councilman BRUCE V. MALKENHORST City Administrator / City Clerk FAX (323) 581-7924 City Council City of Vernon Honorable Members: e1EDUARDO OLIVO City Attorney :(562)927-8722 KEVIN WILSON Dire for of Community Services & Water FAX: (323) 588-2761 CITY HALL 4305 SANTA FE AVENUE, VERNON, CALIFORNIA 90058 TELEPHONE (323) 583-8811 November 13, 2000 KENNETH J. DeDARIO Director of Municipal Utilities FAX: (323) 583-1983 DAVE TELFORD Fire Chief FAX: (323) 581-1385 BRUCE W. OLSON Police Chief FAX: (323) 583-5236 Crown Poly, Inc. (CPI), a manufacturer of plastic bags, located at 4160 Bandini Boulevard is requesting Equipment Only Purchase Program (EOPP) financing. CPI is planning to expand its operation and spend $1.5 million in new manufacturing equipment at a tax-exempt rate for the year 2000, and in 2001 they are forecasting to construct a $7.5 million manufacturing facility. Funding is available through The California Communities, a public agency; however, the transaction cannot be funded before November 28, 2000. California Statewide Communities Development Authority (CSCDA) will assist California Communities with providing the funds of $9 million. There would be no cost to the City and it is hereby recommended to support CSCDA in the "tax-exempt obligations" funding not to exceed $9 million to CPI for equipment and the construction of the new facility. Very truly yours, Bruce V. Malkenhorst City Administrator/City Clerk BVM/ng �'NOV. 13, 2000 9:12AM , GILMORE & BELL P.C. 816-221-1018 NO.0986 P. 1/2 Gilmore & Berl ST. LOUIS OFFICE A PROFESSIONAL CORPORATION WICHITA OFFICE ATTORNEYS AT LAW ONE METROPOLITAN SQUARE 2405 GRAND BOULEVARD ONE MAIN PLACE SUITE 2350 SUITE 1100 SUITE 800 ST. LOUIS, MISSOURI 63102 KANSAS CITY, MISSOURI 64108 WICHITA, KS 67202 314-436-1000 816-221.1000 316-267.2091 FACSIMILE:314.436-1166 FACSIMILE: 816-221-1018 FACSIMILE: 316-262-6523 FACSIMILE COVER SHEET RECIPIENT COMPANY/FIRM 1 Chris Romero I City of Vernon 1-323-I NAME OF ISSUE: Crown Poly, inc. SENDER: Janelle Jackson FILE NO. NO. OF PAGES: (with cover page) OPERATOR: Janelle Jackson DATE: 11-13-00 COMMENTS: Attidevit of Pubecation of N ice of Public Hearing. Thanks. a THE INFORMATION/MATERIALS ENCLOSED WITH THIS FACSIMILE ARE PRIVILEGED AND CONFIDENTIAL, ARE THE PROPERTY OF THE SENDER AND ARE INTENDED ONLY FOR THE USE OF THE INDNIDUAL(S) OR ENTITY(IES) NAMED ABOVE. BE ADVISED THAT IF YOU ARE NOT THE INTENDED RECIPIENT, ANY UNAUTHORIZED DISCLOSURE, COPYING, DISTRIBUTION OR THE TAKING OF ANY ACTION IN RELIANCE UPON THE CONTENTS OF THIS TRANSMISSION IS STRICTLY PROHIBITED. 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