38
Pursuant to Government Code §54957.6 to review the City Council's position and
instruct designated representatives regarding salaries, salary schedules, or
compensation paid in the form of fringe benefits of all Executive Management
employees except the City Manager, City Attorney, and City Clerk, all Management
and Confidential employees as defined by PERS, Fire Management Unit, Riverside
City Firefighters Association, Riverside Police Officers Association (Police and
Police
Supervisory
Units),
Service
Employees
International
Union
#721,
International Brotherhood of Electrical Workers #47, and Riverside Police
Administrators Association
Attachments:
3 P.M.
PUBLIC HEARINGS - Item # 39-40
Audience participation is encouraged.
Public comments are limited to 3 minutes. Press
*9 to be placed in the queue to speak when the discussion item is called.
39
Riverside New Car Dealers Association Annual Report - A Resolution of the City
Council of the City of Riverside, California, confirming the annual report of the
Riverside New Car Dealers Association, acting in its capacity as the Advisory Board
to the Auto Center Business Improvement District, and levying assessments for the
Fiscal Year beginning September 1, 2025 - Waive further reading (Finance)
(Wards 4 and 5) (5-minute presentation)
Attachments:
40
Resolution of the City Council of the City of Riverside, California, authorizing the
Issuance of Refunding Sewer Revenue Bonds of the City in an Aggregate Principal
Amount Not-to-Exceed $165,000,000 and providing the Terms and Conditions of
Such Bonds - Waive further reading - Approve Financing Team consisting of
Finance, City Attorney, Public Works, NHA Advisors, as Municipal Advisor, BofA
Securities, Inc., as Senior Underwriter and Cabrera Capital Markets as
Co-Managing Underwriter, Stradling, Yocca, Carlson & Rauth LLP., as Bond and
Disclosure Counsel, US Bank National Association as Escrow Agent & Trustee,
Standard and Poor’s and Moody’s as Rating Agencies, and Carollo as Sewer Rate
Consultant - Delegate to City’s Financing Team, at the time of Bond sale, the
determination of specific maturities to be refunded - Upon closing of 2025A
Refunding Sewer Revenue Bonds, authorize the Chief Financial Officer, or
designee, to make necessary budget adjustments and/or appropriations to properly
record refunding and financing expenses in accordance with governmental
accounting standards
-
Supplemental appropriations
-
Five affirmative votes