NOTICE OF RESULTS
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF THE CITY OF PHOENIX, ARIZONA
BOARD OF DIRECTORS
Pursuant to A.R.S. Section 38-431.02, notice is hereby given
to the members of THE INDUSTRIAL
DEVELOPMENT AUTHORITY OF THE CITY OF
PHOENIX, ARIZONA BOARD OF DIRECTORS and to the general public, that THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF
PHOENIX, ARIZONA BOARD OF DIRECTORS held a special meeting open to the public on November
16, 2009 at 1:15 p.m. located at Calvin C. Goode Municipal
Building, 251 West Washington Street, 9th Floor, Conference Room
910, Phoenix, Arizona.
Certain agenda items, as indicated below, may be discussed
in executive session.
One or more Board Members may participate via
teleconference.
The results of the meeting were as follows:
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RESULTS
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ACCEPTED
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Call to Order
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APPROVED 1.
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Education
Revenue Bonds (Career Success Schools Project), Series 2009
Discuss
and consider final approval of the application from Career Success Schools,
or its affiliate, (the “Applicant”), for the proposed issuance of the
Authority’s Education Revenue Bonds (Career Success Schools Project), Series
2009, in one or more tax-exempt series, in an aggregate principal amount not
to exceed $12,000,000, to (i) refinance certain outstanding debt incurred by
the Applicant to pay the costs of acquiring, constructing, improving and
equipping land and buildings at its Main Campus, located at 3816 North 27th
Avenue, Phoenix, Arizona, and land and buildings at its SAGE Campus, located
at 3120 North 32nd Street, Phoenix, Arizona; and (ii) finance the costs of
acquiring, constructing, improving and equipping land and buildings that will
comprise its Washington Campus, located at 2501 East Washington Street,
Phoenix, Arizona.
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APPROVED 2.
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Single Family Mortgage Revenue Bonds, Series 2010
Discuss and consider approval of the Authority undertaking
one or more qualified Single Family Mortgage Revenue Bond Programs in 2009,
2010 or in subsequent years, and in connection therewith applying to the Treasury
Department to participate in its New Issue Bond Program. The Authority
may vote to discuss this matter in executive session as authorized by A.R.S.
§38-431.03(A)(3). Any action taken by the Board will be taken in the public
meeting after adjournment of the executive session.
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ACCEPTED
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Adjournment
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For further information, please call Mr. Juan Salgado,
Executive Director, The Industrial Development Authority of the City of
Phoenix, Arizona, at 602-262-7304.
For reasonable accommodations, call Mike Santellanes at
Voice/602-262-7644 or TTY/602-534-5500 as early as possible to coordinate
needed arrangements.
Date Posted: November 17, 2009