Title
HEARING - Consider recommendations regarding the Clerk Recorder Assessor Election Division Consolidation Project No. 8685 Approval of Plans and Specifications, CEQA Exemption, Authorization to Bid, and Financing, as follows: (EST. TIME: 30 MIN.)
a) Approve the plans and specifications for the maintenance and alterations to the County building J02030 commonly known as the “Calle Real Veteran’s Clinic” for County Elections, Project 8685;
b) Approve the Categorical Exemption pursuant to the County’s California Environmental Quality Act (CEQA) guidelines for the maintenance and alterations to the Calle Real Veteran’s Clinic for County Elections, Project 8685;
c) Authorize the Director of General Services to advertise for construction bids for the maintenance and alterations to the Calle Real Veteran’s Clinic for County Elections, Project 8685;
d) Approve a private placement financing for Phase II using the California Community Joint Powers Authority (CaLease) in an amount not to exceed $1.6 million, for a term no greater than 10 years, with an annual maximum interest rate of 5.28%;
e) Adopt a Resolution authorizing the County of Santa Barbara to enter into a Lease and Leaseback Agreement in a form substantially similar to that provided herewith, with the County as Lessee, and CaLease Public Funding Corporation as Lessor, with respect to the Lease and Leaseback of a Building to be Renovated and Used by the Clerk-Recorder-Assessor; and an Escrow Agreement among CaLease Public Funding Corporation, the County of Santa Barbara, and the Escrow Agent named therein; and a Tax Compliance Agreement among CaLease Public Funding Corporation, the County of Santa Barbara, and the Escrow Agent named therein;
f) Direct the County Treasurer-Tax Collector, County Auditor-Controller, County Counsel, and General Services to proceed with all actions necessary to execute the Lease and Leaseback Agreement, and other related documents; and
g) Authorize the Treasurer - Tax Co...
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