Economic Recovery Financing Committee

Meeting Notice and Agenda

Members of the Economic Recovery Financing Committee under Economic Recovery Bond Act Government Code Section 99050 et seq. Approved Pursuant to Proposition 57

Redwood Room
915 L Street "Capitol Place"
Sacramento, California 95814
Monday, January 28, 2008
10:30 a.m.

  1. Call to Order
  2. Roll Call:
    Arnold Schwarzenegger, Governor of California
    Bill Lockyer, State Treasurer
    John Chiang, State Controller
    Michael Genest, Director of Finance
    Dale E. Bonner, Secretary of Business, Transportation and Housing Agency
    Will Bush, Director of General Services
    Will Kempton, Director of Transportation

    [The Governor may be represented by his designee, and any of the other members may be represented by his or her deputy.]
  3. Confirmation that members have received the pre-meeting distribution of a copy of the Bagley-Keene Open Meeting Act (Article 9 of Chapter 1 of Part 1 of Division 3 of Title 2 of the Government Code, Section 11120 et seq.) to Members of the Committee, pursuant to Section 111219 of the Government Code.  [Information Item]
  4. Consideration of Minutes of the Meeting of November 17, 2006.
  5. Consideration of Resolution 2008-01, entitled: A Resolution of the California Economic Recovery Financing Committee authorizing the issuance and sale of one or more series of State of California Economic Recovery Bonds, for the purposes of the California Economic Recovery Bond Act, in an amount not to exceed $4,103,920,000, and authorizing the issuance and sale of notes issued in anticipation of the issuance of such bonds in an aggregate principal amount not to exceed $4,103,920,000, provided in each case that the net proceeds of the sale of such bonds or notes which are transferred to the State General Fund may not exceed $3,313,000,000.
  6. Public comment.
  7. Adjournment.

There will be an opportunity for public comment at the end of each action item, prior to any action thereon.

Note: Any item designated as an "Information Item" is appropriate for Committee action if the Committee chooses to take action. Agenda items may be taken out of order.

The Economic Recovery Financing Committee complies with the Americans with Disabilities Act (ADA) by ensuring that the meeting facilities are accessible to persons with disabilities, and providing this notice and information given to the Members of the Economic Recovery Financing Committee in appropriate alternative formats when requested. If you need further assistance, including disability-related modifications or accommodations, you may contact the Committee no later than the day prior to the meeting at (916) 445-9694, and Telecommunications Device for the Deaf (TDD) services at (916) 324-6547.

Questions or requests for additional information prior to the Committee meeting may be referred to Brian Dewey, California Department of Finance, 915 L Street, Sacramento, California 95814, telephone: (916) 445-9694. This meeting agenda is also available on the Department of Finance website.