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M05-02-05 study sessionDRAFT TOWN OF LOS GATOS Council Study Session CALIFORNIA Date: 05/16/2005 TOWN COUNCIL STUDY SESSION Item#_________ May 2, 2005/MINUTES Los Gatos Civic Center 110 E. Main Street Los Gatos, CA 95030 TIME ITEM ACTION ON ITEM 5:46 PM TOWN COUNCIL The Town Council of the Town of Los Gatos met in the Council Chambers of the Town of Hall, 110 East Main Street, at 5:45 PM, May 2, 2005, in a Study session. 5:47 PM ROLL CALL All Council Members were present. 5:48 PM OPEN/CLOSE VERBAL COMMUNICATION 5:49 PM PRESENTATION EMILY WAGNER & ASSOCIATES. Emily Wagner (E. Wagner & Associates) Presentation and discussion of financing options for Capital Improvements and projects. 6:36 PM COUNCIL DISCUSSION Clarification regarding the cost of General Obligation Bonds verses Community Facilities District Special Tax Bonds. Clarification regarding allocation of bond money. Clarification regarding General Obligation Bonds being the least expensive. 6:46 PM STUDY SESSION ADJOURNED Submitted by: Attest: Jackie D. Rose, Deputy Clerk MarLyn J. Rasmussen, Clerk Administrator