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October 25, 2011 > Hayward City Council

Hayward City Council

October 18, 2011

Consent
Amended 2002 Association of Bay Area Governments (ABAG) Lease Revenue Bonds.

Authorized City manager to negotiate and execute a lease amendment and a right-of-entry with the United States Government. The City of Hayward leases 27 acres of land to the US Government for use by the California Air National Guard (CAANG) and US Air Force. Since 2008, the CAANG has not used the site; the Army National Guard occupies three acres and will remain in situ. The CAANG will return the 24 acres to the city but is responsible for site remediation and will require access to the site for the same for approximately four years.

Accepted Annual Investment Review, adopted FY 2012 Statement of Investment Policy; extended delegation if investment authority to Director of Finance and created a Local Agency Investment Fund for the Hayward Public Financing Authority.

Mayor Michael Sweeney - Yes
Barbara Halliday - Yes
Olden Henson - Yes
Marvin Peixoto - Yes
Bill Quirk - Yes
Mark Salinas - Yes
Francisco Zermeno - Yes

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