Loading...
HomeMy WebLinkAbout03102020 Joint TPFA/CC Action Minutes ACTION MINUTES JOINT TEMECULA PUBLIC FINANCING AUTHORITY AND CITY COUNCIL MEETING COUNCIL CHAMBERS 41000 MAIN STREET TEMECULA,CALIFORNIA MARCH 10, 2020 CALL TO ORDER at 7:56 PM: Chairperson James Stewart ROLL CALL: Edwards, Naggar, Rahn, Schwank, Stewart TPFA AND CITY COUNCIL PUBLIC COMMENTS— None TPFA AND CITY COUNCIL CONSENT CALENDAR Unless otherwise indicated below, the following pertains to all items on the Consent Calendar. Approved the Staff Recommendation (5-0): Motion by Edwards, Second by Schwank. The vote reflected unanimous approval. 13. Approve Deposit Agreement and Initiate Community Facilities District Formation Proceedings Related to the Heirloom Farms Development Recommendation: That the City Council/Board of Directors approve the deposit agreement and initiate the Community Facilities District (CFD) formation proceedings related to the Heirloom Farms Development and adopt resolutions entitled: RESOLUTION NO. 2020-15 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING A DEPOSIT/REIMBURSEMENT AGREEMENT - HEIRLOOM FARMS RESOLUTION NO. TPFA 2020-01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY ACKNOWLEDGING RECEIPT OF A DEPOSIT RELATIVE TO THE FORMATION OF A COMMUNITY FACILITIES DISTRICT, AND AUTHORIZING AND DIRECTING ACTIONS WITH RESPECT THERETO - HEIRLOOM FARMS TPFA EXECUTIVE DIRECTOR REPORT TPFA BOARD OF DIRECTORS REPORTS TPFA ADJOURNMENT At 7:59 PM, the Temecula Public Financing Authority meeting was formally adjourned to Tuesday, March 24, 2020, at 5:30 PM, for a Closed Session, with regular session commencing at 7:00 PM, City C it Chambers,4 000 Main Street,Temecula, California. Ja tewart, Chair AT S : Rand , ecretary [SEAL] 2