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]
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