HomeMy WebLinkAbout072203 TPFA Minutes2
MINUTES OF A REGULAR MEETING
OF THE TEMECULA PUBLIC FINANCING AUTHORITY
JULY 22, 2003
A regular meeting of the City of Temecula Public Financing Authority was called to order at
7:35 P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula.
ROLL CALL
PRESENT: 5 AGENCY MEMBERS: Comerchero, Naggar, Pratt,
Roberts, and Stone
ABSENT: 0 AGENCY MEMBER: None
Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones.
PUBLIC COMMENTS
No input.
CONSENT CALENDAR
1 Minutes
RECOMMENDATION:
1.1 Approve the minutes of July 8, 2003.
MOTION: Agency Member Comerchero moved to approve Consent Calendar Item No. 1. The
motion was seconded by Agency Member Naggar and voice vote reflected unanimous approval.
PUBLIC HEARING
Abandonment of Prior Proceedinq and Formation of New Community Facilities District -
Wolf Creek
(Continued from July 8, 2003)
RECOMMENDATION:
2.1 .Adopt a resolution entitled:
RESOLUTION NO. TPFA 03-15
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY OF
ABANDONMENT OF PROCEEDINGS TO FORM THE
COMMUNITY FACILITIES DISTRICT NO. 01-3 (WOLF CREEK)
2.2 Adopt a resolution entitled:
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RESOLUTION NO. TPFA 03-15
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY DECLARING
ITS INTENTION TO ESTABLISH A COMMUNITY FACILKITIES
DISTRICT AND TO AUTHORIZE THE LEVY OF SPECIAL
TAXES THEREIN - WOLF CREEK 03-03
2.3 Adopt a resolution entitled:
RESOLUTION NO. TPFA 03-16
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY DECLARING
ITS INTENTION TO INCUR BONDED INDEBTEDNESS OF THE
PROPOSED TEMECULA PUBLIC FINANVClNG AUTHORITY
COMMUNITY FACILITIES DISTRICT NO. 03-03
The public hearing remained open from the previous meeting. Hearing no requests to
speak, Chairman Jeff Stone closed the public hearing at 7:37 P.M.
MOTION: Authority Member Naggar moved to approve staff recommendation on Items 2.1,2.2,
and 2.3. The motion was seconded by Authority Member Comerchero and voice vote reflected
unanimous approval.
ATTEST:
[SEAL]
EXECUTIVE DIRECTOR'S REPORT
No comment.
BOARD OF DIRECTORS' REPORTS
No comments.
ADJOURNMENT
At 7:38 P.M., the Temecula Public Financing Authority meeting was formally adjourned.
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