HomeMy WebLinkAbout092303 TPFA Minutes MINUTES OF A REGULAR MEETING
OF THE TEMECULA PUBLIC FINANCING AUTHORITY
SEPTEMBER 23, 2003
A regular meeting of the City of Temecula Public Financing Authority was called to order at
8:13 P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula.
ROLL CALL
PRESENT: 5
AGENCY MEMBERS:
ABSENT: 0 AGENCY MEMBER: None
Comerchero, Naggar, Pratt, Roberts,
and Stone
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 August 26, 2003.
MOTION: Authority Member Naggar moved to approve Consent Calendar Item No. 1. The
motion was seconded by Authority Member Comerchero and voice vote reflected unanimous
approval.
PUBLIC HEARING
2 Formation of Community Facilities District - Wolf Creek No. 03-03
(Continued from August 26, 2003)
RECOMMENDATION:
2.1 Adopt a resolution entitled:
RESOLUTION NO. TPFA 03-18
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY MAKING
FINDINGS OF COMPLEXITY OF PROPOSED COMMUNITY
FACILITIES DISTRICT NO. 03-03 (WOLF CREEK)
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City Attorney Peter Thorson presented the staff report, stating that a continuance is once
again requested on this matter. Explaining the need for the continuance, City Attorney
Thorson stated the delay is caused by the extensive negotiations with the County of
Riverside, and in order to make the necessary findings, adoption of the resolution is
recommended.
Mayor Stone asked if any requests to speak had been filed. City Clerk Jones responded no
there were no requests to speak.
MOTION: Authority Member Naggar moved to approve staff recommendation. The motion was
seconded by Authority Member Roberts and voice vote reflected unanimous approval.
EXECUTIVE DIRECTOR'S REPORT
No comment.
BOARD OF DIRECTORS' REPORT~
No comments.
ADJOURNMENT
At 8:15 P.M., the Temecula Public Financing Authority meeting was formally adjourned.
ATTE.ST:
Chairman
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