HomeMy WebLinkAbout102203 TPFA Minutes MINUTES OF A REGULAR MEETING
OF THE TEMECULA PUBLIC FINANCING AUTHORITY
OCTOBER 22, 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.
ROLLCALL
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
CONSENT CALENDAR
I Minutes
RECOMMENDATION:
1.1 Approve the minutes of September 23, 2003.
MOTION.: Authority Member Comerchero moved to approve Consent Calendar Item No. 1.
The motion was seconded by Authority Member Naggar and voice vote reflected unanimous
approval.
RECONVENE CITY COUNCIL MEETING
JOINT CITY COUNClL/TEMECULA PUBLIC FINANCING AUTHORITY PUBLIC HEARING
2
Actions relatinq to acceptance of a Deposit and Initial Actions related to proceedinqs to
form a Community Facilities District (Harveston II) - Approve Staff Recommendation
(5-0-0) JC/MN
RECOMMENDATION:
2.1. That the City Council adopt a resolution entitled:
RESOLUTION NO. 03-156
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMECULA APPROVING DEPOSIT/REIMBURSEMENT
AGREEMENT- HARVESTON II
R:min utes.tpfa\102203 I
2.2 That the Authority adopt a resolution entitled:
RESOLUTION NO. TPFA 03-19
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 - HARVESTON II
2.3 That the Authority adopt a resolution entitled:
RESOLUTION NO. TPFA 03-20
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY DECLARING
ITS INTENTION TO ESTABLISH A COMMUNITY FACILITIES
DISTRICT AND TO AUTHORIZE THE LEVY OF SPECIAL
TAXES THEREIN - HARVESTON II
2.4 That the Authority adopt a resolution entitled:
RESOLUTION NO. TPFA 03-21
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 FINANCING AUTHORITY
COMMUNITY FACILITIES DISTRICT NO. 03-06 (HARVESTON
II)
Finance Director Roberts reviewed the staff report (of record).
MOTION: Authority Member Comerchero moved to approve staff recommendation. The
motion was seconded by Authority Member Naggar and voice vote reflected unanimous
approval.
RECESS CITY COUNCIL MEETING
EXECUTIVE DIRECTOR'S REPORT
· No comment.
BOARD OF DIRECTORS' REPORTS
No comments.
R:minutes.tpfa\102203 2
ADJOURNMENT
At 8:30 P.M., the Temecula Public Financing Authority meeting was formally adjourned.
A'I-rEST:
R:minutes.tpfa\102203 3