HomeMy WebLinkAbout021004 TPFA Minutes
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MINUTES OF A REGULAR MEETING
OF THE TEMECULA PUBLIC FINANCING AUTHORITY
FEBRUARY 10, 2004
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:
3
AGENCY MEMBERS:
AGENCY MEMBER:
Comerchero, Naggar, Washington
ABSENT:
2
Roberts, Stone
Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones.
PUBLIC COMMENTS
No input.
CONSENT CALENDAR
Minutes
RECOMMENDATION:
1.1
Approve the minutes of November 18, 2004; . Agency Member Washington
abstained.
1.2
Approve the minutes of November 25, 2003;
1.3
Approve the minutes of December 16, 2003.
2
Authorizina Investment of Bond Proceeds in the Local Aaencv Investment Fund (LAIF)
RECOMMENDATION:
1.1
Adopt a resolution entitled:
RESOLUTION NO. TPFA 04-01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY AUTHORIZING
INVESTMENT OF BOND PROCEEDS IN THE LOCAL AGENCY
INVESTMENT FUND
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Use of bond Proceeds to Reimburse Purchase of a Fire Truck - Proposed Community
Facilities District No. 03-02 (Roripauah Ranch)
RECOMMENDATION:
3.1
Adopt a resolution entitled:
RESOLUTION NO. TPFA 04.02
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY EXPRESSING
OFFICIAL INTENT REGARDING A CAPITAL EXPENDITURE
TO BE REIMBURSED FROM PROCEEDS OF TAX.EXEMPT
MOTION: Authority Member moved to approve Consent Calendar Items 1-3. The motion was
seconded by Authority Member Comerchero and electronic vote reflected approval with the
exception of Authority Member Washington abstaining on Item 1.1, and Agency Members
Roberts and Stone, who were absent.
EXECUTIVE DIRECTOR'S REPORT
No comment.
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BOARD OF DIRECTORS' REPORTS
No comments.
ADJOURNMENT
At 7:38 P.M., the Temecula Public Financing Authority meeting was formally adjourned.
ATTEST:
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