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HomeMy WebLinkAbout031604 TPFA Minutes MINUTES OF A REGULAR MEETING ' OF THE TEMECULA PUBLIC FINANCING AUTHORITY MARCH 16, 2004 A regular meeting of the City of Temecula Public Financing Authority was called to order at 8:18 P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula. ROLL CALL PRESENT: 5 AGENCY MEMBERS: Comerchero, Roberts, Stone, Washington, Naggar 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 February 10, 2004. 2 Revised Deposit Agreement— Proposed Rorioaugh Ranch Community Facilities District RECOMMENDATION: 2.1 Adopt a resolution entitled: RESOLUTION NO. TPFA 04-03 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY APPROVING AMENDED AND RESTATED DEPOSIT/REIMBURSEMENT AGREEMENT— RORIPAUGH RANCH MOTION: Authority Member Stone moved to approve Consent Calendar Item Nos. 1-2. The motion was seconded by Authority Member Comerchero and voice vote reflected approval with the exception of Authority Member Roberts who abstained with regard to 1.1. R:minutes.tpfa\021004 1 EXECUTIVE DIRECTOR'S REPORT ' No comment. BOARD OF DIRECTORS' REPORTS No comments. ADJOURNMENT At 8:19 P.M., the Temecula Public Financing Authority meeting was formally adjourned. ATTEST: Michael S. gg r, Chairman ' Susan Jones, CMC City Cle gency Secreta [SEAL] R:minutes.tpfa\021004 2