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HomeMy WebLinkAbout02232021 Joint TPFA/CC Action Minutes ACTION MINUTES JOINT TEMECULA PUBLIC FINANCING AUTHORITY AND CITY COUNCIL MEETING COUNCIL CHAMBERS 41000 MAIN STREET TEMECULA, CALIFORNIA FEBRUARY 23, 2021 CALL TO ORDER at 8:55 PM: Chair Maryann Edwards ROLL CALL: Alexander, Edwards, Rahn, Schwank, Stewart TPFA/ COUNCIL PUBLIC COMMENTS—None TPFA/ COUNCIL BUSINESS 8. Approve and Adopt Resolutions of Intention to Form CFD 20-01, Authorize the Levy of Special Taxes, Incur Bonded Indebtedness and Approve Related Documents and Agreements Recommendation: That the City Council/Board of Directors adopt the following resolutions entitled: RESOLUTION NO. TPFA 2021-01 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 - (HEIRLOOM FARMS) RESOLUTION NO. TPFA 2021-02 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. 20-01 (HEIRLOOM FARMS) RESOLUTION NO. 2021-09 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING JOINT COMMUNITY FACILITIES AGREEMENT RELATING TO THE FINANCING OF PUBLIC IMPROVEMENTS AND IMPLEMENTATION OF AN ACQUISITION AGREEMENT Approved the Staff Recommendation(5-0): Motion by Stewart, Second by Rahn.The vote reflected unanimous approval. TPFA EXECUTIVE DIRECTOR REPORT TPFA BOARD OF DIRECTORS REPORTS TPFA ADJOURNMENT At 9:11 PM, the Temecula Public Financing Authority meeting was formally adjourned to Tuesday, March 9, 2021, at 5:30 PM, for a Closed Session, with regular session commencing at 7:00 PM, City Council Chambers, 41000 Main Street, Temecula, California. MVIP�r� aryann dwa ds, Chair ATTE Randi , SecItary [SEAL] 2