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HomeMy WebLinkAbout120704 TPFA Minutes I I I MINUTES OF AN ADJOURNED REGULAR MEETING OF THE TEMECULA PUBLIC FINANCING AUTHORITY DECEMBER 7, 2004 An adjourned regular meeting of the City of Temecula Public Financing Authority was called to order at 8:12 P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula. ROLL CALL PRESENT: 5 AUTHORITY MEMBERS: Comerchero, Roberts, Stone, Washington, and Naggar ABSENT: 0 AUTHORITY MEMBER: None 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 23, 2004 MOTION: Authority Member Stone moved to approve Consent Calendar Item No.1. The motion was seconded by Authority Member Roberts and electronic vote reflected unanimous approval. PUBLIC HEARING 2 Public Hearinas reaardina formation of Communitv Facilities District No. 03-02 (Rorioauah Ranch) RECOMMENDATION: 2.1 Adopt a resolution entitled: RESOLUTION NO. TPFA 04-11 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY MAKING FINDINGS OF COMPLEXITY OF PROPOSED COMMUNITY FACILITIES DISTRICT NO. 03.02 (RORIPAUGH RANCH) Finance Director Roberts reviewed the staff report (as per agenda material), commenting on the recommended continuance of this public hearing to January 11, 2005. R:\Minutes.tpfa\120704 I MOTION: Authority Member Comerchero moved to approve the staff recommendation. The motion was seconded by Authority Member Stone and electronic vote reflected unanimous approval. EXECUTIVE DIRECTOR'S REPORT No comment. BOARD OF DIRECTORS' REPORTS No comments. ADJOURNMENT At 8:15 P.M., the Temecula Public Financing Authority meeting was formally adjourned. ~~-~ Michael S. Naggar, Chairman I ~FEST: I R:\Minutes.tpfa\120704