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HomeMy WebLinkAbout12122023 TPFA/CC Action Minutes - JointACTION MINUTES JOINT TEMECULA PUBLIC FINANCING AUTHORITY AND CITY COUNCIL MEETING COUNCIL CHAMBERS 41000 MAIN STREET TEMECULA, CALIFORNIA DECEMBER 12, 2023 COUNCIL MEMBER CURTIS BROWN TO PARTICIPATE ELECTRONICALLY VIA ZOOM FROM: SHERATON MAUI 2605 KAANAPALI PARKWAY LAHAINA, MAUI, HI 96761 CALL TO ORDER at 6:57 PM: Chair/Mayor Zak Schwank ROLL CALL: Alexander, Brown (virtual), Kalfus, Schwank, Stewart TPFA PUBLIC COMMENTS — None TPFA / COUNCIL CONSENT CALENDAR Unless otherwise indicated below, the following pertains to all items on the Consent Calendar. Approved the Staff Recommendation (5-0): Motion by Stewart, Second by Alexander. The vote reflected unanimous approval. 15. Approve Deposit/Reimbursement Agreement and Initiate Community Facilities District Formation Proceedings Related to the Prado Development Recommendation: That the City Council/Board of Directors adopt resolutions entitled: RESOLUTION NO.2023-93 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING A DEPOSIT/REIMBURSEMENT AGREEMENT - PRADO RESOLUTION NO. TPFA 2023-12 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 - PRADO TPFA/COUNCIL EXECUTIVE DIRECTOR REPORT TPFA/COUNCIL BOARD OF DIRECTORS REPORTS TPFA/COUNCIL ADJOURNMENT At 6:58 PM, the Joint Temecula Public Financing Authority and City Council meeting was formally adjourned to Tuesday, January 9, 2024 at 5:00 PM, for a Closed Session, with regular session commencing at 6:00 PM, City Council Chambers, 41000 Main Street, Temecula, California. Z-.C,z 5:4� Zak Schwank, Chair/Mayor ZT T:T T: 1, Secretary [SEAL] 1 1