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HomeMy WebLinkAbout02272024 TPFA/CC Action Minutes - JointJ ACTION MINUTES TEMECULA PUBLIC FINANCING AUTHORITY AND CITY COUNCIL MEETING COUNCIL CHAMBERS 41000 MAIN STREET TEMECULA, CALIFORNIA FEBRUARY 27, 2024 CALL TO ORDER at 7:17 PM: Chair James Stewart ROLL CALL: Alexander, Kalfus, Schwank, Stewart TPFA PUBLIC COMMENTS — None TPFA CONSENT CALENDAR Unless otherwise indicated below, the following pertains to all items on the Consent Calendar. Approved the Staff Recommendation (4-0): Motion by Schwank, Second by Kalf is. The vote reflected unanimous approval. 9. Approve Joint Action Minutes of February 13, 2024 Recommendation: TPFA PUBLIC HEARING That the Board of Directors approve the joint action minutes of February 13, 2024. 10. Adopt Resolutions to Form Temecula Public Financing Authority Community Facilities District No. 23-02 (Prado) Recommendation: That the Board of Directors take the following actions: 1. That the Board of Directors of the Temecula Public Financing Authority (the "Board") hold a public hearing regarding the formation of the proposed Temecula Public Financing Authority Community Facilities District No. 23-02 (Prado) (the "CFD"), the levy of special taxes in the CFD, and the issuance of bonds by the Temecula Public Financing Authority (the "Authority") for the CFD, and adopt the following resolutions entitled: RESOLUTION NO. TPFA 2024-06 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY OF FORMATION OF TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO.23-02 (PRADO), AUTHORIZING THE LEVY OF A SPECIAL TAX WITHIN THE DISTRICT, AND PRELIMINARILY ESTABLISHING AN APPROPRIATIONS LIMIT FOR THE DISTRICT RESOLUTION NO. TPFA 2024-07 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY DETERMINING THE NECESSITY TO INCUR BONDED INDEBTEDNESS OF THE TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO.23-02 (PRADO) RESOLUTION NO. TPFA 2024-08 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY CALLING SPECIAL ELECTION WITHIN COMMUNITY FACILITIES DISTRICT NO.23-02 (PRADO) Approved the Staff Recommendation (4-0): Motion by Kalfus, Second by Alexander. The vote reflected unanimous approval. 2. That the Board hold an election regarding the CFD, and adopt the resolution entitled: RESOLUTION NO. TPFA 2024-09 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY DECLARING RESULTS OF SPECIAL ELECTION AND DIRECTING RECORDING OF NOTICE OF SPECIAL TAX LIEN — COMMUNITY FACILITIES DISTRICT NO.23-02 (PRADO) Approved the Staff Recommendation (4-0): Motion by Alexander, Second by Kalfus. The vote reflected unanimous approval. 3. That the Board have the first reading of the ordinance entitled: ORDINANCE NO. TPFA 2024-01 AN ORDINANCE OF THE TEMECULA PUBLIC FINANCING AUTHORITY LEVYING SPECIAL TAXES - WITHIN TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 23-02 (PRADO) Approved the Staff Recommendation (4-0): Motion by Alexander, Second by Kalfus. The vote reflected unanimous approval. 2 TPFA EXECUTIVE DIRECTOR REPORT TPFA BOARD OF DIRECTORS REPORTS TPFA ADJOURNMENT At 7:30 PM, the Temecula Public Financing Authority meeting was formally adjourned to Tuesday, March 12, 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. James Stewart, Chair ATT 1 0 �) A�idi ecretary [SEAL] 1 1