HomeMy WebLinkAbout03262024 TPFA Action MinutesACTION MINUTES
TEMECULA PUBLIC FINANCING AUTHORITY MEETING
COUNCIL CHAMBERS
41000 MAIN STREET
TEMECULA, CALIFORNIA
MARCH 26, 2024
CALL TO ORDER at 7:45 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 Alexander, Second by Kalfus. The vote
reflected unanimous approval.
11. Approve Action Minutes of March 12, 2024
Recommendation: That the Board of Directors approve action minutes of March 12,
2024.
TPFA BUSINESS
12. Approve Formation of Temecula Public Financing, Authority Community Facilities
District No. 23-01 (Altair)
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. 23-01 (Altair) (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 resolutions entitled:
RESOLUTION NO. TPFA 2024-10
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY OF
FORMATION OF TEMECULA PUBLIC FINANCING
AUTHORITY COMMUNITY FACILITIES DISTRICT NO.
23-01 (ALTAIR)
RESOLUTION NO. TPFA 2024-11
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.23-01
(ALTAIR)
RESOLUTION NO. TPFA 2024-12
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY CALLING
SPECIAL ELECTION WITHIN IMPROVEMENT AREA NO. 1
OF COMMUNITY FACILITIES DISTRICT NO. 23-01
(ALTAIR)
Approved the Staff Recommendation (4-0): Motion by Kalfus, Second by Alexander. The
vote reflected unanimous approval.
2. That the Board hold a mail ballot election regarding the CFD,
and adopt the resolution entitled:
RESOLUTION NO. TPFA 2024-13
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 - IMPROVEMENT AREA NO. 1 OF COMMUNITY
FACILITIES DISTRICT NO.23-01 (ALTAIR)
Approved the Staff Recommendation (4-0): Motion by Kalfus, Second by Alexander. The
vote reflected unanimous approval.
3.That the Board introduce and have the first reading of the
ordinance entitled:
ORDINANCE NO. TPFA 2024-02
AN ORDINANCE OF THE TEMECULA PUBLIC FINANCING
AUTHORITY LEVYING SPECIAL TAXES WITHIN
TEMECULA PUBLIC FINANCING AUTHORITY
COMMUNITY FACILITIES DISTRICT NO. 23-01 (ALTAIR)
Approved the Staff Recommendation (4-0): Motion by Kalfus, Second by Alexander. The
vote reflected unanimous approval.
2
TPFA EXECUTIVE DIRECTOR REPORT
TPFA BOARD OF DIRECTORS REPORTS
TPFA ADJOURNMENT
At 7:56 PM, the Temecula Public Financing Authority meeting was formally adjourned to
Tuesday, April 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.
James Stewart, Chair
ATT T-
3
'fan&4eh , Secretary
[SEAL]
1
E