HomeMy WebLinkAbout111406 TPFA Minutes
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MINUTES OF A REGULAR MEETING
OF THE TEMECULA PUBLIC FINANCING AUTHORITY
NOVEMBER 14, 2006
A regular meeting of the City of Temecula Public Financing Authority was called to order at
10:02 p.m., in the City Council Chambers, 43200 Business Park Drive, Temecula.
ROLLCALL
PRESENT:
5
AUTHORITY MEMBERS: Edwards, Naggar, Roberts,
Washington, and Comerchero
ABSENT:
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AUTHORITY MEMBER: None
Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones.
PUBLIC COMMENTS
No input.
TPFA CONSENT CALENDAR
41 Minutes
RECOMMENDATION:
41.1 Approve the minutes of July 25, 2006.
MOTION: Authority Member Comerchero moved to approve the Consent Calendar. Authority
Member Washington seconded the motion and electronic vote reflected unanimous approval.
TPFA BUSINESS
42 Issuance of Two Series of Tax Allocation Bonds by the Redevelopment Aaency of the City of
Temecula for the Temecula Redevelopment Proiect NO.1
RECOMMENDATION:
42.1 Adopt a resolution entitled:
RESOLUTION NO. TPFA 06-09
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC
FINANCING AUTHORITY OF THE CITY OF TEMECULA AUTHORIZING THE
PURCHASE AND SALE OF TWO SERIES OF TAX ALLOCATION BONDS OF
THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA AND
APPROVING OTHER MATTERS RELATED THERETO
Director of Finance Roberts provided a brief staff report (of written record).
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MOTION: Authority Member Naggar moved to approve staff recommendation. Authority
Member Comerchero seconded the motion and electronic vote reflected unanimous approval.
ADJOURNMENT
At 10:04 p.m., the Temecula Public Financing Authority Meeting was formally adjourned.
c3Q1-
Ron Roberts, Chairman
ATTEST:
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