HomeMy WebLinkAbout022806 TPFA Minutes
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MINUTES OF A REGULAR MEETING
OF THE TEMECULA PUBLIC FINANCING AUTHORITY
FEBRUARY 28, 2006
A regular meeting of the City of Temecula Public Financing Authority was called to order at 7:48
P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula.
ROLL CALL
PRESENT:
AUTHORITY MEMBERS: Edwards, Naggar, Roberts, Washington,
and Comerchero
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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
27 Minutes
RECOMMENDATION:
27.1 Approve the minutes of November 22,2005.
MOTION: Authority Member Comerchero moved to approve Consent Calendar Item No. 27.1.
Authority Member Washington seconded the motion and electronic vote reflected unanimous
aooroval.
28 Issuance of Bonds for Temecula Public Financina Authoritv Communitv Facilities District No.
03-02 (Rorioauah Ranch)
RECOMMENDATION:
28.1 Adopt a resolution entitled:
RESOLUTION NO. TPFA 06- 01
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC
FINANCING AUTHORITY AUTHORIZING THE ISSUANCE OF SPECIAL TAX
BONDS OF THE TEMECULA PUBLIC FINANCING AUTHORITY FOR ITS
COMMUNITY FACILITIES DISTRICT NO. 03-02 (RORIPAUGH RANCH),
APPROVING AND DIRECTING THE EXECUTION OF A FISCAL AGENT
AGREEMENT AND APPROVING OTHER RELATED DOCUMENTS AND
ACTIONS
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Finance Director Roberts introduced the City's Bond Attorney, Mr. Paul Thimmig, who provided
the City Council with a staff report (of written material).
At this time, the public hearing was opened and due to no speakers, it was closed.
MOTION: Authority Member Comerchero moved to approve staff recommendation. Authority
Member Washington seconded the motion and electronic vote reflected unanimous aooroval.
ADJOURNMENT
At 7:55 P.M., the Temecula Public Financing Authority Meeting was formally adjourned.
a- 'Yl
Ron Roberts, Chairman
ATTEST:
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[SEAL]
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