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HomeMy WebLinkAbout062607 TPFA Minutes D o o MINUTES OF A REGULAR MEETING OF THE TEMECULA PUBLIC FINANCING AUTHORITY June 26, 2007 A regular meeting of the City of Temecula Public Financing Authority was called to order at 7:50 p.m., in the City Council Chambers, 43200 Business Park Drive, Temecula. ROLL CALL PRESENT: 5 AUTHORITY MEMBERS: Comerchero, Edwards, Naggar, Roberts and Washington ABSENT: o AUTHORITY MEMBERS: None Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones. PUBLIC COMMENTS No input. TPFA CONSENT CALENDAR 32 Minutes RECOMMENDATION: 32.1 Approve the minutes of March 6, 2007; 32.2 Approve the minutes of May 22, 2007. MOTION: Authority Member Comerchero moved to approve the Consent Calendar. Authority Member Edwards seconded the motion and electronic vote reflected unanimous aDDroval. TPFA BUSINESS Due to a conflict of interest, Authority Comerchero stepped down from Item No. 33. 33 Communitv Facilities District No. 2003-03 (Wolf Creek) Initiation of Action Necessary to Foreclose Delinauent SDecial Tax Liens RECOMMENDATION: 33.1 Adopt a resolution entitled: R:\Minules.tpfaI062607 '0 o o RESOLUTION NO. TPFA 07-05 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY OF THE CITY OF TEMECULA DECLARING ITS INTENTION TO REMOVE DELINQUENT SPECIAL TAXES FROM THE COUNTY TAX ROLL AND ORDERING JUDICIAL FORECLOSURE PROCEEDINGS AGAINST DELINQUENT PROPERTY WITHIN COMMUNITY FACILITIES DISTRICT 03-03 (WOLF CREEK) Assistant Finance Director Simpson provided a brief staff report (of record). MOTION: Authority Member Edwards moved to approve staff recommendation. Authority Member Roberts seconded the motion and electronic vote reflected approval with the exceDtion of Authority Member Comerchero who abstained. ADJOURNMENT At 7:53 p.m., the Temecula Public Financing Authority Meeting was formally adjourned. ATTEST: [SEAL] R:\Minules.tpfa\062607 2