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HomeMy WebLinkAbout051209 TPFA Action MinutesTEMECULA PUBLIC FINANCING AUTHORITY City Council Chambers, 43200 Business Park Drive, Temecula, California The Temecula Public Financing Authority convened at 7:38 P.M. CALL TO ORDER: Chair Person Maryann Edwards ROLL CALL: DIRECTORS TPFA PUBLIC COMMENTS There were no public comments. TPFA CONSENT CALENDAR ACTION MINUTES of MAY 12, 2009 Comerchero, Naggar, Roberts, Washington, Edwards 25.1 Minutes -Approved Staff Recommendation (5-0-0) -Agency Member Washington made the motion; it was seconded by Agency Member Roberts; and electronic vote reflected unanimous approval. RECOMMENDATION: 25.1 Approve the minutes of July 22, 2008. 26.1 Consideration of the adootion of an Amended and Restated Acauisition Aareement enabling the Citv of Temecula to construct certain Public Improvements for RoriDauah Ranch. including Butterfield Stage Road and Murrieta Hot SDrinas Road. with oroceeds of the Communitv Facilities District No. 03-02 (Rorioauah Ranch) Bonds - Approved Staff Recommendation (5-0-0) - Agency Member Washington made the motion; it was seconded by Agency Member Roberts; and electronic vote reflected unanimous approval. RECOMMENDATION: 26.1 Adopt a resolution entitled: RESOLUTION NO. TPFA 09-01 ' A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY OF THE CITY OF TEMECULA APPROVING THAT CERTAIN AGREEMENT ENTITLED "AMENDED AND RESTATED ACQUISITION AGREEMENT BY AND BETWEEN THE TEMECULA PUBLIC FINANCING AUTHORITY AND ASHBY USA, LLC" DATED AS OF MAY 12, 2009 RELATING TO COMMUNITY FACILITIES DISTRICT NO. 03-02 (RORIPAUGH RANCH) ADJOURNMENT At 7:40 p.m., the Temecula Public Financing Authority Meeting was formally adjourned. UMaryann Edwards, Chairman ATTEST: IstHLJ G