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Home My WebLink About042396 FA MinutesMINUTES OF A MEETING OF THE OLD TOWN WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY HELD APRIL 23, 1996 A regular meeting of the Old Town Westside Community Facilities District Financing Authority was called to order at 9:52 P.M. at the Community Recreation Center, 30875 Rancho Vista Road, Temecula, California. Chairperson Patricia H. Birdsall presiding. PRESENT:5 BOARD MEMBERS: Ford, Lindemans, Roberts, Stone, Birdsall ABSENT:0 BOARD MEMBERS: None Also present were Executive Director Ronald E. Bradley, City Attorney Peter Thorson and Authority Secretary June S. Greek. PUBLIC COMMENTS None given. CONSENT CALENDAR Board Member Stone and Chairperson Birdsall abstained on Consent Calendar Item No. 1. It was moved by Board Member Lindemans, seconded by Board Member Ford to approve Consent Calendar Item No. 1. 1 . Minutes 1.1 Approve the minutes of April 9, 1996. The motion carried as follows: AYES: 3 BOARD MEMBERS: Ford, Lindemans, Roberts NOES: 0 BOARD MEMBERS: None ABSENT: 0 BOARD MEMBERS: None ABSTAIN: 2 BOARD MEMBERS: Stone, Birdsall Minutes.fa -1- RECESS Chairperson Birdsall recessed the Old Town Westside Community Facilties District Financing Authority at 9:52 PM. JOINT MEETING OF THE TEMECULA CITY COUNCIL, TEMECULA REDEVELOPMENT AGENCY AND OLD TOWN WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY 23.Financinas for Old Town Area Public Improvements and the Western B)tpass Corridx Councilmember Stone announced he would abstain due to a conflict of interest and stepped down from the podium. Finance Director Genie Roberts introduced Bond Counsel Paul Thimmig who presented the staff report. It was moved by Councilmember Roberts, seconded by Councilmember Ford to approve staff recommendation as follows: 23.1That the City Council adopt a resolution entitled: RESOLUTION NO. 96-54 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING AND AUTHORIZING AND DIRECTING THE EXECUTION AND DELIVERY OF A JOINT COMMUNITY FACILITIES AGREEMENT WITH THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY 23.2That the City Council adopt a resolution entitled: RESOLUTION NO. 96-55 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA OF ABANDONMENT OF SPECIAL ASSESSMENT PROCEEDINGS 23.3That the City Council adopt a resolution entitled: RESOLUTION NO. 96-56 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA TERMINATING THE OLD TOWN[WESTSIDE IMPROVEMENT AUTHORITY Minutes.fa -2- The motion carried as follows: AYES: 4 COUNCILMEMBERS: Birdsall, Ford, Roberts, Lindemans NOES: 0 COUNCILMEMBERS: None ABSENT: 0 COUNCILMEMBERS: None ABSTAIN: 1 COUNCILMEMBERS: Stone RECESS Mayor Lindemans called a recess to execute the Joint Community Facilities Agreement between the City and the Financing Authority at 10:00 PM. The meeting was reconvened at 1 0: 1 0 PM. 24.Financinas for Old Town Area Public Improvements and the Western Bypass Corri@ - Old Town/Westside Improvement Authority Bond Counsel Paul Thimmig presented the staff report. It was moved by Agency Member Lindemans, seconded by Agency Member Roberts to approve staff recommendation as follows: 24.1That the Redevelopment Agency adopt a resolution entitled: RESOLUTION NO. RDA 96-11 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF TEMECULA TERMINATING THE OLD TOWN/WESTSIDE IMPROVEMENT AUTHORITY The motion carried as follows: AYES: 4 AGENCY MEMBERS: Ford, Lindemans, Roberts, Birdsall NOES: 0 AGENCY MEMBERS: None ABSENT: 0 AGENCY MEMBERS: None ABSTAIN: 1 AGENCY MEMBERS: Stone 25.Financinas for Old Town Area Public Improvements and the Western Bypass Corridor Bond Counsel Paul Thimmig presented the staff report. It was moved by Board Member Lindemans, seconded by Board Member Ford to approve staff recommendations as follows: Minutes.fa -3- 25.1That the Financing Authority adopt a resolution entitled: RESOLUTION NO. FA 96-02 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY REGARDING MEETINGS, ESTABLISHING A SEAL FOR THE AUTHORITY, DIRECTING THE FILING OF A NOTICE OF FORMATION WITH THE SECRETARY OF STATE, AND ESTABLISHING THE RULES FOR ITS PROCEEDINGS 25.2That the Financing Authority adopt a resolution entitled: RESOLUTION NO. FA 96-03 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY OF ABANDONMENT OF PROCEEDINGS TO FORM THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT NO. 2 (WESTSIDE AREA PUBLIC IMPROVEMENTS) 25.3That the Financing Authority adopt a resolution entitled: RESOLUTION NO. FA 96-04 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY OF FORMATION OF OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 1 (OLD TOWN AREA PUBLIC IMPROVEMENTS)K, AUTHORIZING THE LEVY OF A SPECIAL TAX WITHIN THE DISTRICT, PRELIMINARILY ESTABLISHING AN APPROPRIATIONS LIMIT FOR THE DISTRICT AND SUBMITTING LEVY OF THE SPECIAL TAX AND THE ESTABLISHMENT OF THE APPROPRIATIONS LIMIT TO THE QUALIFIED ELECTORS OF THE DISTRICT 25.4That the Financing Authority adopt a resolution entitled: RESOLUTION NO. FA 96-05 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWNIWESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY DETERMINING THE NECESSITY TO INCUR BONDED INDEBTEDNESS WITHIN THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 1 (OLD TOWN AREA PUBLIC IMPROVEMENTS) AND SUBMITTING PROPOSITION TO THE QUALIFIED ELECTORS OF THE DISTRICT Minutes.fa -4- 25.5 That the Financing Authority adopt a resolution entitled: RESOLUTION NO. FA 96-06 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY DECLARING THE RESULTS OF SPECIAL ELECTION AND DIRECTING RECORDING OF NOTICE OF SPECIAL TAX LIEN The motion carried as follows: AYES: 4 BOARD MEMBERS: Ford, Lindemans, Roberts, Birdsall NOES: 0 BOARD MEMBERS: None ABSENT: 0 BOARD MEMBERS: None ABSTAIN: 1 BOARD MEMBERS: Stone RECESS Chairperson Birdsall called a recess at 10:21 PM to open ballots. The meeting was reconvened at 10:40 PM. City Clerk June Greek announced the ballots had been canvassed and reported the following: There were 186 qualified votes, 186 were cast, 184 voted "yes' and 2 voted it no Bond Counsel Paul Thimmig explained that the two "no" votes would be included in the district but would only be taxed if within a year, property is conveyed to Buffman. It was moved by Board Member Lindemans, seconded by Board Member Ford to approve staff recommendation 25.6 as follows: 25.6that the Financing Authority adopt a resolution entitled: RESOLUTION NO. FA 96-07 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY DECLARING RESULTS OF SPECIAL ELECTION AND DIRECTING RECORDING OF NOTICE OF SPECIAL TAX LIEN Minutes.fa -5- The motion carried as follows: AYES: 4 BOARD MEMBERS: Ford, Lindemans, Roberts, Birdsall NOES: 0 BOARD MEMBERS: None ABSENT: 0 BOARD MEMBERS: None ABSTAIN: 1 BOARD MEMBERS: Stone It was moved by Board Member Lindemans, seconded by Board Member Roberts to approve staff recommendation 25.7 as follows: 25.7Read by title only and introduce an ordinance entitled: ORDINANCE NO. FA 96-01 AN ORDINANCE OF THE BOARD OF DIRECTORS OF THE OLD TOWN[WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY LEVYING SPECIAL TAXES WITHIN THE OLD TOWN/WESTSIDE COMMUNITY FACILITIES DISTRICT FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 1 (OLD TOWN AREA PUBLIC IMPROVEMENTS) The motion carried as follows: AYES: 4 BOARD MEMBERS: Ford, Lindemans, Roberts, Birdsall NOES: 0 BOARD MEMBERS: None ABSENT: 0 BOARD MEMBERS: None ABSTAIN: 1 BOARD MEMBERS: Stone Minutes.fa -6- ADJOURNMENT It was moved by Board Member Ford, seconded by Board Member Lindemans to adjourn the Temecula Redevelopment Agency and Old Town/Westside Community Facilities District Financing Authority Meetings at 10:45 PM. The motion was unanimously carried. Patricia H. Birdsall, Chairperson ATTEST: Ju@e S)@eek, CMC, City Clerk/- Authority Secretary r:\minutes.fa\032696 -7-