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HomeMy WebLinkAbout112211 TPFA Action Minutes ACTION MINUTES of November 22, 2011 City Council Chambers, 41000 Main Street, Temecula, California TEMECULA PUBLIC FINANCING AUTHORITY The Temecula Public Financing Authority convened at 8:08 P.M. CALL TO ORDER: Chair Person Ron Roberts ROLL CALL: DIRECTORS: Comerchero, Edwards, Naggar, Washington, Roberts TPFA PUBLIC COMMENTS There were no public comments. TPFA CONSENT CALENDAR 18 Action Minutes — Approved staff recommendation (5-0-0) — Agency Member Washington made the motion; it was seconded by Agency Member Comerchero; and electronic vote reflected unanimous approval. RECOMMENDATION: 18.1 Approve the action minutes of July 26, 2011. Item No. 19 was pulled from the Consent Calendar and was placed for discussion under Agency Business. AGENCY BUSINESS 19 Execution and Deliverv of Lease Financinq Documents relatinq to the Refinancinq of the 2001 COPs and 2008 COPs — Approved staff recommendation (5-0-0) — Agency Member Edwards made the motion; it was seconded by Agency Member Washington; and electronic vote reflected unanimous approval. R:\Minutes.tpfa\112211 RECOMMENDATION: 19.1 Adopt a resolution entitled: RESOLUTION NO. TPFA 11-11 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TEMECULA PUBLIC FINANCING AUTHORITY OF THE CITY OF TEMECULA APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF CERTAIN LEASE FINANCING DOCUMENTS IN CONNECTION WITH THE REFUNDING OF THE CITY OF TEMECULA CERTIFICATES OF PARTICIPATION (2001 CAPITAL IMPROVEMENT FINANCING PROJECT) AND THE CITY OF TEMECULA CERTIFICATES OF PARTICIPATION (2008 TEMECULA CIVIC CENTER FINANCING PROJECT), AND AUTHORIZING AND DIRECTING CERTAIN ACTIONS WITH RESPECT THERETO TPFA BOARD OF DIRECTORS REPORTS TPFA ADJOURNMENT At 8:10 P.M., the Temecula Public Financing Authority meeting was formally adjourned to Tuesday, December 13, 2011, at 5:30 P.M., for a Closed Session, with regular session commencing at 7:00 PM., City Council Chambers, 41000 Main Street, Temecula, California. � Ron Roberts, Chair Person ATTEST: , Susan . Jones MMC City_G erk/Agency�Sec� e� [SEAL] R:\Minutes.tpfa\112211