HomeMy WebLinkAbout022498 WHFA Minutes MINUTES OF A REGULAR MEETING
OF THE TEMECULA WINCHESTER HILLS FINANCING AUTHORITY
FEBRUARY 24, 1998
A regular meeting of the City of Temecula Winchester Hills Financing Authority was called
to order at 7:35 P.M., at the City Council Chambers, 43200 Business Park Drive, Temecula,
California. Chairman Comerchero presiding.
PRESENT: 5
AUTHORITY MEMBERS:
Ford, Undemens, Roberts, Stone,
and Comerchero.
ABSENT: 0 AUTHORITY MEMBERS: None.
Also present were Executive Director Bradley, City Attorney Thorson, and Acting City Clerk
Jones.
pIIRI I~ r-tIN!MKNT-~
None.
A! ITH~IRITY
RESOLUTION NO. WHFA 98-04
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE WINCHESTER HILLS
FINANCING AUTHORITY ESTABUSHING COMPENSATION FOR MEMBERS'
ATTENDANCE AT AUTHORITY MEETINGS
Executive Director Bradley commented on the recommendation to adopt the proposed
resolution subject to authorizing the financing of the Community Facilities District (Agenda
Item No.2), noting that s deposit has been received which will cover expenditures such as
members' compensation. It was noted, for Authority Member Unclemens, that the
compensation for the members would be retroactive to the first meeting.
Mr~TInN: Authority Member Roberts moved to adopt Resolution No. WHFA 98-04. The
motion was seconded by Authority Member Undemans and voice vote reflected unanimous
approval.
IdblUIle. WHFA10224~ I
F..~I]]~ of Winehe~ Hi#a tt-ontlm,qity F~IliIi~ ru-t~iet #,% ~t.q-1
2.1 Adopt a resolution entitled:
RESOLUTION NO. WHFA 98-05
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE WINCHESTER HILLS
FINANCING AUTHORITY OF INTENTION TO ESTABLISH A COMMUNITY
FACILITIES DISTRICT AND TO AUTHORIZE THE LEVY OF SPECIAL TAXES
PURSUANT TO THE MELLO-ROOS COMMUNITY FACILITIES ACT OF 1982
2.2 Adopt a resolution entitled:
RESOLUTION NO. WHFA 98-06
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE WINCHESTER HILLS
FINANCING AUTHORITY OF INTENTION TO INCUR BONDED INDEBTEDNESS OF
THE PROPOSED WINCHESTER HILLS FINANCING AUTHORITY COMMUNITY
FACILITIES DISTRICT NO. 98-1 (WINCHESTER HILLS) PURSUANT TO THE
MELLO-ROOS COMMUNITY FACILITIES ACT OF 1982
Executive Director Bradley reviewed the staff report, noting that it would be staff's intent to
address the initial questions with regard to the bond issues by the April 14, 1 998, City
Council/Authority meeting.
MrtTItIN: Authority Member Undemans moved to adopt Resolution No. WHFA 98-06. The
motion was seconded by Authority Member Ford and voice vote reflected unanimous
approval.
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None.
AIITHtIRITY MI:MRI:R.Ci' RI=PClRT.Ci
None.
2
An~ln! IRNMFNT
At 7:40 P.M., the Temecula Winchester Hills Financing Authority meeting was formally
adjourned to Saturday, March 14, 1998, at 10:00 A.M.
ATTEST:
5,.Usa~w. Jonel(, CMC '
A~lf'g City Cler~ rity Secretary