HomeMy WebLinkAbout102516 TPFA Action Minutes ACTION MINUTES
October 25, 2016
City Council Chambers, 41000 Main Street, Temecula, California
TEMECULA PUBLIC FINANCING AUTHORITY MEETING
The Temecula Public Financing Authority Meeting convened at 7:53 PM
CALL TO ORDER: Chairperson Mike Naggar
ROLL CALL: DIRECTORS: Comerchero (absent), Edwards, McCracken, Rahn,
Naggar
TPFA PUBLIC COMMENTS (None)
TPFA CONSENT CALENDAR
13 _Approve the Action Minutes of October 11, 2016 — Approved Staff Recommendation
(4-0, Director Comerchero absent) Director Edwards made the motion; it was
seconded by Director McCracken; and electronic vote reflected approval by
Directors Edwards, McCracken, Rahn and Naggar with Director Comerchero
absent.
RECOMMENDATION:
13.1 That the Board of Directors approve the action minutes of October 11, 2016.
TPFA BUSINESS
• Ms. Miller addressed the Authority on Item 14
14 Approve the Issuance of Special Tax Refunding Bonds for Temecula Public Financing
Authority Community Facilities District No. 01-2 (Harveston), and Community Facilities
District No. 03-1 (Crowne Hill) 2016 — Approved Staff Recommendation (4-0,
Director Comerchero absent) Director Edwards made the motion; it was seconded
by Director McCracken; and electronic vote reflected approval by Directors
Edwards, McCracken, Rahn and Naggar with Director Comerchero absent.
RECOMMENDATION:
14.1 Adopt a resolution entitled:
RESOLUTION NO. TPFA 16-15
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY AUTHORIZING
THE ISSUANCE OF SPECIAL TAX REFUNDING BONDS
RELATED TO THE TEMECULA PUBLIC FINANCING
AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 01-2
(HARVESTON), APPROVING AND DIRECTING THE
EXECUTION OF A FISCAL AGENT AGREEMENT AND
APPROVING OTHER RELATED DOCUMENTS AND ACTIONS
TPFA Action Minutes 102516 1
14.2 Adopt a resolution entitled:
RESOLUTION NO. TPFA 16-16
' A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY AUTHORIZING
THE ISSUANCE OF SPECIAL TAX REFUNDING BONDS
RELATED TO THE TEMECULA PUBLIC FINANCING
AUTHORITY COMMUNITY FACILITIES DISTRICT NO. 03-1
(CROWNE HILL), APPROVING AND DIRECTING THE
EXECUTION OF A THIRD SUPPLEMENTAL FISCAL AGENT
AGREEMENT AND APPROVING OTHER RELATED
DOCUMENTS AND ACTIONS
TPFA EXECUTIVE DIRECTOR REPORT
TPFA BOARD OF DIRECTORS REPORTS
TPFA ADJOURNMENT
At 8:09 PM, the Temecula Public Financing Authority meeting was formally adjourned to an
Adjourned Regular Meeting on Tuesday, November 15, 2016, at 5:30 PM, for a Closed Session,
with regular session commencing at 7:00 PM, City Council Chambers, 41000 Main Street,
Temecula, California.
Next regular meeting: Tuesday, December 13, 2016, at 5:30 PM, for a Closed Session, with
regular session commencing at 7:00 PM, City Council Chambers, 41000 Main Street,
Temecula, California.
yt,-A- -C�- V1/�
Michael S. Naggar, Chair
ATTE
Ra , Secretary
[SEAL]
TPFA Action Minutes 102516 2