HomeMy WebLinkAbout01-02 TPFA ResolutionRESOLUTION NO. TPFA 01-02
A RESOLUTION OF THE TEMECULA PUBLIC FINANCING
AUTHORITY ADOPTING LOCAL GOALS AND POLICIES FOR
COMMUNITY FACILITIES DISTRICTS
WHEREAS, Section 53312.7(a) of the California Government Code requires that the
Board of Directors of the Temecula Public Financing Authority (the "Authority") consider and
adopt local goals and policies for community facilities districts ("CFDs") prior to the initiation of
proceedings by the Authority to establish a CFD under the provisions of Chapter 2.5 of Part I of
Division 2 of Title 5 of the California Government Code (the "Act"); and
WHEREAS, this Board of Directors intends to consider the establishment of a CFD
related to the financing of public improvements in the Roripaugh Ranch area, and desires at
this time to adopt local goals and policies for CFDs so that it may commence proceedings for
establishing a community facilities district to finance public improvements in such area; and
WHEREAS, Authority staff has caused to be prepared a draft of goals and policies for
CFDs of the Authority (the "Goals and Policies"), the form of which is on file with the Secretary,
and this Board of Directors has duly considered said Goals and Policies.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the Temecula
Public Financing Authority that the Goals and Policies, in the form on file with the Secretary, are
hereby adopted as the local goals and policies of the Authority for CFDs, and are intended to
meet the requirements of Section 53312.7(a) of the Act.
PASSED, APPROVED AND ADOPTED, by the Board of Directors of the Temecula
Public Financing Authority at a meeting held on the 24th day of April, 2001.
*'~'Jeff Comerchero, Chairperson
ATTEST:
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STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan Jones, Secretary of the Temecula Public Financing Authority, HEREBY DO
CERTIFY that the foregoing Resolution No. TPFA 01-02 was duly adopted at a regular meeting
of the Board of Directors of the Temecula Public Financing Authority on the 24th day of April,
2001, by the following vote:
AYES: 5
BOARDMEMBERS: Naggar, Pratt, Roberts, Stone, Comerchero
NOES: 0
BOARDMEMBERS: None
ABSENT: 0
BOARDMEMBERS: None
Susan ~. Jones, CMC
Auth~tary/City Clerk
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