HomeMy WebLinkAbout051501 TPFA Minutes MINUTES OF A SPECIAL MEETING
OF THE TEMECULA PUBLIC FINANCING AUTHORITY
MAY 15, 2001
A special meeting of the City of Temecula Public Financing Authority was called to order at
3:12 P.M., in the City Council Chambers, 43200 Business Park Drive, Temecula.
ROLL CALL
PRESENT: 5 BOARD MEMBERS: Naggar, Pratt, Roberts, Stone,
Comerchero
ABSENT: 0 BOARD MEMBER: None
Also present were Executive Director Nelson, City Attorney Thorson, and City Clerk Jones.
PUBLIC COMMENTS
No input.
AUTHORITY BUSINESS
1 Actions relatinq to Acceptance of a Deposit related to proceedinq for a Community
Facilities District for Butterfleld Staqe Road
RECOMMENDATION:
1.1 That the City Council adopt a resolution entitled:
RESOLUTION NO. 01-30
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMECULA APPROVING DEPOSIT/REIMBURSEMENT
AGREEMENT
1.2 That the Authority adopt a resolution entitled:
RESOLUTION NO, TPFA 01-03
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
TEMECULA PUBLIC FINANCING AUTHORITY
ACKNOWLEDGING RECEIPT OF A DEPOSIT RELATIVE TO
THE FORMATION OF A COMMUNITY FACILITIES DISTRICT
AND AUTHORIZING AND DIRECTING ACTIONS WITH
RESPECT THERETO
Finance Director Roberts provided a brief overview of the staff report (as per agenda material).
MOTION: Councilman/Board Member Naggar moved to approve the staff recommendation.
The motion was seconded by Councilman/Board Member Pratt and voice vote reflected
approval with the exception of Councilman/Board Member Stone who was absent.
At this time, the City Council meeting was recessed.
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EXECUTIVE DIRECTOR'S REPORT
No comment.
AGENCY MEMBERS' REPORTS
No comment.
ADJOURNMENT
At 3:14 P.M., the Temecula Public Financing Authority meeting was formally adjourned.
/,/,~ ~ .,/~,,k'/.~,~ L., Jeff Comerchero, Chairman
ATTEST:
;[,SEAL]
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