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HomeMy WebLinkAbout06-22-2010 PFAMINUTES PUBLIC FINANCE AUTHORITY CITY OF LAKE ELSINORE 183 NORTH MAIN STREET LAKE ELSINORE, CALIFORNIA TUESDAY, JUNE 22 2010 .L . .................................................................................T....................... CALL TO ORDER Chairman Hickman called the meeting to order at 10:00 p.m. ROLL CALL PRESENT: CHAIRMAN HICKMAN VICE-CHAIRMAN BUCKLEY AGENCY MEMBER BHUTTA AGENCY MEMBER MAGEE AGENCY MEMBER MELENDEZ ABSENT: None Also present: Agency Counsel Leibold, Executive Director Brady, and Agency Secretary Cowley. CLOSED SESSION There was none scheduled. PUBLIC COMMENTS There was none scheduled. CONSENT CALENDAR (1) Approval of Public Finance Authority Minutes Recommendation: Approve the following minutes: (a) Special Public Finance Authority Meeting - Meeting of February 23, 2010, and March 9, 2010. (b) Special Joint City Council/Public Finance Authority Meeting - February 23, 2010 and March 9, 2010. Public Finance Authority Meeting Page 2 of 2 June 22, 2010 It was moved by Agency Member Magee and seconded by Agency Member Melendez to approved item 1 under the Consent Calendar. The motion unanimously carried by the following vote: Ayes: Agency Members: Bhutta, Buckley, Magee, Melendez and Chairman Hickman. Noes: Council Members: None. Absent: None PUBLIC HEARING(S) There was none scheduled. BUSINESS ITEM(S) 2. Recommendations: It is recommended that the Public Financing Authority adopting the Resolution No. 2010-02, approving the Public Financing Authority Budget for Fiscal Year 2010-2011. It was moved by Agency Member Melendez and seconded by Vice Chairman Buckley to adopt Resolution 2010-02, approving the Public Financing Authority Budget for Fiscal year 2010-2011. The motion unanimously carried by the following vote: Ayes: Agency Members: Bhutta, Buckley, Magee, Melendez and Chairman Hickman. Noes: Council Members: None. Absent: None EXECUTIVE DIRECTOR COMMENTS There were no comments. LEGAL COUNSEL COMMENTS There were no comments. ADJOURNMENT There being no further business to come before the Public Financing Authority the meeting was adjourned at 10:06 p.m. L DA L HICKMAN, CHAIRMAN LAKE ELSINORE PUBLIC FINANCE AUTHORITY A CAROL COWLEYTINTERIM ffECRETARY LAKE ELSINORE PUBLIC FINANCE AUTHORITY