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HomeMy WebLinkAbout2011-01-25 PFA AgendaCITY OF LAKE ELSINORE PUBLIC FINANCING AUTHORITY DARYL HICKMAN, CHAIRMAN BRIAN TISDALE, VICE-CHAIR AMY BHUTTA, MEMBER ROBERT MAGEE, MEMBER MELISSA MELENDEZ, MEMBER ROBERT BRADY, EXECUTIVE DIRECTOR W W W.LAKE-ELSINORE.ORG (951) 674-3124 PHONE (951) 674-2392 FAX LAKE ELSINORE CULTURAL CENTER 183 NORTH MAIN STREET LAKE ELSINORE, CA 92530 TUESDAY, JANUARY 25, 2011 PUBLIC SESSION AT 7:00 P.M. CALL TO ORDER - 7:00 P.M. ROLL CALL PUBLIC COMMENTS - NON-AGENDIZED ITEMS -1 MINUTE (Please read & complete a Speaker's Form at the podium, prior to the start of the City Council Meeting.) PUBLIC COMMENTS - AGENDIZED ITEMS - 3 MINUTES (Please read & complete a Speaker's Form at the Podium, prior to the Start of the City Council Meeting. The Chairman will call on you to speak, when your item is called.) CONSENT CALENDAR (All matters on the Consent Calendar are approved on one motion, unless a Boardmember or any member of the public requests separate action on a specific item.) (1) Approval of Public Financing Authority Minutes Recommendation: Approve the following minute(s): a) Joint City Council/Redevelopment Agency and Public Financing Authority Meetings - December 14, 2010 b) Public Financing Authority Meeting - December 14, 2010 Public Financing Authority Agenda January 25, 2011 PUBLIC HEARING(S) Page 2 of 2 (2) Public Hearing - Resolution Approving the Issuance of Lake Elsinore Public Financing Authority Tax Allocation Revenue Bonds (Launch Ramp Project), 2011 Series A, In the Aggregate Principal Amount Not to Exceed $6,000,000: Approving a Bond Purchase Contract. A Project Area No. 1 Loan Agreement A Continuing Disclosure Agreement and A Preliminary Official Statement; and Authorizing the Taking of Certain Other Actions Related Thereto: (2) Resolution of the City Council of the City of Lake Elsinore. California, Making Findings Pursuant to Health and Safety Code Section 33445.1 Relating to Payment of All or Part of the Costs of the Boat Launch Project; (3) Resolution of the Redevelopment Agency of The City Council of the CitV of Lake Elsinore. California. Approving the Funding of the Boat Launch Proiect. Recommendation: It is recommended that the Public Financing Authority adopts PFA Resolution No. 2011-001 authorizing issuance of bonds and authorize bond documents. BUSINESS ITEM(S) There are none. PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 3 MINUTES EXECUTIVE DIRECTOR COMMENTS LEGAL COUNSEL COMMENTS BOARDMEMBER COMMENTS ADJOURNMENT The Chairman of the Lake Elsinore Public Financing Authority will adjourn the meeting. AFFIDAVIT OF POSTING I, DANA C. PORCHE, Office Specialist of the City of Lake Elsinore, do hereby certify that a copy of the foregoing agenda was posted at City Hall, 72 hours in advance of this meeting. Dana C Porche Dana C. Porche, Office Specialist