HomeMy WebLinkAbout12-14-2010 PFA (2)MINUTES
PUBLIC FINANCING AUTHORITY MEETING
CITY OF LAKE ELSINORE
183 NORTH MAIN STREET
LAKE ELSINORE, CA 92530
TUESDAY, DECEMBER 14, 2010
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CALL TO ORDER
Chairman Hickman called the meeting to order at 7:40 p.m.
ROLL CALL
PRESENT: CHAIRMAN HICKMAN
AGENCY MEMBER BHUTTA
AGENCY MEMBER MAGEE
AGENCY MEMBER MELENDEZ
AGENCY MEMBER TISDALE
ABSENT: None
Also present: Authority Counsel Leibold, Executive Director Brady, and Authority
Secretary Cowley.
CLOSED SESSION
There was none scheduled.
PUBLIC COMMENTS — NOWAGENDIZED ITEMS — 1 MINUTE
None
PUBLIC COMMENTS — AGENDIZED ITEMS — 3 MINUTES
1►i5TO M
CONSENT CALENDAR
(1) Approval of Public Financing Authority Minutes
Recommendation: Approve the following minute(s):
a) Regular Public Financing Authority Meeting — October 12, 2010
b) Joint City Council /Redevelopment Agency and Public Financing Authority
Meetings — October 12, 2010
Public Finance Authority Agenda Page 2 of 3
December 14, 2010
It was moved by Authority Member Melendez and seconded by Authority Member
Bhutta to approve the Consent Calendar. The motion unanimously carried by the
following vote: AYES: Authority Members: Bhutta, Magee, Melendez, Tisdale and
Chairman Hickman; NOES: None.
PUBLIC HEARING(S)
There are none.
BUSINESS ITEMS)
(2) Annual Reorganization of the Public Finance Authority of the City of Lake
Elsinore to select a Chairperson and Vice - Chairperson
Recommendation: It is recommended the Authority Board: (1) Open the floor to
nominations for the selection of a Chairperson, receive nominations, close the
nominations and conduct a roll call vote; and (2) The appointed chairperson open
the floor to nominations for the office of Vice - Chairperson, receive nominations,
close the nominations and conduct a roll call vote.
Chairman Hickman opened the floor for nominations for Chairman of the Public
Financing Authority.
Authority Member Magee nominated Chairman Hickman to serve another year as
Chairman.
There being no further nominations, Authority Secretary Cowley took a roll call vote for
the nomination of Authority Member Hickman for Chairman: AYES: Authority
Members: Bhutta, Magee, Melendez, Tisdale and Chairman Hickman; NOES: None.
Chairman Hickman opened the floor for nominations for Vice - Chairman of the Public
Financing Authority and nominated Authority Member Tisdale to serve as Vice
Chairman.
There being no further nominations, Authority Secretary Cowley took a roll call vote for
the nomination of Authority Member Tisdale for Vice - Chairman: AYES: Authority
Members: Bhutta, Magee, Melendez, Tisdale and Chairman Hickman; NOES: None.
PUBLIC COMMENTS — NON- AGENDIZED ITEMS — 3 MINUTES
None.
EXECUTIVE DIRECTOR COMMENTS
None.
LEGAL COUNSEL COMMENTS
Public Finance Authority Agenda
December 14, 2010
None.
AUTHORITY MEMBER COMMENTS
None.
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Page 3 of 3
There being no further business to come before the Public Financing Authority the
meeting adjourned at 7:44 p.m. to a regular meeting to be held on Tuesday,
January 11, 2011 at 7:00 p.m. to be held in the Cultural Center located at 183 N. Main
Street, Lake Elsinore, CA 92530.
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DARYL HICKMAN, CHAIRMAN
LAKE ELSINORE PUBLIC FINANCE AUTHORITY
0
CAROL COWLEY,' NTERIM SVRETARY
LAKE ELSINORE PUBLIC FINANCE AUTHORITY