HomeMy WebLinkAbout2009-11-10 RDA Agenda Page 1 of 3
CITY OF LAKE ELSINORE
REDEVELOPMENT AGENCY AGENDA
THOMAS BUCKLEY, CHAIRMAN VWWV.LAKE- ELSINORE.ORG
AMY BHUTTA, VICE -CHAIR (951) 674 -3124 PHONE
DARYL HICKMAN, AGENCYMEMBER (951) 674 -2392 FAX
ROBERT MAGEE, AGENCYMEMBER LAKE ELSINORE CULTURAL CENTER
MELISSA MELENDEZ, AGENCYMEMBER 183 NORTH MAIN STREET
ROBERT BRADY, EXECUTIVE DIRECTOR LAKE ELSINORE, CA 92530
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TUESDAY, NOVEMBER 10, 2009 STUDY SESSION AT 4:00 P.M.
CLOSED SESSION AT 5:00 P.M.
PUBLIC SESSION AT 7:00 P.M.
CALL TO ORDER - 5:00 P.M.
ROLL CALL
CLOSED SESSION
1) CONFERENCE WITH LEGAL COUNSEL -- ANTICIPATED LITIGATION
Initiation of litigation pursuant to subdivision (c) of Gov't Code
Section 54956.9: 1 case
CALL BACK TO ORDER - 7:00 P.M.
ROLL CALL
CLOSED SESSION REPORT
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)
Lake Elsinore Redevelopment Agency Agenda
Regular Meeting of November 10, 2009
Page 2 of 3
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
Board member or any member of the public requests separate action on a
specific item)
(2) Warrant List Dated October 29, 2009
Recommendation: Authorize payment of Warrant List dated
October 29, 2009.
(3) Amendment to Professional Service Agreement with Francisco &
Associates
Recommendation: That the Agency Board approve the First Amendment
to the Agreement with Francisco & Associates for Professional Services
and authorize the Executive Director to execute the Amendment in such
final form as approved by Agency Counsel.
PUBLIC HEARING(S)
None.
BUSINESS ITEM(S)
(4) A Resolution of the Redevelopment Agency of the City of Lake Elsinore
Approving the Issuance of Lake Elsinore Public Financing Authority Tax
Allocation Revenue Bonds (1999 Series C Refunding), 2009 Series A, in
the Aggregate Principal Amount not to Exceed $ 16,000,000; Approving a
Bond Purchase Contract, Loan Agreements, a Continuing Disclosure
Agreement and a Preliminary Official Statement; and Authorizing the
taking of Certain other Actions Related Thereto
Recommendation: Staff recommends that the Authority / City / Agency
approve the attached Resolutions and execute the necessary documents
to issue bonds in an amount not to exceed $ 16 million to refinance the
Authority's 1999C Bonds.
Lake Elsinore Redevelopment Agency Agenda
Regular Meeting of November 10, 2009
Page 3 of 3
REDEVELOPMENT AGENCY RESOLUTION
A Resolution of The Redevelopment Agency of The City of Lake Elsinore
approving the issuance of Lake Elsinore Public Financing Authority Tax
Allocation Revenue Bonds (1999 Series C Refunding), 2009 Series A, in
the Aggregate Principal Amount Not to Exceed $16,000,000; approving a
Bond Purchase Contract, Loan Agreements, a Continuing Disclosure
Agreement and a Preliminary Official Statement; and authorizing the
taking of certain other actions related thereto
PUBLIC COMMENTS — NON - 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)
EXECUTIVE DIRECTOR COMMENTS
LEGAL COUNSEL COMMENTS
BOARDMEMBER(S) COMMENTS
ADJOURNMENT
The Redevelopment Agency of the City of Lake Elsinore will adjourn to a regular
meeting to be held on Tuesday, November 24, 2009, at 5:00 p.m. in the Cultural
Center located at 183 N. Main Street, Lake Elsinore, CA 92530.
AFFIDAVIT OF POSTING
I, DEBORA THOMSEN, Agency Secretary of the City of Lake Elsinore, do
hereby affirm that a copy of the foregoing Agenda was posted at City Hall,
72 hours in advance of this meeting.
Debora Thomsen
Debora Thomsen, CMC
Redevelopment Agency Secretary
City of Lake Elsinore, California