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HomeMy WebLinkAbout12/13/2005 PFA Reports n CITY OF LAKE ELSINORE..... __ I" PUBLIC FINANCE AUTHORITY ROBERT MAGEE, CHAIRMAN THOMAS BUCKLEY, VICE CHAIRMAN DARYL HICKMAN, AUTHORITY MEMBER GENIE KELLEY, AUTHORITY MEMBER ROBERT SCHIFFNER, AUTHORITY MEMBER ROBERT BRADY, EXECUTIVE DIRECTOR WWW.LAKE-ELSINORE.ORG (951) 674-3124 PHONE (951) 674-2392 FAX LAKE ELSINORE CULTURAL CENTER 183 NORTH MAIN STREET LAKE ELSINORE, CA 92530 . ****************************************************************** TUESDAY, DECEMBER 13,2005 - 5:00 P.M. CALL TO ORDER ROLL CALL RECONVENE IN PUBLIC SESSION (7:00 P.M.) PUBLIC COMMENTS - NON-AGENDlZED ITEMS - 1 MINUTE n (Please read & complete a Speaker's Form at the Podium, prior to the Start of the City Council Meeting) PUBLIC COMMENTS - AGENDlZED 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.) . BUSINESS ITEMS I. Reorganization of the Public Finance Authority. RECOMMENDATION: Select Chair and Vice Chair. PUBLIC COMMENTS - NON-AGENDlZED ITEMS - 3 MINUTES EXECUTIVE DIRECTOR COMMENTS LEGAL COUNSEL COMMENTS (\ ("\ (\ (\ CITY OF LAKE ELSINORE REPORT TO THE PUBLIC FINANCE AUTHORITY iTO:. CHAIRMAN AND MEMBERS OF THE AUTHORITY FROM: ROBERT A. BRADY, EXECUTIVE DIRECTOR DATE: DECEMBER 13, 2005 SUBJECT: ANNUAL REORGANIZATION OF THE PUBLIC FINANCE AUTHORITY TO SELECT THE CHAIRMAN AND VICE-CHAIR BACKGROUND City Council Policy Number 200-4 provides direction regarding the selection of presidirig officers for the City Council and the Redevelopment Agency. The selection of the Chairman and Vice Chair for the Public Finance Authority (PF A) has followed this same practice. The Chairman and Vice Chair are selected annually from the PF A membership to serve a one-year term. This process occurs during the first regular meeting of the PF A in December each year. FISCAL IMPACT None. RECOMMENDATION The following is recommended to the Chairman and members of the PF A: 1. Open the floor to nominations for the office of Chairman, receive nominations, close the nominations and conduct a roll call vote. 2. Open the floor to nominations for the office of Vice Chair, receive nominations, close the nominations and conduct a roll call vote. PREPARED BY: Robert A.Brady, Executive Director APPROVED FOR AGENDA LISTING: AGENDA iT,",,\ 1~O. PACE \ \ OF I