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HomeMy WebLinkAboutPublic Financing Agency Agenda Item No. 1. . ~ . r~ REPORT To PUBLIC FINANCING AUTHORITY To; HONORABLE CHAIRMAN AHD ~BERS of THE PUBLIC FINANCING AGENCY FROM; 1~IRGINIA J. BLOOII~ AGENCY SECRETARY DATE; APRIL 10, 2012 SUBJECT: APPR0I~AL OF MINUTES Discussion The following Public Financing Agency 11~inutes are submitted for approval: s~ Public Financing Authority meeting of December 13, 2811. Recommendation It is recommended that the Authority Board approve the minutes as submitted. Prepared by: Dana C. Porche , Office Specialist . ~ ~ Approved by. Virg~nfa J. Bloom A enc Secrets g y rY ~ v PFA AGENDA ITEM No.1 Page 1 of 4 MINUTES Pl1BLIC FINANCING AUTHORITY MEETING CITY OF LAKE ELINORE 1$3 NORTH MAIN STREET LAKE EL~INORE, CA 92534 TUESDAY, DECEMBER 13, 211 CALL TO ORDER Chairman Hickman called the meeting to order at 8:46 p.m. ROLL CALL PRESENT: Chairman Hickman Vice-Chairman Tisdale Authority Member Magee Authority Member Melendez Authority Member Weber ABSENT: None Also present: Executive Manager Brady, Authority Counsel Leibold, Director of Administrative Services Riley, Public Works Director/City Engineer Seumalo, Director of Lake, Parks and Recreation Kilroy, Police Chief Fontneau, Fire Chief Lawson, Planning Manager Morelion, and Authority Secretary Bloom. CONSENT CALENDAR ~1) Approval of Public Financing Authority Minutes Recommendation: It is recommended that the Public Financing Authority approve the minutes as submitted: a) Public Financing Authority meeting of November 8, 2011. It was moved by Vice-Chair Tisdale and seconded by Agency Member Magee to approve the Consent Calendar; motion passed unanimously. P U,,.B,L ~ C_H.,E A R=S ~ None. Page 2 of 4 Public Finance Authorit}~ Minutes Meeting of December 13, 2011 Page 2 of 3 BUSINESS ITEM ~1-.w~lO~~-■I~~IIIII~II■~.I~1~ ~2} Annual Reorganisation of the Public Financing Authority to Select the Chair and Vice-Chair Recommendation: It is recommended that the Authority Board yield the chair to the Authority Secretary to open the nomination process for the office of Chair, receive nominations, close the nominations and conduct a roll call vote; then the newly selected Chair will assume the chair and open the nomination process for the office of Vice-Chair, receive nominations, close the nominations and conduct the roll call vote. Authority Secretary Bloom read the staff report and procedural format. Authority Secretary Bloom opened the floor for nominations for Public Finance Authority Chairman for 2012. Chairman Hickman nominated Authority Member Melendez as Chairwoman of the Public Financing Authority for 2012; the nomination was seconded by Authority Member Magee and passed unanimously by roll-call vote. Authority Member Weber nominated himself as the Vice-Chair of the Public Finance Authority for 2012; the nomination was seconded by Authority Member Magee and passed by unanimously vote. EXECUTIVE QIRECTOR COI~I~IENTS None. LEGAL CGUI~SEL C4'IENTS None. AUTHORITY IE~IBER CtJ~ENTS None. Page 3 of 4 Public Finance Authority Minutes Meeting of December 13, 2011 Page 3 of 3 ADJO~~~E~T There being no further business to come before the Public Financing Authority, Chairman Hickman adjourned the meeting at 8:49 p.m. which was held at the City's Cultural Center at 183 N. Main Street, Lake Elsinore, CA. Daryl Hickman, Chairman ~.ake Elsinore Public Finance Authority ATTEST: Virginia J. Bloom, Authority Secretary fake Elsinore Public Finance Authority Page 4 of 4