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HomeMy WebLinkAbout2012-06-26 PFA AgendaCITY OF LAKE ELSINORE PUBLIC FINANCING AUTHORITY MELISSA MELENDEZ, CHAIRPERSON PETER WEBER, VICE-CHAIR BRIAN TISDALE, MEMBER ROBERT MAGEE, MEMBER DARYL HICKMAN, MEMBER THOMAS P. EVANS, INTERIM 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, JUNE 26, 2012 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 Request to Address the Council Form and turn it in to the City Clerk prior to the start of the meeting.) PUBLIC COMMENTS - AGENDIZED ITEMS - 3 MINUTES (Please read & complete a Request to Address the Council Form and turn it in to the City Clerk prior to the start of the 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.) (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 April 10, 2012 PUBLIC HEARING(S) None. Public Financing Authority Agenda June 26, 2012 BUSINESS ITEM(S) Page 2 of 2 (2) A Resolution of the Board of Directors of the Lake Elsinore Public Financing Authority Approving the Issuance of Lake Elsinore Public Financing Authority Local Agency Revenue Refunding Bonds (Wasson Canyon) 2012 Series A in the Aggregate Principal Amount Not to Exceed $4,000,000 Pursuant to an Indenture of Trust, Authorizing the Sale of Such Bonds Upon Certain Terms and Conditions. Approving an Official Statement. Approving the Execution of Commitment Agreement and Purchase Contracts for the Purchase of Local Obligations of the City of Lake Elsinore Community Facilities District No. 2005-5 (Villages at Wasson Canyon) and Taking Other Actions Related Thereto Recommendation: It is recommended that the Authority Board adopt PFA Resolution No. 2012-001 authorizing issuance of bonds and bond documents. PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 3 MINUTES (Please read & complete a Request to Address the Council Form and turn it in to the City Clerk prior to the start of the meeting. The Chairman will call on you to speak when your item is called.) 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, Virginia J. Bloom, Authority Secretary of the City of Lake Elsinore Public Financing Authority, do hereby certify that a copy of the foregoing agenda was posted at City Hall 72 hours in advance of this meeting. VIRGINIA J. BLOOM Virginia J. Bloom, CMC Authority Secretary