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HomeMy WebLinkAbout12-09-2008 PFA n MINUTES PUBLIC FINANCE AUTHORITY CITY OF LAKE ELSINORE 183 NORTH MAIN STREET LAKE ELSINORE, CALIFORNIA TUESDAY, DECEMBER 9, 2008 ******************************************************************************************** CALL TO ORDER. 7:00 P.M. The meeting was called to order by Vice-Chairman Buckley at 7:19 p.m. ROLL CALL Ii I i PRESENT: VICE-CHAIRMAN BUCKLEY MEMBER BHUTTA MEMBER HICKMAN MEMBER MAGEE MEMBER MELENDEZ ABSENT: NONE Also present: Executive Director Brady; Authority Counsel Leibold, Administrative Services Director Pressey, Acting Community Development Director Weiner; Public Works Director/City Engineer Seumalo, Director of Lake and Aquatics Kilroy, Parks and Recreation Director Gonzales, Communications and Information Manager Dennis, City Treasurer Baldwin, and Interim Secretary Cowley. PUBLIC COMMENTS There were no public comments. AUTHORITY APPROVES CONSENT CALENDAR (1 ) Aooroval of Public Finance Authority Minutes n Recommendation: Approve the following minute(s): a) Regular Public Finance Authority Meeting - January 9, 2007 n Member Magee moved to approve Consent Calendar Item No.1; second by Member Hickman. The motion unanimously carried by the following vote: AYES: Vice-Chairman Buckley, Member Bhutta, Member Hickman, Member Magee and Member Melendez; NOES: None. PUBLIC HEARING/S) No public hearings scheduled. BUSINESS ITEM/S) (2) Annual Reorqanization of the Public Finance Authoritv of the Citv of Lake Elsinore to select A Chair and Vice Chair Recommendation: The Authority Board: a) Open the floor to n9minations for the selection of a Chairperson, receive nominations,. close the nominations and conduct a roll call vote; and b) The newly selected Chairperson opens the floor to nominations for the office of Vice-Chair, receive nominations, close the nominations and conduct a roll call vote. I: Secretary Cowley opened nominations for Chairperson of the Public Financing Authority. Vice-Chairman Buckley nominated Member Amy Bhutta. Member Magee nominated Member Hickman; second by Member Melendez. There being no further nominations, Secretary Cowley closed nominations and called for the vote as to the nomination of Amy Bhutta. The motion failed by the following vote: AYES: Member Buckley and Member Bhutta. The motion to select Member Hickman as Chair of the Public Financing Authority carried by the following vote: AYES: Member Hickman, Member Magee and Member Melendez. Chairman Hickman opened nominations for Vice-Chair. Member Magee nominated Member Bhutta; second by Member Buckley. The motion unanimously carried by the following vote: AYES: Chairman Hickman, Member Bhutta, Member Buckley, Member Magee and Member Melendez. PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 3 MINUTES There were no public comments. EXECUTIVE DIRECTOR COMMENTS No comments. n n LEGAL COUNSEL COMMENTS Authority Counsel Leibold congratulated Chairman Hickman and Vice- Chairwoman Bhutta. BOARDMEMBER COMMENTS No comments. ADJOURNMENT There being no further business to come before the Authority, Chairman Hickman adjourned the meeting at 7:21 pm. D Yl HICKMAN, CHAIRMAN CITY OF lAKE ELSINORE n ATTEST: CAROL COWLEY, INTE 1M SECRETARY CITY OF lAKE ElSINO E n