HomeMy WebLinkAboutAgenda 4/23/2013CITY OF LAKE ELSINORE
PUBLIC FINANCING AUTHORITY
STEVE MANOS, CHAIR
BRIAN TISDALE, VICE -CHAIR
NATASHAJOHNSON,MEMBER
ROBERT MAGEE, MEMBER
DARYL HICKMAN, MEMBER
GRANT YATES, EXECUTIVE DIRECTOR
W W W.LAKE- ELSINORE.ORG
(951) 674 -3124 PHONE
ELSINORE VALLEY MUNICIPAL WATER
DISTRICT (EVMWD) BOARDROOM
31315 CHANEY STREET
LAKE ELSINORE, CA 92530
TUESDAY, APRIL 23, 2013
CALL TO ORDER - 7:00 P.M.
ROLL CALL
) - IV VIWHt7 GIV 6JILCU 11 CIVIJ -
a Request to Address the Council Fo
the start of the
PUBLIC SESSION AT 7:00 P.M.
it in to the City Clerk prior to
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 Boardmember 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 December 11, 2012.
PUBLIC HEARING(S)
None
BUSINESS ITEM(S)
(2) A Resolution of the City Council of the City of Lake Elsinore, California, Acting as
the Legislative Body of City of Lake Elsinore Community Facilities District No. 88-
3 (West Lake Elsinore), Authorizing the Issuance of City of Lake Elsinore
Community Facilities District No. 88 -3 (West Lake Elsinore) Subordinate Special
Public Financing Authority Agenda
April 23, 2013
Page 2 of 3
Tax Bonds 2013 Series Approving the Lake Elsinore Public Financing Authority
Local Agency Revenue Bonds (Community Facilities District 88 -3), 2013 Series
B and the Execution and Delivery of a Fiscal Agent Agreement A Commitment
Agreement and Purchase Contract for Purchase and Sale of Local Obligation
Bonds a Purchase Contract and a Continuing Disclosure Agreement
A Resolution of the Board of Directors of the Lake Elsinore Public Financing
Authority Approving the Issuance of Lake Elsinore Public Financing Authority
Local AgencV Revenue Bonds (Community Facilities District 88 -3), 2013 Series
B in the Aggregate Principal Amount Not to Exceed $6,000,000 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 an
Escrow Agreement A Purchase Contract and a Commitment Agreement and
Purchase Contract for the Purchase of Local Obligation Bonds of the City of Lake
Elsinore Community Facilities District No. 88 -3 (West Lake Elsinore) and Taking
Other Actions Related Thereto
Recommendation: It is recommended that:
City Council: Adopt City Resolution No. 2013 -019 authorizing issuance
of the bonds and bond documents related to Community Facilities District 88 -3.
Public Financing Authority: Adopt PFA Resolution No. 2013 -001 authorizing
issuance of bonds and bond documents related to Community Facilities District
88 -3.
(3) A Resolution of the CitV Council of the City of Lake Elsinore California, Acting as
the Legislative Body of City of Lake Elsinore Community Facilities District No. 98-
1 (Summerhill Public Improvements) Authorizing the Issuance of City of Lake
Elsinore Community Facilities District No. 98 -1 (Summerhill Public
Improvements) Special Tax Bonds 2013 Series Approving the Issuance of the
Lake Elsinore Public Financing Authority Local AgencV Revenue Bonds
(Community Facilities District 98 -1) 2013 Series C and the Execution and
DeliverV of a Fiscal Agent Agreement A Commitment Agreement and Purchase
Contract for Purchase and Sale of Local Obligation Bonds A Purchase Contract
and a Continuing Disclosure Agreement
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 Bonds (Community Facilities District No. 98 -1), 2013
Series C in the Aggregate Principal Amount Not to Exceed $16,000,000
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 an Escrow Agreement A Purchase Contract and a Commitment
Agreement and Purchase Contract for the Purchase of Local Obligation Bonds of
the City of Lake Elsinore Community Facilities District No. 98 -1 (Summerhill
Public Improvements) and Taking Other Actions Related Thereto
Public Financing Authority Agenda
April 23, 2013 Page 3 of 3
Recommendation: It is recommended that:
City Council: Adopt City Resolution No. 2013 -020 authorizing issuance of the
bonds and bond documents related to Community Facilities District 98 -1.
PFA: Adopt PFA Resolution No. 2013 -002 authorizing issuance of bonds and
bond documents related to Community Facilities District 98 -1.
(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.
T,TRYL?VLA T. BLOOM
Virginia J. Bloom, CMC
Authority Secretary