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HomeMy WebLinkAboutItem No. PFA 1REPORT TO PUBLIC FINANCING AUTHORITY TO: HONORABLE CHAIR AND MEMBERS OF THE PUBLIC FINANCING AGENCY FROM: VIRGINIA J. BLOOM AGENCY SECRETARY DATE: APRIL 23, 2013 SUBJECT: APPROVAL OF MINUTES Recommendation It is recommended that the Authority Board approve the minutes as submitted. Discussion The following Public Financing Agency Minutes are submitted for approval: a) Public Financing Authority meeting of December 11, 2012. Prepared and Q Approved by: Virginia J. Bloom, Agency Secretary Approved by: Grant Yates, City Manager' AGENDA ITEM NO. PFA 1 Page I of 4 Page 2 of 4 MINUTES PUBLIC FINANCING AUTHORITY MEETING CITY OF LAKE ELSINORE 31315 CHANEY STREET LAKE ELSINORE, CA 92530 TUESDAY, DECEMBER 11, 2012 .............................................................................. ............................... CALL TO ORDER Authority Member Magee called the meeting to order at 8:49 p.m. ROLL CALL PRESENT: Authority Member Hickman Authority Member Johnson Authority Member Magee Authority Member Manos Authority Member Tisdale ABSENT: None Also present: Executive Manager Yates, Authority Counsel Leibold, Director of Administrative Services Riley, Public Works Director /City Engineer Seumalo, Acting Planning Manager MacHott Police Chief Kennedy- Smith, and Authority Secretary Bloom. CONSENT CALENDAR None PUBLIC HEARING(S) None BUSINESS ITEM(S) (1) Annual Reorganization of the Public Financing AuthoritV 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. Page 3 of 4 Public Finance Authority Minutes Meeting of December 11, 2012 Page 2 of 2 Authority Secretary Bloom opened the floor for nominations of Chairman for the Public Financing Authority. It was moved by Authority Member Hickman and seconded by Authority Member Magee to appoint Authority Member Manos as Chairman of the Public Financing Authority; the vote passed unanimously by a roll call vote. Authority Secretary Bloom opened the floor for nomination of Vice - Chairman for the Public Financing Authority. It was moved by Authority Member Hickman and seconded by Authority Member Magee to appoint Authority Member Tisdale as Vice Chairman of the of the Public Financing Authority; the vote passed unanimously by a roll call vote. ADJOURNMENT There being no further business to come before the Public Financing Authority, Authority Member Magee adjourned the meeting at 9:51 p.m. Steve Manos, Chairman Lake Elsinore Public Finance Authority ATTEST: Virginia J. Bloom, Authority Secretary Lake Elsinore Public Finance Authority Page 4 of 4