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HomeMy WebLinkAboutAgenda PFA 2013-05-14CITY 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, MAY 14, 2013 CALL TO ORDER - 7:00 P.M. ROLL CALL PUBLIC SESSION AT 7:00 P.M. (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 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 April 23, 2013. PUBLIC HEARING(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. 2006 -1 (Summuily) Authorizing the Issuance of City of Lake Elsinore Community Facilities District No 2006 -1 (Summerly) Special Tax Bonds 2013 Series (Improvement Area A) Approving the Issuance of the Lake Elsinore Public Financing Authority Local Agency Revenue Bonds (Summerly IA A) 2013 Series A 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 Public Financing Authority Agenda May 14, 2013 Page 2 of 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 Bonds (Summerly IA A) 2013 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 a Purchase Contract and a Commitment Agreement and Purchase Contract for the Purchase and Sale of Local Obligation Bonds of the City of Lake Elsinore Community Facilities District No. 2006 -1 (Summerly) and Taking Other Actions Related Thereto Recommendation: It is recommended that: City Council: Adopt Resolution No. 2013 -021 authorizing issuance of the refunding bonds and bond documents. PFA: Adopt PFA Resolution No. 2013 -002 authorizing issuance of refunding bonds and bond documents. BUSINESS ITEM(S) IR.7T 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. TIRC,I.NI.A L BWO--y1 Virginia J. Bloom, CMC Authority Secretary