HomeMy WebLinkAbout06-24-2014 City Council MinutesREAM FX11111-Alf
City of Lake Elsinore
Meeting Minutes
City Council
NATASHA JOHNSON, MAYOR
STEVE MANOS, MAYOR PRO TEM
BRIAN TISDALE, COUNCIL MEMBER
DARYL HICKMAN, COUNCIL MEMBER
ROBERT MAGEE, COUNCIL MEMBER
GRANT YATES, CITY MANAGER
LAKE- ELSINORE.ORG
(951) 674 -3124 PHONE
CULTURAL CENTER
183 N. MAIN STREET
LAKE ELSINORE, CA
92530
Tuesday, June 24, 2014 7:00 PM Cultural Center
CALL TO ORDER 5:00 P.M.
Mayor Johnson called the meeting to order at 5:00 p.m.
ROLL CALL
PRESENT: Council Member Hickman, Council Member Magee, Council Member Tisdale,
Mayor Pro Tern Manos, and Mayor Johnson
Also present: City Manager Yates, City Attorney Leibold, and City Clerk Bloom.
CITY COUNCIL CLOSED SESSION
CONFERENCE WITH LEGAL COUNSEL -- ANTICIPATED LITIGATION
Initiation of litigation pursuant to paragraph (4) of subdivision (d) of Section 54956.9:
(1 potential case)
City Attorney Leibold announced that the City Council would be meeting in Closed Session to
discuss the Agenda Item identified on the City Council Closed Session. Mayor Johnson
adjourned into Closed Session at 5:01 p.m.
PUBLIC COMMENTS
None
CALL TO ORDER
Mayor Johnson reconvened the meeting at 7:00 p.m.
City of Lake Elsinore Page 1
City Council Meeting Minutes June 24, 2014
PLEDGE OF ALLEGIANCE
Mayor Pro Tern Manos led in the Pledge of Allegiance.
ROLL CALL
PRESENT: Council Member Hickman, Council Member Magee, Council Member Tisdale,
Mayor Pro Tern Manos, and Mayor Johnson.
Also present: City Manager Yates, City Attorney Leibold, City Clerk Bloom, Administrative
Services Director Simpson, Community Development Director Taylor, Planning Manager
MacHott, Public Works Director Damasse, Police Chief Hollingsworth, and Deputy City Clerk
Giron.
CLOSED SESSION REPORT
City Attorney Leibold announced that the City Council met in Close Session to discuss one
potential case of anticipated litigation and that there was no reportable action taken.
PRESENTATIONS / CEREMONIALS
Proclamation declaring July as Parks & Recreation Month
Mayor Johnson presented the Proclamation declaring July as Parks & Recreation Month to
Interim Community Services Director McCarthy.
PUBLIC COMMENTS - None
CONSENT CALENDAR
1) ID# 14 -179 Approval of Minutes
Attachments: CC Minute Report 5 -13 -2014
CC Minutes 5 -13 -2014
It is recommended that the City Council approve the Minutes as submitted.
2) ID# 14 -180 Warrant List Dated June 12, 2014
Attachments: City Staff Report 06 24 14
Warrant Summary City 06 12 14
Warrant List City 06 12 14
It is recommended that the City Council of the City of Lake Elsinore receive and
file the Warrant List dated June 12, 2014.
City of Lake Elsinore Page 2
City Council Meeting Minutes June 24, 2014
3) ID# 14 -181 Biennial Review of the Conflict of Interest Code for the City of Lake
Elsinore
Attachments: COI Staff Report 2014
COI Reso 2014 -039
It is recommended that the City Council approve and adopt Resolution No.
2014 -039 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE
ELSINORE, CALIFORNIA, AMENDING RESOLUTION NO. 2012 -020 UPDATING
THE CONFLICT OF INTEREST CODE FOR THE CITY OF LAKE ELSINORE.
4) ID# 14 -182 Adoption of Three (3) Resolutions Pertaining to the Calling and Giving
Notice of the Municipal General Election to be Held on November 4,
2014; Requesting Consolidation with the Statewide General Election;
and Adopting Regulations Relating to Candidate Statements
Attachments: Staff report Election Resos x3
Resolution 2014 -040 Calling Election
Resolution 2014 -041 Requesting Consolidation
Resolution 2014 -042 Candidate Regulations
It is recommended the City Council approve and adopt:
1.) Resolution No. 2014 -040 A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LAKE ELSINORE, CALIFORNIA, CALLING AND GIVING NOTICE
OF THE HOLDING OF THE MUNICIPAL GENERAL ELECTION TO BE HELD
IN THE CITY ON TUESDAY, NOVEMBER 4, 2014, FOR THE PURPOSE OF
ELECTING TWO (2) COUNCIL MEMBERS AND REQUESTING THE COUNTY
OF RIVERSIDE REGISTRAR OF VOTERS TO CONDUCT SAID MUNICIPAL
GENERAL ELECTION
2.) Resolution No. 2014 -041 A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LAKE ELSINORE, CALIFORNIA, REQUESTING CONSOLIDATION
OF THE GENERAL MUNICIPAL ELECTION WITH THE STATEWIDE GENERAL
ELECTION TO BE HELD ON TUESDAY, NOVEMBER 4, 2014
3.) Resolution No. 2014 -042 A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING AND ADOPTING
REGULATIONS FOR CANDIDATE STATEMENTS FOR ELECTIVE OFFICE
SUBMITTED TO THE VOTERS AT THE MUNICIPAL GENERAL ELECTION
TO BE HELD ON TUESDAY, NOVEMBER 4, 2014
City of Lake Elsinore Page 3
City Council Meeting Minutes June 24, 2014
5) ID# 14 -183 Extension of Annual Streetscape Maintenance Contract FY 2014/15
Attachments: Staff Report Excel Maintenance Contract Extension VD Comments
Final
First Amendment to Excel Landscaping, Inc. Agreement
Exhibit A Scope of Work
Exhibit B Revised Bid Schedule FY 2015
Exhibit C Workers Compensation Insurance Excel
Original Agreement
Staff recommends that the City Council:
1.) Approve a second year extension, July 1, 2014 to June 30, 2015, to the
Streetscape Maintenance Contract between the City of Lake Elsinore and
Excel Landscape in an amount not to exceed $175,000.
2.) Any additional extensions be approved by the City Manager upon successful
annual review and recommendation by staff.
6) ID# 14 -184 Acceptance of MSRC Funding Grant for Installation of Electrical Vehicle
Charging Infrastructure
Attachments: Staff Report MSRC Funding EV Charging Stations 6 2014 VD Final
Exhibit A MSRC Funding Approval Letter 6.24.14
Exhibit B - Project Budget Revised Part C EV Charging Infrastructure
Exhibit C MSRC Proposed Contract for EV Charging Station
Installation
Staff recommends that the City Council accept the Clean Transportation funding
from the Mobile Source Air Pollution Reduction Review Committee (MSRC) for
the Electrical Vehicle Charging Infrastructure.
9) ID# 14 -187 Prima Facie Speed Limits on Certain Streets in the City
Attachments: Speed Survey E &TS Staff Report VD Final 061514
Speed Survey Resolution 6 -11 -14
Speed Survey Resolution Exhibit'A' E &TS Summary
1.) City Council receive and accept the recommendations of the 2014
Engineering and Traffic Survey to set, maintain, increase or
decrease certain speed limits as required by the California Vehicle
Code.
2.) City Council adopt Resolution No. 2014 -043 to set, maintain,
increase or decrease certain speed limits in the City as
determined from the 2014 Engineering and Traffic Survey and
as required by the California Vehicle Code.
City of Lake Elsinore Page 4
City Council Meeting Minutes June 24, 2014
City Clerk Bloom announced requests to speak on Consent Item Nos. 7 and 8.
Motion by Council Member Tisdale, second by Mayor Pro Tern Manos, to approve the
Consent Calendar, less Agenda Item Nos. 7 and 8, passed by unanimous vote as follows:
AYES Council Member Tisdale, Mayor Pro Tern Manos, Council Member Hickman,
Council Member Magee, and Mayor Johnson
NOES None
ABSENT: None
ABSTAIN: None
CONSENT ITEM(S) PULLED
7) ID# 14 -185 Amendment No.3 to Riverside County Transportion Commission
Agreement for Funding of Transportation Uniform Mitigation Fee
Regional Arterial Improvements of Railroad Canyon at 1 -15
Attachments: Staff Report RR Canyon 1 -15 Agreement Amendment 3 VD
Comments 061514
RR Canyon 1 -15 Agreement Amendment No.3
1.) Approve Amendment No. 3 to Agreement No. 10 -72- 016 -00 (Master
Agreement) with the Riverside County Transportation Commission
(ROTC) for funding of Transportation Uniform Mitigation Fee (TUMF)
Regional Arterial Improvements for Railroad Canyon Road at 1 -15.
2.) Authorize the honorable Mayor to execute the Amendment No. 3 to the
Master Agreement.
Dick Knapp expressed his concern regarding the expenditure of $1.6 million for a study. He
suggested that a new road at Franklin Street and La Strada would reduce traffic by 20 %.
Mayor Pro Tern Manos explained that the alignment study includes Franklin Street as an
off -ramp to relieve traffic congestion.
Council Member Magee stated that in 2006 Council spent $3 million to widen the area
underneath the Railroad Canyon bridge at 1 -15. He added that there are allocated monies in
the CIP (Capital Improvement Projects) budget for deceleration lanes traveling southbound on
1 -15 and the City is trying a number of different options to continue to find relief at that
particular intersection.
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City Council Meeting Minutes June 24, 2014
Motion by Council Member Magee, second by Mayor Pro Tern Manos, to approve
Amendment No. 3 to Agreement No. 10 -72- 016 -00 (Master Agreement) with the Riverside
County Transportation Commission (RCTC) for funding of Transportation Uniform Mitigation
Fee (TUMF) Regional Arterial Improvements for Railroad Canyon Road at 1 -15, and authorize
the honorable Mayor to execute the Amendment No. 3 to the Master Agreement, passed by
unanimous vote as follows:
AYES : Council Member Magee, Mayor Pro Tern Manos, Council Member Hickman,
Council Member Tisdale, and Mayor Johnson
NOES : None
ABSENT: None
ABSTAIN: None
8) ID# 14 -186 Approval of Professional Services Agreement with Enviromine, Inc to
Provide SMARA Compliance Services
Attachments: SMARA Consultant VD Final 061514
Form Professional Services Agreement 03 25 14
Approve the Professional Services Agreement (PSA) with EnviroMine and
authorize the City Manager to execute the agreement.
Motion by Council Member Tisdale, second by Council Member Magee, to approve the
Professional Services Agreement (PSA) with EnviroMine and authorize the City Manager to
execute the agreement, passed by unanimous vote as follows:
AYES : Council Member Tisdale, Council Member Magee, Council Member Hickman,
Mayor Pro Tern Manos, and Mayor Johnson
NOES : None
ABSENT: None
ABSTAIN: None
City of Lake Elsinore Page 6
City Council Meeting Minutes June 24, 2014
PUBLIC HEARING(S)
10) ID# 14 -188 Adoption of a Resolution Regarding California Communities Local
Measure A Sales Tax Revenue Certificates of Participation, Series 2014
(T.R.I.P. - Total Road Improvement Program)
Attachments: Lake Elsinore TRIP Financing City Council Staff Report DHM
2014 -06 -24 Resolution of Lake Elsinore - CSCDA Measure A COPs
2014A
Trust Agreement (Lake Elsinore) - CSCDA Measure A COPs 2014A
2014 -06 -24 - Lake Elsinore - Certificate Purchase Agreement - 2014
Stifel, Nicolaus - TRIP Pool
Installment Sale Agreement (Lake Elsinore) - CSCDA Measure A
COPs 2014A
2014 -06 -24 - Preliminary Official Statement (Lake Elsinore 2014
T.R.I.P
CSCDA JPA Agreement
It is recommended the City Council approve and adopt:
Resolution No. 2014 -044 A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF LAKE ELSINORE, CALIFORNIA, APPROVING THE EXECUTION AND
DELIVERY OF CALIFORNIA COMMUNITIES LOCAL MEASURE A SALES TAX
REVENUE CERTIFICATES OF PARTICIPATION, SERIES 2014A (T.R.I.P. - TOTAL
ROAD IMPROVEMENT PROGRAM) PURSUANT TO A TRUST AGREEMENT,
AUTHORIZING THE EXECUTION AND DELIVERY OF A TRUST AGREEMENT,
CERTIFICATE PURCHASE AGREEMENT AND AN INSTALLMENT SALE
AGREEMENT, AUTHORIZING THE DISTRIBUTION OF AN OFFICIAL STATEMENT
IN CONNECTION WITH THE OFFERING AND SALE OF SUCH CERTIFICATES,
AUTHORIZING THE FILING OF A VALIDATION ACTION AND OTHER MATTERS
RELATING THERETO AND ENTERING INTO AN AMENDED AND RESTATED
JOINT EXERCISE OF POWERS AGREEMENT
Mayor Johnson opened the Public Hearing at 7:13 p.m. Administrative Services Director
Simpson introduced John Kim, Managing Director from Stifel, Nicolaus & Company, Inc.
Director Simpson provided a substitution Exhibit B to the Installment Sales Agreement. John
Kim provided an overview to Council.
Council Member Hickman asked if the City was borrowing certificates worth $5 million and
paying the loan off at the rate of $500,000 per year. Mr. Kim responded in the affirmative. Mr.
Kim also explained the borrowing cost at today's market is approximately 4% to 4.25 %, which
is low.
Mayor Johson asked if there was anyone wishing to speak in favor or against this item; there
was no one to speak on this item. Mayor Johnson closed the Public Hearing at 8:03 p.m.
City of Lake Elsinore Page 7
City Council Meeting Minutes June 24, 2014
Mayor Pro Tern Manos asked about the prepayment penalty. Mr. Kim responded that the City
would have to come up with the interest payments from time of prepayment to the 10 year
mark. Mayor Pro Tern Manos asked if the payments are flexible and if there can be a change
in terms of the percentage that the City pays over time. Mr. Kim responded that the payment
schedule designed by the City can be customized.
Council Member Tisdale asked Director Simpson to explain how it is worthwhile for the City to
pay $12 million for a $5 million loan. Director Simpson explained that the investor will earn
4% to 4.25% interest on the investment that they are making. The program will allow the City
to make repairs on the streets that are in need of repair and streets in need of sidewalks or
curbs at the same time. Director Simpson explained that the City will use Measure A funds
for capital improvement projects to help stimulate areas and show project investors that the
City is making an investment in its community. In addition, a lot of the streets that are in poor
condition will be reconstructed. The initial cost will be high, but the City will save on
maintenance cost in the future. Council Member Tisdale inquired about borrowing money
from unused City funds and paying to loan back to the City at 1 % interest. Director Simpson
explained that DIF (Development Impact Fees) funds are set up for specific purposes and not
a source that can be borrowed from for projects.
Mayor Johnson stated that the City has not been able to catch up on pavement management
nor pave roads in need of repair. She asked if the City will be able to pave most of the streets
at once. Director Simpson responded in the affirmative. Director Simpson stated that by
leveraging on the front end of the street repairs it should lower future maintenance costs.
Council Member Tisdale asked what percent of the streets will $6 million cover. Public Works
Director Damasse clarified that the City's pavement condition index is good on arterial and
local streets, so the City would use those dollars to save those streets from deteriorating and
increase the deferred maintenace costs. Mayor Johnson asked what percentage of streets
are covered by obtaining the borrowed funds. Public Works Director Damasse responded
that 190 miles of streets.
Council Member Tisdale asked what precise streets are getting repaired for $6 million. Public
Works Director Damasse responded a combination of slurry seal on the majority of the
streets, which are in good condition and grind and overlay on the more dilapidated streets.
City Manager Yates stated that it will cost a little over $5 million to complete everything in the
Pavement Management Plan. He explained the concept is that the City spend the money
now to improve the roads and every year the City will have.enough revenue money coming in
to continue road maintenance.
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City Council Meeting Minutes June 24, 2014
Council Member Magee stated that the goal is to build now and lower maintenance costs
while still not pledging all of the City's Measure A funds to allow the City flexibility to do other
projects. He expressed his concerns in obligating future Councils with debt and limited
flexibility. Council Member Magee stated that Council should look at a smaller loan and revisit
the ability to borrow from other funds. He stated he wanted to table this item until the following
three questions are clarified: time, dollars, and results.
Motion by Council Member Magee to tabled this item and direct staff to take all of Council's
comments to explore another approach.
Mayor Johnson asked for 2 projections, 1) if the City repairs the roads and 2) if the roads are
not repaired. Director Simpson stated that staff is going to address approximately 225 streets.
The budget includes paying $500,000 towards the debt services next year. Director Simpson
also explained that the reserve money is being invested, which allows more visable streets to
be reconstructed. He added that he anticipates repairing at least 220 streets in the next year
and half as the City moves forward with the Pavement Management Program. Director
Simpson advised that Measura A needs to be amended because the T.R.I.P. bonds are tied
to the Measura A revenue stream.
Council Member Tisdale expressed his concern regarding the cost to borrow money. He
stated that Council is financially conservative and has a responsiblity to residents.
Motion by Council Member Tisdale, second by Council Member Magee to table this Agenda
Item and bring back to Council for further clarification.
Council Member Hickman stated that he was in favor and did not want to table the Item.
Mayor Johnson asked staff to identify time, dollars, results and asked if 220 streets will be
completed in one year. Public Works Director Damasse responded that most of the streets
are going to be repaired in various phases and most of the streets are going to be slurry
sealed. The repairs that take place will be over a couple of years because it will depend on
the rehab method. Director Damasse stated that in one year all streets will be worked on in
one phase or another. Mayor Johnson stated that the time committed will be 25 years of
repayment for the next 3 to 5 years of work. Director Simpson responded 2 years or less of
work plus other streets. Mayor Johnson asked about the dollar cost and confirmation that the
City is not depleting all the Measure A funds. Director Simpson responded in the affirmative.
Mayor Johnson asked Director Simpson if he has looked at the dollar amount and tax revenue
for the 5 -year plan. Director Simpson answered no and added that if the dollar amount is too
high, staff can make adjustments and lower the amount that the City is borrowing.
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City Council Meeting Minutes June 24, 2014
City Manager Yates asked Director Simpson how long it would take to put together the 5 -year
plan and suggested that staff bring this item back and discuss the direction of expenses,
projects, and the budget. Staff can work diligently on slurry sealing with the money the City
has. Administrative Director Simpson responded that staff can come back by September with
a draft of the 5 -year plan for Council's consideration to adopt in October. Mayor Pro Tern
Manos stated that he would support this item. Council Member Hickman stated that he would
support this item. Mayor Johnson closed the Public Hearing at 8:03 p.m.
Substitute motion by Council Member Hickman, second by Mayor Pro Tern Manos, to adopt
Resolution No. 2014 -044 a Resolution of the City Council of the City of Lake Elsinore,
California, approving the execution and delivery of California communities local Measure A
Sales Tax Revenue certificates of participation, series 2014A (T.R.I.P.) - Total Road
Improvement Program pursuant to a Trust Agreement, authorizing the execution and delivery
of a Trust Agreement, certificate purchase agreement and an installment sale agreement,
authorizing the distribution of an official statement in connection with the offering and sale of
such certificates, authorizing the filing of a validation action and other matters relating thereto
and entering into an amended and restated Joint Exercise of Powers Agreement.
The substitute motion passed by the following vote:
AYES Council Member Hickman, Mayor Pro Tern Manos, and Mayor Johnson
NOES Council Member Magee and Council Member Tisdale
ABSENT: None
ABSTAIN: None
11) ID# 14 -189 Capital Improvement Plan For FY 2014 -15 through 2018 -19
Attachments: Capital Improvement Program 2015 2019 Agenda Report v3
Resolution CIP FY2014 -15 TO 2018 -19 v2
FY2014 -15 TO FY2018 -19 CIP BUDGET
Planning Commission Resolution - Adopted
Project Summary by Type of Project FY2014 -15
Staff recommends that City Council adopt Resolution 2014 -045 adopting the
proposed 5 -year Capital Improvement Plan for fiscal years 2014 -15 through
2018 -19. Total capital improvement plan cost for FY 2014/15 is $25,363,120.
Mayor Johnson opened the public hearing at 8:07 p.m. Public Works Director Damasse
provided an overview of the 5 -year Capital Improvement Plan, and Pavement Rehabilitation
Program. Mayor Johnson called for public comments. There being no one to speak on the
Item, Mayor Johnson closed the Public Hearing at 8:32 p.m.
Mayor Pro Tern Manos stated that he is in favor of this item. He also stated that he would like
the City to work on the landscape esthetics of the freeway off ramps located within the City,
lake dredging, and sewage infrastucture on Lakeshore Drive near Country Club Heights.
City of Lake Elsinore Page 10
City Council Meeting Minutes June 24, 2014
Council Member Hickman thanked the Public Works staff for their work cleaning up Railroad
Canyon Road. He stated that the Capital Improvement Plan is agresseive and he has great
expectations.
Council Member Magee noted that the following projects need to be completed in the next 12
months: the deceleration southbound 1 -15 at Railroad Canyon Road, left turn pocket at Grape
Street; turn signals on Canyon Hills at Sage Lane and Summerhill at Via Scenica, the new
dog fence at McVicker park, playgrounds at Machado Park, Summerlake Park, and
Yarborough Park, Whiskers Beach clean up, Serenity skate park, and the monument and
freeway signs.
Mayor Johnson stated that the proposed projects need to be completed and thanked Director
Damasse for his hard work.
Motion by Mayor Pro Tern Manos, second by Council Member Hickman, to adopt Resolution
2014 -045 adopting the proposed 5 -year Capital Improvement Plan for fiscal years 2014 -15
through 2018 -19. Total capital improement plan cost for FY 2014 -15 is $25,363,120, passed
unanimously by the following vote:
AYES : Mayor Pro Tern Manos, Council Member Hickman, Council Member Tisdale,
Council Member Magee, and Mayor Johnson
NOES : None
ABSENT: None
ABSTAIN: None
APPEAL(S) - None
BUSINESS ITEMS)
12) ID# 14 -190 Second Reading and Adoption of Ordinance No. 2014 -1328
Attachments: Second reading of Ord 2014 -1328 Purchasing
Ordinance No 2014 -1328 - Purchasing and Surplus Property
modifications
Waive further reading and adopt by title only Ordinance No. 2014 -1328 by roll call
vote:
ORDINANCE NO. 2014 -1328 AN ORDINANCE OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, AMENDING CHAPTER 3.08 AND CHAPTER 3.16 TO THE LAKE
ELSINORE MUNICIPAL CODE REGARDING PURCHASING AND SURPLUS
PROPERTY
City of Lake Elsinore Page 11
City Council Meeting Minutes June 24, 2014
Motion by Council Member Magee, second by Council Member Tisdale, to waiver further
reading and adopt by title only Ordnance NO. 2014 -1328. City Clerk Bloom read the title of
ORDINANCE NO. 2014 -1328 AN ORDINANCE OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, AMENDING CHAPTER 3.08 AND CHAPTER 3.16 TO THE LAKE ELSINORE
MUNICIPAL CODE REGARDING PURCHASING AND SURPLUS PROPERTY, passed by
unanimous roll -call vote as follows:
AYES : Council Member Magee, Council Member Tisdale, Council Member Hickman,
Mayor Pro Tern Manos, and Mayor Johnson
NOES : None
ABSENT: None
ABSTAIN: None
13) ID# 14 -191 Appointments to the Planning Commission
Attachments: Staff report PC Appointments V2
The Council sub - committee will make its recommendation to the Mayor and
Council for consideration of two (2) full -term appointments to the City's Planning
Commission. A vote will be called for each nomination, and the applicant
receiving the highest number of affirmative votes from the majority of the
Council present shall be appointed to serve on the City's Planning Commission
for a term commencing on July 1, 2014 and ending on June 30, 2018.
City Clerk Bloom provided an overview of the staff report and recommendation to Council.
Council Member Hickman provided an overview of the interview process and recommendation
from the Council Subcommittee to appoint applicants Shelly Jordan and Adam Armit to the
City's Planning Commission. Council Member Magee also provided an overview of the
selection process of qualified applicants.
Motion by Council Member Hickman, second by Mayor Pro Tern Manos, to appoint Shelly
Jordan and Adam Armit to the Planning Commission, passed by unanimous vote as follows:
AYES : Council Member Hickman, Mayor Pro Tern Manos, Council Member Magee,
Council Member Tisdale, and Mayor Johnson
NOES : None
ABSENT: None
ABSTAIN: None
City of Lake Elsinore Page 12
City Council Meeting Minutes June 24, 2014
14) ID# 14 -192 Joint Report to City Council and Public Financing Authority: Authorizing
the Special Tax Bond Issuance to Refund the Outstanding Bonds
Related to Improvement Area A and Improvement Area C of the City of
Lake Elsinore Community Facilities District No. 2003 -2 (Canyon Hills).
Attachments: 2014 -06 -24 JOINT City Council PFA Staff Report - Bond Issuance
RESOLUTION 2014 - CITY OF LAKE ELSINORE
RESOLUTION 2014 - LAKE ELSINORE PFA
INDENTURE OF TRUST
SECOND SUPPLEMENT TO FISCAL AGENT AGREEMENT
FISCAL AGENT AGREEMENT
ESCROW AGREEMENT 2004 BONDS
ESCROW AGREEMENT 2010 BONDS
PRELIMINARY OFFICIAL STATEMENT
BOND PURCHASE AGREEMENT
CONTINUING DISCLOSURE AGREEMENT
1.) City: Adopt Resolution No. 2014 -046 authorizing the issuance of the bonds
and bond documents.
2.) Public Financing Authority (PFA): Adopt Resolution No. PFA- 2014 -001
authorizing the issuance of bonds and bond documents.
Administrative Services Director introduced Michael Bush, CEO of Urban Futures, Inc. Mr.
Bush provided a joint overview of the refunding of Community Facilities District 2003 -2 for
Canyon Hills and municipal bond market to City Council and Public Finance Authority.
Motion by Council Member Hickman, second by Council Member Magee, to adopt Resolution
No. 2014 -046 authorizing the issuance of the bonds and bond documents, passed by
unanimous vote as follows:
AYES Council Member Hickman, Council Member Magee, Council Member Tisdale,
Mayor Pro Tern Manos, and Mayor Johnson
NOES : None
ABSENT: None
ABSTAIN: None
Motion by Finance Authority Member Manos, second by Finance Authority Member Magee, to
adopt Resolution No. PFA- 2014 -001 authorizing the issurance of bonds and bond documents,
passed by unanimous vote as follows:
AYES : Authority Member Manos, Authority Member Magee, Authority Member Johnson,
Vice -Chair Tisdale, and Chair Hickman
NOES : None
ABSENT: None
ABSTAIN: None
City of Lake Elsinore Page 13
City Council Meeting Minutes June 24, 2014
PUBLIC COMMENTS
John Larson, Board Member of Studio 395, invited Council, City Staff, and the public to attend
an Art Awareness Campaign "Who is Jon Seri" on June 29th from 10 a.m. to 4 p.m. at El
Cariso Village in Lake Elsinore.
CITY MANAGER COMMENTS
City Manager Yates stated that he is extremely proud to be part of this community and
organization. City Manager Yates announced that staff received an email from a member of
the community expressing gratitude for the improvement and progress in the City.
CITY ATTORNEY COMMENTS - None
CITY COUNCIL COMMENTS
Council Member Hickman wished everyone a good 4th of July and asked the public to be
safe. He thanked Public Works staff for their work at the intersection of Railroad Canyon
Road and Grape Street. Council Member Hickman announced that Jack Pollock passed
away.
Council Member Magee announced that staff, in cooperation with McMillin Homes, fixed the
dip at the intersection at Diamond Drive and Campbell Street. He stated that he voted against
the T.R.I.P. (Total Road Emprovement Program) because he takes the responsiblity of the
City's money seriously, but hopes that the program is successful. Council Member Magee
announced that the Storm team came in 2nd place and has a chance of being in the wild card
and another championship. He announced the Lucas Oil races on June 27th. Council
Member Magee reminded the public to take responsibility in caring for their pets during the
4th of July. He wished Ed and Lynn Magee Happy 53rd Anniversary. Council Member Magee
thanked City staff and Council.
Council Member Tisdale welcomed Planning Commissioners Jordan and Armit. He
requested that the Press Enterprise publish animal shelter information so that pet owners can
located their pets in the event that they get loose during the 4th of July. Council Member
Tisdale stated that he appreciates staff and their hard work. Lastly, he reminded the public to
be safe during the 4th of July and fire season.
Mayor Pro Tem Manos stated that this year the Capital Improvement Plan Budget is right on
track. He appreciates Administrative Director Simpson and his finance team. Mayor Pro Tern
Manos thanked Council for their decorum during the meeting and thanked Rick Morsch for his
4 years of service on the Planning Commission.
City of Lake Elsinore Page 14
City Council Meeting Minutes June 24, 2014
Mayor Johnson welcomed the following new businesses to the City of Lake Elsinore: Afakoric
Inc., Cassandra Marie Herbst, Cole- Schaeffer Ambulance, and Johnson's Auto Service.
Mayor Johnson thanked the finance team and Public Works Department for their work. She
stated that staff is doing a great job of preparation and giving Council a level of confidence to
make decisions. She also stated that she is proud of the City Council. Mayor Johnson
encouraged the public to take advantage of City activities offered through the Community
Services Department and announced the 4th of July Fire works spectacular over the Lake.
ADJOURNMENT
Mayor Johnson adjourned the meeting at 9:17 p.m. in memory of Jack Pollock. The next
regularly scheduled meeting to be held on Tuesday, July 8, 2014, at the Cultural Center
located at 183 N. Main Street, Lake Elsinore, California.
ii Nat9_sh Johnson,
[
Virginia . loo ,City Clerk
City of Lake Elsinore Page 15