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HomeMy WebLinkAboutPublic Financing Authority AgendaCity of Lake Elsinore L() KE I I Regular Agenda Public Financing Authority Tuesday, January 27, 2015 CLOSED SESSION - None PUBLIC SESSION at 7:00 P.M. NATASHA JOHNSON, CHAIR DARYL HICKMAN, VICE CHAIR BRIAN TISDALE, AUTHORITY MEMBER STEVE MANOS, AUTHORITY MEMBER ROBERT MAGEE, AUTHORITY MEMBER GRANT YATES, EXECUTIVE DIRECTOR 7:00 PM LAKE- ELSINORE.ORG (951) 674 -3124 PHONE CULTURAL CENTER 183 N. MAIN STREET LAKE ELSINORE, CA 92530 Cultural Center The City of Lake Elsinore appreciates your attendance. Citizens' interest provides the Council and Authority with valuable information regarding issues of the community. Meetings are held on the 2nd and 4th Tuesday of every month. In addition, meetings are televised live on Time Warner Cable Station Channel 29 and Verizon subscribers can view the meetings on Channel 31. If you are attending this Meeting, please park in the parking lot across the street from the Cultural Center. This will assist us in limiting the impact of meetings on the Downtown Business District. Thank you for your cooperation. The agenda is posted 72 hours prior to each meeting outside of City Hall and is available at each meeting. The agenda and related reports are also available at City Hall on the Friday prior to the meeting and are available on the City's website at www.Lake- Elsinore.org. Any writings distributed within 72 hours of the meeting will be made available to the public at the time it is distributed to the Authority. In compliance with the Americans with Disabilities Act, any person with a disability who requires a modification or accommodation in order to participate in a meeting should contact the City Clerk's Department at (951) 674 -3124 Ext. 269, at least 48 hours before the meeting to make reasonable arrangements to ensure accessibility. City of Lake Elsinore Page 1 Printed on 112212015 Public Financing Authority Regular Agenda January 27, 2015 CALL TO ORDER - 7:00 P.M. ROLL CALL PRESENTATIONS / CEREMONIALS - None PUBLIC COMMENTS — NON - AGENDIZED ITEMS — 1 MINUTE (Please read & complete a Request to Address the Authority form prior to the start of the meeting and turn it into the Authority Clerk, The Chair or Clerk will call on you to speak.) CONSENT CALENDAR (All matters on the Consent Calendar are approved in one motion, unless an Authority Member or any member of the public requests separate action on a specific item.) 1) ID# 14434 Approval of Minutes Recommendation: It is recommended that the Authority approve the Minutes as submitted. Attachments: PFA Staff Rpt Minutes for Approval PFA Minutes 1 -13 -2015 PUBLIC HEARING(S) - None APPEAL(S) - None BUSINESS ITEM(S) City of Lake Elsinore Page 2 Primed on 112212015 Public Financing Authority Regular Agenda January 27, 2015 2) TMP -651 Adoption of Resolution by the City Council Acting as the Legislative Body of Community Facilities District No. 2006 -1 (Summerly) in Connection with the Issuance of Special Tax Bonds by Such Community Facilities District for Improvement Area B; and Adoption of Resolution by the Public Financing Authority in Connection with the Issuance of Special Tax Bonds by the Aforementioned Community Facilities District Recommendation: 1.) City: Adopt City Resolution No. 2015 -007 Approving the execution and deliver of a bond purchase agreement and continuing disclosure agreement, and authorizing the taking of other actions related to the issuance of bonds of Community Facilities District No. 2006 -1 for Improvement Area B, and 2.) Public Finance Authority (PFA): Adopt Resolution No. PFA- 2015 -002 Approving the official statement and approving the execution and delivery of a bond purchase agreement and continuing disclosure agreement, and authorizing the taking of other actions related to the issuance of bonds of the PFA. Attachments: PFA CFD 2006 -01 Staff Reoort PFA CFD 2006 -1 Citv Reso PFA CFD 2006 -1 Authority Reso PFA CFD 2006 -1 Bond Purchase Agreement PFA CFD 2006 -1 Continuinq Disclosure Aareement PFA CFD 2006 -1 Preliminary Official Statement AUTHORITY MEMBER COMMENTS ADJOURNMENT The Chair of the Public Financing Authority of the City of Lake Elsinore will adjourn this meeting to the next regularly scheduled meeting. AFFIDAVIT OF POSTING I, Virginia J. Bloom, Authority Clerk, do hereby affirm that a copy of the foregoing agenda was posted at City Hall 72 hours in advance of this meeting. Virginia Bloom, Authority Clerk City of Lake Elsinore Page 3 Printed on 112212015