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HomeMy WebLinkAbout04-12-2016 City Council MinutesCITY QF ,w=* LAKE ULS>7T' OKE City of Lake Elsinore City Council Meeting Minutes Tuesday, April 12, 2016 Call to Order A Regular meeting of the Council of the City of Lake Elsinore was held in the Cultural Center, 183 North Main Street, on the above date. The meeting was called to order at 5:04 p.m. by Mayor Tisdale with all Members present. There being no members of the public appearing to speak the meeting recessed at 5:04 p.m. to Closed Session. Closed Session CONFERENCE WITH REAL PROPERTY NEGOTIATOR (Gov't Code Section 54956.8) Property: APNs 374 - 174 -013, 374 - 174 -016 Agency negotiator: City Manager Yates Negotiating parties: City of Lake Elsinore and Thomas Anthony Martin DBA The Wreck Under negotiation: Price and terms of payment CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION (Paragraph (1) of subdivision (d) of Gov't Code § 54956.9) Leibold. v. Coon Superior Court Case No. RIC 1603718 CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION (Paragraph (1) of subdivision (d) of Gov't Code § 54956.9) Coon v. Leibold Superior Court Case No. RIC 1603819 CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION (Paragraph (1) of subdivision (d) of Gov't Code § 54956.9) Western Riverside Council of Government vs. City of Lake Elsinore Arbitration - REF# 1120012917 [AALRR- Cerritos.006243.00005] CONFERENCE WITH LEGAL COUNSEL -- ANTICIPATED LITIGATION Significant exposure to litigation pursuant to paragraph (3) of subdivision (d) of Gov't Code Section 54956.9: 1 potential case Call to Order A Regular meeting of the Council of the City of Lake Elsinore was held in the Cultural Center, 183 North Main Street, on the above date. The meeting was reconvened at 7:01 p.m. by Mayor Tisdale. Page 1 Pledge of Allegiance The Pledge of Allegiance to the Flag was led by Mayor Tisdale. Invocation — Moment of Silent Prayer Mayor Tisdale requested a moment of silence. Roll Call Present: Council Members Hickman, Johnson and Manos; Mayor Pro Tern Magee and Mayor Tisdale Absent: None Presentations / Ceremonials Proclamation Declaring April as Donate Life California Month - There was no one in attendance to receive the proclamation. Recognition of the Elsinore High School Boys Basketball City Champions - Mayor Tisdale and Council Member Hickman presented the Mayor's Trophy to the Elsinore High School Boys Basketball team, City Champions. Recognition of the Lakeside High School Girls Basketball City Champions - Mayor Tisdale and Council Member Hickman presented the Mayor's Trophy to the Lakeside High School Girls Basketball team, City Champions. Closed Session Report/City Attorney Comments City Attorney Leibold reported on the Closed Session items from the meeting of March 22, 2016; stating that the Council had unanimously voted to authorize the City Attorney to initiate an action in the Riverside Superior Court in regards to anticipated litigation pursuant to section 54956.9 (4) (d). The action, the defendants, and the other particulars shall, once formally commenced, be disclosed to any person upon inquiry, unless to do so would jeopardize the ability to effectuate service of process on one or more unserved parties; and, reported there was no other action taken. City Attorney Leibold listed the items in Closed Session, for this Council meeting, and stated there is nothing to report out. City Council Comments Council Member Hickman wished a Happy Passover to the Jewish community; announced that the Summerly Golf Course is now open Monday through Sunday and that applications are being accepted to fill three seats on the Planning Commission, the deadline is April 29, 2016, at 4:00 p.m. Council Member Manos announced the Clean Extreme Team event on April 23rd and invited the public to volunteer and participate in the event. Mayor Pro Tern Magee announced Opening Night of Storm baseball at Diamond Stadium on April 14tH the Lucas Oil Off Road Racing Series 2016 Rounds 3 and 4 on April 231 - 24th, at the Lake Elsinore Motorsports Park and the Annual Dream Extreme Fishing Derby on April 301h and May 1St, at the La Laguna Resort and Boat Launch. Page 2 Mayor Tisdale announced the completion of improvements to Whiskers Fishing Beach; noted that the City was victorious for the fifth year at the Reality Rally; announced the Lake Elsinore Community 5K/10K Run and Walk will be on April 16th and the Healthy LE Push -up Contest on April 29th at the Storm Baseball Game. City Manager Comments City Manager Yates introduced the new City Engineer, Brad Fagrell, and Police Chief Hollingsworth who introduced Lieutenant Tyler. Public Comments — Non- Agendized Items Appearing to speak were: Sharon Gallina, Emily Padilla, and Paulie Tehrani. Consent Calendar It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to approve the Consent Calendar. Item No. 7 was removed from the Consent Calendar and is listed below. 1) Warrant List dated March 31, 2016 — received and filed. 2) City Investment_ Reports for December 2015 January 2016 and February 2016 — received and filed. 3) Waived further reading and adopted by title only Ordinance No 2016 - AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE CALIFORNIA AMENDING TITLE 16 OF THE LAKE ELSINORE MUNICIPAL CODE TO ADD CHAPTER 16.22 REGARDING VOLUNTARY MERGER OF CONTIGUOUS PARCELS 4) Amendment No. 1 to Increase Award Amount For Endresen Development a General Contractor Service Agreement - authorized the City Manager to execute Amendment No. 1, increasing the $30,000 Contract to $60,000; and, authorized the City Manager to approve work to be performed not to exceed the contract amount of $60,000. 5) Amendment No. 3 to the Professional Services Agreement with Albert A. Webb Associates — awarded Amendment No. 3 for a Feasibility Study and Road and Bridger District (RBBD) Formation Services; authorized the City Manager to execute Amendment No. 3 to the agreement in an amount not to exceed $124,500; and, appropriated $124,500 in Fund 205, Traffic Impact Fees. 6) Agreements for Contractor Services for the City's Hazardous Vegetation and Rubbish Abatement Program - awarded the agreement to Daniel Broz dba Southwest Fire Protection and Land Management District to provide inspection services; authorized the City Manager to execute the agreement in an amount not to exceed $65,000 per Fiscal Year in 15/16, 16/17 and 17/18; awarded an agreement to Smith Tractor Service, Inc. to provide abatement and clearing services; and, authorized the City Manager to execute the agreement in an amount not to exceed $300,000 per Fiscal Year in 15/16, 16/17 and 17/18. 8) Measure A Independent Accountant's Report for Fiscal Year 2014 -2015 - received and filed. 9) Agreement for the Architectural Services for the Rehabilitation of La Laguna Recreation Vehicle RV Park with STK Architecture INC. - authorized the City Manager to negotiate, approve and Page 3 execute the agreement in an amount not to exceed $399,000.00, for architecture services related to schematic design phase, design development phase and construction document phase for rehabilitation of the La Laguna RV Park; authorized the City Manager to execute the agreement; and, authorized the City Manager to approve change orders up to 10 Percent of the agreement, in the amount of $39,900. 10) Approve and Authorize the City Manager to Execute a Professional Services Agreement PSA with Prostaff LLC for Proiect Management Services on Cit Ca ital Improvement Projects - authorized the City Manager to approve the PSA in an annual amount not to exceed $227,000.00. 11) Residential Design Review No. 2015 -03 A Request for Approval of an Eight (8) Unit Apartment Complex and Related Site Improvements Located at 125 Heald Ave. APN:373- 025 -008 (Applicant: Stanley Lau, Plenty Gold, LLC — adopted the Resolutions. Resolution No. 2016 -027 A RESOLUTION THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, FINDING THAT RESIDENTIAL DESIGN REVIEW NO. 2015 -03 IS CONSISTENT WITH THE WESTERN RIVERSIDE COUNTY MULTIPLE SPECIES HABITAT CONSERVATION PLAN (MSHCP) Resolution No. 2016 -028 A RESOLUTION OF THE CITY OF LAKE ELSINIRE, CALIFORNIA, APPROVING RESIDENTIAL DESIGN REVIEW 2015 -03 FOR THE CONSTRUCTION OF A 6,839 SQUARE FOOT, EIGHT (8) UNIT APARTMENT COMPLEX AND RELATED IMPROVEMENTS LOCATED AT 125 HEALD AVENUE (APN: 373 - 025 -008) 12) Ultimate Right -of -Way and Street Improvements for Diamond Drive in Conjunction with Development Proposals, Applicants NickTavaglione and Steve Semingson — approved the Resolution. Resolution No. 2016 -029 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING THE PRECISE ALIGNMENT FOR THE DIAMOND DRIVE ULTIMATE RIGHT -OF -WAY AND STREET IMPROVEMENTS Item Removed from Consent Calendar 7) Transportation Uniform Mitigation Fee TUMF Review Report for Fiscal Year 2014 -2015 Appearing to speak was: Sharon Gallina It was moved by Mayor Pro Tem Magee, seconded by Council Member Manos, and unanimously carried, to receive and file the report. Public Hearings 13) Annexation No. 1 Into Community Facilities District No. 2015 -2 Maintenance Services for Pardee (TR 36682) The Public Hearing was opened at 7:40 p.m. by Mayor Tisdale. Administrative Services Director Simpson and Bond Counsel Brian Forbath provided the Staff Report. There was no response to the Mayor's invitation to speak. Page 4 City Clerk Domen affirmed that no pieces of correspondence had been received. The Public Hearing was closed at 7:43 p.m. It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to adopt the Resolution. Resolution No. 2016 -030 A RESOLUTION OF THE CITY OF LAKE ELSINORE, CALIFORNIA, CALLING AN ELECTION TO SUBMIT TO THE QUALIFIED ELECTORS THE QUESTION OF LEVYING A SPECIAL TAX WITHIN THE AREA PROPOSED TO BE ANNEXED TO COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (MAINTENANCE SERVICES) (ANNEXATION NO. 1) City Clerk Domen called the Election; announced all ballots were cast; and the Election closed Levying a Special Tax within the area proposed to be annexed to Community Facilities District No. 2015 -2. Clerk Domen then announced the ballot proposition was approved by more than two - thirds of the votes cast. It was moved by Mayor Pro Tern Magee, seconded by Council Member Johnson, and unanimously carried, to adopt the Resolution. Mayor Tisdale announced the adoption of the Resolution certifying the results of the Election; the authorization of the Special Tax for Community Facilities District (CFD) No. 2015 by the qualified Electors to be levied within the territory annexed into CFD 2015; and, the Ordinance related to the levy of the Special Tax within CFD 2015 will be introduced at the next Regular meeting of the City Council. Resolution No. 2016 -031 A RESOLUTION OF THE CITY OF LAKE ELSINORE, CALIFORNIA, DECLARING ELECTION RESULTS FOR COMMUNITY FACILITIES DISTRICT NO. 2015 -2 (MAINTENANCE SERVICES) ANNEXATION NO. 1 14) Annexation of Improvement Area E into Community Facilities District 2003 -2 (Canyon Hills The Public Hearing was opened at 7:46 p.m. by Mayor Tisdale. There was no response to the Mayor's invitation to speak. City Clerk Domen affirmed that no pieces of correspondence had been received. The Public Hearing was closed at 7:47 p.m. It was moved by Council Member Johnson, seconded by Council Member Manos, and unanimously carried, to adopt the Resolutions. Resolution No. 2016 -032 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF THE CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2003 -2 (CANYON HILLS) ANNEXING IMPROVEMENT AREA E INTO COMMUNITY FACILITIES DISTRICT NO. 2003 -2 (CANYON HILLS), AUTHORIZING THE LEVY OF A SPECIAL TAX THEREIN; CALLING AN ELECTION AND APPROVING AND AUTHORIZING CERTAIN ACTIONS RELATED THERETO Resolution No. 2016 -033 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF THE CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2003 -2 (CANYON HILLS) DETERMINING THE NECESSITY OF INCURRING BONDED INDEBTEDNESS IN AN AMOUNT NOT TO EXCEED $3,000,000 WITHIN IMPROVEMENT AREA E OF THE CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT 2003 -2 (CANYON HILLS) AND CALLING AN ELECTION THERIN Page 5 City Clerk Domen called the Election; announced all ballots were cast; and the Election closed for Improvement Area E into Community Facilities District No. 2003 -2. Clerk Domen then announced the ballot proposition was approved by more than two - thirds of the votes cast. It was moved by Council Member Manos, seconded by Council Member Johnson, and carried unanimously, to adopt the Resolution. Resolution No. 2016 -034 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF THE CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT 2003 -2 (CANYON HILLS) CERTIFYING THE ELECTION RESULTS It was moved by Council Member Manos, seconded by Council Member Johnson, and carried unanimously, to waive further reading and introduce by title only the Ordinance. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF THE CITY OF LAKE ELSINORE COMMUNITY FACILITIES DISTRICT NO. 2003 -2 (CANYON HILLS) AUTHORIZING THE LEVY OF SPECIAL TAXES WITHIN IMPROVEMENT AREA E 15) Formation of Community Facilities District No. 2015 -1 (Safety Services of the City of Lake Elsinore The Public Hearing was opened at 7:48 p.m. by Mayor Tisdale. There was no response to the Mayor's invitation to speak. City Clerk Domen affirmed that no pieces of correspondence had been received. The Public Hearing was closed at 7:49 p.m. It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to adopt the Resolution. Resolution No. 2016 -035 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ESTABLISHING COMMUNITY FACILITIES DISTRICT NO. 2015 -1 OF THE CITY OF LAKE ELSINORE (SAFETY SERVICES), AUTHORIZING THE LEVY OF A SPECIAL TAX THEREIN, CALLING AN ELECTION AND APPROVING AND AUTHORIZING CERTAIN ACTIONS RELATED THERETO City Clerk Domen called the Election; announced all ballots were cast; and the Election closed to establish Community Facilities District No. 2015 -01 of the City (Safety Services). Clerk Domen then announced the ballot proposition was approved by more than two - thirds of the votes cast. It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to adopt the Resolution. Resolution No. 2016 -036 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2015 -1 OF THE CITY OF LAKE ELSINORE (SAFETY SERVICES) CERTIFYING ELECTION RESULTS Page 6 It was moved by Council Member Johnson, seconded by Council Member Manos, and unanimously carried, to waive further reading and introduce by title only the Ordinance. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2015 -1 OF THE CITY OF LAKE ELSINORE (SAFETY SERVICES) AUTHORIZING THE LEVY OF SPECIAL TAXES 16) Formation of Community Facilities District 2015 -4 of the City of Lake Elsinore Terracing The Public Hearing was opened at 7:54 p.m. by Mayor Tisdale There were no members of the public appearing to speak. Bond Counsel Brian Forbath explained that by law this is a Landowner Elections because there are no registered voters within the boundaries of the Community Facilities District (CFD). A certificate that certifies there are no registered voters within the boundaries of the CFD is filed in the City Clerk's Department. City Clerk Domen affirmed that no pieces of correspondence had been received. The Public Hearing was closed at 7:56 p.m. It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to adopt the Resolutions. Resolution No. 20.16 -037 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ESTABLISHING COMMUNITY FACILITIES DISTRICT NO. 2015 -4 OF THE CITY OF LAKE ELSINORE (TERRACING), AUTHORIZING THE LEVY OF A SPECIAL TAX THEREIN, CALLING AN ELECTION AND APPROVING AND AUTHORIZING CERTAIN ACTIONS RELATED THERETO Resolution No. 2016 -038 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2015 -4 OF THE CITY OF LAKE ELSINORE (TERRACING) DETERMINING THE NECESSITY TO INCUR BONDED INDEBTEDNESS IN AN AMOUNT NOT TO EXCEED $20,000,000 WITHIN COMMUNITY FACILITIES DISTRICT NO. 2015 -4 OF THE CITY OF LAKE ELSINORE (TERRACING) AND CALLING AN ELECTION THEREIN City Clerk Domen called the Election; announced all ballots were cast; and the Election closed for Community Facilities District No. 2015 -4. Clerk Domen then announced the ballot proposition was approved by more than two- thirds of the votes cast. It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to adopt the Resolution. Resolution No. 2016 -039 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2015 -4 OF THE CITY OF LAKE ELSINORE ( TERRACINA) CERTIFYING ELECTION RESULTS Page 7 It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to waive further reading and introduce by title only the Ordinance. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2015 -4 OF THE CITY OF LAKE ELSINORE (TERRACINA) AUTHORIZING THE LEVY OF SPECIAL TAXES 17) Annexation No. 84. General Plan Amendment (GPA) 2014 -03, and Zone Change (ZC) 2014 -02- A Proposed Annexation of Four Contiguous Parcels Totaling Approximately 160 Acres. APNs 349 - 250 -013 349 -250 -014 349- 250 -015 and 349- 250 -016) (Applicant, Bruce Vinci, RHW, LLC) The Public Hearing was opened at 8:00 p.m. by Mayor Tisdale. Principal Planner Kirk presented the Power Point presentation. There were no Conflict of Interest disclosures by Council. City Clerk Domen affirmed receipt of Proof of Publication and noted that no pieces of correspondence had been received. Ed Sauls, Landowner Representative introduced Applicant Bruce Vinci, Project Planner and Landscape Architect Rick Hume, Project Planner and Landscape Architect, Development Consultant Ed Fitzpatrick, and Vice President Garret Sauls of the Sauls Company; and, noted that the Sauls Company is familiar with the project and it wants to participate. Appearing to speak was: Dee Baulk. Principal Planner Kirk responded to comments from Council and affirmed that Bella Vista was outside the scope of this project and explained the Local Agency Formation Commission (LAFCO) process if the annexation is approved. Mayor Pro Tern Magee encouraged the applicant to provide outreach to City of Canyon Lake Elected Officials and Administrators, the Property Owners Association (POA), and the equestrian community; to work with the Western Riverside County Regional Conservation Authority (RCA) to control access to the property; and, requested consideration of an estate residential component for the project. The Public Hearing was closed at 8:21 p.m. It was moved by Council Member Manos, seconded by Council Member Hickman, and unanimously carried, to adopt the Resolution. Resolution No. 2016 -040 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ADOPTING ADDENDUM NO. 2 TO GENERAL PLAN UPDATE RECIRCULATED PROGRAM ENVIRONMENTAL IMPACT REPORT FOR ANNEXATION NO. 84, GENERAL PLAN AMENDMENT 2014 -03, AND ZONE CHANGE NO. 2014 -02 It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to adopt the Resolution. Resolution No. 2016 -041 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING OF GENERAL PLAN AMENDMENT 2014 -03 SUBJECT TO COMPLETION OF ANNEXATION NO. 84 Page 8 It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to adopt the Resolution. Resolution No. 2016 -042 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING OF PRE - ANNEXATION ZONE CHANGE NO. 2014 -02 SUBJECT TO COMPLETION OF ANNEXATION NO. 84 It was moved by Council Member Manos, seconded by Council Member Johnson, and unanimously carried, to adopt the Resolution. Resolution No. 2016 -043 A RESOLUTION OF THE CITY COUNCIL OF APPROVING PRE ANNEXATION AGREEMENT 84 Business Items THE CITY OF LAKE ELSINORE, CALIFORNIA, AND COMMENCEMENT OF ANNEXATION NO. 18) Adoption of Resolution for CFD 2006 -1 Authorizing the Issuance of its Special Tax Bonds Series 2016A - Improvement Area CC Administrative Services Director Simpson provided the Staff Report. It was moved by Council Member Manos, seconded by Mayor Pro Tern Magee, and unanimously carried, to adopt the Resolution. Resolution No. 2016 -044 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 (SUMMERLY) AUTHORIZING THE ISSUANCE OF ITS SPECIAL TAX BONDS, SERIES 2016A (IMPROVEMENT AREA CC) IN A PRINCIPAL AMOUNT NOT TO EXCEED THREE MILLION DOLLARS ($3,000,000) AND APPROVING CERTAIN DOCUMENTS AND TAKING CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH 19) The Issuance of Lease Revenue Bonds to Finance La Laguna Resort Improvements Administrative Services Director Simpson provided the Staff Report and presented a video of the conceptual plan and amenities of the La Laguna Resort Improvements and reviewed improvements to be accomplished at the La Laguna Resort. It was moved by Council Member Johnson, seconded by Council Member Manos, and unanimously carried, to adopt the Resolutions. Resolution No. 2016 -045 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, PROVIDING CONCEPTUAL APPROVAL FOR PROCEEDING WITH THE ISSUANCE OF LEASE REVENUE BONDS, APPOINTING A FINANCING TEAM WITH RESPECT TO THE PROPOSED FINANCING AND APPROVING CERTAIN ACTIONS IN CONNECTION THEREWITH; and, Resolution No. 2016 -046 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, REGARDING ITS INTENTION TO ISSUE TAX EXEMPT OBLIGATIONS Administrative Services Director Simpson responded to Council Comments explaining security and repayment of bonds. Page 9 Recess /Reconvene The meeting was recessed at 8:56 p.m. to the Regular meeting of the Successor Agency and reconvened at 8:58 p.m., with all Members present. Public Comments — _Won- Agendized Items Appearing to speak was: Ralph D' Errico. Adiournment The meeting adjourned at 9:03 p.m. to the Regular meeting of Tuesday, April 26, 2016, 7:00 p.m. at the Cultural Center located at 183 N. Main Street, in memory of Deborah Bellamy. Brian Tisdale, Mayor Page 10 `C-7 Susan M. Domen, MMC, City �ierk