HomeMy WebLinkAboutItem No. 02 SA MinutesText File
City of Lake Elsinore 130 South Main Street
Lake Elsinore, CA 92530
www.lake-elsinore.org
File Number: ID# 17-713
Agenda Date: 7/10/2018 Status: Consent AgendaVersion: 1
File Type: MinutesIn Control: City Council / Successor Agency
Agenda Number: 2)
Page 1 City of Lake Elsinore Printed on 7/5/2018
City of Lake Elsinore
Meeting Minutes
Successor Agency
Tuesday, June 12, 2018
Call to Order
A Regular meeting of the Successor Agency of the City of Lake Elsinore was held in the Cultural
Center, 183 North Main Streeton the above date. The meeting was called to order at 7:00 p.m. by
Chair Johnson.
Roll Call
Present: Members Hickman, Magee and Tisdale; Vice-Chair Manos and Chair Johnson
Absent: None
Consent Calendar
It was moved by Vice Chair Manos, seconded by Member Tisdale, and unanimously carried, to approve
the Consent Calendar.
1) SA Warrant List Dated May 17, 2018–received and filed.
2) SA Warrant List Dated 5-31-18–received and filed.
3) SA Minutes for the Regular Meeting of May 8, 2018–approvedthe minutes.
4) SA RDA Investment Report for April 2018–received and filed.
Adjournment
The Meeting adjourned at 9:44 p.m. to the Regular meeting of Tuesday, June 26, 2018, at 7:00 p.m. in
the Cultural Center located at 183 N. Main Street, Lake Elsinore.
Natasha Johnson Susan M. Domen
Chair Clerk
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City of Lake Elsinore
Successor Agency
Regular Meeting Minutes
Tuesday, June 26, 2018
Call to Order
A Regular meeting of the Successor Agency 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 5:00 p.m. by
ChairJohnson, noting the absence of MemberHickman. There being no members of the public
appearing to speak, the meeting recessed at 5:01 p.m. to Closed Session.
Successor Agency Closed Session
1) CONFERENCE WITH LEGAL COUNSEL --ANTICIPATED LITIGATION
Initiationof litigation pursuant to paragraph (4) of subdivision (d) of Section 54956.9: 1 potential case
Reconvene
The meeting reconvened at 7:00 p.m.
Roll Call
Present: Members Magee and Tisdale; Vice-ChairManos and ChairJohnson
Absent: Member Hickman
Closed Session Report
Agency CounselLeibold listed the items discussed and stated there was no reportable action.
Public Comments
There were no members of the public appearing to speak.
Successor Agency Consent Calendar
It was moved by Vice-ChairManos, seconded by MemberTisdale, and unanimously carried noting the
absence of Member Hickman, to approve the Consent Calendar.
13) SA RDA Investment Report for May 2018–Received and filed.
14) SA Warrant List Dated June 14, 2018–Received and filed.
15) SA Minutes of the Canceled Meeting of May 22, 2018–Approved the minutes.
16) Stadium Operations, Maintenance & Management–Adopted the Resolutions.
Resolution No. 2018-008
A RESOLUTION OF THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE
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CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING AN EXTENSION TO RESTATED FIFTH
AMENDMENT TO THE STADIUM INTERIM MANAGEMENT AGREEMENT BETWEEN THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE
ELSINORE AND THE LAKE ELSINORE STORM LP
Resolution No. 2018-009
A RESOLUTION OF THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE
CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING A SECOND RESTATED FIFTH
AMENDMENT TO THE STADIUM INTERIM MANAGEMENT AGREEMENT BETWEEN THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE
ELSINORE AND THE LAKE ELSINORE STORM LP
Adjournment
The Meeting adjourned at 8:39 p.m. to the Regular meeting of Tuesday, July 10, at 7:00 p.m. in the
Cultural Center located at 183 N. Main Street, Lake Elsinore.
Natasha Johnson Susan M. Domen, MMC
Chair Clerk
City of Lake Elsinore
City Council/Successor Agency
JointMeeting Minutes
Tuesday, June 26, 2018
Call to Order
A Jointmeeting of the Counciland the Successor Agencyof 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 7:00
p.m. by Mayor/ChairJohnson.
Roll Call
Present: Council Members/MembersMagee and Tisdale;Mayor Pro-Tem/Vice-ChairManos and
Mayor/ChairJohnson
Absent: Council Member Hickman
Public Comments
There were no members of the public appearing to speak.
City Council/Successor Agency Joint Item
17) Loan Agreement between the City of Lake Elsinore and the Successor Agency of the
Redevelopment Agency of the City of Lake Elsinore
It was moved by Mayor Pro-Tem/Vice ChairManos, seconded by Council Member/Member
Tisdale, and unanimously carriednoting the absence of Council Member Hickman, to approve the
Loan Agreement.
Adjournment
TheMeeting adjourned at 8:39 p.m.
Natasha Johnson Susan M. Domen, MMC
Mayor/Chair City Clerk/Clerk
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City of Lake Elsinore
Public Financing Authority/Successor Agency
JointMeeting Minutes
Tuesday, June 26, 2018
Call to Order
A Jointmeeting of the Public Financing Authorityand the Successor Agency 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 7:00 p.m. by Member/Chair Johnson.
Roll Call
Present: Members/MemberMagee and Chair/Member Tisdale; Member/Vice-Chair Manos and
Member/Chair Johnson
Absent: Member Hickman
Public Comments
There were no members of the public appearing to speak.
Public Financing Authority/Successor Agency Joint Business Item
19) Authorizing the Issuance of Tax Allocation Refunding Bonds to Refund Certain Obligations of the
Former Redevelopment Agency of the City of Lake Elsinore and Approving all Legal Documents
Required Therein
Member/Vice-Chair Manos requested information regarding the2-million-dollar debt service and
how much would be returned to the City.
It was moved byMember/Vice-Chair Manos, seconded by Chair/Member Tisdale, and unanimously
carried, noting the absence of Vice-Chair/Member Hickman, to adopt the Resolutions.
SA Resolution No. 2018-010
A RESOLUTION OF THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE
CITY OF LAKE ELSINORE, CALIFORNIA, AUTHORIZING THE ISSUANCE AND SALE OF TAX
ALLOCATION REFUNDING BONDS TO REFUND CERTAIN OBLIGATIONS OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE AND APPROVING THE FORM
OF A FIRST SUPPLEMENTAL INDENTURE OF TRUST, A FORM ESCROW AGREEMENT, A
FORM BOND PURCHASE AGREEMENT AND A FORM CONTINUING DISCLOSURE
CERTIFICATE AND AUTHORIZING CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH
PFA Resolution No. 2018-001
A RESOLUTION OF THE LAKE ELSINORE PUBLIC FINANCING AUTHORITY AUTHORIZING
THE REFUNDING OF CERTAIN BONDS ISSUED IN CONNECTION WITH THE ACTIVITIES OF
THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA, AND
AUTHORIZING THE DELIVERY OF CERTAIN DOCUMENTS AND THE UNDERTAKING OF
CERTAIN ACTIONS IN CONNECTION THEREWITH
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Adjournment
TheMeeting adjourned at 8:39 p.m.
Natasha Johnson Susan M. Domen, MMC
Member/Chair Secretary/Agency Clerk