Loading...
HomeMy WebLinkAboutItem No. 12 Public Financing Authority MinutesText File City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 19-446 Agenda Date: 1/14/2020 Status: Approval FinalVersion: 2 File Type: Public Financing Authority In Control: City Council / Successor Agency / Public Financing Authority Agenda Number: 12) Page 1 City of Lake Elsinore Printed on 1/9/2020 Page 1 City of Lake Elsinore City of Lake Elsinore Meeting Minutes - Draft Public Financing Authority Tuesday, January 8, 2019 CALL TO ORDER The meeting of the Lake Elsinore Public Financing Authority was held in the Cultural Center, 183 North Main Street, on the above date. The meeting was called to order at 7:41 p.m. by Chair Tisdale. ROLL CALL Present:Authority Members Sheridan, Johnson, Manos, and Magee and Chair Tisdale. Absent:None BUSINESS ITEM 1) Annual Reorganization of the Public Financing Authority to Select the Chair and Vice-Chair – selected and appointed a Chair and Vice-Chair per City Council Policy 200-4. Chair Tisdale yielded the chair to Authority Clerk Mahan to accept nominations for the seat of Chair. It was moved by Member Manos, seconded by Member Magee, and unanimously carried, to elect Chair Tisdale as PFA Chair. Chair Tisdale opened the nomination for the seat of Vice-Chair. It was moved by Chair Tisdale, seconded by Member Magee, and unanimously carried, to elect Member Sheridan as PFA Vice-Chair. ADJOURNMENT There being no further business to come before the Authority, the meeting was adjourned at 7:43 p.m. Brian Tisdale Candice Alvarez, MMC Chair Authority Clerk Page 1 City of Lake Elsinore City of Lake Elsinore Meeting Minutes - Draft Public Financing Authority Tuesday, December 10, 2019 CALL TO ORDER The meeting of the Lake Elsinore Public Financing Authority was held in the Cultural Center, 183 North Main Street, on the above date. The meeting was called to order at 8:02 p.m. by Chair Tisdale. ROLL CALL Present:Authority Members Johnson, Manos, and Magee, Vice-Chair Sheridan and Chair Tisdale. Absent:None LAKE ELSINORE PUBLIC FINANCING AUTHORITY AND CITY COUNCIL BUSINESS ITEM 26)Community Facilities District No. 2005 2 (Alberhill Ranch), Authorizing the Issuance of its Improvement Area A 2019 Special Tax Refunding Bonds and Lake Elsinore Public Financing Authority Authorizing the Issuance of its Local Agency Revenue Refunding Bonds Adopt A RESOLUTION OF THE BOARD OF DIRECTORS OF THE LAKE ELSINORE PUBLIC FINANCING AUTHORITY, RIVERSIDE COUNTY, CALIFORNIA, AUTHORIZING THE ISSUANCE OF ITS LOCAL AGENCY REVENUE REFUNDING BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED SEVEN MILLION FIVE HUNDRED THOUSAND DOLLARS ($7,500,000) AND APPROVING CERTAIN DOCUMENTS AND TAKING CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH. A motion was made by Authority Member Manos, seconded by Authority Member Magee, that this Council Resolution be Adopted. Aye:5 - Authority Member Magee, Authority Member Johnson, Authority Member Manos, Vice-Chair Sheridan, and Chair Tisdale ADJOURNMENT There being no further business to come before the Authority, the meeting was adjourned at 8:12 p.m. Brian Tisdale Candice Alvarez, MMC Chair Authority Clerk