HomeMy WebLinkAbout08-07-1986 RDAMINUTES
ADJOURNED SPECIAL MEETING
REDEVELOPMENT AGENCY
CITY OF LAKE ELSINORE
130 SOUTH MAIN STREET
LAKE ELSINORE, CALIFORNIA
THURSDAY, AUGUST 7, 1986
1. CALL ^O ORDER
The Adjourned Special Meeting of the Lake Elsinore Redevelop-
ment Agency was called to order by Chairman Matson at 6:30 p.m.
2. ROLL CALL
PRESENT: BOARDMEMBERS:
ABSENT: BOARDMEMBERS:
MATSON, STRIGOTTE, WINKLER
DOMINGUEZ, VERMILLION
Also present were: Assistant City Manager Gilbert,
City Treasurer Graves, Administrative Services Director
Barrick and Deputy City Clerk Bryning.
3. BUSINESS ITEMS
A. Redevelopment Agency Tax Allocation Bond Issue -
Project Area No. II.
1) Resolution No. CRA 86-4 - Authorizing the issuance
of $3,750,000 principal amount of Tax Allocation
Bonds, Series 1986, Rancho Laguna Redevelopment
Project Area No. II.
RESOLUTION NO. CRA 86-4
RESOLUTION OF THE REDEVELOPMENT AGENCY
OF THE CITY OF LAKE ELSINORE, RIVERSIDE
COUNTY, CALIFORNIA, AUTHORIZING THE
ISSUANCE OF $3,750,000 PRINCIPAL AMOUNT
OF TAX ALLOCATION BONDS, SERIES 1986,
RANCHO LAGUNA REDEVELOPMENT PROJECT
AREA NO. II.
MOVED BY WINKLER, SECONDED BY MATSON AND CARRIED
UNANIMOUSLY TO APPROVE RESOLUTION NO. CRA 86-4
WITH THE AMENDMENT OF AMOUNT TO READ $3,600,000.
2) Resolution No. CRA 86-5 - Approving Official
Notice of sale of Bonds and Official Statement
incident to issuance of Tax Allocation Bonds in
the principal amount of $3,750,000 for Rancho
Laguna Redevelopment Project Area No. II and
authorizing and directing certain actions with
respect thereto.
RESOLUTION NO. CRA 86-5
RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF LAKE ELSINORE, RIVERSIDE COUNTY,
CALIFORNIA, APPROVING OFFICIAL NOTICE OF SALE
OF BONDS AND OFFICIAL STATEMENT INCIDENT TO
ISSUANCE OF TAX ALLOCATION BONDS IN THE PRINCI-
PAL AMOUNT OF $3,750,000 FOR RANCHO LAGUNA
REDEVELOPMENT PROJECT AREA NO. II AND AUTHOR-
IZING AND DIRECTING CERTAIN ACTIONS WITH
RESPECT THERETO.
Page two
Adjourned Special Meeting
August 7, 1986
MOVED BY WINKLER, SECONDED BY STRIGOTTE AND
CARRIED UNANIMOUSLY TO APPROVE RESOLUTION NO.
CRA 86-5 WITH THE AMENDMENT OF THE AMOUNT TO
READ $3,600,000.
3) Resolution No. CRA 86-6 - Designating a fiscal
agent incident to issuance of Tax Allocation Bonds
in the principal amount of $3,750,000 for Rancho
Laguna Redevelopment Project Area No. II.
RESOLUTION NO. CRA 86-6
RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF LAKE ELSINORE, RIVERSIDE COUNTY,
CALIFORNIA, DESIGNATING A FISCAL AGENT INCI-
DENT TO ISSUANCE OF TAX ALLOCATION BONDS IN
THE PRINCIPAL AMOUNT OF $3,750,000 FOR RANCHO
LAGUNA REDEVELOPMENT PROJECT AREA NO. 17.
MOVED BY WINKLER, SECONDED BY STRIGOTTE AND
CARRIED UNANIMOUSLY TO APPROVE RESOLUTION NO.
CRA 86-6 WITH THE AMENDMENT OF THE AMOUNT TO
READ $3,600,000.
ADJOURNMENT
MOVED BY WINKLER, SECONDED BY STRIGOTTE AND CARRIED
UNANIMOUSLY TO ADJOURN THE ADJOURNED SPECIAL MEETING
OF THE REDEVELOPMENT AGENCY AT 6:33 P.M.
/JOHN MATSON, CHAIRMAN
REDEVELOPMENT AGENCY
Respectfully submitted,
Adria L. Bryning, De "ty Cdtf7 Clerk