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HomeMy WebLinkAboutTPFA 01 MINUTES 01-06-03TPFA NO. 1 01-06-03 MINUTES SPECIAL MEETING OF THE TUSTIN PUBLIC FINANCING AUTHORITY CITY OF TUSTIN, CALIFORNIA DECEMBER 16, 2002 7:37 p.m. CALL TO ORDER Agency Present: Agency Absent: Recording Secretary: Others Present: ROLL CALL Chair Jeffery M. Thomas, Chair Pro Tem Tracy Wills Worley, Agency Members Lou Bone, Doug Davert, and Tony Kawashima None Pamela Stoker William A. Huston, Executive Director; Christine Shingleton, Assistant Executive Director; Lois Jeffrey; City Attorney; George Jeffries, City Treasurer; Adene Marks, Director of Human Resources; Tim Serlet, Director of Public Works; Elizabeth Binsack, Director of Community Development; Steve Foster, Chief of Police; Pat Sanchez, Director of Parks and Recreation; Doug Anderson, Senior Project Manager; Joe Meyers, Administrative Services Manager; Dana Kasdan, Engineering Services Manager; Sam Altowaiji, Field Services Manager; Brian Ragland, Water Services Manager; Jim Draughon, Redevelopment Project Manager; Khanh Nguyen, Building Official; Justina Willkom, Associate Planner; JoAnn Kang-Somers, Engineering Aide; and approximately 75 in the audience. None PUBLIC INPUT- Refer to City Council Second Public Input REGULAR BUSINESS (ITEM 1) Adopted Resolutions No. TPFA 02-2 and No. TPFA 02-3 and approved agreements . ISSUANCE AND SALE OF NOTES IN A TOTAL AMOUNT OF SIXTY MILLION DOLLARS ($60,000,000) IN FULL SETTLEMENT OF SAUSD V. CITY It was moved by Bone, seconded by Davert, to A) Adopt the following Resolution No. TPFA 02-2, making an environmental determination under the California Environmental Quality Act ("CEQA") regarding the issuance and sale of the notes: RESOLUTION NO. TPFA 02-2 - A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TUSTIN PUBLIC FINANCING AUTHORITY MAKING AN ENVIRONMENTAL DETERMINATION UNDER THE CALIFORNIA ENVIRONMENTAL QUALITY ACT ("CEQA") REGARDING Minutes -Tustin Public Financing Authority December 16, 2002 - Page 1 THE ISSUANCE AND SALE OF THE NOTES; B) Adopt the following Resolution No. TPFA 02-3, providing for the issuance and sale by the Authority of 2002 Revenue anticipation notes and authorizing and directing certain actions with respect thereto: RESOLUTION NO. TPFA 02-3 - A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TUSTIN PUBLIC FINANCING AUTHORITY PROVIDING' FOR THE ISSUANCE AND SALE BY THE AUTHORITY OF.' 2002 REVENUE ANTICIPATION NOTES AND AUTHORIZING AND DIRECTING. CERTAIN ACTIONS WITH RESPECT THERETO; and C) Approve Agreements with Bond Counsel and Financial Advisor. Motion carried 4-0, Kawashima abstained. ADJOURNMENT - Chair Thomas adjourned the meeting at 7:38 p.m. JEFFERY M. THOMAS, CHAIR PAMELA STOKER, RECORDING SECRETARY Minutes - Tustin Public Financing Authority December 16, 2002 - Page 2