HomeMy WebLinkAboutPFA Minutes 110904Approved 4/11/06
CITY OF ATASCADERO
ATASCADERO PUBLIC FINANCING
AUTHORITY
MINUTES
Tuesday, November 9, 2004
Chairperson Luna called the meeting to order at 7 48 p m
ROLL CALL
Present: Board Members Clay, O'Malley, Pacas, Scalise and Chairperson
Luna
Absent: None
Others Present: Board Secretary Marcia McClure Torgerson and Recording
Secretary Grace Pucci
Staff Present: Executive Director Wade McKinney, Assistant City Manager Jim
Lewis, Board Treasurer Rachelle Rickard, Community
Development Director Warren Frace, Public Works Director Steve
Kahn, Community Services Director Brady Cherry, Police Chief
John Couch, Deputy Public Works Director Geoff English,
Redevelopment Specialist Marty Tracey and Interim City Attorney
Tom Gibson
APPROVAL OF AGENDA.
MOTION By Board Member O'Malley and seconded by Vice Chairperson
Scalise to approve the agenda.
Motion passed 5:0 by a roll -call vote.
COMMUNITY FORUM
None
PFA 11/09/04 Minutes
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Approved 4/11/06
BOARD ANNOUNCEMENTS AND REPORTS
None
A. MANAGEMENT
Initial Organizational Items and Purchase/Sale of Redevelopment Bonds
■ Fiscal Impact: No net fiscal impact in cash flow There is an estimated
$12,675,000 expenditure for purchase of the Bonds and an estimated
$12,675,000 in revenues for proceeds from sale of bonds
■ Recommendations Authority Board
1 Adopt the draft Resolution adopting by-laws, adopting a conflict of
interest code, establishing a seal for the authority and directing the filing of
a notice of formation with the Secretary of State and,
2 Adopt the draft Resolution authorizing the purchase and sale of tax
allocation bonds of the Atascadero Community Redevelopment Agency
issued to finance redevelopment activities within and for the benefit of the
Agency's Atascadero Redevelopment Project and approving related
documents and actions
PUBLIC COMMENT — None
MOTION By Board Member O'Malley and seconded by Vice Chairperson
Scalise to adopt the draft Resolution adopting by-laws,
adopting a conflict of interest code, establishing a seal for the
authority and directing the filing of a notice of formation with
the Secretary of State and, adopt the draft Resolution
authorizing the purchase and sale of tax allocation bonds of
the Atascadero Community Redevelopment Agency issued to
finance redevelopment activities within and for the benefit of
the Agency's Atascadero Redevelopment Project and
approving related documents and actions
Motion passed 5.0 by a roll -call vote. (Resolution No. PFA
2004-001 and PFA 2004-002)
B. ADJOURNMENT
Chairperson Luna adjourned the meeting at 7 53 p m
MEETING RECORDED AND MINUTES PREPARED BY
race Pucci, Recording Secretary
PFA 11/09/04 Minutes
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