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CITY OF ATASCADERO
ATASCADERO PUBLIC FINANCING
AUTHORITY
AGENDA
Tuesday, April 11, 2006
Time: Following Council Meeting that starts at 7:00 P.M.
Atascadero City Hall
6907 El Camino Real, Atascadero, California
ROLL CALL: Chairperson Luna
Vice Chairperson Scalise
Council Member Clay
Council Member O'Malley
Council Member Pacas
APPROVAL OF AGENDA: Roll Call
COMMUNITY FORUM:
BOARD ANNOUNCEMENTS AND REPORTS: (On their own initiative, the
Board Members may make a brief announcem ent or a brief report on their own
activities. Board Members may ask a question for clarification, make a referral
to staff or take action to have staff place a matter of business on a future
agenda. The Board may take action on items listed on the Agenda.)
A. CONSENT CALENDAR:
1. Board Meeting Minutes – November 9, 2004
Board Secretary Recommendation: Board approve the Authority Board
meeting minutes of November 9, 2004. [Board Secretary]
B. ADJOURNMENT
ITEM NUMBER: PFA A - 1
DATE: 04/11/06
PFA 11/09/04 Draft Minutes
Page 1 of 2
CITY OF ATASCADERO
ATASCADERO PUBLIC FINANCING
AUTHORITY
DRAFT 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.
Motion passed 5:0 by a roll-call vote.
COMMUNITY FORUM:
None
PFA 11/09/04 Draft Minutes
Page 2 of 2
BOARD ANNOUNCEMENTS AND REPORTS:
None
A. MANAGEMENT:
1. 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:
_____________________________________________
Grace Pucci, Recording Secretary