02-0205_SJCPFA_Minutes_Regular MeetingMINUTES
February 5, 2002
SAN JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY
BOARD OF DIRECTORS
Chairman Bathgate called the Regular Meeting of the Board of Directors of the San Juan
Capistrano Public Financing Authority to order at 7:50 p.m. in the City Council Chamber.
ROLL CALL
BOARD MEMBERS PRESENT: Wyatt Hart, David M. Swerdlin, Vice Chairman John S.
Gelff and Chairman Diane Bathgate
BOARD MEMBERS ABSENT: Director Collene Campbell
STAFF PRESENT: George Scarborough, City Manager; Julia Silva, Assistant City
Manager; John Shaw, Legal Counsel; Meg Monahan, Secretary; Cynthia L. Russell,
Executive Director & Finance Director; William M. Huber, Engineering and Building
Director; Al King, Jr., Community Services Director; Lt. Rick Stahr, Chief of Police Services;
and, Dawn Schanderl, Deputy City Clerk.
CONSENT CALENDAR
Board Action: Moved by Director Hart, seconded by Director Swerdlin and carried
unanimously, 4-0-1, to approve item 1 as recommended by Staff.
1. RESOLUTION NO. SJCPFA 02-02-05-01 ADOPTED ENTITLED " RESOLUTION
OF THE SAN JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY FIXING
TIME AND PLACE FOR REGULAR MEETINGS AND PROVIDING THE MANNER
IN WHICH SPECIAL MEETINGS OF THE AUTHORITY MAY BE CALLED,
DIRECTING THE FILING OF A NOTICE OF FORMATION WITH THE
SECRETARY OF STATE, DESIGNATING AN OFFICIAL MEETING ADDRESS,
AND ESTABLISHING THE ORDER OF BUSINESS AND RULES FOR ITS
PROCEEDINGS." (355.15)
BOARD ACTIONS:
C1. RESOLUTION NO. SJCPFA 02-02-05-02 ADOPTED APPROVING ISSUANCE OF
REVENUE CERTIFICATES OF PARTICIPATION BY THE SAN JUAN
CAPISTRANO PUBLIC FINANCING AUTHORITY (355.40)
Project Description: The San Juan Capistrano Public Financing Authority is
authorized to assist with the financing of capital improvements on behalf of the
Capistrano Valley W ater'District. The Board of Directors of the Authority must take
certain actions regarding the bidding and sale of the Certificates of Participation.
SJCPFA Minutes 1 02-05-02
Staff has recommended approving certain documents and authorizing certain acts
in connection with the execution and delivery of an amount, not to exceed
$9,000,000, of revenue Certificates of Participation by the San Juan Capistrano
Public Financing Authority. The date of pricing is anticipated for February 27, 2002.
Written Communications: Report dated February 5, 2002, prepared
by Cynthia L. Russell, Executive Director.
Oral Presentation: Cynthia L. Russell, Executive Director, reviewed the staff
recommendation.
Board Action: Moved by Director Swerdlin, seconded by Director Hart and carried
unanimously, 4-0-1, to adopt RESOLUTION NO. SJCPFA ENTITLED
"RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN JUAN
CAPISTRANO PUBLIC FINANCING AUTHORITY AUTHORIZING THE
EXECUTION AND DELIVERY OF NOT TO EXCEED $9,000,000 REVENUE
CERTIFICATES OF PARTICIPATION , APPROVING THE EXECUTION AND
DELIVERY OF CERTAIN DOCUMENTS AND A PRELIMINARY OFFICIAL
STATEMENT, APPROVING THE TIME AND PLACE FOR TAKING BIDS,
APPROVING THE NOTICE INVITING BIDS AND AUTHORIZING CERTAIN
ACTIONS IN CONNECTION THEREWITH."
ADJOURNMENT
There being no further business, Chairman Bathgate adjourned the meeting at 7:51 p.m.
to Tuesday, June 18, 2002, in the City Council Chamber..
Respectfully submitted,
R. MONAHAN, SECRETARY
Adopted: June 18, 2002
ATTEST:
CHAIRMAN .m
SJCPFA Minutes 2 02-05-02
NOTICE OF SPECIAL MEETING
The San Juan Capistrano Public Finance Authority, California, hereby gives notice that
a Special Meeting will be held on Tuesday, February 5, 2002 at 7:00 p.m. in the City
Council Chamber, 32400 Paseo Adelanto, San Juan Capistrano, California.
Diane Bathgate, Chairm n f the Board
Date: IIRP)flo--a-
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF SAN JUAN CAPISTRANO )
I hereby certify that a copy of the Notice of Special Meeting of the San Juan Capistrano
Public Finance Authority, San Juan Capistrano, California, to be held on Tuesday,
February 5, 2002 at the hour of 7:00 p.m. was mailed and/or notice accepted by
telephone or personally delivery not less than twenty-four hours before the hour of 7:00
p.m. on February 4, 2002 to:
Diane Bathgate, Chairman
John Gelff, Vice Chairman
David M. Swerdlin, Director
Wyatt Hart, Director
Collene Campbell, Director
The Register
Capistrano Valley News
Los Angeles Times
I declare unde penalty
�of�perjury that the foregoing is true and correct.
12 �' v t, --
M4rqfaret R. Monahan, Secretary
S Juan Capistrano Public Finance Authority
Date: ! , Q'U Z-,