04-0615_SJCPFA_Minutes_Regular MeetingMINUTES
June 15, 2004
SAN JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY
BOARD OF DIRECTORS
Chairman Soto called the Regular Meeting of the Board of Directors of the San Juan
Capistrano Public Financing Authority to order at 9:03 p.m.
ROLL CALL
BOARD MEMBERS PRESENT: Chairman Soto, Vice Chairman Hart and Directors
Allevato, Bathgate and Swerdlin present.
BOARD MEMBERS ABSENT: None
STAFF PRESENT: David Adams, Executive Director; Cynthia L. Russell, Treasurer;
Meg Monahan, Secretary; and Eileen White, Recording Secretary.
CONSENT CALENDAR
Moved by Director Swerdlin, seconded by Director Bathgate, and carried unanimously,
5-0, to approve items 1 and 2 as recommended by staff.
1. MINUTES OF THE ,LUNE 17, 2003, REGULAR MEETING OF THE SAN JUAN
PUBLIC FINANCING AUTHORITY APPROVED WITH THE FOLLOWING
REVISION:
Page 1, under Consent Calendar - Board Action, replace "Director Campbell"
with "Director Gelff'
2. RESOLUTION NO. SJCPFA 04-06-15-01 ENTITLED "A RESOLUTION OF THE
BOARD OF DIRECTORS OF THE SAN JUAN CAPISTRANO PUBLIC
FINANCING AUTHORITY AUTHORIZING THE EXECUTIVE DIRECTOR AND
,TREASURER TO DEPOSIT, WITHDRAW AND REINVEST BOND PROCEEDS
AND REPEALING RESOLUTION NO. SJCPFA 03-06-17-01" ADOPTED.
(320.10)
BOARD ACTIONS
1. RESOLUTION NO. SJCPFA 04-06-15-02 ADOPTED APPROVING THE SAN
JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY FISCAL YEAR 2004-
2005 BUDGET (330.20)
Description: Staff has prepared a proposed budget reflecting the principal and
interest payments due and related debt administration costs for FY 2004-2005.
Staff recommended the Board adopt the Resolution approving the budget,
1 6-15-2004
Written Communications: Report dated June 15, 2004, by Cynthia L. Russell,
Treasurer.
Presentation: Cynthia L. Russell, Treasurer, briefly reviewed the staff
recommendation.
Board Action: Moved by Director Swerdlin, seconded by Director Bathgate
and carried unanimously, 5-0 to adopt Resolution No. SJCPFA 04-06-15-02
entitled "A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN
JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY, ADOPTING THE
FISCAL YEAR 2004/2005 BUDGET AND AUTHORIZING EXPENSES AND
APPROPRIATIONS RELATED THERETO"
ADJOURNMENT
There being no further business, Chairman Soto adjourned the meeting at 9:05 p.m. to
Tuesday, June 21, 2005, at 7:00 p.m. in the City Council Chamber.
Respectfully submitted,
AR ARET R. MONAHAN, SECRETARY
Approved: q,� f 3j Z
ATTE,9T.•
CHAIRMAN /JOE SCITO
6-15-2004