06-0620_SJCPFA_Minutes_Regular Meeting1
MINUTES
June 20, 2006
SAN JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY
BOARD OF DIRECTORS
Chairman Swerdlin called the Regular Meeting of the Board of Directors of the San
Juan Capistrano Public Financing Authority to order at 8:11 p.m.
ROLL CALL
BOARD MEMBERS PRESENT: Chairman Swerdlin, Vice Chairman Allevato, and
Directors Bathgate, Hart, and Soto present.
BOARD MEMBERS ABSENT: None
STAFF PRESENT: David Adams, Executive Director; Cindy Russell, Treasurer; Meg
Monahan, Secretary; and Eileen White, Recording Secretary.
CONSENT CALENDAR — None
BOARD ACTIONS
1. RESOLUTION NO. SJCPFA 06-06-20-01 ADOPTED APPROVING THE SAN
JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY FISCAL YEAR 2006-
2007 BUDGET. (330.20)
Description: The San Juan Capistrano Public Financing Authority Budget
reflects the principal and interest payments due on the Certificates of
Participation issued to finance certain capital improvement projects and related
debt administration costs for the coming year. Staff recommended the Board
adopt a resolution approving the San Juan Capistrano Public Financing Authority
Fiscal Year 2006/2007 Budget.
Written Communications: Report dated June 20, 2006, by Cindy Russell,
Treasurer.
Presentation: Cindy Russell, Treasurer, reviewed the staff recommendation.
Board Action: Moved by Vice Chairman Allevato, seconded by Director
Hart, and carried unanimously, 5-0, to adopt Resolution No. SJCPFA 06-06-20-
01 entitled "A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN
JUAN CAPISTRANO PUBLIC FINANCING AUTHORITY, ADOPTING THE
FISCAL YEAR 2006/2007 BUDGET AND AUTHORIZING EXPENSES AND
APPROPRIATIONS RELATED THERETO."
6-20-2006
ADJOURNMENT
There being no further business, Chairman Swerdlin adjourned the meeting at 8:13 p.m.
to Tuesday, June 19, 2007, at 7:00 p.m. in the City Council Chamber.
Respectfully sub itt ,
M RG RET R. MONAHAN, SECRETARY
: July 18, 2006
ATTE
r
CHAIRMAN DAVID M. SWERDLIN
2 6-20-2006