FA 2002 12-10
CITY OF POWAY, CALIFORNIA
MINUTES OF THE POWAY PUBLIC FINANCING AUTHORITY
"..-. REGULAR MEETING
DECEMBER 1 0, 2002
The December 10, 2002, regular meeting of the Poway Public Financing
Authority was called to order at 7:00 p.m., by Chairman Cafagna at the Poway
Community Library - Meeting Room, 13137 Poway Road, Poway, California.
DIRECTORS ANSWERING ROLL CALL
Bob Emery, Jay Goldby, Don Higginson, Betty Rexford, Mickey Cafagna
STAFF MEMBERS PRESENT
James Bowersox Executive Director
Warren Shafer Assistant Executive Director
Lori Anne Peoples Secretary
PLEDGE OF ALLEGIANCE
Vice Chairwoman Rexford led the Pledge of Allegiance.
PUBLIC ORAL COMMUNICATIONS
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Chairman Cafagna explained the procedure for Public Oral Communications.
There was no one present wishing to speak.
ITEM 2A (405-01)
AUTHORIZATION
2002 CERTIFICATES OF PARTICIPATION
PORTION OF CITY OFFICE BUILDING PROJECT
POWAY PUBLIC FINANCING AUTHORITY
Staff report by Executive Director Bowersox. This request, if approved, will
increase the issuance of the Certificates of Participation for the City Office
Building Project to a maximum of $20,000,000 from $15,000,000 initially
approved by the Council/Poway Public Financing Agency on October 8, 2002.
There was no one present wishing to speak.
.
Motion by Director Goldby, seconded by Director Emery, to adopt Resolution No.
F-02-03, entitled, "A Resolution of the Board of Directors of the Poway Public
Financing Authority Authorizing the Preparation, Sale and Delivery of Not to
Exceed $20,000,000 Principal Amount of 2002 Certificates of Participation (City
- Office Project) and Approving Certain Documents and Authorizing Certain
Actions in Connection Therewith and Rescinding Resolution No. F-02-02."
Motion carried 4-1 with Vice Chairwoman Rexford voting "no."
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Page 2 - POWAY PUBLIC FINANCING AUTHORITY - December 10, 2002
ADJOURNMENT
,..-
Chairman Cafagna adjourned the meeting at 10:21 p.m. on motion by Director
Emery, seconded by Director Higginson.
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