Item 7 - Waiver of Annual Meeting for the Poway Public Financing Authority AGENDA REPORT SUMMARY
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TO: Honorable Mayor and Members of the City Council
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FROM: James L. Bowerso ,�it
ity CManag a \� .N ,Eco°�
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INITIATED BY: Lori Anne Peoples, C y Clerk
DATE: January 19, 1999
SUBJECT: Waiver of Annual Meeting for the Poway Public Financing Authority
ABSTRACT
Pursuant to the provisions of the Bylaws, it is recommended that the Poway Public Financing
Authority, adopt a resolution waiving the requirement for its annual meeting.
ENVIRONMENTAL REVIEW
None required.
FISCAL IMPACT
None.
ADDITIONAL PUBLIC NOTIFICATION AND CORRESPONDENCE
None.
RECOMMENDATION
It is recommended that the Poway Public Financing Authority adopt the attached resolution
waiving the requirement for an annual meeting. H
ACTION Adopted Resolution No. F-99-01, 5-0. 81CL; Qpe,,p,
Lor' Anne Peoples, City Clerk
JAN 1 9 1999 ITEM 7 11
RESOLUTION NO. F-99-01
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE POWAY PUBLIC FINANCING AUTHORITY WAIVING ITS ANNUAL MEETING
WHEREAS, The Poway Public Financing Authority (the "Authority") was created on October
8, 1991, pursuant to the Marks-Roos Local Bond Pooling Act of 1985 and pursuant to Resolution No. 91-116 of
the City of Poway (the "City") and Resolution No. R-91-16 of the Poway Redevelopment Agency (the "Agency");
and
WHEREAS, the Board of Directors of the Authority (the "Board"), having determined that no
necessity currently exists for conducting an annual meeting of the Board, desires, pursuant to the terms of that
certain Joint Powers Agreement by and between the City and the Agency executed on October 29, 1991, to waive
its annual meeting requirement.
NOW THEREFORE BE IT RESOLVED, by the Board of Directors of the Poway Public
Financing Authority as follows:
Section 1. The foregoing statements are true and correct.
Section 2. The Board hereby waives the requirement of an annual meeting of the Board
and determines that, hereafter, all meetings of the Board shall be held only as and when the Board determines
in its sole discretion that the necessity therefor exists.
PASSED, ADOPTED AND APPROVED, by the Poway Public Financing Authority of the City
of Poway, California, at a meeting thereof this 19th day of January, 1999.
ATTEST: Michael P. Cafagna, Chairman
Lori Anne Peoples, Secretary
STATE OF CALIFORNIA )
ss.
COUNTY OF SAN DIEGO )
I, Lori Anne Peoples, Secretary of the Poway Public Financing Authority, do hereby certify
under penalty of perjury that the foregoing Resolution No. F-99-01 was duly adopted by the Poway Public
Financing Authority at a meeting of said agency held on the 19th day of January, 1999, and that it was so adopted
by the following vote:
AYES:
NOES:
•
ABSTAIN:
ABSENT:
Lori Anne Peoples, Secretary
Poway Public Financing Authority
3 of 3 JAN 1 9 1999 ITEM 7 •
RESOLUTION NO. F-99-01
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE POWAY PUBLIC FINANCING AUTHORITY WAIVING ITS ANNUAL MEETING
WHEREAS, The Poway Public Financing Authority (the "Authority") was created on October
8, 1991, pursuant to the Marks-Roos Local Bond Pooling Act of 1985 and pursuant to Resolution No. 91-116 of
the City of Poway (the "City") and Resolution No. R-91-16 of the Poway Redevelopment Agency (the "Agency");
and
WHEREAS, the Board of Directors of the Authority (the "Board"), having determined that no
necessity currently exists for conducting an annual meeting of the Board, desires, pursuant to the terms of that
certain Joint Powers Agreement by and between the City and the Agency executed on October 29, 1991, to waive
its annual meeting requirement.
NOW THEREFORE BE IT RESOLVED, by the Board of Directors of the Poway Public
Financing Authority as follows:
Section 1. The foregoing statements are true and correct.
Section 2. The Board hereby waives the requirement of an annual meeting of the Board
and determines that, hereafter, all meetings of the Board shall be held only as and when the Board determines
in its sole discretion that the necessity therefor exists.
PASSED, ADOPTED AND APPROVED, by the Poway Public Financing Authority of the City
of Poway, California, at a meeting thereof this 19th day of January, 1999.
ATTEST: — ilirch7r' _.n:, Chairman
l7 lel. I�VN.1�1 ��
Lor Anne Peoples, Secretkry
STATE OF CALIFORNIA )
ss.
COUNTY OF SAN DIEGO )
I, Lori Anne Peoples, Secretary of the Poway Public Financing Authority, do hereby certify
under penalty of perjury that the foregoing Resolution No. F-99-01 was duly adopted by the Poway Public
Financing Authority at a meeting of said agency held on the 19th day of January, 1999, and that it was so adopted
by the following vote:
AYES: EMERY, GOLDBY, HIGGINSON, REXFORD, CAFAGNA
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Lor-Anne Peoples, Secretary
Poway Public Financing Authority
r 0
RESOLUTION NO. F-01-01 •
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE POWAY PUBLIC FINANCING AUTHORITY WAIVING ITS ANNUAL
MEETING
WHEREAS, The Poway Public Financing Authority (the "Authority")was created on
October 8, 1991 , pursuant to the Marks-Roos Local Bond Pooling Act of 1985 and
pursuant to Resolution No. 91-116 of the City of Poway (the "City") and Resolution No. R-
91-16 of the Poway Redevelopment Agency (the "Agency");
WHEREAS, the Board of Directors of the Authority (the "Board"), having determined
that no necessity currently exists for conducting an annual meeting of the Board, desires,
pursuant to the terms of that certain Joint Powers Agreement by and between the City and
the Agency executed on October 29, 1991, to waive its annual meeting requirement.
NOW THEREFORE BE IT RESOLVED, by the Board of Directors of the Poway
Public Financing Authority as follows:
Section 1. The foregoing statements are true and correct.
Section 2. The Board hereby waives the requirement of an annual meeting of the
Board and determines that, hereafter, all meetings of the Board shall be held only as and
when the Board determines in its sole discretion that the necessity therefore exists.
PASSED, ADOPTED AND APPROVED, by the Poway Public Financing Authority of
the City of Poway, California, at a meeting thereof this 9th day of January, 2001 .
dal Ai
id
Michael P. C. f. hairman
ATTEST:
110 A
ClY5't J- ' • , v ..
Loti Anne Peoples, Secr-tary
• I
Resolution No. F-01-01
Page 2
STATE OF CALIFORNIA )
ss.
COUNTY OF SAN DIEGO )
I, Lori Anne Peoples, Secretary of the Poway Public Financing Authority, do hereby
certify under penalty of perjury that the foregoing Resolution No. F-01-01 was duly adopted
by the Poway Public Financing Authority at a meeting of said agency held on the 9th day of
January, 2001 , and that it was so adopted by the following vote:
AYES: EMERY, GOLDBY, HIGGINSON, REXFORD, CAFAGNA
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
qIA. a N.r.
Lor Anne Peoples, Secret ry
Poway Public Financing Authority