HomeMy WebLinkAboutPFA Min 2010-12-02 Seal Beach, California
December 02, 2010 •
The Seal Beach Public Financing Authority met in special session at 3:30 p.m.
with Chair Sloan calling the meeting to order with Board Member Shanks leading
the Salute to the Flag.
The Special Meeting Notices read as follows:
CALL AND NOTICE OF A SPECIAL MEETING
OF THE SEAL BEACH PUBLIC FINANCING AUTHORITY
TO MEMBERS OF THE BOARD OF DIRECTORS OF THE SEAL BEACH
PUBLIC FINANCING AUTHORITY:
Charles J. Antos - 415 Ocean Avenue, Seal Beach
David W. Sloan - 209 College Park Drive, Seal Beach
Gordon A. Shanks - 215 Surf Place, Seal Beach
Gary A. Miller - 4632 Guava Avenue, Seal Beach
Michael M. Levitt - 1380 Weeburn Road, #81 L, Seal Beach
YOU ARE HEREBY NOTIFIED THAT, pursuant to Section 54956 of the
California Government Code, Chairman David W. Sloan hereby calls a special
meeting of the Seal Beach Public Financing Authority to be convened in the City
Council Chamber, 211 - 8th Street, Seal Beach, California, 90740 on Thursday,
December 2, 2010 at 3:30 p.m. for the purpose of discussing and taking action
on the following item:
RESOLUTION PFA 10 -01: "A RESOLUTION OF THE SEAL BEACH PUBLIC
FINANCING AUTHORITY ESTABLISHING A REGULAR MEETING SCHEDULE
AND ADOPTING CORRECTED AND RESTATED BYLAWS"
Please note that members of the public will be provided an opportunity to directly
address the Board concerning any item described herein before or during
consideration of that item.
Dated this 30th day of November 2010.
/s /David W. Sloan,
Chairman /Mayor
ROLL CALL
Present: Authority Chair Sloan
Authority Board Members Antos, Levitt, Miller, Shanks
Others present: David Carmany, Executive Director
Quinn Barrow, Legal Advisor
Linda Devine, Authority Secretary
APPROVAL OF AGENDA & WAIVER OF FULL READING OF RESOLUTIONS
& ORDINANCES
Shanks moved, second by Levitt, to approve the agenda as presented.
AYES: Antos, Levitt, Miller, Shanks, Sloan
NOES: None Motion carried
RESOLUTION NO. PFA 10 -01 / ESTABLISHING REGULAR MEETINGS
The Chair asked if there was any one present that would like to speak to this item
- there were no speakers.
The Legal Advisor explained that the law has changed since the Finance
Authority last met. Now, the Authority can issue bonds only at a regular
meeting. Prior to the change, the Authority could issue bonds at a special
meeting. So, the purpose of this special meeting is merely for the Authority to
consider the recommendation that the Authority adopt a resolution establishing
regular meetings to run concurrently with. City Council meetings, beginning on
Seal Beach Public Financing Authority
December 13, 2010 and adopt the revised Authority By -Laws (the 2000 By -Laws
needed some minor changes).
Authority members indicated that the by -laws need some clarification as to the
definition of "Members" and "Treasurer ", as well as correcting any reference to
gender. The Legal Advisor stated that in the agreement document it is defined
and that the agreement language will be added to the By -Laws and the Secretary
will go through the document and make any clerical changes.
Shanks moved, second by Antos to adopt Resolution No. PFA 10 -01 entitled "A
RESOLUTION OF THE SEAL BEACH PUBLIC FINANCING AUTHORITY
ESTABLISHING A REGULAR MEETING SCHEDULE AND ADOPTING
CORRECTED AND RESTATED BYLAWS" as amended.
AYES: Antos, Levitt, Miller, Shanks, Sloan
NOES: None Motion carried
ADJOURNMENT
It was the order of the Chair, with consent of the Board, to adjourn the Public
Financing Authority meeting at 3:41 p.m.
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( Aut Ylo/dA rity Secret /City Clerk
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Authority Chair
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City Clerk
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