2013-02-13MINUTES OF THE ENCINITAS PUBLIC FINANCING AUTHORITY
FEBRUARYI3, 2013, 6:00 P.M., 505 SOUTH VULCANAVENVE
CALL TO ORDER/ROLL CALL
Chairperson Barth called the meeting to order at 9:53 P.M.
Present: Chairperson Teresa Arballo Barth, Vice Chairperson Lisa Shaffer, Board Members
Kristin Gaspar, Tony Kranz and Mark Muir.
Absent: None.
Also Present: Executive Director Vina, City Attorney Sabine, Finance Director Nash, Finance
Manager Lembach, Board Secretary Hollywood and Deputy Board Secretary
Bingham.
There being a quorum present, the meeting was in order.
AGENDA ITEMS
1. Authorize the issuance of up to $8,000,000 (par value) of lease revenue bonds (the
"2013 Bonds") to fund a portion of the capital improvements to the Encinitas
Community Park site. Contact Person: Finance Manaeer Lembach.
STAFF RECOMMENDATION: Adopt Resolution 2013-01 - A Resolution of
the Board of Directors of the Encinitas Public Financing Authority authorizing
the issuance of its Revenue Bonds in the original principal amount of not to
exceed $8,000,000 in connection with the financing of City park improvements,
authorizing and directing execution of an Indenture of Trust and a Lease
Agreement, authorizing a Notice of Sale and an Official Statement and
authorizing official actions and execution of related documents.
Andrew Audet spoke.
ACTION:
Muir moved, Shaffer seconded to extend the meeting to 10:15 P.M. Motion carried. Ayes:
Barth, Gaspar, Kranz, Muir, Shaffer. Nays: None.
ACTION:
Shaffer moved, Kranz seconded to adopt Resolution 2013-01, "A Resolution of the Board of
Directors of the Encinitas Public Financing Authority authorizing the issuance of its Revenue
Bonds in the original principal amount of not to exceed $8,000,000 in connection with the
financing of City park improvements, authorizing and directing execution of an Indenture of
Trust and a Lease Agreement, authorizing a Notice of Sale and an Official Statement and
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authorizing official actions and execution of related documents. Motion carried. Ayes:
Barth, Gaspar, Kranz, Muir, Shaffer. Nays: None.
ADJOURNMENT
Chairperson Barth adjourned the meeting at 10:00 P.M.
NOTE: These minutes have been approved by the current members of the Encinitas Public
Financing Authority at its meeting held on June 23, 2021.
Kathy Hollywood, oard Secretary
By: Claudia Bingham
Deputy Board Secretary
Catherine S. Blakespear
Chairperson
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