HomeMy Public PortalAbout10-04-2005LPFAThru Agenda contams a brief general descnpt~on of each ~tem to be considered Copies of the Staff
reports or other written documentation relating to each item of busmess referred to on the Agenda are on
file ~n the Offme of the C~ty Clerk and are available for pubhc inspection A person who has a question
concem/ng any of the agenda items may call the C~ty Manager at (310) 603-0220, ext 200
Procedures for Addressing the Council
IN ORDER TO EXPEDITE CiTY COUNCIL BUSINESS, WE ASK THAT ALL PERSONS WISHING TO
ADDRESS THE COUNCIL FILL OUT A FORM PROVIDED AT THE DOOR, AND TO TURN IT IN TO
THE CITY CLERK PRIOR TO THE START OF THE MEETING FAILURE TO FILL OUT SUCH A FORM
WILL PROHIBIT YOU FROM ADDRESSING THE COUNCIL IN THE ABSENCE OF THE UNANIMOU~
CONSENT OF THE COUNCIL '~" ' ~*A\'.~ ~ O~J~~u~
AGENDA ITEMS ON FILE FOR CONSIDERATION
AT THE REGULAR MEETING OF
THE LYNWOOD PUBLIC FINANCE AUTHORITY
TO BE HELD ON OCTOBER 4, 2005
500PM
COUNCIL CHAMBERS
11330 BULLIS ROAD, LYNWOOD, CA 90262
MARIA T SANTILLAN
VICE PRESIDENT
RAMON RODRIGUEZ
PRESIDENT
ClTYQr 'vNW00D
SEP 2 9 2005
A
FERNANDO PEDROZA
MEMBER
LOUIS BYRD
MEMBER
LETICIAVASQUEZ
MEMBER
CHIEF ADMINISTRATIVE OFFICER
N ENRIQUE MARTINEZ
INTERIM FINANCE DIRECTOR
CHRISTY VALENCIA
SECRETARY
ANDREAL HOOPER
CITY TREASURER
IRIS PYGATT
3
OPENING CEREMONIES
CALL TO ORDER
ROLL CALL OF MEMBERS
Louis Byrd
Fernando Pedroza
Lebc~a Vasquez
Mana T Santdlan
Ramon Rodnguez
CERTIFICATION OF AGENDA POSTING BY SECRETARY
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
PUBLIC ORAL COMMUNICATIONS
IF AN ITEM IS NOT ON THE AGENDA, THERE SHOULD BE NO SUBSTANTIAL DISCUSSION
OF THE ISSUE BY THE LYNWOOD PUBLIC FINANCE AUTHORITY, BUT IT IS ALL RIGHT
FOR THE LYNWOOD PUBLIC FINANCE AUTHORITY MEMBERS TO REFER THE MATTER TO
THE STAFF OR SCHEDULE SUBSTANTIVE DISCUSSION FOR A FUTURE MEETING
(The Ralph M Brown Act, Government Code Section 54954 2 (al)
CONSENTCALENDAR
All matters listed under the Consent Calendar wilt be acted upon by one motion affirming the action
recommended on the agenda There w~ll be no separate d~scuss~on on these ~tems pr*or to vobng
unless members of the Authority or staff request specific ~tems be removed from the Consent
Calendar for separate acbon
MINUTES OF PREVIOUS MEETINGS
Regular Meeting - September 20, 2005
ADJOURNMENT
THE NEXT REGULARLY SCHEDULED MEETING WILL BE HELD ON OCTOBER 18, 2005 AT
5 00 P M , IN THE COUNCIL CHAMBERS OF THE CITY HALL, 11330 BULLIS ROAD, CITY OF
LYNWOOD, CALIFORNIA
AGENDA STAFF REPORT
DATE' September 29, 2005
TO Honorable Mayor & Councd Members
APPROVED BY N Enr~que Martmez, C~ty Man..~er
PREPARED BY Andrea L Hooper, C~ty Clerk~\
Albert Esp~noza, Deputy C~ty Clerk
SUBJECT Lynwood Pubhc F~nance Authority Minutes
Recommendation: Staffs recommends that the Councd approve the following
minutes
· Regular Meebng, September 20, 2005
Background: N/A
Fiscal Impact: N/A
Coordinated With: N/A
LYNWOOD PUBLIC FINANCE AUTHORITY
REGULAR MEETING
SEPTEMBER 20, 2005
The Lynwood Public Finance Authority of the C~ty of Lynwood met in a Regular Meeting at 11330 Bulhs Road on the above date at
800pm
President Rodnguez presiding
Members Byrd, Pedroza, Santlllan, Vasquez, and, Rodnguez answered the roll call
Also present were Chief Administrative Officer Martinez, C~ty Attorney Beltran, Secretary Hooper and Treasurer Pygatt
Secretary Hooper announced that the Agenda had been posted in accordance with the Brown Act
PUBLIC ORAL COMMUNICATIONS
Pearhne Calderon made comments regarding ~tem #5 - VLF GAP LOAN PAYMENT
PUBLIC ORAL COMMUNICATIONS
NONE
CONSENT CALENDAR
All matters listed under the Consent Calendar will be acted upon by one motion affirming the action recommended on the agenda
There will be no separate &scussion on these items prior to voting unless members of the Authority or staffrequest specific items be
removed from the Consent Calendar for separate action
It was moved by Member Vasquez, seconded by Member Pedroza, to approve the minutes and receive and file the Treasurer's Report
Item #4 MINUTES OF PREVIOUS MEETINGS
Regular Meeting - September 6, 2005
Item #6 TREASURER'S QUARTERLY INVESTMENT REPORT
To have the Lynwood Pubhc Finance Authomy receive and filg4he quarterly Investment Report
ROLL CALL
AYES
NOES
ABSTAIN
ABSENT
MEMBERBYRD, PEDROZA, SANTILLAN, VASQUEZ, ANDRODRIGUEZ
NONE
NONE
NONE
Item #5
VLF GAP LOAN PAYMENT
It was moved by Member Vasquez, seconded by Member Byrd to bring back item for consideration
ROLLCALL
AYES
NOES
ABSTAIN
ABSENT
MEMBERBYRD, PEDROZA, SANTILLAN, VASQUEZ, AND RODRIGUEZ
NONE
NONE
NONE
ADJOURNMENT
HaYing no further d~scusslon, it was moved by Member Pedroza, seconded by Vice-President Santdlan, and carned to adjourn the
Regular Lynwood Pubhc Finance Authority Meeting at 8 05 p m
Ramon Rodriguez, President Andrea L Hooper, Secretary