HomeMy Public PortalAbout2007-09-04LPFAThis Agenda contains a brief general description of each item to be considered. Copies of fhe Staff
reports or other written documentation relating to each item of business referred to on the Agenda are on
file in the Office of the City Clerk and are available for public inspection. A person who has a question
concerning any of the agenda items may call the City 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 UNANIMOUS
CONSENT OF THE COUNCIL.
AGENDA ITEMS ON FILE FOR CONSIDER,~TION
AT THE REGULAR MEETING OF
THE LYNWOOD PUBLIC FINANCE AUTHORITY
TO BE HELD ON SEPTEMBER 4, 2007
5:00 P.M.
COUNCIL CHAMBERS
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CITY OF LYNWOOD
CITVCf I'RUe nc~lOE
AUG 3 0 2007
11330 BULLIS ROAD, LYNWOOD, CA 90262 AM ~ _.. .... PIN
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LOUIS BYRD ~~
PRESIDENT T~
FERNANDO PEDROZA REVEREND AL L`FREDDIE JON, JR. kl
VICE PRESIDENT MEMBER
MARIA TERESA SANTILLAN LETICIA VASQUEZ
MEMBER MEMBER
CHIEF ADMINISTRATIVE OFFICER ASSISTANT CITY MANAGER-FINANCE
ROGER L. HALEY BRUCE ARNOLDUSSEN
SECRETARY CITY TREASURER
ANDREA L. HOOPER IRIS PYGATT
AUTHORITY COUNSEL
ANTHONY WILLOUGHBY
CALL TO ORDER
2. ROLL CALL OF MEMBERS
Reverend Alfreddie Johnson, Jr.
Fernando Pedroza
Maria T. Santillan
Leticia Vasquez
Louis Byrd
3. CERTIFICATION OF AGENDA POSTING BY SECRETARY
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
PUBLIC ORAL COMMUNICATIONS
fF 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 (a).)
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 discussion on these items prior to voting
unless members of the Authority or staff request specific items be removed from the Consent
Calendar for separate action.
4. MINUTES OF PREVIOUS MEETINGS:
Special Meeting -August 7, 2007
ADJOURNMENT
THE NEXT REGULARLY SCHEDULED MEETING WILL BE HELD ON SEPTEMBER 18, 2007 AT 5:00
P.M., IN THE COUNCIL CHAMBERS OF THE CITY HALL, 11330 BULLIS ROAD, CITY OF LYNWOOD,
CALIFORNIA.
AGENDA STAFF REPORT
SUBJECT: Lynwood Public Finance Authority Minutes
Recommendation: Staff recommends the Lynwood Public Finance Authority
approve following minutes:
Special Meeting, August 7, 2007
Background: N/A
Fiscal Impact: N/A
Coordinated With: N/A
ITEM
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LYNWOOD PUBLIC FINANCE AUTHORITY
SPECIAL MEETING
AUGUST 7, 2007
The Lynwood Public Finance Authority of the City of Lynwood met in a special meeting
in the Council Chambers, 11330 Bullis Road on the above date at 4:36 p.m.
President Byrd presiding.
Members Johnson, Pedroza, Santillan, Vasquez, and Byrd were present.
Also present were City Manager Roger Haley, City Attorney Willoughby, Secretary
Hooper, and City Treasurer Pygatt.
Secretary Hooper announced that the Agenda had been duly posted in accordance with
the Brown Act.
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
NONE
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 discussion
on these items prior to voting unless members of the Authority or staff request specific
items to be removed from the Consent Calendar for separate action.
Item #4 MINUTES OF PREVIOUS MEETINGS:
• Regular Meeting -June 19, 2007
• Regular Meeting -July 17, 2007
Item #5 TREASURER'S QUARTERLY INVESTMENT REPORT
This Investment Report is for the quarter ending June 30, 2007.
It was moved by Member Santillan, seconded by Vice President Pedroza to approve the
minutes, and receive and file the investment report.
ROLL CALL:
AYES: MEMBERS JOHNSON, PEDROZA, SANTILLAN, VASQUEZ, AND BYRD
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
ADJOURNMENT
Having no further discussion, it was moved by Member Santillan, seconded by Vice
President Pedroza, and carried to adjourn the special Lynwood Public Finance Authority
meeting at 4:38 p.m.
Louis Byrd, President Andrea L. Hooper, City Clerk