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TEMPLE CITY FINANCING AUTHORITY
SPECIAL MEETING MINUTES
JUNE 15, 1999
INITIATION:
1. CALL TO ORDER:
Pursuant to the Agenda posted June 10, 1999, Chairman Brook called the meeting of the Temple
City Financing Authority to order at 9:56 p.m. on Tuesday, June 15, 1999.
2. ROLL CALL:
PRESENT: Member - Gillanders, Souder, Wilson, Breazeal and Brook
ALSO PRESENT: Executive Director Riley, General Counsel Martin
3. TIME FOR THOSE IN THE AUDIENCE WHO WISH TO SPEAK: NONE
4. CONSENT CALENDAR:
Vice Chairman Breazeal moved to approve the Consent Calendar as presented, seconded by Mr.
Gillanders and unanimously carried.
A. APPROVAL OF MINUTES - Special meeting of June 1, 1999
Approved the minutes from the special meeting of June 1, 1999, as submitted.
B. INVESTMENT POLICY FOR FISCAL YEAR 1999 -2000
Approved the Investment Policy for FY 1999 -2000 and adopted Resolution No. FA 99 -017,
A RESOLUTION OF THE FINANCING AUTHORITY ACKNOWLEDGING THE
RECEIPT AND FILING OF THE STATEMENT OF INVESTMENT POLICY FOR
FISCAL YEAR 1999 -2000.
5. UNFINISHED BUSINESS
A. ADOPTION OF FISCAL YEAR 1999 -2000 BUDGET
Executive Director Riley presented background information as outlined in the staff report
dated June 15, 1999.
Vice Chairman Breazeal moved to adopt Resolution No. FA 99 -018, A RESOLUTION OF
THE FINANCING AUTHORITY OF THE CITY ADOPTING THE ANNUAL BUDGET
FOR THE FISCAL YEAR COMMENCING JULY 1,1999 AND ENDING JUNE 30, 2000,
seconded by Mr. Gillanders and unanimously carried.
6. NEW BUSINESS - None
7. COMMUNICATIONS - None
8. MATTERS FROM AUTHORITY MEMBERS - None
9. CLOSED SESSION - None
10. ADJOURNMENT:
At 9:57 p.m., it was moved, seconded and unanimously carried to adjourn. The next regular
meeting of the Temple City Financing Authority will be held on Tuesday, July 6, 1999.
ATTEST.
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