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HomeMy WebLinkAbout07/27/2010 - Public FacilitesCity Council Minutes Public Facilities Corporation July 27, 2010 — 4 :00 p.m. 1. ROLL CALL - 4:05 p. n. Present: Council Member Sel.icb, Mayor Pro Tem Henn, Mayor Curry, Council Member Webb, Council Member Gardner, Council Member Daigle Excused: Council Member Rosansky 2. ELECTION OF OFFICERS Motion by Council Member Webb, seconded by Council Member Gardner to elect the Mayor as Chairperson of the Corporation, the Mayor Pro Tem as the Vice- Chairperson of the Corporation, the Council Members as the Corporation's Board of Directors, the City Manager as the Corporation's Secretary, and the Administrative Services Director as the Corporation's Treasurer for the 2010 -2011 fiscal year. The motion carried by the following roll call vote: Ayes: Council Member Selicb, Mayor Pro Tem Henn, Mayor Curry, Council Member Webb, Council Member Gardner, Council Member Daigle Absent: Council Member Rosansky 3. APPROVAL OF MINUTES FROM THE MEETING OF JULX 14 2009 Motion by Council Member Webb, seconded by Council Member Gardner to waive reading of the subject minutes, approve as written and order filed. The motion carried by the following roll call vote: Ayes: Council Member Selich, Mayor Pro Tem Henn, Mayor Curry, Council Member Webb, Council Member Gardner, Council Member Daigle Absent: Council Member Rosansky 4. NEWPORT BEACH PUBLIC FACILITIES CORPORATION FINANCIAL REPORT Administrative Services Director McCraner provided the staff report and discussed the Library COP, annual debt service, and outstanding principal balance. She noted that the outstanding principal balance will be used as a refunding for the Civic Center bond issue in November. Motion by Council Member Webb, seconded by Council Member Gardner to receive and file the Financial Report. The motion carried by the following roll call vote: Ayes: Council Member Selich, Mayor Pro Tem Henn, Mayor Curry, Council Member Webb, Council Member Gardner, Council Member Daigle Absent: Council Member Rosansky City of Newport Beach Public Facilities Corporation Minutes July 27, 2010 5. PUBLIC COMMENTS - None 6. ADJOURNMENT - 4.07 p.m. The agenda for the Newport Beach Public Facilities Corporation was posted on July 21, 2010, at 4.55 p.m. on the City Hall Bulletin Board located outside of the City of Newport Beach Administration Building. Recording Secretary Mayor � / City Clerk