HomeMy WebLinkAbout2004-10-18 Finance Corp
TDPUD FINANCING CORPORATION
Special Meeting
October 18, 2004
The special meeting of the Board of Directors of the Truckee Donner Public Utility District
Financing Corporation was called to order at 4:10 PM by President Maass.
ROLL CALL: Directors Joe Aguera, Ron Hemig, James Maass, Patricia Sutton and Nelson
VanGundy were present.
EMPLOYEES PRESENT: Peter Holzmeister, Ed Taylor, Alan Harry, Steve Hollabaugh, Ian
Fitzgerald, Mary Chapman, Neil Kaufman and Sanna Schlosser
CONSULTANTS PRESENT: Steve Gross
OTHERS PRESENT: Frank and Juanita Schneider, Bill Thomason, Tom Ballister, Tim Taylor,
Bruce Douglas, Paul Raymore and Jenelle Potvin
PUBLIC INPUT
There was no public input.
BUSINESS ITEMS
CONSIDERATION OF A RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF
NOT TO EXCEED $24,000,000 REVENUE CERTIFICATES OF PARTICIPATION, APPROVING
THE EXECUTION AND DELIVERY OF CERTAIN DOCUMENTS AND AUTHORIZING CERTAIN
ACTIONS IN CONNECTION THEREWITH FOR FINANCING THE BROADBAND SYSTEM.
Director Hemig moved, and Director Van Gundy seconded, that the Board approve the Resolution
Approving a Broadband Project, Ratifying Actions Taken in Connection Therewith, Authorizing the
Execution and Delivery of an Installment Purchase Agreement and a Trust Agreement and Certain
Other Actions in Connection Therewith.
ROLL CALL: Director Sutton, no (District Board has abdicated its legislative and fiduciary
responsibility in the Broadband project and should request comments from attorneys on this issue);
All other Directors, aye, by voice vote. SO MOVED.
ADJOURNMENT
There being no further business before the Board, the meeting was adjourned at 4:19 PM.
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