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HomeMy WebLinkAbout2004-12-15 Finance Corp TDPUD FINANCING CORPORATION Annual Meeting December 15, 2004 The special meeting of the Board of Directors of the Truckee Donner Public Utility District Financing Corporation was called to order at 9:10 PM by President Maass. ROLL CALL: Directors Joe Aguera, Ron Hemig, Patricia Sutton, Tim Taylor and William Thomason were present. EMPLOYEES PRESENT: Pat Waite, Neil Kaufman, Jim Wilson, Ed Taylor, Mary Chapman, Steve Hollabaugh, Jessica Kosfiszer, Alan Harry, Peter Holzmeister and Barbara Cahill CONSULTANTS PRESENT: Steve Gross OTHERS PRESENT: None PUBLIC INPUT There was no public input. ROUTINE BUSINESS ELECTION OF NEW OFFICERS It was decided that the President and Vice President of the District, presently Ron Hemig and Joseph Aguera, would also hold those positions on the Financing Corporation Board. Director Aguera moved, and Director Thomason seconded, that the Board approve Ron Hemig as the President of the Financing Corporation. All Directors, aye, by voice vote. SO MOVED. Director Sutton moved, and Director Thomason seconded, that the Board approve Joseph Aguera as the Vice President of the Financing Corporation. All Directors, aye, by voice vote. SO MOVED. Director Sutton moved and Director Aguera seconded a motion to appoint Mary Chapman to serve as Secretary/Treasurer of the Financing Corporation Board. All Directors, aye by voice vote. SO MOVED. ANNUAL REPORT AND FINANCIAL STATEMENTS: DECEMBER 2003 Mary Chapman provided copies of the Refunding Certificates of Participation Series – 1996 Annual Report 12/31/03, the Refunding Certificates of Participation Series 2003A and 2003B Annual Report and the 2003 Financial Statements. 1 Finance Corp Minutes: December 15, 2004 Director Thomason moved, and Director Aguera seconded, that the Board approve the annual reports for Refunding Certificates of Participation Series – 1996 Annual Report 12/31/03, the Refunding Certificates of Participation Series 2003A and 2003B Annual Report and the 2003 Financial Statements. All Directors, aye, by voice vote. SO MOVED. ROUTINE BUSINESS APPROVAL OF THE MINUTES OF NOVEMBER 5, 2003 AND OCTOBER 18, 2004 Director Aguera moved, and Director Sutton seconded, that the Board approve the minutes of the November 5, 2003 and October 18, 2004 meetings. ROLL CALL: All Directors, aye, by voice vote. SO MOVED. ADJOURNMENT There being no further business before the Board, the meeting was adjourned at 10:10 PM. bhc 2 Finance Corp Minutes: December 15, 2004