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File #: 16-1165    Version: 1 Name:
Type: Approval Status: Approved
File created: 11/16/2016 In control: Executive Office
On agenda: 12/6/2016 Final action:
Title: Approval of the Public Facilities Corporation (PFC) Annual Report
Attachments: 1. Public Facilities Annual Report 2016, 2. LTDebt

 

To:  Board of Supervisors

FromExecutive Office

Meeting DateDecember 6, 2016

 

Department Contact:  

Alan D. Flora

Phone: 

463-4441

 

 

 

 

 

Item Type:   Consent Agenda

 

Time Allocated for Item: N/A

 

 

Agenda Title:

title

Approval of the Public Facilities Corporation (PFC) Annual Report

End

 

Recommended Action/Motion:

recommendation

Approve the Annual Report of the Public Facilities Corporation.

End

 

Previous Board/Board Committee Actions:

The Board of Supervisors meets annually to review activities of the PFC.  On December 15, 2015, the Board of Supervisors approved the prior Public Facilities Corporation report.

 

Summary of Request

The Public Facilities Corporation meets annually for the purpose of conducting the business of the corporation recapping the activities during the previous year. The purpose of this agenda item is to meet the requirements of law and to inform the citizens of the activities of the corporation. The staff report attached recaps the last 12 month activity and provides a summary of related bonded indebtedness. 

 

Alternative Action/Motion:

  Do not approve the report and/or provide staff with further direction.

 

Supplemental Information Available Online at: N/A

 

 

Fiscal Impact:

Source of Funding: N/A

Budgeted in Current F/Y: N/A

 

Current F/Y Cost: N/A

Annual Recurring Cost: N/A

 

 

 

 

Supervisorial District:  All

Vote Requirement:  Majority

 

Agreement/Resolution/Ordinance Approved by County Counsel: N/A

 

CEO Liaison: Alan D. Flora, Assistant CEO

 

 

CEO Review: Yes 

 

 

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