DRAFT MINUTES*

SUNNYVALE FINANCING AUTHORITY

DECEMBER 14, 2004

 

The Financing Authority convened at 9:34 p.m. after adjourning from the Redevelopment Agency with Chair Chu presiding.

 

NOTE:  Pursuant to Government Code Section 54953, subdivision (b) this meeting included teleconference participation by Director Otto Lee from Ritz Carlton, 7 Raffles Avenue, Singapore, 039799. Singapore.

 

 

PRESENT:

 

 

 

 

 

ABSENT:

Chair Dean J. Chu

Vice Chair Ron Swegles

Director Fred Fowler

Director Julia Miller

Director Otto Lee (via teleconference)

 

Director John Howe (excused)

Director Melinda Hamilton (excused)

 

 

STAFF PRESENT:

Amy Chan, Executive Director

Joan Borger, Interim General Counsel

Mary Bradley, Treasurer

Susan Ramos, Agency Secretary

 

CONSENT CALENDAR

 

Director Miller moved and Director Fowler seconded to approve the Consent Calendar. The motion carried unanimously with Directors Howe and Hamilton absent.

FA - 1.A.

 

Approval of Draft Minutes (December 18, 2003)

FA - 1.B.

fa 04-101

 

Sunnyvale Financing Authority Annual Report of Financial Activities for Fiscal Year 2003/2004

 

Staff Recommendation: The Board receives and files the Sunnyvale Financing Authority’s attached Basic Financial Statements and Independent Auditors’ Report for the year ended June 30, 2004. 

 

CITIZENS TO BE HEARD

 

There were no comments.

 

ADJOURNMENT

 

Chair Chu declared the meeting adjourned at 9:36 p.m.

 

Susan Ramos, Agency Clerk