On December 12, 2023, the Folsom City Council held a regular meeting alongside joint meetings of the Folsom Redevelopment Successor Agency, Folsom Public Financing Authority, Folsom Ranch Financing Authority, and South of 50 Parking Authority. The meeting included consent calendar approvals, public hearings, presentations, business from the floor, a discussion on the general fund reserve policy, and the selection of the 2024 mayor and vice mayor.
We will now reconvene the city council special meeting. Are there any final actions? All right. We will now adjourn the city council special meeting and call to order the city council regular meeting and joint city council, Folsom Redevelopment Successor Agency, the Folsom Public Financing Authority, the Folsom Ranch Financing Authority, and the South of 50 Parking Authority meeting uh for Tuesday, December 12th. Will the clerk please call the roll? Council members Chalam Chairla? Here. Kozlowski? Here. Rorba. Here. Aquino? Here. And Rodriguez. Here. Let us stand for the Pledge of Allegiance. Indivisible with literacy and justice. Are there any agenda updates? No updates tonight. All right. We will now convene the joint meeting. And uh will the clerk please call the next item. Yeah, your first item under your joint meeting is your consent calendar, and you have one item on the consent calendar. I'll move approval of the consent calendar. I'll second. All right, will the clerk please call the roll? Council members Chalam Chairla? Yes. Koslowski? Yes. Rorba. Yes. Aquino? Yes. And Rodriguez. Yes. We will now adjourn the joint meeting. And we convene the regular city council meeting. Will the clerk please call the next item? Well, you one more on your joint meeting. You have your joint meeting public hearing item number two. Oh that will be. That's okay. Folsom Ranch Financing Authority. This will be the City of Folsom CFD number 23, known as Folsom Ranch, Improvement Area Number Two, Special Tax Revenue Bonds, Series 2024. You have two sub-items underneath this. Resolution number 11147, which I won't read the whole title, and resolution number 011, Folsom Ranch Financing Authority. Good evening, Mayor, Vice Mayor, Council Members, Stacey Tamani, CFO. Tonight I'm presenting the community facilities district number 23, improvement area two, special tax revenue bonds, series 2024. And before we get started, I have to state that there's been an update to the not to exceed amount.