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CPFC 11-18-2024 Searchable PacketCITY OF CUPERTINO CITY COUNCIL AGENDA 10300 Torre Avenue, Conference Room C; and Teleconference Location Pursuant to Government Code section 54953(b)(2); 5th Floor, No 19, Tongshan Street, Taipei, Taiwan Monday, November 18, 2024 7:00 PM Cupertino Public Facilities Corporation Meeting (7:00) Members of the public wishing to observe the meeting may do so in one of the following ways: 1)Attend in person at City Hall, Conference Room C, 10300 Torre Avenue or the Teleconference Location. 2) The meeting will also be streamed live online at cupertino.gov/citymeetingvideos Members of the public wishing to comment on an item on the agenda may do so in the following ways: 1) Attend in person at City Hall, Conference Room C, 10300 Torre Avenue or the Teleconference Location. 2) E-mail comments by 4:00 p.m. on Monday, November 18 to the Corporation at citycouncil@cupertino.gov. These e-mail comments will also be forwarded to Corporation by the City Clerk’s office before the meeting and posted to the City’s website after the meeting. Oral public comments may be made during the public comment period for each agenda item. Members of the audience who address the Corporation must come to the lectern/microphone and are requested to complete a Speaker Card and identify themselves. Completion of Speaker Cards and identifying yourself is voluntary and not required to attend the meeting or provide comments. ROLL CALL ORAL COMMUNICATIONS This portion of the meeting is reserved for persons wishing to address the Corporation on any matter within the jurisdiction of the Corporation and not on the agenda. Speakers are limited to three (3) minutes. In most cases, State law will prohibit the Corporation from making any decisions with respect Page 1 1 CPFC 11-18-2024 1 of 8 City Council Agenda November 18, 2024 to a matter not on the agenda. CONSENT CALENDAR Items appearing on the Consent Calendar are considered routine City business and may be approved by one motion. 1.Subject: Approval of the October 6, 2020 Cupertino Public Facilities Corporation minutes Recommended Action: Approve the October 6, 2020 Cupertino Public Facilities Corporation minutes A - Draft Minutes ACTION CALENDAR 2.Subject: Cupertino Public Facilities Corporation Management Report Recommended Action: Receive the Cupertino Public Facilities Corporation Management Report A - Management Report ADJOURNMENT Lobbyist Registration and Reporting Requirements: Individuals who influence or attempt to influence legislative or administrative action may be required by the City of Cupertino’s lobbying ordinance (Cupertino Municipal Code Chapter 2.100) to register and report lobbying activity. Persons whose communications regarding any legislative or administrative are solely limited to appearing at or submitting testimony for any public meeting held by the City are not required to register as lobbyists. For more information about the lobbying ordinance, please contact the City Clerk’s Office at 10300 Torre Avenue, Cupertino, CA 95014; telephone (408) 777-3223; email cityclerk@cupertino.org; and website: www.cupertino.org/lobbyist. The City of Cupertino has adopted the provisions of Code of Civil Procedure §1094.6; litigation challenging a final decision of the City Council must be brought within 90 days after a decision is announced unless a shorter time is required by State or Federal law. Prior to seeking judicial review of any adjudicatory (quasi-judicial) decision, interested persons must file a petition for reconsideration within ten calendar days of the date the City Clerk mails notice of the City’s decision. Reconsideration petitions must comply with the requirements of Cupertino Municipal Code §2.08.096. Contact the City Clerk’s office for more information or go to http://www.cupertino.org/cityclerk for a reconsideration petition form. In compliance with the Americans with Disabilities Act (ADA), anyone who is planning to attend this meeting who is visually or hearing impaired or has any disability that needs special assistance should Page 2 2 CPFC 11-18-2024 2 of 8 City Council Agenda November 18, 2024 call the City Clerk's Office at 408-777-3223, at least 48 hours in advance of the meeting to arrange for assistance. In addition, upon request in advance by a person with a disability, meeting agendas and writings distributed for the meeting that are public records will be made available in the appropriate alternative format. Any writings or documents provided to a majority of the Cupertino City Council after publication of the packet will be made available for public inspection in the City Clerk’s Office located at City Hall, 10300 Torre Avenue, Cupertino, California 95014, during normal business hours; and in Council packet archives linked from the agenda/minutes page on the City web site. IMPORTANT NOTICE: Please be advised that pursuant to Cupertino Municipal Code section 2.08.100 written communications sent to the City Council, Commissioners or staff concerning a matter on the agenda are included as supplemental material to the agendized item. These written communications are accessible to the public through the City website and kept in packet archives. Do not include any personal or private information in written communications to the City that you do not wish to make public, as written communications are considered public records and will be made publicly available on the City website. Page 3 3 CPFC 11-18-2024 3 of 8 CITY OF CUPERTINO Agenda Item 24-13414 Agenda Date: 11/18/2024 Agenda #: 1. Subject:Approval of the October 6, 2020 Cupertino Public Facilities Corporation minutes Approve the October 6, 2020 Cupertino Public Facilities Corporation minutes CITY OF CUPERTINO Printed on 11/12/2024Page 1 of 1 powered by Legistar™4 CPFC 11-18-2024 4 of 8 UNOFFICIAL MINUTES CUPERTINO PUBLIC FACILITIES CORPORATION Tuesday, October 6, 2020 SPECIAL MEETING OF THE CUPERTINO PUBLIC FACILITIES CORPORATION At 10:58 p.m. Chair Steven Scharf called the Special Cupertino Public Facilities Corporation meeting to order. This was a teleconference meeting without a physical location. ROLL CALL Present: Chair Steven Scharf, Vice Chair Darcy Paul, and Board members Liang Chao, Rod Sinks, and Jon Robert Willey. Absent: None. All Board members teleconferenced for the meeting. CONSENT CALENDAR Sinks moved and Scharf seconded to approve the item on the Consent Calendar as presented. Ayes: Scharf, Paul, Chao, Sinks, and Willey. Noes: None. Abstain: None. Absent: None. 1. Subject: Approve the September 15, 2020 Public Facilities Corporation minutes Recommended Action: Approve the September 15, 2020 Public Facilities Corporation minutes ADJOURNMENT At 10:59 p.m. Chair Scharf adjourned the meeting. s/Kirsten Squarcia______________________ Kirsten Squarcia, Recording Secretary 5 CPFC 11-18-2024 5 of 8 CITY OF CUPERTINO Agenda Item 24-13466 Agenda Date: 11/18/2024 Agenda #: 2. Subject: Cupertino Public Facilities Corporation Management Report Receive the Cupertino Public Facilities Corporation Management Report CITY OF CUPERTINO Printed on 11/12/2024Page 1 of 1 powered by Legistar™6 CPFC 11-18-2024 6 of 8 MANAGEMENT REPORT November 18, 2024 To: Cupertino Public Facilities Corporation From: Kristina Alfaro, Director of Administrative Services Re: Tax-Exempt, Reporting Requirements, and Debt Issuance Update Background The Cupertino Public Facilities Corporation (CPFC) was incorporated in 1986 as a vehicle to provide financing for public improvements. The CPFC’s bylaws and other key documents are available at on the City’s online records. At the end of 2023, it was brought to staff’s attention that the CPFC had lost its tax-exempt status due to a lapse in annual reporting. In response, the City contracted with external legal counsel to address the compliance issues and apply for reinstatement. The application was submitted to the IRS in December, and CPFC’s tax-exempt status has since been successfully reinstated. The City is currently completing the required Form 990 filings and is pursuing an exemption from future Form 990 filing requirements. Over the past year, staff has issued three memoranda providing background on the CPFC formation, updates on the tax-exempt status, and responses to questions from the CPFC Board members. These memoranda can be found at https://www.cupertino.org/our- city/city-council/council-informational-memos. Meeting Schedule and Board Actions The CPFC Board has not convened regularly since 2020, likely due to a lack of agenda items requiring board action. To ensure compliance with CPFC bylaws and City resolutions, staff has scheduled this meeting and incorporated an annual meeting into the November schedule. Per resolution, meetings are to take place on the third Monday in November. At this time, staff does not anticipate the CPFC will issue or refinance any existing debt, and there is only one item requiring Board action: the approval of minutes from the 2020 meeting. Moving forward, staff will either adhere to the current bylaws by holding annual 7 CPFC 11-18-2024 7 of 8 meetings or explore options to amend the bylaws to allow meetings only when necessary, per the Board's direction. Nest Steps Staff will continue to monitor compliance and provide updates as necessary. Staff is also working towards completing the Form 990 filings and obtaining an exemption from future filing requirements. Sustainability Impact No sustainability impact. Fiscal Impact Any additional expenditures needed to come into compliance will be assumed within existing budget appropriations. California Environmental Quality Act Not applicable. _____________________________________ Prepared by: Jonathan Orozco, Finance Manager Reviewed by: Kristina Alfaro, Director of Administrative Services Christopher D. Jensen, City Attorney Approved for Submission by: Tina Kapoor, Acting City Manager 8 CPFC 11-18-2024 8 of 8