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2026-07-14 Finance Committee Minutes Draft

Finance Committee
September 14, 2026

Document
2026-07-14 Finance Committee Minutes Draft
Meeting
September 14, 2026
Body
Finance Committee
Original file
16 KB
Text extracted from the city's file for reading and search. Open the original on cityofmenifee.primegov.com. That file is the official record.

City Council Chambers
29844 Haun Road
Menifee, CA 92586
Ricky Estrada, Mayor
Dean Deines, District 4

MINUTES
Finance Committee
Regular Meeting Minutes
Tuesday July 13, 2026
2:00 PM Regular Meeting
Travis Hickey, Chief Financial
Officer
Charles Benjamin, Meeting Clerk
REGULAR MEETING (2:00 PM)

1. CALL TO ORDER
Mayor Estrada called the meeting to order at 2:00 PM.

2. ROLL CALL

Present: Ricky Estrada, Dean Deines

Absent: None

3. PRESENTATIONS - NONE
There were no presentations.

4. PUBLIC COMMENTS (NON-AGENDA ITEMS)
There were no public comments.

5. APPROVAL OF MINUTES
The following set of minutes were approved unanimously (2-0) with no modifications.

5.1 May 12, 2026 Finance Committee Meeting Minutes

6. DISCUSSION ITEMS

6.1 Proposed Bond Issuance for Community Facilities District No. 2025-2, Quartz Trail.

Chief Financial Officer Hickey provided a presentation. The Committee asked questions of staff. The item was approved unanimously (2-0).

ACTION

1. Received staff report for Community Facilities District ("CFD") No. 2025-2, Quartz Trail to finance the costs of certain public improvements in connection with the development of 80 homes located southeast of Holland Road and Evans Road within the City of Menifee.

2. Recommended the Finance Department proceed with the preparation of the Official Statement and other legal documents related to the transaction for presentation to the City Council.

7. STAFF COMMENTS
Mayor Estrada requested that the November 10, 2026 Finance Committee meeting be rescheduled to November 17, 2026, at 4:00 PM. The request was approved unanimously (2-0).

COMMITTEE MEMBER UPDATES AND COMMENTS
There were no reports on Committee activities.

8. FUTURE AGENDA ITEMS
There were no future agenda items.

9. ADJOURNMENT
The meeting was adjourned at 2:18 PM.
____________________________________
Charles Benjamin, Records Technician

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