mr. daigle, for the presentation. really appreciate you and staff looking for ways to save money for the public in this case. the reissuance. i was hoping the memo briefly touches on a change of direction regarding approval of the oversight board and itself. i was hoping you could expand on why that approval is required for a community facilities district debt issuance. mr. daigle through the chair. commissioner drew, if i could have general counsel morales address that. thank you. that'd be great. thank you. members of the commission. i'm sorry. sorry. hello? okay. um, we have had a review in the past at our cfd funding matters, but at the last time was in 2014. and at that time they indicated that the agency, in approving the cfd bonds, was acting under the mello-roos act with separate authority. and indicated that they did not have jurisdiction under the dissolution law. and so we've assumed that was the state of affairs since that time and we have treated our cfd expenditures on an annual basis, which relate to de

mr. daigle, for the presentation. really appreciate you and staff looking for ways to save money for the public in this case. the reissuance. i was hoping the memo briefly touches on a change of direction regarding approval of the oversight board and itself. i was hoping you could expand on why that approval is required for a community facilities district debt issuance. mr. daigle through the chair. commissioner drew, if i could have general counsel morales address that. thank you. that'd be great. thank you. members of the commission. i'm sorry. sorry. hello? okay. um, we have had a review in the past at our cfd funding matters, but at the last time was in 2014. and at that time they indicated that the agency, in approving the cfd bonds, was acting under the mello-roos act with separate authority. and indicated that they did not have jurisdiction under the dissolution law. and so we've assumed that was the state of affairs since that time and we have treated our cfd expenditures on an annual basis, which relate to de

mr. daigle, for the presentation.ppreciate you and staff looking for ways to save money for the public in this case. the reissuance. i was hoping the memo briefly touches on a change of direction regarding approval of the oversight board and itself. i was hoping you could expand on why that approval is required for a community facilities district debt issuance. mr. daigle through the chair. commissioner drew, if i could have general counsel morales address that. thank you. that'd be great. thank you. members of the commission. i'm sorry. sorry. hello? okay. um, we have had a review in the past at our cfd funding matters, but at the last time was in 2014. and at that time they indicated that the agency, in approving the cfd bonds, was acting under the mello-roos act with separate authority. and indicated that they did not have jurisdiction under the dissolution law. and so we've assumed that was the state of affairs since that time and we have treated our cfd expenditures on an annual basis, which relate to debt servic