HomeMy WebLinkAbout00 03/08/2012 SA-RDA AGENDAPOSTED AGENDA
REGULAR MEETING OF THE
BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY
TO THE PALM DESERT REDEVELOPMENT AGENCY
THURSDAY, MARCH 8, 2012
CIVIC CENTER COUNCIL CHAMBER
73510 FRED WARING DRIVE, PALM DESERT, CA 92260
I. CALL TO ORDER - 3:00 P.M.
II. ROLL CALL
III. ADJOURN TO CLOSED SESSION
Request for Closed Session:
None
IV. RECONVENE REGULAR MEETING - 4:00 P.M.
A. REPORT ON ACTION FROM CLOSED SESSION.
Action:
Reports and documents relating to each of the following items listed on the agenda, including
those received following posting/distribution, are on file in the Office of the City Clerk and are
available for public inspection during normal business hours, Monday - Friday, 8:00 a.m. - 5:00
p.m., 73510 Fred Waring Drive, Palm Desert, CA 92260, (760) 346-0611.
V. AWARDS, PRESENTATIONS, AND APPOINTMENTS
None
POSTED AGENDA MARCH 8, 2012
SUCCESSOR AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY MEETING
VI. CONSENT CALENDAR
ALL MATTERS LISTED ON THE CONSENT CALENDAR ARE CONSIDERED TO BE ROUTINE
AND WILL BE ENACTED BY ONE ROLL CALL VOTE. THERE WILL BE NO SEPARATE
DISCUSSION OF THESE ITEMS UNLESS MEMBERS OF THE SUCCESSOR AGENCY BOARD
OF DIRECTORS OR AUDIENCE REQUEST SPECIFIC ITEMS BE REMOVED FROM THE
CONSENT CALENDAR FOR SEPARATE DISCUSSION AND ACTION UNDER SECTION VII,
CONSENT ITEMS HELD OVER, OF THE AGENDA.
A. MINUTES of the Regular Meeting of the Board of Directors of the Successor
Agency to the Palm Desert Redevelopment Agency Meeting of February 23, 2012.
Rec: Approve as presented.
B. CLAIMS AND DEMANDS AGAINST SUCCESSOR AGENCY TREASURY -
Warrant Nos. 188RDA, 192SA, and 196SA.
Rec: Approve as presented.
C. CITIZENS’ ADVISORY COMMITTEE FOR PROJECT AREA NO. 4 MINUTES for
the Meetings of December 19, 2011, and February 21, 2012.
Rec: Receive and file.
Action:
VII. CONSENT ITEMS HELD OVER
VIII. RESOLUTIONS
A. RESOLUTION NO. SA-RDA 005 - A RESOLUTION OF THE BOARD OF
DIRECTORS OF THE SUCCESSOR AGENCY TO THE PALM DESERT
REDEVELOPMENT AGENCY, AUTHORIZING THE INVESTMENT OF MONIES
IN THE LOCAL AGENCY INVESTMENT FUND (LAIF) OF THE STATE OF
CALIFORNIA, AND TAKING CERTAIN ACTIONS IN CONNECTION
THEREWITH.
Rec: Waive further reading and adopt.
Action:
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POSTED AGENDA MARCH 8, 2012
SUCCESSOR AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY MEETING
IX. NEW BUSINESS
A. REQUEST FOR ADOPTION OF THE PALM DESERT STATEMENT OF
INVESTMENT POLICY AS AMENDED (JOINT CONSIDERATION WITH THE
PALM DESERT CITY COUNCIL, PALM DESERT HOUSING AUTHORITY, AND
PALM DESERT FINANCING AUTHORITY).
Rec: By Minute Motion, concur with the recommendation of the Audit,
Investment & Finance Committee and adopt the Palm Desert Statement of
Investment Policy, as amended.
Action:
X. CONTINUED BUSINESS
None
XI. OLD BUSINESS
None
XII. PUBLIC HEARINGS
None
XIII. REPORTS, REMARKS, SUCCESSOR AGENCY BOARD ITEMS REQUIRING ACTION
A. EXECUTIVE DIRECTOR
B. SUCCESSOR AGENCY COUNSEL
C. CHAIR AND MEMBERS OF THE SUCCESSOR AGENCY
XIV. ADJOURNMENT
I hereby certify, under penalty of perjury under the laws of the State of California, that the foregoing
agenda for the Board of Directors of the Successor Agency to the Palm Desert Redevelopment Agency
was posted on the City Hall bulletin board not less than 72 hours prior to the meeting. Dated this 2nd day
of March, 2012.
Rachelle D. Klassen, Secretary
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