HomeMy WebLinkAbout04-14-16-sa-rda-AGENDAPOSTED AGENDA
REGULAR MEETING OF THE
BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY
TO THE PALM DESERT REDEVELOPMENT AGENCY
THURSDAY, APRIL 14, 2016
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, telephone (760) 346-0611.
V. AWARDS, PRESENTATIONS, AND APPOINTMENTS
None
POSTED AGENDA
SUCCESSOR AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY MEETING APRIL 14, 2016
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 March 24, 2016, Regular Meeting of the Board of Directors of the
Successor Agency to the Palm Desert Redevelopment Agency.
Rec: Approve as presented.
B. CLAIMS AND DEMANDS AGAINST SUCCESSOR AGENCY TREASURY -
Warrants Dated 3/11/2016, 3/25/2016, and 4/1/2016.
Rec: Approve as presented.
C. COMPLIANCE ANALYSIS AND INVESTMENT REPORTS for the Months of
January and February 2016 (Joint Consideration with the Palm Desert City
Council).
Rec: Receive and file.
D. STATEMENT OF INVESTMENT POLICY for the City of Palm Desert (Joint
Consideration with the Palm Desert City Council and the Palm Desert
Housing Authority).
Rec: By Minute Motion, receive and file the City of Palm Desert “Statement of
Investment Policy” as presented.
Action:
VII. CONSENT ITEMS HELD OVER
VIII. RESOLUTIONS
None
2
POSTED AGENDA
SUCCESSOR AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY MEETING APRIL 14, 2016
IX. NEW BUSINESS
A. REQUEST FOR APPROVAL OF U.S. BANK GLOBAL CORPORATE TRUST
SERVICES AS A CORPORATE TRUSTEE AND FOR AUTHORIZATION FOR
CITY TREASURER TO SIGN ANY DOCUMENTS INVOLVED IN THE TRANSFER
OF TRUSTEE SERVICES (CONTRACT NO. C35200) (JOINT CONSIDERATION
WITH THE PALM DESERT CITY COUNCIL).
Rec: By Minute Motion, approve U.S. Bank Global Corporate Trust Services as
a Corporate Trustee for the City of Palm Desert and the Successor Agency
to the Palm Desert Redevelopment Agency for a five-year term,
commencing May 1, 2016, and authorize City Treasurer to sign any
documents involved in the transfer of Trustee Services.
Action:
B. REQUEST FOR AUTHORIZATION TO EXECUTE A PURCHASE AND SALE
AGREEMENT TO SELL ONE ACRE OF THE SUCCESSOR AGENCY’S
PROPERTY NO. 12(g), LOCATED ON THE NORTH SIDE OF COUNTRY CLUB
DRIVE, EAST OF PORTOLA AVENUE (APNs 620-430-024, -025), TO THE CITY
OF PALM DESERT (CONTRACT NO. SA35150) (JOINT CONSIDERATION WITH
THE PALM DESERT CITY COUNCIL).
Rec: Waive further reading and adopt: 1) Resolution No. SA-RDA 056,
authorizing the execution of a Purchase and Sale Agreement from the
Successor Agency to the City, and taking certain related actions;
2) Resolution No. 2016 - 32, authorizing the execution of a Purchase and
Sale Agreement from the Successor Agency to the City, and taking certain
related actions.
Action:
X. CONTINUED BUSINESS
None
XI. OLD BUSINESS
None
3
POSTED AGENDA
SUCCESSOR AGENCY TO THE
PALM DESERT REDEVELOPMENT AGENCY MEETING APRIL 14, 2016
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 8th day
of April, 2016. Note: This agenda is subject to amendment up to 72 hours in advance of the meeting.
Rachelle D. Klassen, Secretary
4