HomeMy WebLinkAbout1997-10-23 FA Regular Meeting Agenda POSTED AGENDA
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, OCTOBER 23, 1997
CIVIC CENTER COUNCIL CHAMBER
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I. CALL TO ORDER
II. ROLL CALL
III. 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 FINANCING
AUTHORITY OR AUDIENCE REQUEST SPECIFIC ITEMS BE REMOVED FROM THE
CONSENT CALENDAR FOR SEPARATE DISCUSSION AND ACTION UNDER SECTION
V, CONSENT ITEMS HELD OVER. OF THE AGENDA.
A. MINUTES of the Financing Authority Meeting of August 28, 1997.
Rec: Approve as presented.
V. CONSENT ITEMS HELD OVER
VI. RESOLUTIONS
None
POSTED AGENDA +"°'" `ger
PALM DESERT FINANCING AUTHORITY OCTOBER 23, 1997
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VII. NEW BUSINESS
A. REQUEST FOR AUTHORIZATION of Revenue Bonds to be Used for the Refunding of
Assessment Districts Nos. 92-1, 94-1, and 94-2, and Community Facilities District (CFD)
No. 91-1.
Rec: Waive further reading and adopt Resolution No. FA 24 a resolution of the Palm
Desert Financing Authority authorizing the issuance of Revenue Bonds for the
purpose of purchasing Bonds of the City of Palm Desert relating to Assessment
District Nos. 92-1, 94-1, and 94-2, and Community Facilities District No. 91-1,
and authorizing and directing the execution and delivery of an indenture of trust,
bond purchase contracts, escrow deposit and trust agreements and a continuing
disclosure agreement, authorizing the sale of bonds, approving an official
statement and authorizing other actions.
Action:
VIII. CONTINUED BUSINESS
None
IX. OLD BUSINESS
None
X. REPORTS, REMARKS, AND AGENCY BOARD ITEMS REQUIRING ACTION
A. CHIEF ADMINISTRATIVE OFFICER
B. AUTHORITY COUNSEL
C. PRESIDENT AND MEMBERS OF THE AUTHORITY
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POSTED AGENDA
PALM DESERT FINANCING AUTHORITY OCTOBER 23, 1997
XI. ORAL COMMUNICATIONS
1. Any person wishing to discuss any items not scheduled for public hearing may address the
Financing Authority Board at this point by stepping to the lectern and giving his/her name
and address for the record. Remarks shall be limited to a maximum of three minutes unless
additional time is authorized by the Financing Authority Board. Because the Brown Act
does not allow the Financing Authority Board to take action on items not on the Agenda,
members will not enter into discussion with speakers but will instead refer the matter to
staff for report and recommendation at a future Financing Authority meeting.
2. This is the time and place for any person who wishes to comment on non-hearing Agenda
items. It should be noted that at Financing Authority Board discretion, these comments
may be deferred until such time on the Agenda as the item is discussed. Remarks shall be
limited to a maximum of three minutes unless additional time is authorized by the Financing
Authority Board. Because the Brown Act does not allow the Financing Authority Board to
take action on items not on the Agenda, members will not enter into discussion with
speakers but will instead refer the matter to staff for report and recommendation at a future
Financing Authority meeting.
XII. ADJOURNMENT
I hereby certify under penalty of perjury under the laws of the State of California, that the foregoing agenda
was posted on the City Hall bulletin board not less than 72 hours prior to the meeting. Dated this 17th day
of October, 1997.
Sheila R. illigan ity Clerk
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