HomeMy WebLinkAbout1996-07-11 FA Regular Meeting Agenda POSTED AGENDA
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, DULY 11, 1996
CIVIC CENTER COUNCIL CHAMBER
* : s s s s s s s s s s s s s s s # * * s s s s s s : s s s s s s s s s s
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I. CALL TO ORDER
II. ROLL CALL
III. ORAL COMMUNICATIONS
1. Any person wishing to discuss any items not otherwise on the Agenda 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 five minutes unless
additional time is authorized by the Financing Authority Board.
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 five minutes unless additional time is authorized by the Financing Authority
Board.
IV. CONSENT CALENDAR
ALL MA'I'I'hRS 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 REOUEST SPECIFIC ITEMS BE REMOVED FROM THE
CONSENT CALENDAR FOR SEPARATE DISCUSSION AND ACTION UNDER SECTION VI.
CONSENT ITEMS HELD OVER. OF THE AGENDA.
A. MINUTES of the Financing Authority Meeting of June 27, 1996. _—
Rec: Approve as presented.
Action:
V. RESOLUTIONS
None
POSTED AGENDA
PALM DESERT FINANCING XUTHORITY MEETING JULY 11, 1996
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VI. CONSENT ITEMS HELD OVER
VII. NEW BUSINESS
None
VIII. CONTINUED BUSINESS
A. REOUEST FOR CONSIDERATION OF BLYTHE COUNTY ADMINISTRATIVE CENTER
FINANCING (Continued from the Meetings of June 27 and July 3, 1996)JOINT MATTER
WITH THE PALM DESERT REDEVELOPMENT AGENCY
Rec: 1) That the Financing Authority, by Minute Motion, approve the site lease, Lease
Agreement(Contract No.R11420),Assignment Agreement(Contract No.R11430),
Indenture (Contract No. R11440), Implementation Agreement (Contract No.
R11450), Purchase Contract (Contract No. R11460), and Preliminary Official
Statement, and waive further reading and adopt Financing Authority Resolution No.
FA-17 authorizing the issuance of its Lease Revenue Bonds; 2) that the
Redevelopment Agency,by Minute Motion,approve the Implementation Agreement
(Contract No. R11450), waive further reading and adopt Redevelopment Agency
Resolution No. 122$ approving the Implementation Agreement, and by Minute
Motion, approve certain actions with regard to the transaction.
Action:
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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