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HomeMy WebLinkAbout1996-06-27 FA Regular Meeting Agenda POSTED AGENDA PALM DESERT FINANCING AUTHORITY MEETING THURSDAY, JUNE 27, 1996 CIVIC CENTER COUNCIL CHAMBER * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * I. CALL TO ORDER H. 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 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 VI, CONSENT ITEMS HELD OVER, OF THE AGENDA. A. MINUTES of the Financing Authority Meeting of March 14, 1996. Rec: Approve as presented. Action: V. RESOLUTIONS None POSTED AGENDA PALM DESERT FINANCING AUTHORITY MEETING JUNE 27, 1996 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * VI. CONSENT ITEMS HELD OVER VII. NEW BUSINESS A. REQUEST FOR CONSIDERATION OF BLYTHE COUNTY ADMINISTRATIVE CENTER FINANCING (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. 328 approving the Implementation Agreement, and by Minute Motion, approve certain actions with regard to the transaction. 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 2 POSTED AGENDA PALM DESERT FINANCING AUTHORITY MEETING JUNE 27, 1996 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * XI. 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. XII. ADJOURNMENT 3