HomeMy WebLinkAbout2007-12-13 FA Regular Meeting Agenda POSTED AGENDA
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, DECEMBER 13, 2007
CIVIC CENTER COUNCIL CHAMBER
73510 FRED WARING DRIVE, PALM DESERT, CA 92260
I. CALL TO ORDER
II. ROLL CALL
Reports and documents relating to each of the following items listed on the agenda 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.
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 IV, CONSENT ITEMS HELD OVER, OF THE AGENDA.
A. MINUTES of the Financing Authority Meeting of December 14, 2006.
Rec: Approve as presented.
Action:
IV. CONSENT ITEMS HELD OVER
V. RESOLUTIONS
None
POSTED AGENDA
PALM DESERT FINANCING AUTHORITY MEETING DECEMBER 13, 2007
VI. NEW BUSINESS
A. CONSIDERATION OF THE AUTHORIZATION TO ISSUE SPECIAL TAX
REFUNDING BONDS, SERIES 2008, OF CITY OF PALM DESERT
COMMUNITY FACILITIES DISTRICT (CFD) NO. 91-1 (INDIAN RIDGE
PUBLIC IMPROVEMENTS)AND APPROVAL OF RELATED DOCUMENTS
(JOINT CONSIDERATION WITH THE PALM DESERT CITY COUNCIL).
Rec: Waive further reading and adopt:
(1) Resolution No. 07-79, a resolution of the City Council of the
City of Palm Desert, acting for itself and as the legislative body
of City of Palm Desert Community Facilities District No. 91-1
(Indian Ridge Public Improvements) to authorize the issuance
of its special tax refunding bonds, Series 2008, in a principal
amount not-to-exceed twelve million dollars($12,000,000)and
approving certain documents and taking certain other actions
in connection therewith.
Waive further reading and adopt:
(2) Resolution No. FA-61 , a resolution of the Palm Desert
Financing Authority making certain findings and determinations
in connection with its 1997 revenue bonds (Assessment
Districts Nos. 92-1 and 94-1 and Community Facilities District
No. 91-1).
Action:
VII. CONTINUED BUSINESS
None
VIII. OLD BUSINESS
None
IX. PUBLIC HEARINGS
None
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POSTED AGENDA
PALM DESERT FINANCING AUTHORITY MEETING DECEMBER 13, 2007
X. REPORTS, REMARKS, AND AGENCY BOARD ITEMS REQUIRING ACTION
A. CHIEF ADMINISTRATIVE OFFICER
B. AUTHORITY COUNSEL
C. PRESIDENT AND MEMBERS OF THE AUTHORITY
XI. ADJOURNMENT
I hereby certify under penalty of perjury under the laws of the State of California, that the foregoing
agenda for the Palm Desert Financing Authority was posted on the City Hall bulletin board not less
than 72 hours prior to the meeting. Dated this 7th day of December, 2007.
Rac elle D. Klassen, City Cleilk
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