HomeMy WebLinkAbout1995-09-20SPECIAL JOINT MEETING OF THE PALM DESERT CITY COUNCIL
and
FINANCING AUTHORITY
WEDNESDAY, SEPTEMBER 20, 1995
CIVIC CENTER COUNCIL CHAMBER
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I. CALL TO ORDER
Mayor/President Crites convened the meeting at 4:00 p.m.
II. ROLL CALL
Present:
Councilmember/Commissioner Jean M. Benson
Councilman/Commissioner Richard S. Kelly
Mayor Pro-Tem/Vice President Walter H. Snyder
Mayor/President Buford A. Crites
Excused Absence
Councilman/Commissioner Robert A. Spiegel
Also Present:.
Ramon A. Diaz, Acting City Manager/Acting Chief Administrative Officer
Marshall Rudolph, Deputy City Attorney
Mary P. Gates, Deputy City Clerk
Carlos L. Ortega, ACM/RDA Executive Director
Paul Gibson, Finance Director/City Treasurer
Joe Gaugush, Senior Engineer
Dennis Coleman, Redevelopment Analyst
III. ORAL COMMUNICATIONS
None
MINUTES
SPECIAL JOINT MEETING OF THE PALM DESERT
CITY COUNCIL AND FINANCING AUTHORITY SEPTEMBER 20, 1995
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IV. RESOLUTIONS
A. RESOLUTION NO. 95-87 - A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF PALM DESERT, CALIFORNIA, ORDERING REVISION OF
AUDITOR'S RECORD OF REASSESSMENT FOR REFUNDING BONDS FOR
ASSESSMENT DISTRICT NO. 83-1 TO INCLUDE INTEREST INSTALLMENTS
BASED ON INTEREST RATES SET FORTH IN THE BOND PURCHASE
CONTRACT FOR THE PURCHASE AND SALE OF REFUNDING BONDS FOR
SAID ASSESSMENT DISTRICT, AND PROVIDING FOR THE COLLECTION OF
THE REASSESSMENTS.
Councilman Snyder moved to waive further reading and adopt Resolution No. 95-87. Motion
was seconded by Kelly and carried by unanimous vote.
B. RESOLUTION NO. 95-8a - A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF PALM DESERT, CALIFORNIA, ORDERING REVISION OF
AUDITOR'S RECORD OF REASSESSMENT FOR REFUNDING BONDS FOR
ASSESSMENT DISTRICT NO. 84-1-R TO INCLUDE INTEREST
INSTALLMENTS BASED ON INTEREST RATES SET FORTH IN THE BOND
PURCHASE CONTRACT FOR THE PURCHASE AND SALE OF THE
REFUNDING BONDS FOR SAID ASSESSMENT DISTRICT AND PROVIDING
FOR THE COLLECTION OF THE REASSESSMENTS.
Councilman Snyder moved to waive further reading and adopt Resolution No. 25-88. Motion
was seconded by Kelly and carried by unanimous vote.
C. RESOLUTION NO. 95-89 - A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF PALM DESERT, CALIFORNIA, ORDERING REVISION OF
AUDITOR'S RECORD OF REASSESSMENT FOR REFUNDING BONDS FOR
ASSESSMENT DISTRICT NO. 87-1 TO INCLUDE INTEREST INSTALLMENTS
BASED ON INTEREST RATES SET FORTH IN THE BOND PURCHASE
CONTRACT FOR THE PURCHASE AND SALE OF THE REFUNDING BONDS
FOR SAID ASSESSMENT DISTRICT, AND PROVIDING FOR THE
COLLECTION OF THE REASSESSMENTS.
Councilman Snyder moved to waive further reading and adopt Resolution No. 95-89. Motion
was seconded by Kelly and carried by unanimous vote.
2
MINUTES
SPECIAL JOINT MEETING OF THE PALM DESERT
CITY COUNCIL AND FINANCING AUTHORITY SEPTEMBER 20, 1995
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D. RESOLUTION NO. 95-90 - A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF PALM DESERT, CALIFORNIA, AMENDING RESOLUTION NO. 95-79
TO INCREASE THE AUTHORIZED PRINCIPAL AMOUNT OF REFUNDING
BONDS FOR ASSESSMENT DISTRICT NO. 83-1.
Councilman Snyder moved to waive further reading and adopt Resolution No. 95-90. Motion
was seconded by Kelly and carried by unanimous vote.
E. RESOLUTION NQ. 95-91 - A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF PALM DESERT, CALIFORNIA, AMENDING RESOLUTION NO. 95-81
TO INCREASE THE AUTHORIZED PRINCIPAL AMOUNT OF REFUNDING
BONDS FOR ASSESSMENT DISTRICT NO. 84-1-R.
Councilman Snyder moved to waive further reading and adopt Resolution No. 95 -91. Motion
was seconded by Kelly and carried by unanimous vote.
F. RESOLUTION NO. 95-92 - A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF PALM DESERT, CALIFORNIA, AMENDING RESOLUTION NO. 995
84 TO INCREASE THE AUTHORIZED PRINCIPAL AMOUNT OF REIUNDING
BONDS FOR ASSESSMENT DISTRICT NO. 87-1.
Councilman Snyder moved to waive further reading and adopt Resolution No. 95-92. Motion
was seconded by Kelly and carried by unanimous vote.
G. RESOLUTION NO. FA-15 - A RESOLUTION OF THE PALM DESERT
FINANCING AUTHORITY AMENDING RESOLUTION NO. FA-14 TO
INCREASE THE AUTHORIZED PRINCIPAL AMOUNT OF THE REVENUE
BONDS AUTHORIZED THEREBY.
Commissioner Snyder moved to waive further reading and adopt Resolution No. FA-15.
Motion was seconded by Kelly and carried by unanimous vote.
3
MINUTES
SPECIAL JOINT MEETING OF THE PALM DESERT
. CITY COUNCIL AND FINANCING AUTHORITY SEPTEMBER 20, 1995
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V. ADJOURNMENT
Upon motion by Snyder, second by Benson, and unanimous vote of the City
Council/Financing Authority Board, Mayor/President Crites adjourned the meeting at 4:06 p.m.
ATTEST:
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MARY P. EigrI `S, DEP CITY CLERK
CITY OF PALM DESERCALIFORNIA
MAYOR/PRESIDENT BUFORD A. CRITES
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