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HomeMy WebLinkAbout1995-07-13MINUTES PALM DESERT FINANCING AUTHORITY MEETING THURSDAY, JULY 13, 1995 CIVIC CENTER COUNCIL CHAMBER * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * I. CALL TO ORDER President Crites convened the meeting at 7:30 p.m. H. ROLL CALL Present: Commissioner Jean M. Benson Commissioner Richard S. Kelly Vice President Walter H. Snyder Commissioner Robert A. Spiegel President Buford A. Crites Also Present: Ramon A. Diaz, Acting Chief Administrative Officer David J. Erwin, City Attorney Sheila R. Gilligan, Authority Secretary Carlos L. Ortega, ACM/RDA Executive Director Richard J. Folkers, ACM/Director of Public Works Paul S. Gibson, Finance Director/City Treasurer Wayne Ramsey, Director of Code Compliance Phil Drell, Acting Director of Community Development John Wohlmuth, Assistant to the City Manager Lisa Constande, Environmental Conservation Manager Mary P. Gates, Assistant Authority Secretary III. ORAL COMMUNICATIONS None MINUTES PALM DESERT FINANCING AUTHORITY MEETING JULY 13, 1995 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * IV. CONSENT CALENDAR A. MINUTES of the Meeting of the Financing Authority Meeting of June 8, 1995. Rec: Approve as presented. Upon motion by Spiegel, second by Kelly, the Consent Calendar was approved as presented by unanimous vote. V. RESOLUTIONS A. RESOLUTION NO. FA-13 - A RESOLUTION OF THE PALM DESERT FINANCING AUTHORITY AUTHORIZING THE SALE AND ISSUANCE OF ITS TAX ALLOCATION REVENUE REFUNDING BONDS, PROJECT AREA NO. 1, AS AMENDED (ADDED TERRITORY ONLY), 1995 SERIES A. Mr. Ortega noted that this resolution was related to similar resolutions adopted by the City Council and Redevelopment Agency Board. Commissioner Spiegel moved to waive further reading and adopt Resolution No. FA-13. Motion was seconded by Kelly and carried by unanimous vote. VI. CONSENT ITEMS HELD OVER None VII. NEW BUSINESS None VIII. CONTINUED BUSINESS None IX. OLD BUSINESS None 2 MINUTES PALM DESERT FINANCING AUTHORITY MEETING JULY 13, 1995 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * X. REPORTS, REMARKS, AND AUTHORITY BOARD ITEMS REQUIRING ACTION A. CHIEF ADMINISTRATIVE OFFICER None B. AUTHORITY COUNSEL None C. PRESIDENT AND MEMBERS OF THE AUTHORITY None XI. ORAL COMMUNICATIONS None XII. ADJOURNMENT With Authority Board concurrence, President Crites adjourned the meeting at 7:33 p.m. A1'i'FST: 7 1A> SHEILA R. GlafGAN, SEC TARY TO THE PALM DESERT FINANC G AUTHORITY BUFD A. CRITES, PRESIDENT 3