HomeMy WebLinkAbout1998-04-09NIINUTES
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, APRIL 9, 1998
CIVIC CENTER COUNCIL CHAMBER
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I. CALL TO ORDER
Vice President Spiegel convened the meeting at 4:00 p.m.
H. ROLL CALL
Present:
Commissioner Buford A. Crites
Commissioner Jim Ferguson
Commissioner Richard S. Kelly
Vice President Robert A. Spiegel
Excused Absence
President Jean M. Benson
Also Present:
Carlos L. Ortega, Executive Director
Ramon A. Diaz, City Manager
David J. Erwin, City Attorney
Sheila R. Gilligan, Agency Secretary
John Wohlmuth, ACM/Director of Administrative Services
Pat Conlon, Director of Building and Safety
Phil Drell, Director of Community Development
Paul Gibson, Finance Director/City Treasurer
Joe Gaugush, Engineering Manager
John Nagus, Community Arts Manager
Teresa LaRocca, Housing Programs Coordinator
III. CONSENT CALENDAR
A. MINUTES of the Financing Authority Meeting of January 8, 1998.
Rec: Approve as presented.
Upon motion by Crites, second by Kelly, the Consent Calendar was approved as presented by
unanimous vote of the Authority Board.
MINUTES
FINANCING AUTHORITY MEETING APRIL 9, 1998
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IV. CONSENT ITEMS HELD OVER
None
V. RESOLUTIONS
None
VI. NEW BUSINESS
A. REOUEST FOR CONSIDERATION OF PROPOSED ASSESSMENT DISTRICT AND
FINANCING (JOINT MATTER WITH THE PALM DESERT CITY COUNCIL).
Mr. Diaz stated that Mr. Ortega was available to answer any questions.
Mr. Ortega reviewed the staff report, noting two resolutions for Council/Financing Authority
consideration. He said this involved creation of a new assessment district for the project at
Bighorn and also involved the hiring of certain people to proceed with the Series B bond issue
for the current Bighorn project. He offered to answer any questions.
Councilman/Commissioner Crites moved to: 1) Waive further reading and adopt City Council
Resolution No. 98-41, initiating proceedings and making certain designations in connection with a
proposed assessment district; 2) waive further reading and adopt Financing Authority Resolution
No. FA-28, making certain designations in connection with a proposed assessment district financing.
Motion was seconded by Kelly and carried by unanimous vote.
VII. CONTINUED BUSINESS
None
VIII. OLD BUSINESS
None
IX. REPORTS, REMARKS, AND AGENCY BOARD ITEMS REQUIRING ACTION
A. CHIEF ADMINISTRATIVE OFFICER
None
B. AUTHORITY COUNSEL
None
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MINUTFS
FINANCING AUTHORITY MEETING APRIL 9, 1998
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C. PRESIDENT AND MEMBERS OF THE AUTHORITY
None
X. ADJOURNMENT
Upon motion by Crites, second by Ferguson, and unanimous vote of the Authority Board, Vie
President Spiegel adjourned the meeting at 5:35 p.m.
ROBERT A. SPIEGEL(VICX PRESIDENT
ATTEST:
SH LA R. GILLIGAN, SECRETARI' 0
4"01 PALM DESERT FINANCING AUTHORITY
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