HomeMy WebLinkAbout2002-04-11MINUTES
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, APRIL 11, 2002
CIVIC CENTER COUNCIL CHAMBER
I. CALL TO ORDER
President Kelly convened the meeting at 4:02 p.m.
II. ROLL CALL
Present:
Vice President Jean M. Benson
Commissioner Jim Ferguson
Commissioner Robert A. Spiegel
President Richard S. Kelly
Excused Absence:
Commissioner Buford A. Crites
Also Present:
Carlos L. Ortega, City Manager/RDA Executive Director
David J. Erwin, City Attorney
Sheila R. Gilligan, ACM for Community Services/City Clerk
Richard J. Folkers, ACM for Development Services
Justin McCarthy, ACM for Redevelopment
Homer Croy, Director of Building & Safety
Philip Drell, Director of Community Development
Paul S. Gibson, Director of Finance/City Treasurer
Teresa L. La Rocca, Director of Housing
Joseph S. Gaugush, Director of Public Works/City Engineer
David Yrigoyen, Director of Redevelopment
Rachelle D. Klassen, Deputy City Clerk
III. CONSENT CALENDAR
A. MINUTES of the Financing Authority Meeting of February 14, 2002.
Rec: Approve as presented.
Upon motion by Spiegel, second by Ferguson, the Consent Calendar was approved
as presented by a 4-0 vote, with Commissioner Crites ABSENT.
IV. CONSENT ITEMS HELD OVER
None
MINUTES
PALM DESERT FINANCING AUTHORITY MEETING APRIL 11, 2002
V. RESOLUTIONS
None
VI. NEW BUSINESS
A. REQUEST FOR APPROVAL OF ACTIONS FOR THE ACQUISITION OF A
PUBLIC PARKING EASEMENT TO FINANCE THE COST OF THE
INSTALLATION AND CONSTRUCTION OF PARKING STRUCTURES
(JOINT CONSIDERATION WITH THE PALM DESERT CITY COUNCIL AND
THE PALM DESERT REDEVELOPMENT AGENCY).
Mr. Ortega stated this was similar to the previous item but for a different
area.
Councilman/Member Spiegel moved to waive further reading and adopt: 1) City
Council Resolution No. 02-33, approving payment by the Palm Desert Redevelopment
Agency for the cost of the acquisition of a public parking easement to finance the cost of
the installation and construction of parking structures; 2) Redevelopment Agency
Resolution No. 440, authorizing payment by the Palm Desert Redevelopment Agency for
the cost of the acquisition of a public parking easement to finance the cost of the
installation and construction of parking structures, and declaring the intent of the Agency
to reimburse the cost thereof from the proceeds of bonds; 3) Financing Authority
Resolution No. FA-32, declaring its intent to reimburse expenditures in connection with the
cost of the acquisition of a public parking easement to finance the cost of the installation
and construction of parking structures from the proceeds of the bonds. Motion was
seconded by Ferguson and carried by a 4-0 vote, with Councilman/Member Crites
ABSENT.
B. REQUEST FOR APPROVAL OF ACTIONS RELATED TO
REIMBURSEMENT OF EXPENDITURES IN CONNECTION WITH THE
WIDENING OF FRED WARING DRIVE (JOINT CONSIDERATION WITH
THE PALM DESERT REDEVELOPMENT AGENCY).
Mr. Ortega noted the staff report in the packets and offered to answer any
questions.
Member/Commissioner Spiegel moved to waive further reading and adopt:
1) Redevelopment Agency Resolution No. 441, declaring its intent to reimburse
expenditures in connection with the widening of Fred Waring Drive from the proceeds of
bonds; 2) Financing Authority Resolution No. FA-33, declaring its intent to reimburse
expenditures in connection with the widening of Fred Waring Drive from the proceeds of
bonds. Motion was seconded by Benson and carried by a 3-0-1 vote, with
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MINUTES
PALM DESERT FINANCING AUTHORITY MEETING APRIL 11, 2002
Member/Commissioner Ferguson ABSTAINING and Member/Commissioner Crites
ABSENT.
C. REQUEST FOR APPROVAL OF ACTIONS RELATED TO
REIMBURSEMENT OF EXPENDITURES FOR THE ACQUISITION OF
RENTAL HOUSING UNITS FROM THE PROCEEDS OF BONDS (JOINT
CONSIDERATION WITH THE PALM DESERT
REDEVELOPMENT AGENCY).
Member/Commissioner Spiegel moved to waive further reading and adopt:
1) Redevelopment Agency Resolution No. 442, declaring its intent to reimburse
expenditures for the acquisition of rental housing units from the proceeds of bonds;
2) Financing Authority Resolution No. FA-34, declaring its intent to reimburse expenditures
for the acquisition of rental housing units from the proceeds of bonds. Motion was
seconded by Benson and carried by a 4-0 vote, with Member Crites ABSENT.
VII. CONTINUED BUSINESS
A. MINUTES OF THE FINANCING AUTHORITY MEETING OF JANUARY 24,
2002 (Continued from the meeting of February 14, 2002).
Commissioner Spiegel moved to, by Minute Motion, approve the Minutes as
presented. Motion was seconded by Ferguson and carried by a 4-0 vote, with
Commissioner Crites ABSENT.
VIII. OLD BUSINESS
None
IX. REPORTS, REMARKS, AND AGENCY BOARD ITEMS REQUIRING ACTION
A. CHIEF ADMINISTRATIVE OFFICER
None
B. AUTHORITY COUNSEL
None
C. PRESIDENT AND MEMBERS OF THE AUTHORITY
None
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MINUTES
PALM DESERT FINANCING AUTHORITY MEETING APRIL 11, 2002
X. ADJOURNMENT
Commissioner Spiegel moved to adjourn the meeting at 4:58 p.m. Motion was
seconded by Ferguson and carried by a 4-0 vote, with Commissioner Crites ABSENT.
ATTEST:
SHEILA R?GILLIG , SECRETARY
PALM DESERT FI NC1NG AUTHORITY
RICHARD S. KELLY, PRES[DENT
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