HomeMy WebLinkAbout2003-09-25MINUTES
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, SEPTEMBER 25, 2003
CIVIC CENTER COUNCIL CHAMBER
I. CALL TO ORDER
President Benson convened the meeting at 3:00 p.m.
II. ROLL CALL
Present:
Commissioner Buford A. Crites
Commissioner Richard S. Kelly
Vice President Robert A. Spiegel
President Jean M. Benson
Excused Absence:
Commissioner Jim Ferguson
Also Present:
Carlos L. Ortega, City Manager/RDA Executive Director
David J. Erwin, City Attorney
Sheila R. Gilligan, ACM for Community Services
Homer Croy, ACM for Development Services
Justin McCarthy, ACM for Redevelopment
Amir Hamidzadeh, Director of Building & Safety
Paul S. Gibson, Director of Finance/City Treasurer
Teresa L. La Rocca, Director of Housing
David Yrigoyen, Director of Redevelopment
Robert P. Kohn, Director of Special Programs
Spencer Knight, Landscape Manager
Steve Smith, Planning Manager
With Authority Board concurrence, President Benson adjourned the meeting at
3:02 p.m. for Closed Session of the City Council and Redevelopment Agency. She
reconvened the meeting at 4:00 p.m.
III. CONSENT CALENDAR
A. MINUTES of the Financing Authority Meeting of May 22, 2003.
Rec: Approve as presented.
MINUTES
PALM DESERT FINANCING AUTHORITY MEETING SEPTEMBER 25, 2003
B. ANNUAL REVIEW of the Statement of Investment Policy (Joint
Consideration with the Palm Desert City Council, Palm Desert
Redevelopment Agency, and Palm Desert Housing Authority).
Rec: By Minute Motion, approve the City of Palm Desert's "Statement of
Investment Policy" for the Year 2004, as submitted by the
City Treasurer.
Upon motion by Crites, second by Spiegel, the Consent Calendar was approved as
presented by a 4-0 vote, with Member Ferguson ABSENT.
IV. CONSENT ITEMS HELD OVER
None
V. RESOLUTIONS
None
VI. NEW BUSINESS
None
VII. CONTINUED BUSINESS
None
VIII. OLD BUSINESS
None
IX. PUBLIC HEARINGS
None
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MINUTES
PALM DESERT FINANCING AUTHORITY MEETING SEPTEMBER 25, 2003
X. 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
XI. ORAL COMMUNICATIONS - C
None
XII. ADJOURNMENT
With Authority Board concurrence, President Benson adjourned the meeting at
6:59 p.m.
ATTEST:
RACPELLE D. KLASSEN, SECRETARY
PALM DESERT FINANCING AUTHORITY
N M. BENSON, PRESIDENT
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