HomeMy WebLinkAbout2005-07-14MINUTES
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, JULY 14, 2005
CIVIC CENTER COUNCIL CHAMBER
I. CALL TO ORDER
President Crites convened the meeting at 3:00 p.m.
II. ROLL CALL
Present:
Commissioner Jean. M. Benson
Vice President Jim Ferguson
Commissioner Richard S. Kelly
Commissioner Robert A. Spiegel
President 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
Justin McCarthy, ACM for Redevelopment
Stephen Y. Aryan, Assistant to the City Manager
Rachelle D. Klassen, City Clerk
Mark D. Greenwood, City Engineer
Amir Hamidzadeh, Director of Building & Safety
Phil Drell, Director of Community Development
Paul S. Gibson, Director of Finance/City Treasurer
Michael J. Errante, Director of Public Works
David Yrigoyen, Director of Redevelopment & Housing
Robert P. Kohn, Director of Special Programs
Walt Holloway, Battalion Chief, Palm Desert/Riverside County Fire Dept./CDF
Craig Kilday, Chief, Palm Desert Police/Riverside Co. Sheriffs Dept.
Commissioner Spiegel questioned why Financing Authority Board Members did not
receive compensation for meetings as they did for the Redevelopment Agency and
Housing Authority.
With Authority Board concurrence, President Crites referred the matter to the City
Clerk for investigation and returning with a report/recommendation.
Upon a motion by Spiegel, second by Benson, and 5-0 vote of the Authority Board,
President Crites adjourned the meeting to Closed Session for the City Council and
Redevelopment Agency at 3:03 p.m. He reconvened the meeting at 4:00 p.m.
MINUTES
PALM DESERT FINANCING AUTHORITY MEETING JULY 14, 2005
III. CONSENT CALENDAR
A. MINUTES of the Financing Authority Meeting of February 10, 2005.
Rec: Approve as presented.
B. REQUEST FOR APPROVAL of Firms to be Included in the Investment
Banking Pool for the City of Palm Desert and the Palm Desert
Redevelopment Agency (Joint Consideration with the Palm Desert
City Council and the Palm Desert Redevelopment Agency).
Rec: By Minute Motion, approve the recommended firms, as listed on the
accompanying staff report, to be included in the Investment Banking
Pool for the City and the Redevelopment Agency bond issuance.
Upon motion by Ferguson, second by Spiegel, the Consent Calendar was approved
as presented by a 5-0 vote.
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
2
MINUTES
PALM DESERT FINANCING AUTHORITY MEETING JULY 14, 2005
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. ADJOURNMENT
With Financing Authority Board concurrence, President Crites adjourned the
meeting at 8:22 p.m.
ATTEST:
jy1`•
RAHELLE D. KLASSE1\, SECRETARY3
PALM DESERT FINANCING AUTHORITY
BUFOROA. CRITES, PRESIDENT
3