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HomeMy WebLinkAbout2009-02-12MINUTES PALM DESERT FINANCING AUTHORITY MEETING THURSDAY, FEBRUARY 12, 2009 CIVIC CENTER COUNCIL CHAMBER 73510 FRED WARING DRIVE, PALM DESERT, CA 92260 I. CALL TO ORDER President Spiegel convened the meeting at 3:01 p.m. II. ROLL CALL Present: Commissioner Jim Ferguson Vice President Cindy Finerty Commissioner Richard S. Kelly President Robert A. Spiegel Excused Absence: Commissioner Jean M. Benson Also Present: Justin McCarthy, Interim City Manager/RDA Executive Director David J. Erwin, City Attorney Homer Croy, ACM for Development Services Stephen Y. Aryan, Assistant to the City Manager Rachelle D. Klassen, City Clerk Bo Chen, City Engineer Russell Grance, Director of Building & Safety Lauri Aylaian, Director of Community Development Patrick Conlon, Director of the Office of Energy Management Paul S. Gibson, Director of Finance/City Treasurer Janet M. Moore, Director of Housing Mark Greenwood, Director of Public Works David Yrigoyen, Director of Redevelopment & Housing Dennis Dawson, Battalion Chief, Palm Desert Fire/Riverside Co. Fire Dept./Cal Fire Andrew Shouse, Asst. Chief, Palm Desert Police/Riverside Co. Sheriffs Dept. Grace L. Mendoza, Deputy City Clerk With Authority Board concurrence, President Spiegel adjourned the meeting to Closed Session of the City Council and Redevelopment Agency at 3:02 p.m. He reconvened the meeting at 4:00 p.m. MINUTES • PALM DESERT FINANCING AUTHORITY MEETING FEBRUARY 12, 2009 III. CONSENT CALENDAR A. MINUTES of the Financing Authority Meeting of December 13, 2007. Rec: Approve as presented. Upon a motion by Ferguson, second by Kelly, and 3-0-1 vote of the Authority Board, with Finerty ABSTAINING and Benson ABSENT, the Consent Calender was approved as presented. IV. CONSENT ITEMS HELD OVER None V. RESOLUTIONS A. RESOLUTION NO. FA-62 - A RESOLUTION OF THE PALM DESERT FINANCING AUTHORITY, 73-510 FRED WARING DRIVE, PALM DESERT, CALIFORNIA 92260-2578, TELEPHONE: (760) 346-0611, AUTHORIZING THE INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND OF THE STATE OF CALIFORNIA (LAIF). Vice President Finerty moved to waive further reading and adopt Resolution No. FA-62. Motion was seconded by Kelly and carried by a 4-0 vote, with Benson ABSENT. VI. NEW BUSINESS None VII. CONTINUED BUSINESS None VIII. OLD BUSINESS None IX. PUBLIC HEARINGS None 2 MINUTES PALM DESERT FINANCING AUTHORITY MEETING FEBRUARY 12, 2009 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 None XII. ADJOURNMENT Upon a motion by Finerty, second by Spiegel, and 4-0 vote of the Authority Board, with Benson ABSENT, President Spiegel adjourned the meeting at 8:12 p.m. ATTEST: CHE ELL D KLASS i4, SECRETARh PALM DESERT FINANCING AUTHORITY ROBERT A. SPIEL , E8IDENT 3