HomeMy WebLinkAbout2010-02-11MINUTES
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, FEBRUARY 11, 2010
CIVIC CENTER COUNCIL CHAMBER
73510 FRED WARING DRIVE, PALM DESERT, CA 92260
I. CALL TO ORDER - 3:00 P.M.
President Finerty 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 Cindy Finerty
Also Present:
John M. Wohlmuth, City Manager/RDA Executive Director
David J. Erwin, City Attorney
Justin McCarthy, ACM for Redevelopment
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
Paul S. Gibson, Director of Finance/City Treasurer
Janet M. Moore, Director of Housing
Mark Greenwood, Director of Public Works
Frankie Riddle, Director of Special Programs
Dorian Cooley, Division Chief, Palm Desert Fire/Riverside Co. Fire Dept./Cal Fire
Andrew Shouse, Asst. Chief, Palm Desert Police/Riverside Co. Sheriff's Dept.
Grace L. Mendoza, Deputy City Clerk
Upon a motion by Ferguson, second by Benson, and 5-0 vote of the Authority
Board, President Finerty adjourned the meeting to Closed Session of the City Council and
Redevelopment Agency at 3:00 p.m. She reconvened the meeting at 4:00 p.m.
MINUTES
PALM DESERT FINANCING AUTHORITY MEETING FEBRUARY 11, 2010
III. CONSENT CALENDAR
A. MINUTES of the Financing Authority Meeting of October 8, 2009.
Rec: Approve as presented.
B. REQUEST FOR APPROVAL of the Palm Desert "Statement of Investment
Policy," As Amended (Joint Consideration with the Palm Desert
City Council, Palm Desert Redevelopment Agency, and Palm Desert
Housing Authority).
Rec: By Minute Motion, adopt the Palm Desert "Statement of Investment
Policy," as amended.
Upon a motion by Ferguson, second by Spiegel, and 5-0 vote the Authority Board,
the Consent Calendar was approved as presented.
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 FEBRUARY 11, 2010
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 Authority Board concurrence, President Finerty adjoumed the meeting at
5:41 p.m.
ATTEST:
RACHELLE D. KLASSEN, SECRETARY
PALM DESERT FINANCING AUTHORITY
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CINDY FIN - R , PRES Ai ENT