HomeMy WebLinkAbout2010-03-11MINUTES
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, MARCH 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
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
Bill Hunley, Battalion 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 Kelly, and 5-0 vote of the Authority Board,
Chairman 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 MARCH 11, 2010
III. CONSENT CALENDAR
A. MINUTES of the Financing Authority Meeting of February 11, 2010.
Rec: Approve as presented.
Upon a motion by Spiegel, second by Kelly, and 5-0 vote of the Authority Board, the
Consent Calendar was approved as presented.
IV. CONSENT ITEMS HELD OVER
None
V. RESOLUTIONS
None
VI. NEW BUSINESS
A. REQUEST FOR AWARD OF CONTRACTS FOR BANKING AND CUSTODY
SERVICES TO UNION BANK FOR A TERM OF FIVE (5) YEARS, WITH AN
OPTION TO RENEW FOR AN ADDITIONAL TWO (2) YEARS (CONTRACT
NOS. C29640A AND C29640B) (JOINT CONSIDERATION WITH THE
PALM DESERT CITY COUNCIL, PALM DESERT REDEVELOPMENT
AGENCY, AND PALM DESERT HOUSING AUTHORITY).
Councilmember/Member/Commissioner Benson moved to, by Minute Motion: 1)
Award Banking and Custody Services Contracts to Union Bank for a term of five (5) years,
with an option to renew for an additional two (2) years; 2) authorize the City Treasurer to
execute said Banking and Custody Services Contracts on behalf of the City. Motion was
seconded by Spiegel and carried by a 5-0 vote.
VII. CONTINUED BUSINESS
None
VIII. OLD BUSINESS
None
IX. PUBLIC HEARINGS
None
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MINUTES
PALM DESERT FINANCING AUTHORITY MEETING MARCH 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
On a motion by Spiegel, second by Benson, and unanimous vote of the Authority
Board, President Finerty adjoumed the meeting at 4:19 p.m.
ATTEST:
RA HELLE D. KLASSE , SECRETARY
PALM DESERT FINANCING AUTHORITY
ENT
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