HomeMy WebLinkAbout2016-10-13MINUTES
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, OCTOBER 13, 2016
CIVIC CENTER COUNCIL CHAMBER
73510 FRED WARING DRIVE, PALM DESERT, CA 92260
I. CALL TO ORDER - 3:00 P.M.
President Spiegel convened the meeting at 3:00 p.m.
II. ROLL CALL
Present:
Vice President Jan C. Harnik
Commissioner Sabby Jonathan
Commissioner Van G. Tanner
Commissioner Susan Marie Weber
President Robert A. Spiegel
Also Present:
Lauri Aylaian, City Manager
Robert W. Hargreaves, City Attorney
William L. Strausz, Successor Agency Counsel
Rudy P. Acosta, Assistant City Manager
Rachelle D. Klassen, City Clerk
Russell Grance, Director of Building & Safety
Ryan Stendell, Director of Community Development
Martin Alvarez, Director of Economic Development
Janet M. Moore, Director of Finance/City Treasurer
Mark Greenwood, Director of Public Works
Frankie Riddle, Director of Special Programs
Stephen Y. Aryan, Risk Manager
John Cortez, Battalion Chief, Palm Desert Fire/Riverside Co. Fire Dept./Cal Fire
Anthony Baur, Asst. Chief, Palm Desert Police/Riverside Co. Sheriffs Department
Grace L. Mendoza, Deputy City Clerk
MINUTES
PALM DESERT FINANCING AUTHORITY MEETING OCTOBER 13, 2016
With Financing Authority Board concurrence, President Spiegel adjourned the
meeting to Closed Session of the City Council at 3:04 p.m. He reconvened the
meeting at 4:01 p.m.
III. CONSENT CALENDAR
A. MINUTES of the Financing Authority Meeting of June 26, 2014.
Rec: Approve as presented.
On a motion by Tanner, second by Weber, and 5-0 vote of the Financing Authority
Board (AYES: Harnik, Jonathan, Tanner, Weber, and Spiegel; NOES: None), the Minutes
of the Financing Authority Meeting of June 26, 2014, were approved as presented.
IV. CONSENT ITEMS HELD OVER
None
V. RESOLUTIONS
None
VI. NEW BUSINESS
A. REQUEST FOR APPROVAL OF THE EXECUTION AND DELIVERY OF
EACH A HOUSING BONDS AND A NON -HOUSING BONDS ESCROW
AGREEMENT FOR THE REFUNDING OF BONDS PREVIOUSLY ISSUED
BY THE AUTHORITY, AND TAKING RELATED ACTIONS.
Vice President Harnik moved to waive further reading and adopt Resolution Nos.:
1) FA - 66, approving the execution and delivery of a Housing Bonds Escrow Agreement
for the refunding of bonds previously issued by the Authority, and taking related actions;
2) FA - 67, approving the execution and delivery of a Non -Housing Bonds Escrow
Agreement for the refunding of bonds previously issued by the Authority, and taking related
actions. Motion was seconded by Tanner and carried by a 5-0 vote (AYES: Harnik,
Jonathan, Tanner, Weber, and Spiegel; NOES: None).
VII. CONTINUED BUSINESS
None
VIII. OLD BUSINESS
None
2
MINUTES
PALM DESERT FINANCING AUTHORITY MEETING OCTOBER 13, 2016
IX. PUBLIC HEARINGS
None
X. REPORTS, REMARKS, AND AUTHORITY 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 Spiegel adjourned the
meeting at 5:04 p.m.
ATTEST:
RA HELLE I KLASS ► , SECRETARY
PALM DESERT FINANCING AUTHOR Y
43Z9'.0
ROBERT A. SPIEGEL, PRESIDENT
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