Loading...
HomeMy WebLinkAbout2016-10-13MINUTES REGULAR MEETING OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY THURSDAY, OCTOBER 13, 2016 CIVIC CENTER COUNCIL CHAMBER 73510 FRED WARING DRIVE, PALM DESERT, CA 92260 I. CALL TO ORDER - 3:00 P.M. Chair Spiegel convened the meeting at 3:00 p.m. II. ROLL CALL Present: Vice Chair Jan C. Harnik Director Sabby Jonathan Director Van G. Tanner Director Susan Marie Weber Chair Robert A. Spiegel Also Present: Laurie Aylaian,City Manager Robert W. Hargreaves, City Attomey 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 SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY MEETING OCTOBER 13, 2016 III. ADJOURN TO CLOSED SESSION Request for Closed Session: None With Successor Agency Board concurrence, Chair Spiegel adjoumed the meeting to Closed Session of the City Council at 3:04 p.m. He reconvened the meeting at 4:01 p.m. IV. RECONVENE REGULAR MEETING - 4:00 P.M. A. REPORT ON ACTION FROM CLOSED SESSION. None V. AWARDS, PRESENTATIONS, AND APPOINTMENTS None VI. CONSENT CALENDAR A. MINUTES of the September 22, 2016, Regular Meeting of the Board of Directors of the Successor Agency to the Palm Desert Redevelopment Agency. Rec: Approve as presented. B. CLAIMS AND DEMANDS AGAINST SUCCESSOR AGENCY TREASURY - Warrants Dated 9/16/2016 and 9/23/2016. Rec: Approve as presented. On a motion by Hamik, second by Weber, and 5-0 vote of the Board of Directors of the Successor Agency (AYES: Hamik, Jonathan, Tanner, Weber, and Spiegel; NOES: None), the Consent Calendar was approved as presented. VII. CONSENT ITEMS HELD OVER None VIII. RESOLUTIONS None 2 MINUTES SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY MEETING IX. NEW BUSINESS OCTOBER 13, 2016 A. REQUEST FOR APPROVAL OF THE SUCCESSOR AGENCY'S ISSUANCE OF HOUSING TAX ALLOCATION REFUNDING (HOUSING)ANDTAXALLOCATION REFUNDING (NON -HOUSING) BONDS, AND TAKING RELATED ACTIONS. Ms. Moore recalled for the Agency Board that at the last meeting it authorized staff to prepare documents for this refunding, and these indentures, which are similar to loan agreements, are the beginning documents for that process. Also, there is a savings analysis attached to the staff report that is the same as the one passed at the last meeting. She added that the Agency can only refund in the event there is savings, and there is. The Oversight Board will hear this same request on Monday, and if approved, it will be forwarded to the Department of Finance (DOF). She noted that the consultants were available to answer questions. Ms. Aylaian shared there was a memo distributed to the Council this morning that had additional background or supporting information regarding the selection of the consultants for this work. Vice Chair Hamik moved to waive further reading and adopt Resolution Nos.: 1) SA -RDA 059, approving the Successor Agency's issuance of Tax Allocation Refunding (Housing) Bonds and taking related actions, including authorizing the Executive Director, Finance Officer, and other Successor Agency officers to take ancillary actions and execute documents to effectuate the purposes of the Resolution; 2) SA -RDA 060, approving the Successor Agency's issuance of Tax Allocation Refunding (Non -Housing) Bonds and taking related actions, including authorizing the Executive Director, Finance Officer, and other Successor Agency officers to take ancillary actions and execute documents to effectuate the purposes of the Resolution. Motion was seconded by Jonathan and carried by a 5-0 vote (AYES: Harnik, Jonathan, Tanner, Weber, and Spiegel; NOES: None). X. CONTINUED BUSINESS None XI. OLD BUSINESS None XII. PUBLIC HEARINGS None 3 MINUTES SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY MEETING OCTOBER 13, 2016 XIII. REPORTS, REMARKS, SUCCESSOR AGENCY BOARD ITEMS REQUIRING ACTION A. EXECUTIVE DIRECTOR None B. SUCCESSOR AGENCY COUNSEL None C. CHAIR AND MEMBERS OF THE SUCCESSOR AGENCY None XIV. ADJOURNMENT With Successor Agency Board concurrence, Chair Spiegel adjoumed the meeting at 5:04 p.m. ATTEST: ROBER A. SP T't, CHAIR RA " LE- D. ' LASSEN,, C ETARY SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY 4