HomeMy WebLinkAbout2005-11-10 FA Regular Meeting Agenda
POSTED AGENDA
PALM DESERT FINANCING AUTHORITY MEETING
THURSDAY, NOVEMBER 10, 2005
CIVIC CENTER COUNCIL CHAMBER
I. CALL TO ORDER - 3:00 P.M.
II. ROLL CALL
III. CONSENT CALENDAR
ALL MATTERS LISTED ON THE CONSENT CALENDAR ARE CONSIDERED TO BE
ROUTINE AND WILL BE ENACTED BY ONE ROLL CALL VOTE. THERE WILL BE NO
SEPARATE DISCUSSION OF THESE ITEMS UNLESS MEMBERS OF THE
REDEVELOPMENT AGENCY OR AUDIENCE REQUEST SPECIFIC ITEMS BE
REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE DISCUSSION AND
ACTION UNDER SECTION IV, CONSENT ITEMS HELD OVER, OF THE AGENDA.
A. MINUTES of the Financing Authority Meeting of July 14, 2005.
Rec: Approve as presented.
B. REQUEST FOR APPROVAL of Successor Trustee (Contract No. C24550)
(Joint Consideration with the Palm Desert City Council and the Palm
Desert Redevelopment Agency).
Rec: By Minute Motion, terminate the City's trust relationship with Bank
of New York and approve Wells Fargo & Company as a successor
trustee for a five-year term, commencing January 1, 2006.
Action:
IV. CONSENT ITEMS HELD OVER
V. RESOLUTIONS
None
POSTED AGENDA
PALM DESERT FINANCING AUTHORITY MEETING NOVEMBER 10, 2005
VI. NEW BUSINESS
None
VII. CONTINUED BUSINESS
None
VIII. OLD BUSINESS
None
IX. PUBLIC HEARINGS
None
X. REPORTS AND REMARKS
A. CHIEF ADMINISTRATIVE OFFICER
B. AUTHORITY COUNSEL
C. PRESIDENT AND MEMBERS OF THE AUTHORITY
XI. ADJOURNMENT
I hereby certify, under penalty of perjury under the laws of the State of California, that the
foregoing agenda for the Palm Desert Financing Authority was posted on the City Hall Bulletin
board not less than 72 hours prior to the meeting. Dated this 4th day of November, 2005.
Rachelle D. Klassen, City Clerk