HomeMy WebLinkAboutAGENDA 10 FEB 2011
POSTED AGENDA
PALM DESERT HOUSING AUTHORITY MEETING
THURSDAY, FEBRUARY 10, 2011
CIVIC CENTER COUNCIL CHAMBER
73510 FRED WARING DRIVE, PALM DESERT, CA 92260
I. CALL TO ORDER – 3:00 P.M.
II. ROLL CALL
Reports and documents relating to each of the following items listed on the agenda,
including those received following posting/distribution, are on file in the Office of
the City Clerk and are available for public inspection during normal business hours,
Monday – Friday, 8:00 a.m. – 5:00 p.m., 73510 Fred Waring Drive, Palm Desert, CA
92260, (760) 346-0611.
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 CITY COUNCIL
OR AUDIENCE REQUEST SPECIFIC ITEMS BE REMOVED FROM THE CONSENT
CALENDAR FOR SEPARATE DISCUSSION AND ACTION UNDER SECTION XI, CONSENT
ITEMS HELD OVER, OF THE AGENDA.
A. MINUTES of the Housing Authority Meeting of January 27, 2011.
Rec: Approve as presented.
Action:
IV. CONSENT ITEMS HELD OVER
V. RESOLUTIONS
None
POSTED AGENDA
PALM DESERT HOUSING AUTHORITY MEETING FEBRUARY 10, 2011
VI. NEW BUSINESS
A. REQUEST FOR AUTHORIZATION TO ESTABLISH A REPLACEMENT
RESERVE FUND FOR PROPERTIES OPERATED BY THE PALM DESERT
HOUSING AUTHORITY (JOINT CONSIDERATION WITH THE PALM
DESERT HOUSING AUTHORITY).
Rec: By Minute Motion: 1) Authorize the Director of Finance to establish a
Reserve Fund in the amount of $3,587,500 for the properties
operated by the Housing Authority, which are identified in the
accompanying staff report; 2) authorize the Director of Finance to
make the first annual deposit based on the Associated Reserves, Inc.
(ARI), studies of $1,775,600 and annually deposit the ARI-
recommended amount for five years, with a review of the Fund's use
after three years; 3) allow use of the Fund in the event of a major
disaster, for any expenditures that would be needed immediately in
order to secure the properties until such time as additional aid could
be obtained (Fund would be replenished as monetary aid becomes
available); 4) appropriate funds from the Unobligated Housing Set-
aside Funds for this purpose.
Action:
VII. CONTINUED BUSINESS
None
VIII. OLD BUSINESS
None
IX. PUBLIC HEARINGS
None
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POSTED AGENDA
PALM DESERT HOUSING AUTHORITY MEETING FEBRUARY 10, 2011
X. REPORTS, REMARKS, AND AGENCY BOARD ITEMS REQUIRING ACTION
A. EXECUTIVE DIRECTOR
B. AUTHORITY COUNSEL
C. CHAIRMAN AND MEMBERS OF THE AUTHORITY
XI. ORAL COMMUNICATION – C
Any person wishing to discuss any item not scheduled for public hearing may address the
City Council, Redevelopment Agency, Financing Authority, or Housing Authority Boards at
this point by stepping to the lectern and giving his/her name and address for the record.
Remarks shall be limited to a maximum of three minutes unless additional time is authorized
by the City Council, Redevelopment Agency, Financing Authority, or Housing Authority
Boards. Because the Brown Act does not allow the City Council, Redevelopment Agency,
Financing Authority, or Housing Authority Boards to take action on items not on the Agenda,
members will not enter into discussion with speakers but will instead refer the matter to staff
for report and recommendation at a future City Council, Redevelopment Agency, Financing
Authority, or Housing Authority meeting.
XII. ADJOURNMENT
I hereby certify, under penalty of perjury under the laws of the State of California, that the foregoing
agenda for the Palm Desert City Council was posted on the City Hall bulletin board not less than
th
72 hours prior to the meeting. Dated this 4 day of February, 2011.|
_____________________________
Rachelle D. Klassen, City Clerk
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