HomeMy WebLinkAbout2004 - MINUTES - 5/5/2004 - FINANCING AUTHORITYCITY OF PALM SPRINGS
FINANCING AUTHORITY MINUTES
MAY 5, 2004
A Regular Meeting of the Financing Authority of the City of Palm Springs, California, was
called to order by Chairman Oden, in the Council Chamber, 3200 Tahquitz Canyon Way,
on Wednesday, May 5, 2004, at 5:00 p.m., at which time, the Authority Counsel
announced items to be discussed in Closed Session, and at 7:00 p.m., the meeting was
convened in open session.
ROLL CALL: Present: Members Foat, McCulloch, Mills, Pougnet and Chairman
Oden
Absent: None
The meeting was opened with the Salute to the Flag, and an invocation by Pastor David
Pelletier – Metropolitan Community Church
REPORT OF POSTING OF AGENDA: City Clerk reported that the agenda was posted in
accordance with Council procedures on April 30, 2004.
PUBLIC COMMENTS: None
LEGISLATIVE ITEM:
FA1. CONVENTION CENTER BOND ISSUE
Recommendation: That the Authority/Council pledge property located north of
the Convention Center as part of the Convention Center Bond Issue.
Director of Finance and Treasurer reviewed the staff report.
Resolution 31 as recommended was presented; after which, it was moved by
Mills, seconded by Foat and unanimously carried, that R31 be adopted.
Resolution 20914 as recommended was presented; after which, it was moved by
Mills, seconded by Foat and unanimously carried, R20914 be adopted.
ADJOURNMENT:
There being no further business, Chairman declared the meeting adjourned.
PATRICIA A. SANDERS
Authority Secretary