HomeMy WebLinkAbout2017-08-08 CC MINUTES OVERSIGHT BOARD
FOR THE SUCCESSOR AGENCY TO THE
PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY
SPECIAL MEETING
3:00 p.m., Tuesday, August 8, 2017
West Conference Room, City Hall
3200 E. Tahquitz Canyon Way, Palm Springs, California
MINUTES
CALL TO ORDER:
Chair Howell called the meeting to order at 3:04 p.m.
ROLL CALL:
PRESENT: Board Members Arthur, Marshall, Van Horn, Ready, and Chair Howell
ABSENT: Vice Chair Marshall and Board Member Foat
ALSO PRESENT: Interim Clerk/Secretary Hart, Director of Finance/Treasurer Kiehl, Legal
Counsel Kotkin, and Director of Community and Economic Virata
PLEDGE OF ALLEGIANCE:
Chair Howell led the salute to the Flag.
ACCEPTANCE OF THE AGENDA:
ACTION: Motion by Board Member Arthur, seconded by Board Member Van Horn, and
carried b a majority vote 4-0-0 noting the absence of FOAT and MARSHALL, the agenda
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as presented was approved.
PUBLIC COMMENT: None
1. CONSENT CALENDAR: None
2. UNFINISHED BUSINESS: None
3. NEW BUSINESS:
3.A. ISSUANCE OF TAX ALLOCATION REFUNDING BONDS.
RECOMMENDATION: Adopt Resolution No. 047, "A RESOLUTION OF THE
OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE PALM
SPRINGS COMMUNITY REDEVELOPMENT AGENCY DIRECTING
PREPARATION OF PROCEEDINGS FOR THE REFUNDING OF
OUTSTANDING 2007 BONDS, APPROVING ISSUANCE AND SALE OF
REFUNDING BONDS, MAKING CERTAIN DETERMINATIONS AND
PROVIDING OTHER MATTERS RELATING THERETO."
August 8, 2017 Oversight Board Agenda Page 2
Director of Finance/Treasurer Kiehl provided the staff report.
ACTION: By a majority vote 4-0-0, noting the absence of FOAT and
MARSHALL, Resolution No. 047 was adopted as presented.
BOARD MEMBER ITEMS, REQUESTS, AND COMMENTS:
Board Member Ready provided an update on the sale/purchase of properties.
ADJOURNMENT: The Oversight Board adjourned at 3:10 p.m. The Board will not conduct a
regular meeting until such time as needed for business pursuant to law.
Kathleen D. Hart, MMC
Interim Clerk/Secretary