HomeMy WebLinkAbout6/2/2004 - STAFF REPORTS (3) MINUTES OF
CITY OF PALM SPRINGS
OF THE
HOUSING AUTHORITY
AND
COMMUNITY REDEVELOPMENT AGENCY
July 23, 2003
A Special Meeting of the Housing Authority and the Community Redevelopment Agency of
the City of Palm Springs, California, was called to order by Chairman Kleindienst, in the
Council Chamber, 3200 Tahquitz Canyon Way, on Wednesday, July 23, 2003, at 5:30
p.m., at which time, the City Attorney announced items to be discussed in Closed Session,
and at 7:00 p.m., the meeting was convened in open session.
ROLL CALL: Present: Agency/Authority Members Hodges, Mills, Oden, Reller-
Spurgin, and Chairman Kleindienst
Absent: None
REPORT OF POSTING OF AGENDA: City Clerk reported that the agenda was posted in
accordance with Agency procedures on July 18, 2003.
PUBLIC COMMENTS: None
HOUSING AUTHORITY/COMMUNITY REDEVELOPMENT AGENCY JOINT MEETING
LEGISLATIVE ITEMS
1. TAHQUITZ COURT APARTMENTS
Recommendation: That the Authority/Agency approve the subordination of
bonds relating to the Tahquitz Court Apartments. A4740, A466C.
Director of Finance & Treasurer stated that the recommendation was of a
housekeeping nature.
Housing Authority Resolution 33 as recommended was presented; after which, it
was moved by Oden, seconded by Hodges and carried by the following vote that
HA R 33 be adopted.
AYES: Members Hodges, Oden, Mills and Chairman Kleindienst
NO: Member Reller-Spurgin
Resolution 1222 as recommended was presented; after which, it was moved by
Oden, seconded by Hodges and carried by the following vote that CRA R1222 be
adopted.
AYES: Members Hodges, Oden, Mills and Chairman Kleindienst
NO: Member Reller-Spurgin
ADJOURNMENT:
There being no further business, Chairman declared the meeting adjourned.
PATRICIA A. SANDERS
Secretary
MINUTES OF
CITY OF PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY
April 21, 2004
A Regular Meeting of the Community Redevelopment Agency of the City of Palm Springs,
California, was called to order by Chairman Oden, in the Council Chamber, 3200 Tahquitz
Canyon Way, on Wednesday, April 21, 2004, at 5:00 p.m., at which time, the Agency
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: Agency Members Foat, McCulloch, Mills, Pougnet and
Chairman Oden
Absent: None
REPORT OF POSTING OF AGENDA: Acting Assistant Secretary reported that the
agenda was posted in accordance with Agency procedures on April 16, 2004.
APPROVAL OF MINUTES: None
PUBLIC COMMENTS: None
PUBLIC HEARING:
Member Mills declared Conflict of Interest due to personal real estate interests and
exited the Chamber.
A. AMENDMENT TO THE MERGED REDEVELOPMENT PLAN FOR MERGED
REDEVELOPMENT PROJECT NO. 2
Recommendation: That the Agency approve the Amendment to the Merged
Redevelopment Plan Project No. 2 to reinstate eminent domain authority for
nonresidential property in the Tahquitz-Andreas Project Area. Mills absent.
Joy Meredith, Redevelopment Committee member, spoke in support of item.
Resolution 1245 as recommended was presented; after which, it was moved by
Pougnet, seconded by Foat, and carried by the following vote that R1245 be
adopted.
AYES: Members Foat, McCulloch, Pougnet, and Chairman Oden
NO: None
ABSENT: Member Mills
CRA Minutes
4-21-04, Page 2
LEGISLATIVE ITEMS:
B. REFINANCE 1994 BONDS BY ISSUANCE OF BONDS (See FA1)
Recommendation: That the Authority approve the execution and delivery of
Merged Project No. 1 Tax Allocation Bonds, 2004 Series A in principal amount
not to exceed $16,000,000 and Merged Project No. 2 Tax Allocation Bonds, 2004
Series B in principal amount not to exceed $10,000,000 for the purpose of
prepaying seven loans of the Agency which will be used to redeem the
Authority's 1994 Local Agency Revenue Bonds, Series A & B and raising
approximately $5,000,000 for new projects. Bond documents on file in the Office
of the City Clerk.
Resolution 1246 as recommended was presented; after which, it was moved by
Pougnet, seconded by Foat, and carried by the following vote that R1246 be
adopted.
AYES: Members Foat, McCulloch, Pougnet, and Chairman Oden
NO: None
ABSENT: Member Mills
Member Mills reentered the Chamber.
ADJOURNMENT
There being no further business, Chairman declared the meeting adjourned,
KATHIE HART
Acting Assistant Secretary
PATRICIA A. SANDERS
Assistant Secretary