Indexed public record
Public Facilities Bond
Approve Staff recommendation including: ensure that the Animal Hospital has a clear title; that property negotiations be brought back to Closed Session for discussion before purchase; that other options be utilized should…
- Item number
- 6
- Staff report
- SR-21-151
- Department
- —
- Meeting
- June 15, 2021
- Consent calendar
- No
Recommendation
Authorize the City Manager to proceed with the following: Engage the Finance Team of Urban Futures as municipal advisor, Stifel Nicolaus as underwriter and Jones Hall as bond and disclosure counsel; and the issuance and sale of 2021 tax-exempt lease revenue bonds to finance $14,000,000 of Capital Improvement Projects and $1,000,000 in taxable bonds for the purchase of real property.
Action taken
Approve Staff recommendation including: ensure that the Animal Hospital has a clear title; that property negotiations be brought back to Closed Session for discussion before purchase; that other options be utilized should the proposed location be infeasible; and that a letter of intent be signed with Animal Samaritans stating that they will be the service provider regardless of location.
Recorded votes
| Member | Vote | Method |
|---|---|---|
| Gardner | aye | individual roll call |
| Pye | aye | individual roll call |
| Matas | aye | individual roll call |
| Betts | no | individual roll call |
| Nuñez | no | individual roll call |
Source records
- City Council - June 15, 2021 - Agenda — page 4 (City of Desert Hot Springs) Source date: June 15, 2021. Validated import citation. Import/review method: authenticated agent import.
Supporting excerpt
Public Facilities Bond
- City Council - June 15, 2021 - Minutes — page 6 (City of Desert Hot Springs) Source date: June 15, 2021. Validated import citation. Import/review method: authenticated additive enrichment.
Supporting excerpt
Approve Staff recommendation including: ensure that the Animal Hospital has a clear title; that property negotiations be brought back to Closed Session for discussion before purchase; that other options be utilized should the proposed location be infeasible; and that a letter of intent be signed with Animal Samaritans stating that they will be the service provider regardless of location.