HomeMy WebLinkAbout1969-10-07; Parking Authority; Minutes....
_M_inutes of:
.Date of Meeting:
Time of Meeting:
Place of Me~tin :
_CARLSBAD PARKING· AUTHQKn Y
0 c t 6 be r .7 , l 9 6 9
6:30 P.M ..
Counci 1 Chambers
Members Present: Directors-Snedeker, Cannon,.·_
Ki n en a ttd S-(lgg .
Membe.rs Absent: Directot Daygherty.
·Also present were Mr. Wel)s·and M~. ~atteson from.
th~ firm of Bartle Wells Asso~iates, Ur~~n Sch_rei.n r
of ~•Melveny & Myer$~ City Managei Martin and City.--
Attorney WJlson. • •
Act·ing Ch.airman, Snedeke·r .c·~lle_d the meeting_ to
order at 6:35 P.M~ •
APPROVAL OF MINUTES:
( a } Mi nu t es of the Spec i a l . meet i n g he l d September
5, 1969 were approved as presented.;
Snedeker
Cannon
Killen
S_ugg
(b) Minutes of the Special meeting held, September ·snedeker
23, 1969, were approved as presented. Cannon
·Appointment of Fiscal Agent~
-Mr~ Schreiner addressed the Baird and presented·
a resolution appointing Security Pacific Bank as
the fiscal agent f-0r the Parking Authority of the
City of. Carlsbad, in accordance with a disc·ussion
previously held. The.following resolution·was
·discussed and reviewed:-• • .
~e~61Vtfon N-0. 9. RESOLUTION OF THE PARKING
AUTHORITY OF THE CITY OF CARLSBAD, CALIFORNIA,
APPROVING AND AUTHORIZING THE EXECUTION OF AN
AGREEMENT ENTITLED "FISCAL AGENCY AGREEMENT", was·
·adopted by title onlj and further relding waive~.·
Approvi~g~Annual Rental Paym~nts.
Killen
Sugg
Sned.eker -
Cannon
Killen
Sugg
Provisions of.the new lease, which was approved on.
August 21, 1969, provided for ann~al payments by
the City of approximately $145~000. Mr. Schreinef
infprmed the Authority that due to the favorable
bid received fbr the bon~s the payment can now be
adjusted to $138,400 maximum, and ave~aging out _
a t $ l 2 5 , O 0-0 o v e r a 2 5 ye a r p e r i o d . Fa l low i ,n g d i s -
cussion th~ following resolution was presented:
Resolution No. 10 .. _ RESOLUTION· OF-THE PARKING
AUTHORITY OF THE CITY OF CARLSBAD, CALIFORNIA~
APPROVI~G AN ANNUAL RENtAL UNDER THAT CERTAIN _
LEASE ENTITLED "LEASE AGREEMENT" was adopted by_ -
title orily and further re~dtng waived. •
Mr~ Schreine~ stated_ ahEesolution would b~-present
ed to the City.Counci-1 at their_next meeting,-to·
approve the lowering of the rent a:nd to ratify all
the actions taken by the Parkirig Authority.
ADJOURNMENT:
By proper motion th~ meeting wa~ adjourned at
6:50 P.M~
~~; ~'
~a ms, Clerk
·snedeker.
Cannon
Killen -
Sugg
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