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HomeMy WebLinkAbout1980-12-19; Parking Authority; MinutesMeeting of: Time of Meeting: Date of Meeting: Place of Meeting: CARLSBAD PARKING AUTHORITY (Special Meeting) 2:00 P.M. December 19, 1980 Council Chambers The meeting was called to order by Chairman Richardson at 2:10 P.M. ROLL CALL: Directors Richardson, McComas, and Dunne ABSENT: Directors Goodwin and Chase APPROVAL OF MINUTES: Minutes of the Special Meeting held December 21, 1979, were approved as submitted. AUDIT REPORT - FISCAL YEAR 1979-80. The audit Report for fiscal year 1979-80, as prepared by Wayne Carroll of Diehl, Evans and Company, was approved as submitted, and authorizatiDn was given for the transfers recommended on page 5 of the Report. PAYMENT OF BILLS: The following bills were submitted for payment; Diehi, Evans and Cofflpany Preparation of Audit Bankers Tryst Cofflpany Co-Payiog Agent Security Pacific Bank Services as Fiscal Agent $315.00 50.00 594.26 Authorization was given for the payment of the bills as detailed above from the Morking Capital Account. DEEDS AND AGREEMEf^TS RELATIVE TO PLAZA EXPANSION AND SALE OF BONDS. The City Attorney gave a brief report to the Authority regarding the desire of the May Company to pursue the sale of the bonds for the expansion. He also explained possible problems with the sale which may result due to the current economic conditions. The following Ordinance was adopted: ORDINANCE NO. 1, APPROVING THE FORMAL ACT OF ENTERING INTO A LEASE WITH THE CITY OF CARLSBAD. The City Attorney continued with a report explaining the various areas of the new parking lot, their owners, and plans for develop- ment. To clarify, he displayed a map of the area and referenced the specific areas under the ownership of the Plaza, the City of Oceanside, and the Authority's need for access rights across a parcel to remain in the possession of the City of Oceanside. The following Resolution was adopted: RESOLUTION NO. 20, ACCEPTING A GRANT DEED FROM PLAZA CAMINO REAL FOR ACCESS RIGHTS AND PUBLIC PARKING PURPOSES. Richardson McComas Dunne Richardson McComas Dunne Richardson McComas Dunne Richardson McComas Dunne Richardson McComas Dunne X X December 19, 1980 Page The City A.ttorney gave a Plaza giviing Oceanside a to their relocated sewer approval of same. brief explanation of the letter from the license to exercise certain access rights pump station, and the need for Authority The Authority approved joining in the grant of license and authori the Chaiirman of the Authority to execute the documents. ze IR Follomng a brief explanation by the City Attorney of the previous use of the Bond Counsel, and the need for Authority approval of their employment, the Parking Authority approved the employment of the firm of Stradling, Yocca, Carlson & Rauth as bond counsel in connection with the $1,500,CMJ0 Parking Authority revenue bond issue fibr the Plaza Caiaino Real subject to the terms and conditions of tfeenr letter of November 21, 1980. The C:1ity Attorney infojii^d the Authority of his execution of two estopfel certificates on behalf of the Authority, He referenced copies of same furnished tsa the members of the Authority for their infornration. In acsordance with the calendar of events for the bond sale and expansion documents, it was noted that a meeting may be required on January 20, 1981, and February 6, 1981. The City Clerk indicated a special meeting would be called for such meetings, if required^ ELECTION OF OFFICERS The Authority reaffiraed tile existing officers for calendar year 1981 as follows: Director Richardson - Chairman Director Goodwin - Vice-Chairman Director McCones - Secretary ADJOURNMENT: By praper motion, the meeting was adjourned at 2:45 P.M. Respertfully submitted. AIITCMI/nnMV ALETHA L. RAUTENKRANZ Clerk of the Authority ichardson McComas Dunne Richardson McComas Dunne X X X X Richardson McComas Dunne X X X