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HomeMy WebLinkAbout030596AM_CCv0001.pdf MINUTES of an adjourned regular meeting of the Board of Directors of the Redevelopment Agency of the City of Redlands held in the City Council Chambers, Civic Center, 35 Cajon Street, at 9:00 A.M. on March 5, 1996. PRESENT Swen Larson, Chairman Pat Gilbreath, Vice Chairman William E. Cunningham, Member Gilberto Gil, Member Geni A. S. Banda, Member Gary M. Luebbers, Executive Director Daniel J. McHugh, Agency Attorney Lorrie Poyzer, Agency Secretary Michael Reynolds, City Treasurer Steven M. Chapman, Finance Director Tina Kundig, Accounting Manager Gary G. Phelps, Municipal Utilities Director Sulipsa Luque, The Sun ABSENT None JOINT MEETING - REDEVELOPMENT AGENCY AND CITY COUNCIL Investment Banking Firms - Interviews were scheduled for this time and place for a prospective underwriter for the water and sewer certificates of participation and Redevelopment Agency bond refundings. Each firms was allowed 20 minutes for a presentation followed by a ten minute period of questions and answers. The following investment banking firms presented their proposals: Smith Barney, Inc., Grigsby Brandford & Co. Inc., Stone & Youngberg, LLC, and Miller & Schroeder Financial, Inc. Following the presentations, it was a consensus that a selection decision be continued to March 19, 1996. ADJOURNMENT There being no further business, the Board of Directors' meeting of the Redevelopment Agency adjourned at 11:27 A.M. The next regular meeting will be held on March 5, 1996, at 3:00 P.M. or as soon thereafter as city Council business will permit. Secretary Redevelopment Agency Adjourned regular meeting March 5, 1996 Page 1