Deputy Director of Finance at City of Palmdale
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The Housing Authority discussed and passed a joint resolution with other city agencies to approve and adopt the City of Palmdale's budget for the 2016-17 fiscal year, alongside approving revenue and expenditure adjustments for the 2015-16 fiscal year.
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The meeting focused on closed session discussions regarding the potential sale of real properties. The Agency authorized its negotiator to finalize terms for the sale of specific properties to Fairway Commercial Properties, LLC and Robertson's Palmdale Honda, following a review of market values and offers.
The board approved the adoption of Resolution No. SA 2015-015, which ratified and approved all Successor Agency warrants and payroll registers issued and voided since the previous register dated July 30, 2015. Additionally, the board accepted the monthly investment balance report as of August 31, 2015.
The meeting included a closed session regarding pending litigation involving Salem Engineering Group, Inc. v. Palmdale TOD Apartments, L.P. The Authority received updates and provided direction to legal counsel regarding the status of this matter. No further reportable actions were taken on the litigation item during the public portion of the meeting.
Extracted from official board minutes, strategic plans, and video transcripts.
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