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Minutes, study session

Cathedral City City Council
March 23, 2022

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Minutes, study session
Meeting
March 23, 2022
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Cathedral City City Council
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CITY COUNCIL

MINUTES

Study Session
Wednesday, March 23, 2022
3:00 PM

Pursuant to AB 361 and Cathedral City Resolution 2022-13, this meeting was conducted by videoconference.

• CALL TO ORDER
The meeting was called to order at 3:02 PM by Mayor Ernesto Gutierrez. • ROLL CALL
Attendee Name Title Status Arrived
Ernesto Gutierrez Mayor Remote
Rita Lamb Mayor Pro Tem Remote
Mark Carnevale Councilmember Remote
Nancy Ross Councilmember Remote
Raymond Gregory Councilmember Remote

• AGENDA FINALIZATION
There were no changes to the agenda.

1. PUBLIC COMMENT

2. STUDY SESSION
A. Presentation - Coachella Valley Mosquito and Vector Control Recommendation: There is no formal action required for this item. It is a presentation only.

Tammy Gordon, Public Information Officer for the Coachella Valley Mosquito and Vector Control District provided a presentation regarding the results of the neighborhood mosquito control treatments that took place in summer 2021 in the City of Cathedral.

This item was for information and direction only, there was no formal action taken by the City Council.

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B. Exploring the potential Uses of FY 2022-23 Community Development Block Grant (CDBG) Funds and a Con Plan update for the City Council's information, discussion and direction only.

Recommendation: Review the Potential Uses of FY 2022-23 Community Development Block Grant (CDBG) Funds and the
Consolidated Plan Update, presented for the City Council's information, discussion and direction only.

Andrew Lee, Assistant Engineer provided a presentation on the potential uses of FY 2022 -23 Community Development Block Grant (CDBG) Funds and Consolidated Plan update. The following points were presented:

• Definition of Entitlement City
• HUD CDBG Requirements for Entitlement City
• Consolidated Plan (Con Plan)
• Citizen Participation Plan
• Annual Action Plan
• Consolidated Annual Performance and Evaluation Report (CAPER) • Con Plan Planning Process
• Meetings
• FY 2017-2022 Priority Needs
• CDBG Utilization in Other Communities
• Other Priority Needs

Councilmember Raymond Gregory requested further clarification on Priority Needs, specifically related to Community Services. He requested staff provide further information on potential priorities.

City Manager Charles McClendon and Jo hn Corella, Director of Engi neering and Public Works provided further clarification.

Councilmember Raymond Gregory is supportive of including some of the identified potential priorities as presented.

Councilmember Nancy Ross would like further informati on on loan guarantees, acquisition of land and homeownership assistance.

John Corella, City Engineer, stated that staff will research what these loans can cover and report back to the City Council.

Andrew Lee provided a brief overview of how acquisition of land and the homeownership assistance works.

Mayor Pro Tem Rita Lamb stated that in terms of identifying priorities, the minor home repair program is a priority for her. She would like to know more about how the program works.

Councilmember Mark Carn evale concurs with Mayor Pro Tem Lamb. He would like to learn more about this and other programs before he makes any decisions.

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Mayor Ernesto Gutierrez would like to develop and see a precise breakdown of all the proposed categories and cost associations.

Denice Cross thanked Andre w Lee for the presentation. She expressed her appreciation for those cities who have used these types of funds to help with property repairs.

City Manager Charles McClendon stated that one of the benefits of CDBG Funds are that they are one of the most flexible spending sources from the government.

Developing a five -year plan will help to focus on priorities. He indicated that the City Council will have multiple opportunities to discuss and make decisions on a consolidated plan.

This item was for information and direction only, there was no formal action taken by the City Council.

C. Lease Revenue Bonds, Series 2022A (Federally Taxable) Recommendation: This item is for discussion and direction only, no formal action will be taken. Should it be the desire of the City Council to move forward, there is an item on the Regular Agenda for consideration.

Tami Scott, Administrative Services Director, provided a presentation related to Lease Revenue Bonds, Series 2022A. The following points were presented:

• Prior City Council Actions
• Discussion of Today’s Actions
• Authorizing Issuance of Bonds and Approving Related Documents • Criticism/Concerns of Pension Refinancing
• Lease Revenue Bonds Series 2022A Structure
• CalPERS UAL
• Reduction in Discount Rate
• Current Estimated CalPERS UAL Three Largest Plans
• 2022 Pension Refinancing and Scenarios
• Potential Refunding of Lease Revenue Refunding Bonds, Series 2015A • Financing Schedule

Jose Vera and Jim Fabian, Consultants from Raym ond James & Associates, provided further information on the points presented.

Councilmember Raymond Gregory expressed his concern with the simplification of the presentation and feels this is much more complex. He expressed his concern with the liability, which will remain, and the high risks associated with this recommendation. He feels the cost savings is not guaranteed and he is not supportive at this time.

The City Council will consider taking formal action on this item at the Regular City Council meeting of March 23, 2022.

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ADJOURN
Mayor Ernesto Gutierrez adjourned the Study Session meeting at 5:08 p.m.

Mayor, City of Cathedral City City Clerk, City of Cathedral City

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