CITY COUNCIL
MINUTES
Cathedral City
Study Session
Wednesday, March 27, 2024
3:00 PM
City Council Chambers
68-700 Avenida Lalo Guerrero
Cathedral City, CA 92234
• CALL TO ORDER
The meeting was called to order at 3:00 PM by Mayor Mark Carnevale.
ROLL CALL
Attendee Name Title Status Arrived
Mark Carnevale Mayor Present 3:00 PM
Nancy Ross Mayor Pro Tem Present 3:00 PM
Raymond Gregory Councilmember Present 3:00 PM
Emesto Gutierrez Councilmember Present 3:00 PM
Rita Lamb Councilmember Present 3:00 PM
AGENDA FINALIZATION
There were no changes to the Agenda.
1. PUBLIC COMMENT
There were no members of the public that wished to speak.
STUDY SESSION
A. Finance Advisory Committee Interviews
Recommendation: Interview applicants for four vacant seats on the Finance Advisory Committee.
The City Council conducted interviews for the four vacant seats on the Finance Advisory Committee. The following individuals were interviewed:
• Danny Lee
Teri Hargreaves
• Rick Saldivar
The City Council will consider making appointments for the vacant seats on the Finance Advisory Committee during the Regular Council Meeting of March 27, 2024, based on the interviews conducted.
B. Community Development Block Grant (CDBG) FY 2024-2025 Annual Action Plan (AAP) Introduction
Recommendation: To introduce the City's Community Development Block Grant (CDBG) FY 2024-25 Annual Action Plan (AAP) for the City Council's review, discussion, and direction.
David Razo, Analyst for the Engineering Department, introduced the City's Community Development Block Grant (CDBG) FY 2024-25 Annual Action Plan (AAP) for the City Council's review, discussion, and direction. The following points were covered:
• Community Development Block Grant (CDBG)
• Annual Action Plan (AAP)
• Program Administration
• Public Infrastructure
• Public Services
• Anticipated CDGB Allocations for FY 2024-2025
• Proposed Public Improvements FY 2024-2025
• Schedule
• Fiscal Impact
The City Council asked questions for clarification, which were responded to by staff. This item was for information and discussion only, there was no formal action taken by the Council.
Grants Management Overview
Recommendation: This agenda item is for review and discussion only.
Kevin Biersack, Finance Services Director, provided an overview of the Grants Management Program. The following points were covered:
• Financial Services- Grants Management/Analyst
• Primary Functions
• Grant Timeline Components
• Identifying Funding Opportunities
• Grant Application Submission
• Grant Admission
• Grant Closure
• Grant Team
• Grant Management Activity
The City Council asked clarifying questions, which were responded to by staff.
This item was for information and discussion only, there was no formal action taken by the City Council.
Refunding of Tax Allocation Bonds
Cathedral City Page 2 Printed on 4/04/2024
Recommendation: This agenda item is for review and discussion only.
Kevin Biersack, Financial Services Director, provided an overview of Potential Tax Allocation Bonds Refunding. The following points were presented:
• Redevelopment Project Area Map
• Tax Allocation Bond Debt
• Refunding Candidates- Currently Callable Tax Allocation Bonds • Municipal Bond Rates
• Total Projected Bond Savings
• Savings Analysis
• Savings Sensitivity Analysis
• Estimated Financing Schedule
The City Council asked clarifying questions, which were responded to by staff.
This item was for information and discussion only, there was no formal action taken. An item for consideration and formal approval will come before the City Council at the April 24, 2024 meeting.
CLOSED SESSION
City Attorney Eric Vail announced that the City Council will adjourn to Closed Session to discuss the following items listed on the agenda.
A. Conference with Legal Counsel - Anticipated Litigation/Threat of Litigation, Pursuant to Government Code Section 54956.9(d)(2).
Number of Potential Cases: One
ADJOURN
The City Council adjourned to Closed Session at 4:41 p.m.
Mark Can le
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Mayor, City of Cathedral City City Clerk, City of Cathedral City Cathedral City Page 3 Printed on 4/04/2024