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12/10/2002 Minutes IDA APPROVED BY THE DIRECTORS ON DECEMBER 9, 2003 ORANGE INDUSTRIAL DEVELOPMENT AUTHORITY ORANGE, CALIFORNIA MINUTES OF A REGULAR ANNUAL MEETING December 10, 2002 The Orange Industrial Development Authority of the City of Orange, California, convened on December 10, 2002 at 4:30 p.m. in a Regular Meeting in the Council Chambers, 300 E. Chapman A venue, Orange, California. 1. ROLLCALL PRESENT - Ambriz, Alvarez, Chairman Murphy, Coontz, Cavecche ABSENT - None 2. PUBLIC COMMENTS - None. 3. CONSENT CALENDAR 3.1 Declaration of the Secretary of the Orange Industrial Development Authority, Cassandra J. Cathcart, declaring posting of Orange Industrial Development Authority Agenda of a regular meeting of December 10, 2002 at Orange Civic Center, Main Library at 101 N. Center Street, Police facility at 1107 North Batavia, Shaffer Park, City's Website www.cityoforange.org and summarized on Time-Warner Communications, all of said locations being in the City of Orange and freely accessible to members of tbe public at least 72 hours before commencement of said regular meeting. ACTION: Accepted Declaration of Agency Posting and authorized its retention as a public record in the Office of the Authority Secretary. 3.2 Approve Orange Industrial Development Authority Minutes, Regular Meeting, December 11,2001. Note: Director Ambriz abstained as he was not present at this meeting. ACTION: Approved. MOTION - Cavecche SECOND - Murphy AYES - Ambriz, Alvarez, Murphy, Coontz, Cavecche Director Ambriz abstained on Item 3.2. All other items on the Consent Calendar were approved as recommended. END OF CONSENT CALENDAR ************ 4. REPORTS OF OFFICERS AND COMMITTEES .T-- ORANGE INDUSTRIAL DEVELOPMENT AUTHORITY AGENDA December 10, 2002 4.1 Administrative Report from the Assistant Executive Director on the Industrial Development Authority of the City of Orange Issue A of 1997 on behalf of Control Air Conditioning. (11300.0) 4. REPORTS OF OFFICERS AND COMMITTEES (Continued) SUMMARY: Administrative Report from the Assistant Executive Director regarding the status of the Industrial Development Authority of the City of Orange Issue A of 1997 on behalf of Control Air Conditioning Corporation. The Economic Development Director reported Control Air Conditioning is making their payments in a timely manner and their business is doing well. MOTION - Ambriz SECOND - Cavecche AYES - Ambriz, Alvarez, Murphy, Coontz, Cavecche ACTION: Received and filed, as required annually, an administrative report regarding the status of the Industrial Development Authority of the City of Orange Issue A of 1997 on behalf of Control Air Conditioning Corporation. 5. UNFINISHED BUSINESS - None. 6. NEW BUSINESS - None. 7. ADJOURNMENT MOTION - Ambriz SECOND - Alvarez AYES - Ambriz, Alvarez, Murphy, Coontz, Cavecche The Industrial Development Authority adjourned at 6:20 p.m. 4 5 Oar CASS . CATHC I SECRE ARY OF THE INDUSTRIAL DEVELOPMENT AUTHORITY M A. MURPHY, CH INDUSTRIAL DEVELOP AUTHORITY Page 2 r