12/14/2004 Minutes IDA
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APPROVED BY THE DIRECTORS ON DECEMBER 13,2005
ORANGE INDUSTRIAL DEVELOPMENT AUTHORITY ORANGE, CALIFORNIA
MINUTES OF A REGULAR ANNUAL MEETING December 14, 2004
The Orange Industrial Authority of the City of Orange, California, convened on December
14, 2004, at 4:30 p.m. in a Regular Meeting in the Council Chambers, 300 E. Chapman
Avenue, Orange, California.
4:30 P.M. SESSION
1.
ROLL CALL
PRESENT - Smith, Ambriz, Chairman Murphy, Cavccche, Dumitru
ABSENT - None
2. PUBLIC COMMENTS - None.
3. CONSENT CALENDAR
3.1 Declaration of the Secretary of the Orange Industrial Development Authority, Mary E.
Murphy, declaring posting of Orange Industrial Development Authority Agenda of a
regular meeting of December 14, 2004 at Orange Civic Center kiosk, Police facility at 1107
North Batavia, and Shaffer Park, all of said locations being in the City of Orange and
freely accessible to members of the public at least 72 hours before commencement of said
regular meeting; and available at the Civic Center City Clerk's Office and Main Public
Library at 101 N. Center Street.
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
9,2003. (IC2500.D.4)
NOTE: Directors Dumitru and Smith abstained.
ACTION: Approved.
MOTION - Ambriz
SECOND - Cavecche
A YES - Smith, Ambriz, Chairman Murphy, Cavecche, Dumitru
All items on the Consent Calendar were approved as recommended. Directors
Dumitru and Smith abstained on Item 3.2.
END OF CONSENT CALENDAR
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INDUSTRIAL DEVELOPMENT AUTHORITY MINUTES
December 14, 2004
4. REPORTS OF OFFICERS AND COMMITTEES
4.1 Administrative Report from the Acting 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)
SUMMARY: Administrative Report from the Acting Assistant Executive Director regarding the
status of the Industrial Development Authority (IDA) of the City of Orange Issue A of 1997 on behalf
of Control Air Conditioning Corporation.
Jim Reichert, Acting Assistant Executive Director reported that due to the growth and expansion of
Control Air Conditioning, they had recently moved to another facility in another city.
Director Cavecche asked if the Authority would continue due to the move of the Control Air
Conditioning Corporation out of the City of Orange.
Mr. Reichert reiterated that this yearly report was on thc activities of the Authority and it was possible
that another bond issue could be considercd in the future with another company.
Dircctors concurred that a reassessment could occur in the future regarding the existence of the IDA.
MOTION - Murphy
SECOND - Cavecche
A YES - Smith, Ambriz, Chairman Murphy, Cavecche, Dumitru
ACTION: Received and filed, as requircd 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.
FISCAL IMPACT: The Report has no impact on the City of Orange or Orange Redevelopment
Agency budgets (the Industrial Development Authority does not have an annual budget).
5. UNFINISHED BUSINESS - None.
6. NEW BUSINESS - None.
7. ADJOURNMENT - The Authority adjourned at 5:50 p.m.
J~~~
SECRETARY, INDUSTRIAL
DEVELOPMENT AUTHORITY
MA A. MURPHY, C
INDUSTRIAL DEVEL P
AUTHORITY
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