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12/13/2005 Minutes IDA APPROVED BY THE DIRECTORS ON DECEMBER 12, 2006 ORANGE INDUSTRIAL DEVELOPMENT AUTHORITY ORANGE, CALIFORNIA MINUTES OF A REGULAR ANNUAL MEETING December 13, 2005 The Orange Industrial Authority of the City of Orange, California, convened on December 13, 2005, 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, Murphy, Cavecche, Dumitru ABSENT - None 2. PUBLIC COMMENTS - None 3. CONSENT CALENDAR 3.1 Approve Orange Industrial Development Authority Minutes, Regular Meeting, December 14, 2004. (IC2500.D.4) ACTION: Approved. MOTION - Cavecche SECOND - Smith AYES - Smith, Ambriz, Murphy, Cavecche, Dumitru The Consent Calendar was approved. END OF CONSENT CALENDAR ************ INDUSTRIAL DEVELOPMENT AUTHORITY December 13,2005 4. REPORTS OF OFFICERS AND COMMITTEES 4.1 Administrative report from the Assistant Executive Director of the Industrial Development Authority of the City of Orange. (11300.0) SUMMARY: The Bylaws of the Industrial Development Authority require that an administrative report of the Authority's activities for the prior fiscal year be presented to the Board of Directors each December. Mr. Jim Reichert, Assistant Executive Director, reported there has been no activity in the Authority; but recommended that the Authority remain in business. There is no cost to the City and it provides a tool to help attract business to Orange. MOTION - Ambriz SECOND - Cavecche AYES - Smith, Ambriz, Murphy, Cavecche, Dumitru ACTION: Received and filed. FISCAL IMPACT: The Report has no impact on the City of Orange or Orange Redevelopment Agency budgets (the IDA does not have an annual budget). 5. UNFINISHED BUSINESS 6. NEW BUSINESS 7. ADJOURNMENT The Authority adjourned at 11: 1 0 p.m. 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 13, 2005 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. t(~~ CLERK