HomeMy WebLinkAbout05/27/93 MINUTES RABAKERSFIELD CENTRAL DISTRICT DEVELOPMENT AGENCY
MINUTES
SPECIAL MEETING OF MAY 27, 1993
SPECIAL MEETING - 12:00 Noon - Council Chambers, City Hall
1501 Truxtun Avenue, Bakersfield
ROLL CALL
Present:
Absent:
Agency Members Gaskill, Prince
(seated at 12:10), Araujo,
Cohrs, Lindsay
Agency Members Kober, Sceales
ACTION TAKEN
NEW BUSINESS
a. Letter of Intent from John Q. Hammons AGR RA93-8
Hotel, Inc., dated May 19, 1993.
(Bakersfield Convention Center Hotel)
Executive Director Tandy provided back-
ground information and proposed issues
to be included in a transmittal letter
in addition to the written document with
a signed submittal back to the Hammons'
firm:
1)
Thirty (30) day clause for
conversion of the cost estimate
into a final DDA.
2)
Clarify that City intends to
negotiate with other prospects;
this is not an exclusive agreement.
Motion by Lindsay to approve Letter
of Intent with the two inclusions as
stated by city Manager Tandy:
1)
Thirty (30) day clause for
conversion of the cost estimate
into a final DDA.
Clarify that City intends to
negotiate with other prospects;
this is not an exclusive agreement.
APPROVED
AB KOBER
SCEALES
Motion by Gaskill to recess to Workshop APPROVED
in the Annex Basement at 12:50 p.m.
Bakersfield, California, May 27, 1993 - Page 2
WORKSHOP
a. Budget Review.
Finance Director Klimko presented
an overview of the budget.
ACTION T~KEN
ADJOURNMENT
Special Meeting was adjourned at 1:35 p.m.
CHAI~P~R~J~N of the Central District
Development Agency of the City of
Bakersfield
ATTEST:
SECRETARY of the Central District
Development Agency of the City of
Bakersfield
MAY27 .MIN
7/ 7/93 l:29pm