HomeMy WebLinkAboutMinutes - Minutes - Industrial Development Authority - Meeting Date: 8/6/2020Glendale
A R I Z O N A
MINUTES OF SPECIAL TELEPHONIC MEETING OF
BOARD OF DIRECTORS OF
THE INDUSTRIAL DEVELOPMENT AUTHORITY OF
THE CITY OF GLENDALE, ARIZONA
AUGUST 6, 2020
10:00 A.M.
CALL TO ORDER
The meeting was called to order at 10:00 a.m.
2. ROLL CALL
Present: Robert Holmes, President
John Catledge, Vice President
Charles Miles, Secretary/Treasurer
Alan Berta, Member
Howard McKenna, President
Absent: Lisa Maestas, Member
Diane McCarthy, Member
Also Present: Jessi Pederson, Assistant Director of Economic Development
William F. Wilder, Esq., Law Firm Ryley & Carlock & Applewhite
John J. Fries, Esq., Law Firm Ryley & Carlock & Applewhite
Attendees: William P. Connealy, To be considered for appointment
3. FINANCIAL REPORT
Mr. Holmes advised that the first item on the Agenda was to receive a financial report. Mr. Charles,
Treasurer of the Authority, reported that the Authority had $156,594.19 on deposit in the Authority
bank accounts.
4. THE DESIGNATION OF WILLIAM P. CONNEALY TO SERVE AS SPECIAL LEGAL COUNSEL
TO THE AUTHORITY IN CONNECTION WITH THE UPCOMING FINANCING FOR PEOPLE OF
FAITH, INC., DBA ROYAL OAKS LIFE CARE COMMUNITY
Next the Board considered the appointment of Mr. Connealy to serve as special legal counsel to the
Authority regarding a new bond financing for People of Faith, Inc. since Ryley Carlock & Applewhite
would be serving as counsel to People of Faith, Inc.
Upon a motion made by Mr. McKenna and seconded by Mr. Charles, the Directors participating
voted unanimously to appoint Mr. Connealy as special legal counsel to handle the planned new
financing for People of Faith, Inc., and in this regard, to conduct on behalf of the Authority any
required public hearings.
Motioned by President Howard McKenna, seconded by Secretary/Treasurer Charles Miles
AYE: President Robert Holmes
Vice President John Catledge
Secretary/Treasurer Charles Miles
Member Alan Berta
President Howard McKenna
Passed
5. ADJOURNMENT
Next Mr. Holmes asked if there was any other business to come before the meeting and there being
none, he adjourned the meeting at 10:12 a.m.
The Industrial Development Authority meeting minutes of August 6, 2020 were submitted and approved
this 8th day of September 2020.
Suzie Ricard
Recording Secretary