NOTICE OF ANNUAL PUBLIC MEETING
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF THE CITY OF PHOENIX, ARIZONA
BOARD OF DIRECTORS
Pursuant to A.R.S. Section 38-431.02, notice is hereby given
to the members of THE INDUSTRIAL
DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX,
ARIZONA BOARD OF DIRECTORS, and to the general public, that THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF
PHOENIX, ARIZONA BOARD OF DIRECTORS will hold its Annual Meeting open to the public on Tuesday,
November 10, 2009, at 3:30 p.m., located at Calvin C.
Goode Municipal Building, 251 West Washington Street, 9th Floor,
Conference Room 910, Phoenix, Arizona.
Certain agenda items, as indicated below, may be discussed
in executive session.
One or more Board Members may participate via teleconference.
The agenda for the meeting is as follows:
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1.
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Approval
of Meeting Minutes
a.
September
25, 2009
Nominating Committee Regular Meeting Minutes
b.
October
13, 2009
Board of Directors Regular Meeting Minutes
c. October 13, 2009 Board of Directors Executive
Session Meeting Minutes
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2.
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Dunn-Edwards
Project, Recovery Zone Facility Bonds, Series 2009
Discuss and consider preliminary approval of the
application from Dunn-Edwards Corporation, a Delaware corporation (the
“Applicant”), for the proposed issuance
of the Authority’s Revenue Bonds (Dunn-Edwards
Project), in one or more tax-exempt and/or taxable series in an aggregate
principal amount not-to-exceed $30,000,000, to (i) finance the costs of acquiring, constructing, improving and equipping approximately
18 acres of land and a newly constructed, 304,000 square foot building,
located at 520 South 67th Avenue in Phoenix, Arizona, for use as a
facility for the manufacturing of paint, coatings and related products as a
distribution facility, as administrative offices for regional sales staff and
support staff, and as a location for a retail store (ii) fund any
required reserve funds, and (iii) pay capitalized interest, if any.
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3.
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Financial
Statements for the period ending September 30, 2009
Discuss and
consider approval of financial statements for the period ending September 30, 2009.
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4.
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Audit
Report for Fiscal Year Ending June 30, 2009
Discuss
and consider the Financial Audit Report. If authorized by a majority vote
of the Board, an executive session will be held immediately following the
vote in accordance with A.R.S. §38-431.03(A) and the meeting will be
temporarily recessed while the Board retires to executive session which will
not be open to the public.
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5.
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Employment
Policies
Discuss
and consider final approval of the Authority’s Employment Policies. If
authorized by a majority vote of the Board, an executive session will be held
immediately following the vote in accordance with A.R.S. §38-431.03(A) and
the meeting will be temporarily recessed while the Board retires to executive
session which will not be open to the public.
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6.
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Bond
and Loan Portfolio Report
Discuss
and consider the accounts receivable of the Authority’s outstanding bonded
indebtedness and loan portfolio. If authorized by a majority vote of the
Board, an executive session will be held immediately following the vote in
accordance with A.R.S. §38-431.03(A) and the meeting will be temporarily
recessed while the Board retires to executive session which will not be open
to the public.
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7.
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President’s
Report
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8.
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Executive
Director’s Report
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9.
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Board
of Directors Election of Officers
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Adjournment
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For further information, please call Mr. Juan Salgado,
Executive Director, The Industrial Development Authority of the City of
Phoenix, Arizona, at 602-262-7304.
For reasonable accommodations, call Mike Santellanes at
Voice/602-262-7644 or TTY/602-534-5500 as early as possible to coordinate
needed arrangements.
Date Posted: November 5, 2009