Agenda

Meeting Of The Board Of The

Redevelopment Authority Of The County Of Lancaster

Tuesday, March 23, 2004

Immediately Following The 5:00 P.M. Board Meeting Of The

Lancaster County Housing Authority

At The Offices Of The

Lancaster County Housing And Redevelopment Authorities

150 North Queen Street, 1st Floor, Suite 120

_____________________________

 

 

I.                     Call To Order

II.                   Public Comments

III.                  Minutes Of the February 24, 2004 Meeting

IV.               Treasurer’s Report For the Month Of February 2004

V.                 Report Of the Executive Director

VI.               Correspondence/Communications

VII.              Committee Reports

VIII.            Old Business.

IX.               New Business:

1.                  Resolution To Procure The Services Of An Investment Banking Firm To Serve As Managing Underwriter  For The Multi-Purpose Stadium Revenue Lease Bond.

 

The Board is asked to enter into an agreement with ______________________ to serve as senior managing underwriter for the proposed issuance of the estimated $13.44 million revenue lease bonds for the construction of the Lancaster Multi-purpose Stadium.

 

Also, the Board is asked to authorize the Executive Director to negotiate the final agreement for services based upon the proposal received on March 12, 2004 and execute said agreement on behalf of the Board of Directors.

 

2.                  Resolution To Procure The Services Of A Bank To Serve As Trustee, Registrar, Paying Agent And Continuing Disclosure Agent  For The Multi-Purpose Stadium Revenue Lease Bond.

 

The Board is asked to enter into an agreement with ______________________ to serve as trustee, registrar, paying agent and continuing disclosure agent for the proposed issuance of an estimated $13.44 million revenue lease bonds for the construction of the Lancaster Multi-purpose Stadium.

 

Also, the Board is asked to authorize the Executive Director to negotiate the final agreement for services based upon the proposal received on March ___, 2004 and execute said agreement on behalf of the Board of Directors.

 

3.                  Resolution Reserving Funding For The Golden Triangle Apartments Project.

 

The Board is asked to authorize issuance of a Reservation of Funds letter reserving HOME Investment Partnerships Program funds in an amount not to exceed $1,200,000 for the Golden Triangle Apartments Project. 

 

Also, the Board is asked to authorize the Executive Director or the Director of Community Development to execute all documents related to the transactions contemplated herein.

 

4.                  Resolution Reserving Funding For The Fordney Road Single Room Occupancy Project.

 

The Board is asked to authorize issuance of a Reservation of Funds letter reserving HOME Investment Partnerships Program or Community Development Block Grant Program funds in an amount not to exceed $375,000 for the Fordney Road Single Room Occupancy Project.

 

Also, the Board is asked to authorize the Executive Director or the Director of Community Development to execute all documents related to the transactions contemplated herein.

 

5.                  Resolution Approving A Contract With Community Action Program Of Lancaster County, Inc. For The Operation Of The Energy Conservation Center.

 

The Board is asked to approve the execution of a contract with the Community Action Program of Lancaster County, Inc. for the operation of the ENERGY CONSERVATION CENTER to provide weatherization services for approximately 80 low and moderate income homeowners for a period beginning March 23, 2004 and terminating on March 1, 2005 in and amount not to exceed ONE HUNDRED FIFTY THOUSAND AND 00/100 ($150,000.00) DOLLARS of Fiscal Year 2004 Community Development block Grant Funds.

 

 

X.        Other Business

 

 

            The next meeting of the Board of the Redevelopment Authority of the County of Lancaster will be held on Tuesday, April 27, 2004, immediately following the 5:00 p.m. meeting of the Lancaster County Housing Authority in the offices of the Lancaster County Housing and Redevelopment Authority, 150 North Queen Street, 1st floor, Suite 120, Lancaster, PA. 

 

XI.        Adjournment.

 

 

 

For additional information or questions regarding this Agenda, please contact Randy S. Patterson, Executive Director at 717-394-0793 or by e-mail at rpatterson@lchra.com.  

 

If you are a person with a disability who wishes to attend this meeting and requires any auxiliary aid, service, or other accommodation to enable you to participate in the meeting, please contact the Redevelopment Authority at (717) 394-0793 to discuss how we may best accommodate your needs.