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CITY OF RIVERSIDE <br />INDUSTRIAL DEVELOPMENT <br />AUTHORITY <br /> <br />Minutes of: <br />Time of Meeting: <br />Place of Meeting: <br />Date of Meeting: <br /> <br />Meeting of the Industrial Development Authority <br />3 p.m. <br />Art Pick Council Chamber, City Hall <br />May 7, 2002 <br /> <br />WARDS <br /> <br />Roll Call: <br /> <br />ORAL COMMUNICATIONS FROM THE AUDIENCE <br />There were no comments presented at this time. <br /> <br />DISCUSSION CALENDAR <br /> <br />INDUSTRIAL DEVELOPMENT BONDS - TRADEMARK PLASTICS, INC. - <br />807 PALMYRITA- RESOLUTION OF INTENTION <br />Following discussion, the Authority approved the recommendations of the <br />City Council Finance Committee and staff to (1) approve the Resolution of <br />Intention for the issuance of Industrial Development Bonds not to exceed <br />$6,200,000 in furtherance of Trademark Plastics, Inc.'s, proposed <br />construction of a 90,000-square-foot industrial building located at <br />807 Palmyrita Avenue, whereupon, Resolution No. 55 of the Industrial <br />~lopment Authority of the City of Riverside Amending Resolution No. 54 <br />Respect to the Financing of Facilities for Trademark Plastics, Inc. or a <br />Related Entity, was presented and adopted. <br /> <br />The Authority adjourned at 3:10 p.m. <br /> <br />Respectfully submitted, <br /> <br />COLLEE~ J. I~ICOL <br />A u t h o r i t y~_e.~,,~t a ry <br /> <br />Present <br /> <br />Motion <br />Second <br />All Ayes <br /> <br />MEMBERS <br /> <br />IDA-377 <br /> <br /> <br />