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ID 1983/09/27INDUSTRIAL DEVELOPMENT AUTHORITY OF ANAHEIM September 27~ 1983, 1:30 P.M. PRESENT: ABSENT: AUTHORITY MEMBERS: Kaywood, Pickler, Overholt, Bay and Roth AUTHORITY MEMBERS: None ASSISTANT CITY MANAGER: James D. Ruth CITY ATTORNEY: William P. Hopkins SECRETARY: Linda D. Roberts EXECUTIVE DIRECTOR: Norman J. Priest DEVELOPMENT SERVICES MANAGER: John Buchanan Chairman Roth called the special meeting of the Industrial Development Authority of Anaheim to order at 4:07 p.m. MINUTES: Authority Member Bay moved to approve the minutes of the special meeting held July 20, 1982. Authority Member Kaywood seconded the motion. MOTION CARRIED. Executive Director of Community Development Norman Priest briefed the Authority on his memorandum dated September 16, 1983, recommending that the Authority accept the Industrial Development Bond Application, the application fee, and adopt a resolution to make determinations regarding financing for the purpose of acquiring, constructing and equipping a building housing corporate headquarters and production facilities for Quality Systems, Incorporated. If the resolution was approved by the Authority today indicating their intention but not giving final approval of the bond issue, it would be brought back to them in November as the City Council, simply to acknowledge the action and to approve submission of an application. Technically, they were required to advertise for 30 days after the Authority's action. It would then come back to them as a Council and then submitted for State approval. In approximately two weeks, he would be asking them as a Council to waive the 30-day period so they could move ahead. They felt they had a good applicant, they had submitted the required fee, and at this point in time they saw them as a real addition to the job base. The Industrial Development Board did meet with the applicant, reviewed the application and recommended favorable action. At the request of the Chairman, Mr. Priest introduced Mr. Gregory Heinrich, Vice President-Finance of Quality Systems, Inc., and Mr. Philip Lee, Bond Counsel. He also introduced staff member John Buchanan, DevelopmentServices Manager, who was also present and the man directly responsible for the proposed action before the Authority today. Chairman Roth stated that a business such as Quality Systems, Inc., would be very welcome to the City in providing jobs to its citizens. Authority Member Bay offered Resolution No. IDAA83-1 for adoption. Refer to Resolution Book. 183: RESOLUTION NO. IDAA-i: A RESOLUTION OF THE INDUSTRIAL DEVELOPMENT AUTHORITY OF ANAHEIM, CALIFORNIA, MAKING DETERMINATIONS WITH RESPECT TO THE FINANCING OF FACILITIES FOR A COMPUTERIZED INFORMATION PROCESSING SYSTEMS DESIGN AND MARKETING CENTER AND AUTHORIZING CERTAIN ACTS IN PREPARATION THEREFOR. INDUSTRIAL DEVELOPMENT AUTHORITY OF ANAHEIM September 27, 1983~ 1:30 P.M. Roll Call Vote: AYES: NOES: ABSENT: AUTHORITY MEMBERS: AUTHORITY MEMBERS: AUTHORITY MEMBERS: Kaywood, Pickler, Overholt, Bay and Roth None None The Chairman declared Resolution No. IDAA83-1 duly passed and adopted. ADJOURNMENT: Authority Member Roth moved to adjourn. Authority Member Bay seconded the motion. MOTION CARRIED. (4:14 p.m.) LINDA D. ROBERTS, SECRETARY