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Adelanto council approves financing participation, budget extension, donations and sponsorships; changes meeting time

Adelanto City Council · August 28, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its Aug. 28 meeting the Adelanto City Council approved participation in a CEDA financing program for a new development, extended time to finalize the fiscal-year budget, directed a donation to the Adelanto Warriors (about half of fireworks proceeds) and approved a $7,500 sponsorship for the High Desert Hispanic Chamber; the council also voted to move regular meetings to an earlier schedule and directed staff on several follow-ups.

The Adelanto City Council acted on several formal items at its Aug. 28 meeting, approving staff recommendations on development financing, a short budget timeline extension, community donations and sponsorships and a change to meeting times.

Key actions at a glance:

- CEDA participation (Steel Wave project): Council voted to approve a resolution authorizing participation in the California Enterprise Development Authority (CEDA) BAND program to facilitate infrastructure financing for a new development; staff said financing and administration would be handled by the joint powers authority rather than the city’s finance department.

- Budget extension:…

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