HomeMy WebLinkAboutSA 01 MINUTES 2-21-12Agenda Item SA Ol
Reviewed:
City Manager ~'
Finance Director I`:~f A
MINUTES OF THE
SUCCESSOR AGENCY TO THE
TUSTIN COMMUNITY REDEVELOPMENT AGENCY
CITY OF TUSTIN
FEBRUARY 21, 2012
SPECIAL MEETING
7:00 P.M.
CALL TO ORDER -Meeting #1 at 9:18 p.m.
ATTENDANCE
Present: Mayor John Nielsen, Mayor Pro Tem AI Murray, and Councilmembers
Jerry Amante, Rebecca "Beckie" Gomez and Deborah Gavello
Absent: None
City Clerk: Patricia Estrella, City Clerk Services Supervisor
Others Present: David E. Kendig, City Attorney
PUBLIC INPUT -None.
CONSENT CALENDAR ITEMS 1-4
It was moved by Councilmember Amante and seconded by Mayor Pro Tem Murray to
approve the consent calendar.
Motion carried: 5-0
1. APPROVAL OF MINUTES -REGULAR MEETING OF JOINT CITY COUNCIL,
REDEVELOPMENT AGENCY AND TUSTIN HOUSING AUTHORITY HELD ON
JANUARY 17, 2012
Recommendation: That the Successor Agency to the Tustin Community
Redevelopment Agency approve the Action Minutes of the Regular Meeting of
the Joint City Council, Redevelopment and Tustin Housing Authority held on
January 17, 2012.
2. SUCCESSOR AGENCY APPROVAL OF RECOGNIZED OBLIGATION
Successor Agency to the Tustin Community Redevelopment Agency February 21, 2012
Special Meeting Minutes Page 1 of 3
PAYMENT SCHEDULE CROPS} AND THIRD AMENDED ENFORCEABLE
OBLIGATION SCHEDULE
Certain actions given the recent California Supreme Court decision upholding
AB1X 26, require certain additional actions of the City of Tustin, acting as the
Successor Agency to the Tustin Community Redevelopment Agency ("Agency").
Recommendation: That the City Council acting as the Successor Agency to the
former Agency:
1. Adopt Resolution No. 12-01 approving the Recognized Obligation
Payment Schedule ("ROPS") and certain other actions pursuant to Part
1.85 of the Dissolution Act.
2. Adopt Resolution No. 12-02 approving a Third Amended Enforceable
Obligation Payment Schedule ("Third Amended EOPS") and certain other
actions pursuant to Part 1.85 of the Dissolution Act.
SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY RESOLUTION NO. 12-01
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
CALIFORNIA ACTING AS THE SUCCESSOR AGENCY TO THE
TUSTIN COMMUNITY REDEVELOPMENT AGENCY APPROVING A
RECOGNIZED OBLIGATION SCHEDULE AND AUTHORIZING
CERTAIN OTHER ACTIONS PURSUANT TO SECTION 34177 OF
PART 1.85 OF THE DISSOLUTION ACT
SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY RESOLUTION NO. 12-02
A RESOLUTION OF THE CITY OF TUSTIN, ACTING AS THE
SUCCESSOR AGENCY OF THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY ADOPTING AN AMENDED
ENFORCEABLE OBLIGATION SCHEDULE, AND MAKING CERTAIN
FINDINGS IN CONNECTION THEREWITH
3. REGULAR MEETING DATES OF THE CITY COUNCIL AND THE CITY
COUNCIL ACTING AS SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY
Recent changes in Califomia law caused the Tustin Community Redevelopment
Agency (TCRA} to be dissolved, and its "Successor Agency" is now vested with
the authority, rights, powers, duties, and obligations previously vested in the
TCRA. The goveming body of the Successor Agency is made up of the members
of the City Council, acting in their capacity of the Successor Agency's goveming
body.
Under the Brown Act, each local agency adopts a resolution stating the time and
place for holding regular meetings of its legislative body. A resolution has been
adopted for the City Council meetings, but not for the meetings of the Successor
Agency. To ensure maximum scheduling flexibility in addressing all matters that
Successor Agency to the Tustin Community Redevelopment Agency February 21, 2012
Special Meeting Minutes Page 2 of 3
the members of the City Council and the Successor Agency may be required to
act upon, it is recommended that the City Council and the City Council acting as
Successor Agency to the TCRA adopt the same schedule of regular meetings.
Recommendation: Adopt the proposed "RESOLUTION OF THE CITY COUNCIL.
OF THE CITY OF TUSTIN, CALIFORNIA, ACTING AS SUCCESSOR AGENCY
TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY ESTABLISHING
CITY COUNCIL REGULAR MEETING DATES AS THE REGULAR MEETING
DATES OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY."
SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY RESOLUTION NO. 12-03
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
CALIFORNIA, ACTING AS THE SUCCESSOR AGENCY TO THE
TUSTIN COMMUNITY REDEVELOPMENT AGENCY, ESTABLISHING
THE CITY COUNCIL REGULAR MEETING DATES TO BE THE
REGULAR MEETING DATES OF THE SUCCESSOR AGENCY TO THE
TUSTIN COMMUNITY REDEVELOPMENT AGENCY
4. SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT
AGENCY APPROVAL OF BANK ACCOUNT WITH THE BANK OF AMERICA
As of February 1, 2012, the City of Tustin became the Successor Agency to the
Tustin Community Redevelopment Agency (Successor Agency). The Successor
Agency is responsible for all financial issues of the former Tustin Community
Redevelopment Agency (TCRA); therefore, a bank account must be established
to hold funds transferred from TCRA to the Successor Agency.
Recommendation: That the City Council approve the following:
• The establishment of a bank account with Bank America;
• Approve the Bank of America Deposit Account Documentation authorizing
the City Treasurer, George Jeffries, the Finance Director, Pamela Arends-
King, and the City Manager, Jeffrey C. Parker as the individuals who can
establish accounts for the Successor Agency at Bank of America, as well
as to operate and close such accounts, and to designate persons to
operate each such account, including closing the account;
• Approve the Bank of America Merrill Lynch Deposit Account
Documentation Signature Card approving the Director of Finance, Pamela
Arends-King; the City Treasurer, George Jeffries; and the City Manager,
Jeffrey C. Parker as authorized signers on the Successor Agency bank
account.
ADJOURNED at 9:18 p.m. to the regular meeting of the City Council.
Successor Agency to the Tustin Community Redevelopment Agency February 21, 2012
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