HomeMy WebLinkAbout00 AGENDA 03-27-12 - POSTED 03-23-12OVERSIGHT BOARD OF THE SUCCESSOR AGENCY OF THE FORMER TUSTIN
COMMUNITY REDEVELOPMENT AGENCY
CALL TO ORDER
ROLL CALL
Chair
Vice Chair
Secretary
Board Member
Board Member
Board Member
Board Member
REGULAR MEETING
MARCH 27, 2012
4:00 P.M.
COUNCIL CHAMBER
300 CENTENNIAL WAY
TUSTIN, CALIFORNIA
Doug Davert
Debra Fitzsimons
Jerry Amante
John Nielsen
Chuck Puckett
Matt West
Anthony Soria
PLEDGE OF ALLEGIANCE -Secretary Amante
PUBLIC INPUT (Limited to 3 minutes per person on items not on the Agenda)
At this time members of the public may address the Oversight Board on any subject
matter pertaining to former Tustin Community Redevelopment Agency business and
within the subject matter jurisdiction of the Oversight Board (NO action can be taken on
off-agenda items unless authorized by law). Please fill out one of the forms located at
the speaker's table so that your remarks within the recording of the meeting can be
attributed to you.
CONSENT CALENDAR
1. APPROVAL OF MINUTES -SPECIAL MEETING OF THE OVERSIGHT
BOARD OF THE SUCCESSOR AGENCY OF THE FORMER TUSTIN
COMMUNITY REDEVELOPMENT AGENCY HELD ON MARCH 13, 2012
Recommendation: That the Board approve the Minutes of the Special
Meeting of the Oversight Board of the Successor Agency of the Former Tustin
Community Redevelopment Agency held on March 13, 2012.
ADA Assistance If you need special assistance to participate in this Oversight Board meeting, contact the City Clerk's Office at {714} 573-
3026. Please call at least 72 hours prior to the meeting to allow the City to make reasonable arrangements to ensure accessibility to this
meeting. {28 CFR 35.102.104 American Disabilities Act Title II}
2. FIRST AMENDMENT TO REGULATORY AGREEMENT AND
DECLARATION OF RESTRICTIVE COVENANTS FOR THE TUSTIN
LEGACY COVENTRY COURT PROJECT
Recommendation !Proposed Action
Authorize the Successor Agency to the Tustin Community Redevelopment
Agency ("Successor Agency") to enter into the First Amendment to the
Regulatory Agreement for the Tustin Coventry Court Project with Tustin
Coventry Seniors, LLP, the City of Tustin and Tustin Housing Authority at
Tustin Legacy (within the former MCAS Tustin Redevelopment Project Area).
(Note that the above actions by the Oversight Board (Board) shall not become
effective for 3 business days, pending any request for review by the California
Department of Finance (DoF). If DoF requests review of this Board action, it
shall have 10 days from the date of the request to approve the Board action or
return it to the Board for reconsideration of the action. If subject to review by
DoF, action shall not be effective until approved by DoF).
3. AFFIRM THAT THE HOUSING REIMBURSEMENT AGREEMENT
BETWEEN THE CITY OF TUSTIN AND THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY INCLUDING THE REMAINING DEBT
SERVICE SCHEDULE ARE AN ENFORCEABLE OBLIGATION (AS SHOWN
ON THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE)
Recommendation /Proposed Action
It is recommended that the Oversight Board of the Successor Agency to the
Tustin Community Redevelopment Agency affirm and reinforce that the
financial responsibilities identified under the June 5, 2007 Reimbursement
Agreement between the City of Tustin and Tustin Community Redevelopment,
including the debt service schedule for remaining obligations under the
Reimbursement Agreement, as originally agreed upon, are an enforceable
and recognized obligation for the Successor Agency (as shown and identified
on the Recognized Obligation Payment Schedule).
(Note: The above action by the Oversight Board (Board) shall not become
effective for three business days, pending any request far review by the
Department of Finance (DoF). If DoF requests review of this Board action, it
shall have ten days from the date of its request to approve the Board action or
return it to the Board for consideration and the action, if subject to review by
DoF, shall not become effective until approved by DoF.)
ADJOURNMENT
Oversight Board of the Successor Agency of the Page 2
Former Tustin Community Redevelopment Agency
Regular Meeting Agenda -March 27, 2012
Copies of fhe staff reports or other written documentation related to each item of business
described above are on file in the office of the Glerk of the Successor Agency to the Tustin
Community Redevelopment Agency, 300 Centennial Way, Tustin, CA 92780 and are available
for public inspection during regular business office hours. Copies of staff reports and written
materials maybe purchased for $.10 per page. In addition, staff reports can be reviewed online
at www. tustinca. orq.
AFFIDAVIT OF POSTING
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF TUSTIN
I, Pamela Stoker, City Cterk on behalf of the Successor Agency hereby certify, under penalty of
perjury, that I caused the posting of this agenda by 5:00 p.m., Friday, March 23, 2012, in the public
notice display case in front of the Council Chamber, 300 Centennial Way, Tustin, the public
bulletin board at the Tustin Area Senior Center, 200 "C" Street, and the public display case at
the Tustin Library, 345 E. Main Street, Tustin.
,_
PAMELA STOKER, CITY CLERK
Oversight Board of the Successor Agency of the Page 3
Former Tustin Community Redevelopment Agency
Regular Meeting Agenda -March 27, 2012