HomeMy WebLinkAboutSA 01 SA MINUTES 03-20-12Agenda Item SA 01
Reviewed:
City Manager
Finance Director N rA
MINUTES OF THE
SUCCESSOR AGENCY TO THE
TUSTIN COMMUNITY REDEVELOPMENT AGENCY
300 CENTENNIAL WAY
TUSTIN, CA
MARCH 20, 2012
REGULAR MEETING
7:00 P.M.
CALL TO ORDER - Meeting #2 at 8:58 p.m.
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Present: Mayor John Nielsen, Mayor
Councilmembers Jerry Amante,
Deborah Gavello
Absent: None
City Clerk: Pamela Stoker, City Clerk
Others Present: David E. Kendig, City Attorney
PUBLIC INPUT - None
CONSENT CALENDAR ITEMS 1-4
Pro Tern Al Murray, and
Rebecca "Beckie" Gomez and
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 - SPECIAL MEETING OF THE SUCCESSOR
AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY HELD
ON FEBRUARY 21. 2012
Recommendation: That the Successor Agency to the Tustin Community
Redevelopment Agency approve the Action Minutes of the Special Meeting of
the Successor Agency to the Tustin Community Redevelopment Agenda held
on February 21, 2012.
Successor Agency to the Tustin Community Redevelopment Agency March 20, 2012
Regular Meeting Minutes Page 1 of 3
FIRST AMENDMENT TO REGULATORY AGREEMENT AND DECLARATION
OF RESTRICTIVE COVENANTS AND FIRST AMENDMENT TO
SUPPLEMENTAL REGULATORY AGREEMENT FOR THE TUSTIN LEGACY
COVENTRY COURT PROJECT
Authorization is requested for amendments to the Regulatory Agreement and
Supplemental Regulatory Agreement for the Tustin Coventry Court Project at
Tustin Legacy with Tustin Coventry Seniors, LP.
Recommendation: It is recommended that the City Council Acting as the
Successor Agency to the Tustin Community Redevelopment Agency approve
and authorize the Executive Director, or his designee, to execute the First
Amendment to Regulatory Agreement and Declaration of Restrictive Covenants.
3. AGREEMENT BETWEEN THE CITY AND SUCCESSOR AGENCY FOR
ADMINISTRATIVE SUPPORT PURSUANT TO HEALTH AND SAFETY CODE
SECTION 34171 AND SUCCESSOR AGENCY APPROVAL OF AN
ADMINISTRATIVE BUDGET PURSUANT TO HEALTH AND SAFETY CODE
SECTION 34177 0)
Successor Agency Approval is requested of an Administrative Budget and
authorization for the City and Successor Agency to enter into an agreement for
administrative support and reimbursement for such services.
Recommendation: It is recommended the City acting as the Successor Agency to
the Tustin Community Redevelopment Agency ( "City Successor Agency ") take
the following actions:
1. Adopt Resolution No. 12 -04 approving an Administrative Budget pursuant
to California Health and Safety Code Section 34177 0).
2. Approve and authorize the Successor Agency to enter into an Agreement
for Reimbursement of Costs and City /Successor Agency Operations Loan
with the City for reimbursement of costs incurred by the City to support
Successor Agency operations and obligations consistent with the
Administrative Budget approved by the Successor Agency. The Successor
Agency shall also be authorized to enter into any agreements necessary
to provide administrative support services as identified in the
Administrative Budget attached hereto.
SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY
REDEVELOPMENT AGENCY RESOLUTION NO. 12 -04
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
CALIFORNIA ACTING AS SUCCESSOR AGENCY TO THE TUSTIN
COMMUNITY REDEVELOPMENT AGENCY ADOPTING AN
ADMINSTRATIVE BUDGET PURSUANT TO CALIFORNIA HEALTH
AND SAFETY CODE SECTION 34177 OF PART 1.85 OF THE
DISSOLUTION ACT
Successor Agency to the Tustin Community Redevelopment Agency March 20, 2012
Regular Meeting Minutes Page 2 of 3
4. DELEGATION OF AUTHORITY FOR MODIFICATIONS TO THE
ENFORCEABLE OBLIGATIONS PAYMENT SCHEDULE OR RECOGNIZED
OBLIGATION PAYMENT SCHEDULE
Approval is requested to authorize certain officials of the Successor Agency to
the Tustin Community Redevelopment Agency ( "City Successor Agency ") to
make any augmentation, modification, additions or revisions as may be
necessary to any Enforceable Obligations Schedule (FOPS). or Recognized
Obligation Payment Schedule (BOPS) approved by the City Successor Agency
and Oversight Board.
Recommendation: Approve City Manager and /or Director of Finance as
delegated officials of the City Successor Agency as authorized to make any
augmentation, modification, additions, or revisions as may be necessary to the
EOPS or ROPS based on review by the California Department of Finance
( "DoF ") or the County of Orange's selected independent auditor in the case of the
ROPS.
ADJOURNED at 8:59 p.m.
Successor Agency to the Tustin Community Redevelopment Agency March 20, 2012
Regular Meeting Minutes Page 3 of 3