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HomeMy WebLinkAboutSA 01 MINUTES 5-1-12Agenda Item SA I Reviewed: City Manager 7/ Finance Director A"/A MAY 1, 2012 CLOSED SESSION 5:30 P.M. (The meeting will convene immediately following the adjournment of the Closed Session of the City Council) CALL TO ORDER — Meeting #5 at 5:38 p.m. Is 9 i " DIZ Present: Mayor John Nielsen, Mayor Pro Tern Al Murray, and Councilmembers Jerry Amante and Rebecca "Beckie" Gomez Absent: Councilmember Deborah Gavello City Clerk: Patricia Estrella, City Clerk Services Supervisor Others Present: David E. Kendig, City Attorney 1:111111:11 plea I k i 1211= CLOSED SESSION ITEM - The Brown Act permits legislative bodies to discuss certain matters without members of the public present. The Successor Agency to the Tustin Community Redevelopment Agency finds, based on advice from the City Attorney, that discussion in open session of the following matters will prejudice the position of the City in existing and anticipated litigation: A. CONFERENCE WITH LEGAL COUNSEL - INITIATION OF LITIGATION [Govt. Code § 54956.9(c)] — One Case RECESSED AT 5:38 p.m. RECONVENED AT 8:28 p.m. Successor Agency to the Tustin Community Redevelopment Agency May 1, 2012 Regular Meeting Minutes Page 1 of 3 REGULAR MEETING 7:00 P.M. (The meeting will convene immediately following the adjournment of the Regular Meeting of the City Council) CALL TO ORDER — Meeting #5 at 8:28 p.m. ATTENDANCE Present: Mayor John Nielsen, Mayor Pro Tern Al Murray, and Councilmembers Jerry Amante and Rebecca "Beckie" Gomez Absent: Councilmember Deborah Gavello City Clerk: Pamela Stoker, City Clerk Others Present: David E. Kendig, City Attorney CLOSED SESSION REPORT — City Attorney David E. Kendig — No reportable action. 101:1001 W CONSENT CALENDAR ITEMS 1 -2 It was moved by Councilmember Amante and seconded by Mayor Pro Tern Murray to approve the consent calendar items as recommended by staff. Motion carried 4 -0 APPROVAL OF MINUTES — REGULAR MEETING OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY HELD ON APRIL 17, 2012 Recommendation: That the Successor Agency to the Tustin Community Redevelopment Agency approve the Action Minutes of the Regular Meeting of the Successor Agency to the Tustin Community Redevelopment Agency held on April 17, 2012. 2. ADOPT RESOLUTION NO. 12 -05 AUTHORIZING INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND (LAIF) With the dissolution of Redevelopment Agencies with the passage of AB 26, monies held with the project funds for the Tustin Community Redevelopment Agency were transferred to the Successor Agency to the Tustin Community Redevelopment Agency. Resolution No.12 -05 authorizes investment of those monies in the Local Agency Investment Fund (LAIF). Recommendation: That the City Council adopt Resolution No. 12 -05 authorizing Successor Agency to the Tustin Community Redevelopment Agency May 1, 2012 Regular Meeting Minutes Page 2 of 3 the investment of monies into LAIF and Director and the Finance Manager as withdraw the monies invested in LAIF. appoint the City Treasurer, the Finance the individuals authorized to deposit or SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY RESOLUTION NO. 12 -05 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA ACTING AS SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY AUTHORIZING INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND (LAIF) RECESSED at 8:29 p.m. to second Closed Session CLOSED SESSION REPORT — No reportable action. b • . • , • Successor Agency to the Tustin Community Redevelopment Agency May 1, 2012 Regular Meeting Minutes Page 3 of 3