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HomeMy WebLinkAbout01 MINUTES 4-10-12Agenda Item 1 MINUTES OF THE REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE FORMER TUSTIN COMMUNITY REDEVELOPMENT AGENCY APRIL 10, 2012 4:00 P.M. COUNCIL CHAMBER 300 CENTENNIAL WAY TUSTIN, CALIFORNIA Z9110K_11111111111 Present: Chair Doug Davert, Secretary Jerry Amante and Board Members John Nielsen, Chuck Puckett, Matt West and Anthony Soria Absent: Vice Chair Debra Fitzsimons Successor Agency Clerk: Patricia Estrella Others Present: David E. Kendig, Legal Counsel to the Successor Agency PLEDGE OF ALLEGIANCE — Chair Davert CONSENT CALENDAR — It was moved by Secretary Amante and seconded by Board Member Nielsen to pull consent items 2, 3 and 4 and to approve the balance of the consent calendar items as recommended by staff. Motion carried 6 -0 1. APPROVAL OF MINUTES — REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY OF THE FORMER TUSTIN COMMUNITY REDEVELOPMENT AGENCY HELD ON MARCH 27, 2012 Recommendation: That the Board approve the Minutes of the Regular Meeting of the Oversight Board of the Successor Agency of the Former Tustin Community Redevelopment Agency held on March 27, 2012. 2. APPROVAL OF SECOND RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR PERIOD OF JULY 1, 2012 THROUGH DECEMBER 31, 2012 Oversight Board of the Successor Agency to the Page 1 Former Tustin community Redevelopment Agency Regular Meeting Minutes Motion: It was moved by Secretary Amante and seconded by Board member Puckett to approve the Second Recognized Obligation Payment Schedule (ROPS) for the period July 1, 2012 through December 31, 2012, subject to the following conditions: 1. Successor Agency approval; 2. Review and certification by the independent auditor; 3. For any subsequent modifications required to the Second ROPS by the Successor Agency, independent auditor, or Department of Finance (DoF), the City Manager and/or Finance Director, or their authorized designee, shall be authorized to make any augmentation, modification, additions or revisions as may be necessary subject to certification by the Oversight Board Chair. Motion carried 5-1 (Board Member Soria dissenting) 3. APPROVAL OF FIRST AMENDED INITIAL RECOGNIZED OBLIGATION PAYMENT SCHEDULE A draft letter to the California Department of Finance dated April 10, 2012 regarding City of Tustin Acting as Successor Agency to the Tustin Community Redevelopment Agency Initial Recognized Obligation Payment Schedule was distributed to the Oversight Board by Christine Shingleton, Assistant Executive Director. Motion: It was moved by Secretary Amante and seconded by Board Member Nielsen to: Approve the First Amended Initial Recognized Obligation Payment Schedule (ROPS), subject to the following conditions: A. Modifications to the ROPS requested by the Department of Finance (DoF) are being made under protest with the Oversight Board and Successor Agency to reserve all rights to seek payment for any obligations removed from the Initial ROPS under protest; B. Review and certification by the independent auditor; C. Should any subsequent modifications be required to the First Amended ROPS by the Successor Agency, independent auditor or the Department of Finance (DoF), the City Manager and/or Finance Director, or their authorized designee, shall be authorized to make augmentation, modification, additions or Oversight Board of the Successor Agency to the Page 2 Former Tustin Community Redevelopment Agency Regular Meeting Minutes revisions as may be necessary subject to certification by the Oversight Board Chair. 2. Authorize transmittal of the First Amended Initial ROPS to the DoF, State Controller, and County Auditor - Controller. 3. Authorize the Chairman of the Oversight Board to sign a letter addressed to the Department of Finance regarding items DoF asked the Successor Agency to remove from the Initial ROPS in addition to the Successor Agency on behalf City Manager and Executive Director Motion carried 5 -1 (Board Member Soria dissenting) 4. REVIEW AND AUTHORIZATION FOR SUCCESSOR AGENCY PROPOSED ACTION TO ENTER INTO A FIRST AMENDED AGREEMENT BETWEEN THE CITY AND SUCCESSOR AGENCY FOR ADMINISTRATIVE SUPPORT PURSUANT TO HEALTH AND SAFETY CODE SECTION 34171 FOR FISCAL YEAR 2012 -13 AND ALSO PROPOSED ACTION BY SUCCESSOR AGENCY TO APPROVE AN ADMINISTRATIVE BUDGET PURSUANT TO HEALTH AND SAFETY CODE SECTION 341770) FOR THE PERIOD FROM JULY 1, 2012 THROUGH DECEMBER 31, 2012 Motion: It was moved by Secretary Amante and seconded by Board Member Nielsen to: Approve proposed Successor Agency action to adopt a proposed Administrative Budget pursuant to CRL Section 341770) for the period from July 1, 2012 through December 31, 2012. 2. Approve proposed Successor Agency action to enter into a First Amended Agreement with the City for reimbursement of costs incurred by City to support Successor Agency operations and obligations for fiscal year 2012 -13. The Successor Agency shall also be authorized to enter into any agreements necessary to provide administrative support services as identified in the Administrative Budget, including vendor services. Motion carried 6 -0 ADJOURNED at 4:32 p.m.: The next regular meeting is scheduled for May 22, 2012 at 4:00 p.m. in the Council Chamber at 300 Centennial Way, Tustin, California. Oversight Board of the Successor Agency to the Page 3 Former Tustin Community Redevelopment Agency Regular Meeting Minutes