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HomeMy WebLinkAbout00 OB AGENDA 10-09-12 (posted 10-5-12)OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY CALL TO ORDER ROLL CALL Chair Vice Chair Secretary Board Member Board Member Board Member Board Member COUNCIL CHAMBER 300 CENTENNIAL WAY TUSTIN, CALIFORNIA REGULAR MEETING OCTOBER 9, 2012 4:00 P.M. Doug Davert Debra Fitzsimons Jerry Amante John Nielsen Chuck Puckett Matt West Anthony Soria PLEDGE OF ALLEGIANCE — Chair Davert 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 ITEMS 1 -2 1. APPROVAL OF MINUTES — REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE FORMER TUSTIN COMMUNITY REDEVELOPMENT AGENCY HELD ON AUGUST 28, 2012 AND SPECIAL MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY HELD ON OCTOBER 1, 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) Recommendation /Proposed Action That the Board approve the Minutes of the Regular Meeting of the Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency held on August 28, 2012 and the Special Meeting of the Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency held on October 1, 2012. 2. RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY, ADOPTING A CONFLICT OF INTEREST CODE Recommendation /Proposed Action Adopt the attached Oversight Board Resolution No. 12 -11, "Resolution of the Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency, Adopting a Conflict of Interest Code." OVERSIGHT BOARD RESOLUTION NO. 12 -11 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY, ADOPTING A CONFLICT OF INTEREST CODE REGULAR BUSINESS ITEM 3 3. APPROVE THE DUE DILIGENCE REVIEW OF THE LOW AND MODERATE INCOME HOUSING FUND AND TRANSMIT THE DETERMINATION OF THE AMOUNT OF AVAILABLE CASH FOR DISBURSEMENT TO THE DEPARTMENT OF FINANCE AND COUNTY OF ORANGE AUDITOR - CONTROLLER Recommendation /Proposed Action In accordance with California Health and Safety Code (HSC) Section 34179.6, it is recommended the Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency take the following actions: 1. Review the Due Diligence Review of the Low and Moderate Income Housing Fund from White Nelson Diehl Evans LLP, the Successor Agency's certified accountant, including comments from the public and County of Orange Auditor - Controller; and 2. Adopt Oversight Board Resolution No. 12 -10, approving the transmittal to the Department of Finance and County of Orange Auditor - Controller of the Due Diligence Review's determination of available cash and cash equivalents for disbursement to taxing entities. Oversight Board of the Successor Agency to the Page 2 Tustin Community Redevelopment Agency Regular Meeting Agenda — October 9, 2012 OVERSIGHT BOARD RESOLUTION NO. 12 -10 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY APPROVING WHITE NELSON DIEHL EVANS LLP'S DUE DILIGENCE REVIEW FINDINGS OF THE LOW AND MODERATE INCOME HOUSING FUND AND AUTHORIZING THE SUCCESSOR AGENCY TO RETAIN THE LOW AND MODERATE INCOME HOUSING FUND BALANCE ADJOURNMENT: The next regular meeting of the Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency is scheduled for October 23, 2012 at 4:00 p.m. in the Council Chamber at 300 Centennial Way, Tustin, California. Copies of the staff reports or other written documentation related to each item of business described above are on file in the office of the Clerk 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 may be purchased for $.10 per page. In addition, staff reports can be reviewed online at www.tustinca.org. AFFIDAVIT OF POSTING STATE OF CALIFORNIA COUNTY OF ORANGE CITY OF TUSTIN I, Pamela Stoker, City Clerk 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, October 5, 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 CLEMK Oversight Board of the Successor Agency to the Page 3 Tustin Community Redevelopment Agency Regular Meeting Agenda — October 9, 2012