HomeMy WebLinkAbout01 MINUTES 10-09-12T T
COMMUNITY *VERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE
TUSTIN •'
COUNCIL CHAMBER
300 CENTENNIAL WAY
TUSTIN, CALIFORNIA
REGULAR MEETING
CALL TO ORDER at 4:00 p.m.
ROLL CALL
Present: Chair Doug Davert, , Secretary Jerry Amante and Board
Members John Nielsen and Chuck Puckett
Absent: Vice Chair Fitzsimons, Board Members Anthony Soria and
Matt West
Successor Agency Clerk: Patricia Estrella
Others Present: David E. Kendig, Legal Counsel to the Successor Agency
PLEDGE OF ALLEGIANCE — Chair Davert
PUBLIC INPUT — None
CONSENT CALENDAR ITEMS 1 -2
Motion: It was moved by Board Member Puckett and seconded by Secretary Amante to
approve the consent calendar items on the agenda as recommended by staff.
Motion carried 4 -0
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
Oversight Board of the Successor Agency to the Page 1
Tustin Community Redevelopment Agency
Regular Meeting Minutes
2. RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR
AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY,
ADOPTING A CONFLICT OF INTEREST CODE
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
The public comment session was closed at 4:02 p.m.
Motion: It was moved by Secretary Amante and seconded by Board Member
Nielsen that the Oversight Board:
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.
Motion carried 4 -0
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
Oversight Board of the Successor Agency to the Page 2
Tustin Community Redevelopment Agency
Regular Meeting Minutes
ADJOURNED at 4:04 p.m. The
Successor Agency to the Tustin
October 23, 2012 at 4:00 p.m. in
California.
next regular meeting of the Oversight Board of the
Community Redevelopment Agency is scheduled for
the Council Chamber at 300 Centennial Way, Tustin,
SECRETARY
Oversight Board of the Successor Agency to the Page 3
Tustin Community Redevelopment Agency
Regular Meeting Minutes