Loading...
HomeMy WebLinkAbout00 SA AGENDA 1.16.18CITY OF TUSTIN SPECIAL MEETING JANUARY 16, 2018 OF THE SUCCESSOR AGENCY , COUNCIL CHAMBER 300 CENTENNIAL WAY, TUSTIN Vacant, Chair Pro Tem Jeffrey C. Parker, City Manager Dr. Allan Bernstein, Agency Member Al Murray, Chair /City Treasurer Charles E. Puckett, Agency Member David E. Kendig, City Attorney Letitia Clark, Agency Member Erica N. Rabe, City Clerk Steve Kozak, Agency Member SPECIAL MEETING OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY 5:15 P.M. CALL TO ORDER ATTENDANCE PUBLIC INPUT CONSENT CALENDAR ITEMS 1-2 1. SUCCESSOR AGENCY APPROVAL OF AN AMENDED ADMINISTRATIVE BUDGET AND AUTHORIZATION TO ENTER INTO A TWELFTH AMENDED AGREEMENT BETWEEN THE CITY AND SUCCESSOR AGENCY FOR ADMINISTRATIVE SUPPORT Successor Agency approval is requested of an amended Administrative Budget and authorization for the City and Successor Agency to enter into a Twelfth Amended Agreement for reimbursement of administrative support. Recommendation: It is recommended the City, acting as the Successor Agency to the Tustin Community Redevelopment Agency ("Successor Agency"), take the following actions: Please note: Written materials relating to agenda items for an open session regular meeting of the Agency that are distributed to a majority of the Agency members less than 72 hours prior to the meeting are available for public inspection at the following locations: In the City Clerk's Office during regular business hours and following business hours (after 5:30 p.m.) in the Council Chamber on the day of the meeting. A. Approve the attached amended Administrative Budget pursuant to California Health and Safety Code (HSC) Section 34177(j). Should any subsequent modifications be determined necessary, the City Manager and/or Finance Director, or their authorized designee, shall be authorized to make augmentation, modification, additions, or revisions as may be necessary subject to Oversight Board approval. B. 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, 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. 2. APPROVAL OF MINUTES — SPECIAL MEETING OF THE SUCCESSOR AGENCY HELD ON JANUARY 17, 2017. Recommendation: That the Successor Agency approve the Action Minutes of the Special Meeting of the Successor Agency held on January 17, 2017. REGULAR BUSINESS ITEMS 3-4 3. SUCCESSOR AGENCY APPROVAL OF THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR PERIOD OF JULY 1, 2018 THROUGH JUNE 30, 2019 Pursuant to AB 1X 26 and Senate Bill ("SB") 107, the City of Tustin, acting as the Successor Agency to the Tustin Community Redevelopment Agency (Successor Agency), is seeking approval of the Recognized Obligation Payment Schedule 18-19 ("ROPS 18-19") for the period of July 1, 2018 through June 30, 2019. Recommendation: It is recommended the City Council, acting as the Successor Agency, approve ROPS 18-19 for the period of July 1, 2018 through June 30, 2019, and authorize submission of the ROPS 18-19 to the Department of Finance ("DoF") by February 1, 2018, subject to the following conditions: 1. Review and approval by the Oversight Board; and 2. Should any subsequent modifications be required to ROPS 18-19 by the Successor Agency, independent auditor, or the DoF, the Successor Agency's Executive Director 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. Successor Agency January 16, 2018 Special Meeting Agenda Page 2 of 3 (Note: Pursuant to California Health and Safety Code (HSC) Section 34177(m), the above actions by the City's Successor Agency shall not become effective for forty-five (45) business days after approval by the Oversight Board pending a review by the DoF. Within five business days of the DoF's determination, the Successor Agency can request additional review by the DoF and an opportunity to meet and confer on disputed items.) 4. DESIGNATION OF A SUCCESSOR AGENCY BOARD CHAIR PRO TEM This item requests that the Board select one of its members to serve as its Board Pro Tem in the event of Chair Murray's absence. Recommendation: Designate a member of the Successor Agency Board to serve as the Board's Chair Pro Tem. Successor Agency January 16, 2018 Special Meeting Agenda Page 3 of 3