HomeMy WebLinkAboutSA MINUTES 05-15-18 DRAFTCITY OF TUSTIN SPECIAL MEETING MAY 15, 2018
OF THE SUCCESSOR AGENCY COUNCIL CHAMBER
300 CENTENNIAL WAY, TUSTIN
Dr. Allan Bernstein, Chair Pro Tem Al Murray, Chair Jeffrey C. Parker/City Manager
Charles E. Puckett, Agency Member City Treasurer
Letitia Clark, Agency Member David E. Kendig, City Attorney
Steve Kozak, Agency Member Erica N. Rabe, City Clerk
MINUTES OF THE SPECIAL MEETING OF THE
SUCCESSOR AGENCY TO THE TUSTIN
COMMUNITY REDEVELOPMENT AGENCY
5:15 P.M.
CALL TO ORDER at 5.18 p.m. 1%0
ATTENDANCE — Chair Pro Tem Bernstein announced that all members were in attendance
with the exception of Chair Murray and Agency Member Clark.
PUBLIC INPUT -
CONSENT CALEB
It was moved by Agency Member Puckett and seconded by Agency Member Kozak to
approve the Consent Calendar as recommended by staff.
Motion carried- 3-0 1
1. APPROVAL OF MINUTES — SPECIAL MEETING OF THE SUCCESSOR
AGENCY HELD ON JANUARY 16, 2018.
Motion: That the Successor Agency approve the Action Minutes of the Special
Meeting of the Successor Agency held on January 16, 2018.
2. SUCCESSOR AGENCY APPROVAL OF AN AMENDED ADMINISTRATIVE
BUDGET AND AUTHORIZATION TO ENTER INTO A THIRTEENTH
AMENDED AGREEMENT BETWEEN THE CITY AND SUCCESSOR AGENCY
FOR ADMINISTRATIVE SUPPORT
Successor Agency May 15, 2018
Special Meeting Minutes Page 1 of 3
Successor Agency approval is requested of an amended Administrative Budget
and authorization for the City and Successor Agency to enter into a Thirteenth
Amended Agreement for reimbursement of administrative support.
Motion: It is recommended the City, acting as the Successor Agency to the
Tustin Community Redevelopment Agency ("Successor Agency"), take the
following actions:
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.
Agency Member Calrk arrivedat 5:19 p.m.
%h,
REGULAR BUSINESS ITEM 3
3. SUCCESSOR AGENCY APPROVAL OF THE LAST AND FINAL
RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR FISCAL YEARS
2019-20 THROUGH 2040-41
Pursuant to Health and Safety Code ("HSC") Section 34191.6(a), the City of
Tustin, acting as the Successor Agency to the Tustin Community Redevelopment
Agency (Successor Agency), is seeking approval of the Last and Final
Recognized Obligation Payment Schedule ("ROPS") for the period covering from
Fiscal Year ("FY") 2019-20 through FY 2040-41.
It was moved by Agency Member Puckett and seconded by Agency Member
Clark that the City Council, acting as the Successor Agency, approve the Last
and Final ROPS, and authorize submission of the Last and Final ROPS to the
Department of Finance ("DoF"), subject to the following conditions:
1. Review and approval by the Oversight Board; and
Successor Agency May 15, 2018
Special Meeting Minutes Page 2 of 3
Motic
ADJ(
2. Should any subsequent modifications be required to the Last and Final
ROPS 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 or revisions as may be necessary subject to certification by
the Oversight Board Chair.
(Note: Pursuant to California Health and Safety Code (HSC) Section
34191.6(c), DoF has 100 days to review the Last and Final ROPS.)
Successor Agency May 15, 2018
Special Meeting Minutes Page 3 of 3