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HomeMy WebLinkAboutOB MINUTES 01.28.14 - SPECIALMINUTES OF THE SPECIAL MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY COUNCIL CHAMBER 300 CENTENNIAL WAY TUSTIN, CALIFORNIA JANUARY 28, 2014 4:00 P.M. CALL TO ORDER at 4:01 p.m. ROLL CALL Present: Chair Doug Davert, Vice Chair Fitzsimons, Secretary Puckett and Board Members Allan Bernstein, John Nielsen (arrived at 4:09 p.m.), Anthony Soria (left at 4:22 p.m.) and Matt West Absent: None Successor Agency Clerk: Jeffrey C. Parker Others Present: David E. Kendig, Legal Counsel to the Successor Agency PLEDGE OF ALLEGIANCE — Board Member West PUBLIC INPUT — None REGULAR BUSINESS ITEMS 1 -4 1. APPROVAL OF MINUTES — REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE FORMER TUSTIN COMMUNITY REDEVELOPMENT AGENCY HELD ON SEPTEMBER 24, 2013 It was moved by Secretary Puckett and seconded by Chair Davert to approve the Minutes of the Regular Meeting of the Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency held on September 24, 2013. Motion carried: 6 -0 (Board Member Nielsen absent) 2. ADOPT OVERSIGHT BOARD RESOLUTION NO. 14 -01, APPROVING THE AMENDED PROMISSORY NOTE BETWEEN THE CITY OF TUSTIN AND THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY Oversight Board of the Successor Agency to the Page 1 Tustin Community Redevelopment Agency Special Meeting Minutes — January 28, 2014 REDEVELOPMENT AGENCY PowerPoint presentation by Jerry Craig, Economic Development and Housing Manager Board Member Nielsen arrived at 4:09 p.m. It was moved by Board Member Nielsen and seconded by Board Member Bernstein to adopt Oversight Board Resolution No. 14 -01, approving the Amended Promissory Note between the City and the Successor Agency, subject to the following condition: a) Should any subsequent modifications be required, 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. OVERSIGHT BOARD RESOLUTION NO. 14 -01 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY AMENDING THE DECEMBER 31, 2008, PROMISSORY NOTE BETWEEN THE CITY OF TUSTIN AND THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY Motion carried: 6 -0 -1 (Vice Chair Fitzsimons abstained) (Note: This Resolution shall be effective after transmittal of this Resolution to the Department of Finance ( "DoF ") and the expiration of five (5) business days pending a request for review by the DoF within the time periods set forth in Assembly Bill No. 1484. In this regard, if the DoF requests review hereof it will have 40 days from the date of its request to approve this Oversight Board action or return it to the Oversight Board for reconsideration and the action, if subject to review by the DoF will not be effective until approved by the DoF) Board Member Soria left the meeting at 4:22 p.m. 3. ADOPT OVERSIGHT BOARD RESOLUTION NO. 14 -02, AMENDING AND REINSTATING THE AFFORDABLE HOUSING REIMBURSEMENT AGREEMENT BETWEEN THE CITY OF TUSTIN AND THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY PowerPoint presentation by Jerry Craig, Economic Development and Housing Manager It was moved by Secretary Puckett and seconded by Board Member Nielsen to adopt Oversight Board Resolution 14 -02, amending and reinstating the Affordable Housing Reimbursement Agreement between the City of Tustin Oversight Board of the Successor Agency to the Page 2 Tustin Community Redevelopment Agency Special Meeting Minutes — January 28, 2014 and the Successor Agency to the Tustin Community Redevelopment Agency, subject to the following condition: a) Should any subsequent modifications be required, 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. OVERSIGHT BOARD RESOLUTION NO. 14 -02 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY 'TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY AMENDING AND REINSTATING THE AFFORDABLE HOUSING REIMBURSEMENT AGREEMENT BETWEEN THE CITY OF TUSTIN AND THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY Motion carried: 6 -0 (Board Member Soria absent) (Note: Pursuant to AB 1484 - amended California Health and Safety Code (HSC) Section 34177(m), the above actions by the-Oversight Board shall not become effective for forty -five (45) business days 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. ADOPT OVERSIGHT BOARD RESOLUTION NO. 14 -03, AMENDING AND REINSTATING THE PUBLIC WORKS AGREEMENT BETWEEN THE CITY OF TUSTIN AND THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY PowerPoint presentation by Jerry Craig, Economic Development and Housing Manager It was moved by Board Member Bernstein and seconded by Board Member Nielsen to adopt Oversight Board Resolution No. 14 -03, amending and reinstating the Public Works Agreement between the City of Tustin and the Successor Agency to the Tustin Community Redevelopment Agency, subject to the following condition: a) Should any subsequent modifications be required, 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. OVERSIGHT BOARD RESOLUTION NO. 14 -03 A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY Oversight Board of the Successor Agency to the Page 3 Tustin Community Redevelopment Agency Special Meeting Minutes — January 28, 2014 AMENDING AND REINSTATING THE PUBLIC WORKS AGREEMENT BETWEEN THE CITY OF TUSTIN AND THE SUCCESSOR AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY Motion carried: 6 -0 (Board Member Soria absent) (Note: Pursuant to AB 1484 - amended California Health and Safety Code (HSC) Section 34177(m), the above actions by the Oversight Board shall not become effective for forty -five (45) business days 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.) ADJOURNED at 4:38 p.m. The next special meeting of the Oversight Board of the Successor Agency to the Tustin Community Redevelopment Agency is scheduled for February 25, 2014 at 4:00 p.m. in the Council Chamber at 300 Centennial Way, Tustin, California. CHARLES E. PUCKETT, Secretary C Oversight Board of the Successor Agency to the Page 4 Tustin Community Redevelopment Agency Special Meeting Minutes — January 28, 2014