HomeMy WebLinkAbout05.28.15 MINUTES 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
MAY 28, 2015
3:00 P.M.
CALL TO ORDER at 3:02 p.m.
ROLL CALL
Present: Chair Doug Davert, Board Members John Nielsen,
Anthony Soria and Matt West
Absent: Vice Chair Dr. Debra Fitzsimons, Secretary Chuck Puckett
and Board Member Dr. Allan Bernstein
Successor Agency Clerk: Melissa Johnson, Management Assistant
Others Present: David E. Kendig, Legal Counsel to the Successor Agency
and Jerry Craig, Economic Development and Housing
Manager
PLEDGE OF ALLEGIANCE — Board Member West
PUBLIC INPUT — None
REGULAR BUSINESS 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 FEBRUARY 24, 2015.
Recommendation / Proposed Action
It was moved by Board Member Soria and seconded by Board Member Nielsen
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 February 24, 2015.
Motion carried: 4-0
2. ADOPT OVERSIGHT BOARD RESOLUTION NO. 15-06, RECONSIDERING,
AFFIRMING AND RATIFYING THE AMENDED AND REINSTATED WORKING
Oversight Board of the Successor Agency to the Page 1
Tustin Community Redevelopment Agency
Special Meeting Minutes—May 28,2015
CAPITAL LOAN AND ADMINISTRATIVE SERVICES AGREEMENT BETWEEN
THE CITY OF TUSTIN AND THE SUCCESSOR AGENCY TO THE TUSTIN
COMMUNITY REDEVELOPMENT AGENCY
Recommendation / Proposed Action
It was moved by Board Member Nielsen and seconded by Board Member West
that the Oversight Board of the Successor Agency to the Tustin Community
Redevelopment Agency adopt Oversight Board Resolution No. 15-06,
reconsidering, affirming and ratifying the Amended and Reinstated Working
Capital Loan and Administrative Services Agreement between the City of Tustin
and the Successor Agency to the Tustin Community Redevelopment Agency,
subject to the following conditions:
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.
Motion carried: 4-0
(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 DoF within the time periods set forth in Assembly
Bill No. 1484. In this regard, if 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
DoF, will not be effective until approved by DoF.)
OVERSIGHT BOARD RESOLUTION NO. 15-06
A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR
AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY
RECONSIDERING, AFFIRMING AND RATIFYING THE AMENDED AND
REINSTATED WORKING CAPITAL LOAN AND ADMINISTRATIVE SERVICES
AGREEMENT BETWEEN THE CITY OF TUSTIN AND THE SUCCESSOR
AGENCY TO THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY
ADJOURNED at 3:15 p.m. The next regular meeting of the Oversight Board of the
Successor Agency to the Tustin Community Redevelopment Agency is scheduled for
September 22, 2015 at 4:00 p.m. in the Council Chamber at 300 Centennial Way, Tustin,
California.
bi DOU S. D E , ERICA N. RABE,
Chair
Deputy Secretary
Oversight Board of the Successor Agency to the Page 2
Tustin Community Redevelopment Agency
Special Meeting Minutes—May 28, 2015