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HomeMy WebLinkAbout01-15-2013 OB MinutesSPECIAL MEETING OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE 130 South Main Street, Lake Elsinore, CA 92530 MINUTES January 15, 2013 CALL TO ORDER Vice - Chairman Schultz called the meeting to order at 3:48 p.m. PLEDGE OF ALLEGIANCE Vice - Chairman Schultz led the pledge of allegiance. ROLL CALL PRESENT: Dr. Roger Schultz, Vice -Chair Genie Kelley, Board Member Justin Carlson, Board Member Dave Oster, Board Member George Landon, Board Member ABSENT: Brian Tisdale, Chairman Phil Williams, Board Member Also present: City Attorney Barbara Leibold, City Manager Grant Yates, City Clerk /Clerk of the Board Virginia Bloom, and Director of Administrative Services James Riley. PUBLIC COMMENTS — AGENDIZED ITEMS None PRESENTATIONS ►C ow CONSENT CALENDAR 1. Approval of Minutes Recommendation: It is recommended that the Oversight Board approve the minutes of: a. Oversight Board Regular Meeting of December 11, 2012 b. Oversight Board Regular Meeting of January 8, 2013 Special Oversight Board Meeting Minutes of January 15, 2013 2. Update on Successor Agency Activities Page 2 of 3 a. Investment Reports b. Warrant Lists Recommendation: It is recommended that the Oversight Board receive and file the Investment Reports and Warrant Lists. 3. Consideration of a Resolution Changing the Time and Location for Meetings of the Oversight Board to the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore Recommendation: It is recommended that the Oversight Board adopt Resolution No. OB- 2013 -001 changing the time and location for meetings of the Oversight Board to the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore. Vice - Chairman Schultz abstained from voting on Agenda Item No. 1 due to his absence. Motion by Board Member Kelley, seconded by Board Member Landon to approve the Consent Agenda, less Item No. 1, passed by unanimous vote. Motion by Board Member Kelley, seconded by Board Member Carlson to approve Consent Agenda Item No. 1 passed by unanimous vote of 4 -0 -1. BUSINESS ITEMS 4. Due Diligence Review (All Other Funds) Recommendations: It is recommended that the Oversight Board receive public comments and any opinions offered by the County Auditor - Controller on the Due Diligence Review (All Other Funds) prepared by White Nelson Diehl Evans LLP on behalf of the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore pursuant to California Health and Safety Code Section 34179.5. It is further recommended and that the Oversight Board adopt Resolution No. 08- 2013 -002 approving the Due Diligence Review (All Other Funds) determining that there are no unencumbered cash or cash equivalents available for disbursement pursuant to Health & Safety Code Section 34179.5 and taking certain other actions in connection therewith. Administrative Services Director Riley presented the report. City Attorney Leibold added that the review concludes that there are no funds available for distribution to taxing agencies. Motion by Board Member Kelley, seconded by Board Member Carlson to approve staff's recommendation; motion passed by unanimous vote. Special Oversight Board Meeting Page 3 of 3 Minutes of January 15, 2013 5. Consideration of Cancellation of January 22 2013 Regular Meeting Recommendation: It is recommended that the Oversight Board cancel its regularly scheduled meeting of January 22, 2013. Motion by Board Member Oster, seconded by Board Member Kelley to cancel the regularly scheduled meeting of January 22, 2013; passed by unanimous vote. PUBLIC COMMENTS — NON -AGENDIZED ITEMS None STAFF COMMENTS City Attorney Leibold announced the upcoming ROPS 13 -14A to be presented for approval at the next regular meeting. OVERSIGHT BOARD MEMBER COMMENTS None ADJOURNMENT There being no further business to come before the Oversight Schultz adjourned the meeting at 3:57 p.m. to the reul r Me g 3:45 p.m. to be held at City Hall, Conference Room A I cate I Elsinore, CA.f /j Roger TEST: (11 /tom Virginia�J` loom " Clerk of th Overs t Board Boar , Vice - Chairman of ruary 12, 2013 at ' Main Street in Lake