HomeMy WebLinkAboutItem #1OVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT
AGENCY OF THE CITY OF LAKE ELSINORE
TO: CHAIRMAN WILLIAMS AND
MEMBERS OF THE OVERSIGHT BOARD
FROM: BARBARA LEIBOLD, SUCCESSOR AGENCY COUNSEL
DATE: OCTOBER 22, 2013
SUBJECT: APPROVAL OF MINUTE(S)
Recommendation
It is recommended that the Oversight Board approve the minutes of:
a. Oversight Board Regular Meeting September 24, 2013
Discussion
The following Oversight Board Meeting Minute(s) are submitted for approval:
a. Oversight Board Regular Meeting September 24, 2013
Prepared by: Virginia Bloom
City Clerk/Oversight Board Secretary
AGENDA ITEM 1 Page 1
REGULAR 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
September 24, 2013
CALL TO ORDER
Chairman Williams called the meeting to order at 3:47 p.m.
PLEDGE OF ALLEGIANCE
Board Member Schultz led the Pledge of Allegiance.
ROLL CALL
PRESENT: Phil Williams, Chairman
Genie Kelley, Board Member
Nancy Lassey, Board Member
Brian Tisdale, Board Member
George Landon, Board Member
Roger Schultz, Board Member
ABSENT: Dave Oster, Vice -Chair
Also present: Board Counsel Phillip Greer, City Attorney Barbara Leibold, City Manager
Grant Yates, Clerk of the Board Virginia Bloom, and Director of Administrative Services
James Riley.
PUBLIC COMMENTS — AGENDIZED ITEMS
None
PRESENTATIONS
None
CONSENT CALENDAR
1. Approval of Minutes
Recommendation: It is recommended that the Oversight Board approve the
minutes of:
a. Oversight Board Regular Meeting of June 25, 2013
September 24, 2013 Minutes
Oversight Board Regular Meeting
2. Update on Successor Agency Activities
a. Investment Report
b. Warrant Lists
Recommendation: It is recommended that the Oversight Board receive and file the
Investment Report and Warrant Lists.
Motion by Board Member Tisdale, seconded by Board Member Schultz, to approve the
Consent Calendar, passed by unanimous vote.
BUSINESS ITEMS
3. First Amendment (2014) To Stadium Interim Management Agreement
Recommendation: It is recommended that the Oversight Board adopt Resolution
No. OB- 2013 -007 A Resolution of the Oversight Board to the Successor Agency of
the Redevelopment Agency of the City of Lake Elsinore Approving the First
Amendment (2014) to the Stadium Interim Management Agreement Between the
Successor Agency of the Redevelopment Agency of the City of Lake Elsinore and
the Lake Elsinore Storm LP in substantially the form attached and in such final form
as approved by the Successor Agency.
City Attorney Leibold presented the report to the Board. She explained that the existing
Agreement was being duplicated, with the one change of adding a schedule of Capital
Improvements which were not provided for in the existing agreement. City Attorney Leibold
offered that the biggest anticipated expense is for the upgrade of the lights at the stadium
to meet league standards, in the amount of $350,000.00.
Motion by
Board Member
Tisdale,
seconded by Board Member Landon, to adopt
Resolution
No. OB- 2013 -007,
passed
by unanimous vote.
4. Recognized Obligation Payment Schedule (ROPS 13 -14B) for January 1, 2014
Through June 30, 2014
Recommendation: It is recommended that the Oversight Board adopt Resolution
No. OB- 2013 -008 A Resolution of the Oversight Board to the Successor Agency of
the Redevelopment Agency of the City of Lake Elsinore Approving the Recognized
Obligation Payment Schedule (ROPS 13 -14B) for January 1, 2014 through June 30,
2014, subject to approval thereof by the Successor Agency.
City Attorney Leibold presented the report to the Board stating that the ROPS 13 -14B
included all of the Successor Agency obligations, including the Amendment to the Interim
Stadium Management Agreement and some of the capital improvement items. She offered
that the upgrade to the lights at the Stadium would be included in the next ROPS 14 -15A
for the period July 1 — December 31, 2014
September 24, 2013 Minutes
Oversight Board Regular Meeting
Chairman Williams inquired as to the pass- through agreement payments that were not
identified on the ROPS to the Water and School Districts. City Attorney Leibold responded
that those payments are now being administered by the County, therefore they are no
longer identified on the ROPS.
Motion by Board Member Landon, seconded by Board Member Tisdale, to adopt
Resolution No. OB- 2013 -008, passed by unanimous vote.
5. Cancellation of Regular Meetings
Recommendation: It is recommended that the Oversight Board cancel its regularly
scheduled meetings of October 8, 2013, November 26, 2013 and December 24,
2013.
Motion by Board Member Schultz, seconded by Board Member Tisdale, to cancel the
regular meetings of October 8, November 26, and December 24, 2013, passed by
unanimous vote.
PUBLIC COMMENTS — NON- AGENDIZED ITEMS
10 �
STAFF COMMENTS
None
OVERSIGHT BOARD MEMBER COMMENTS
None
ADJOURNMENT
There being no further business to come before the Oversight Board, Chairman Williams
adjourned the meeting at 4:02 p.m. to the next regularly scheduled meeting of October 22,
2013 at 3:45 p.m. to be held at City Hall, Conference Room A, located at 130 S. Main
Street in Lake Elsinore, CA.
Phil Williams, Chairman
ATTEST:
Virginia Bloom, Clerk of the Oversight Board