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Home My WebLink AboutOB Agenda 09-23-2014Crul, ?1 —7:,. LAKE L-,,LS1H0KE` 1 4 s I ii rA.10; FX HU',' f; Tuesday, September 23, 2014 City of Lake Elsinore DAVE OSTER, CHAIR GENIE KELLEY, VICE CHAIR GEORGE LANDON, BOARD MEMBER NANCY LASSEY, BOARD MEMBER VACANCY, BOARD MEMBER BRIAN TISDALE, BOARD MEMBER PHIL WILLIAMS, BOARD MEMBER Regular Agenda Oversight Board 3:45 PM 130 South Main Street Lake Elsinore, CA 92530 www.lake - elsinore.org Cultural Center WWW.LAKE- ELSINORE.ORG (951) 674 -3124 PHONE (951) 674 -2392 FAX LAKE ELSINORE CULTURAL CENTER 183 N. MAIN STREET LAKE ELSINORE, CA 92530 The agenda is posted 72 hours prior to each meeting outside of the Lake Elsinore City Hall located at 130 South Main Street and is available at each meeting. The agenda and related reports are also available at the Lake Elsinore City Clerk's Department on the Friday prior to the Oversight Board meeting and are available on the City's website at www.Lake- Elsinore.Org. Any writing distributed within 72 hours of the meeting will be made available to the public at the time it is distributed to the Oversight Board. In compliance with the Americans with Disabilities Act, any person with a disability who requires a modification or accommodation in order to participate in a meeting should contact the Community Development Department at (951) 674 -3124, ext. 289, at least 48 hours before the meeting to make reasonable arrangements to ensure accessibility. City of Lake Elsinore Page 1 Printed on 911912014 Oversight Board Regular Agenda September 23, 2014 CALL TO ORDER - 3:45 P.M. PLEDGE OF ALLEGIANCE ROLL CALL • Dave Oster, Chairman (Pres., Storm Baseball - County Board of Supervisor's appointment) • Genie Kelley, Vice Chair (County Board of Supervisor's member of the public appointment) • George Landon, Board Member (County Superintendent of Schools appointment) • Nancy Lassey, Board Member (City of Lake Elsinore - Employee Union Member) • Vacant - (Community College District appointment) • Brian Tisdale, Board Member (City of Lake Elsinore - Mayor's appointment) • Phil Williams, Board Member (EVMWD appointment) PUBLIC COMMENTS — NON AGENDIZED ITEMS — 3 MINUTES PRESENTATIONS (Please read & complete a a form Request to address the Oversight Board prior to the start of the Oversight Board meeting and submit it to the Clerk. The Chairperson or Clerk will call on you to speak when your item is called.) Introduction of Alternate Board Members, if any CONSENT CALENDAR ITEM(S) 1) ID# 14 -301 Approval of Minutes Recommendation: It is recommended that the Oversight Board approve the minutes of the regular meeting of February 25, 2014. Attachments: OB SR- Approving Minutes 092314 February 25, 2014 Minutes 2) ID# 14 -302 Update on Successor Agency Financial Activities - Investment Reports and Warrant Lists Recommendation: It is recommended that the Oversight Board receive and file the Investment Reports and Warrant Lists. Attachments: OB SR- Warrant Lists 092314 Warrant List Attachment 092314 OB SR- Investment Report 092314 Investment Report Attachment 092314 City of Lake Elsinore Page 2 Printed on 911912014 Oversight Board Regular Agenda September 23, 2014 3) ID# 14 -303 State Controller's Audit Recommendation: It is recommended that the Oversight Board receive and file the California State Controller's Office Asset Transfer Review Report. Attachments: OB SR - State Controller's Audit 092314 State Controller's Audit -Asset Transfer Review Report Aug 2014 BUSINESS ITEM(S) 4) ID# 14 -304 Second Amendment to the Stadium Interim Management Agreement Recommendation: It is recommended that the Oversight Board adopt Resolution No. OB- 2014 -005 A Resolution of the Oversight Board to the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore Approving the Second Amendment (2015) 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. Attachments: OB SR Second Amend to Interim Stadium Management Agreement 092314 V2 OB Reso Approving Second Amendment Stadium Interim Mgmt Aqt 092314 Second Amendment to Stadium Interim Management Aqt 091814 5) ID# 14 -305 Recognized Obligation Payment Schedule (ROPS 14 -158) for January 1, 2015 through June 30, 2015 Recommendation: It is recommended that the Oversight Board adopt Resolution No. OB- 2014 -006 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 (Rops14 -15B) For the Period of January 1, 2015 Through June 30, 2015 Subject to the Approval Thereof By the Successor Agency. Attachments: OB SR - Adoption of ROPS 14 -15B 092314 OB Reso 2014 -006 Re ROPS 14 -15B 092314 Lake Elsinore ROPS 14 -15B for Oversight Board Approval (Validated) 6) ID# 14 -306 Amendment to Oversight Board Legal Services Agreement Recommendation: It is recommended that the Oversight Board adopt Resolution No. OB- 2014 -007 A Resolution Of The Oversight Board To The Successor Agency Of The Redevelopment Agency Of The City Of Lake Elsinore Approving Amendment No. 2 To Oversight Board Legal Services Agreement. Attachments: OB SR- OB Legal Counsel 092314 OB Reso 2014 -007 Re Oversight Legal Counsel 092314 STAFF COMMENTS City of Lake Elsinore Page 3 Printed on 911912014 Oversight Board Regular Agenda September 23, 2014 BOARD MEMBER COMMENTS ADJOURNMENT The next regular Oversight Board meeting will be held on Tuesday, December 9, 2014, at the Cultural Center, 183 N. Main Street, Lake Elsinore, CA 92530. AFFIDAVIT OF POSTING I, Virginia J. Bloom, Clerk of the Oversight Board, do hereby affirm that a copy of the foregoing agenda was posted at City Hall, 72 hours in advance of this meeting. Virginia J. Bloom, Clerk of the Oversight Board City of Lake Elsinore Page 4 Printed on 911912014