Loading...
HomeMy WebLinkAboutApproval of Minutes from February 24, 2015OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE TO: CHAIRMAN OSTER AND MEMBERS OF THE OVERSIGHT BOARD FROM: BARBARA LEIBOLD, SUCCESSOR AGENCY COUNSEL DATE: MAY 26, 2015 SUBJECT: APPROVAL OF MINUTE(S) Recommendation It is recommended that the Oversight Board approve the minutes of: a. Oversight Board Regular Meeting February 24, 2015 Discussion The following Oversight Board Meeting Minute(s) are submitted for approval: Oversight Board Regular Meeting February 24, 2015 Prepared by: Virginia Bloom City Clerk/Oversight Board Secretary Page 1 CIIy I- se. LA ILE LSI I`IC1ZL PKI AY, . City of Lake Elsinore Meeting Minutes Oversight Board DAVE OSTER, CHAIR GENIE KELLEY, VICE CHAIR GEORGE LANDON, BOARD MEMBER NANCY LASSEY, BOARD MEMBER MICHAEL WILLIAMS, BOARD MEMBER BRIAN TISDALE, BOARD MEMBER PHIL WILLIAMS, BOARD MEMBER LAKE- ELSINORE.ORG (951) 674 -3124 PHONE CULTURAL CENTER 183 N. MAIN STREET LAKE ELSINORE, CA 92530 Tuesday, February 24, 2015 3:45 PM Cultural Center CALL TO ORDER Chair Oster called the meeting to order at 3:48 p.m. PLEDGE OF ALLEGIANCE Board Member Tisdale led the pledage of allegiance. ROLL CALL PRESENT: Board Member Tisdale, Board Member Lassey, Board Member Landon, Board Member M. Williams and Chair Oster ABSENT: Board Member P. Williams and Vice -Chair Kelley Also present: Executive Director Yates, Successor Agency Legal Counsel Leibold, Board Clerk Bloom, and Administrative Services Director Simpson. PRESENTATIONS - None PUBLIC COMMENTS - None CONSENT CALENDAR ITEM(S) 1) ID# 14 -470 Approval of Minutes Attachments: OB SR- Approving Minutes 9 -23 -2014 OB Minutes of 9 -23 -2014 It is recommended that the Oversight Board approve the minutes of the Regular Meeting of September 23, 2014. City of Lake Elsinore Page 1 Oversight Board Meeting Minutes February 24, 2015 2) ID# 14 -471 Warrant Lists Attachments: OB SR- Warrant Lists 022415 Warrant List Attachment 022415 That the Oversight Board receive and file the attached Warrant lists. 3) ID# 14 -472 Investment Report - August 2014, September 2014, October 2014, November 2014 & December 2014 Attachments: OB SR- Investment Report 022415 Investment Report Attachment 022415 That the Oversight Board receive and file the attached Investment Report Summaries. Motion by Board Member Tisdale, seconded by Board Member Williams, to approve the Consent Calendar, passed by unanimous vote as follows: AYES Board Member Tisdale, Board Member Williams, Board Member Lassey, Board Member Landon, and Chair Oster NOES None ABSENT: Board Member P. Williams and Vice -Chair Kelley ABSTAIN: None BUSINESS ITEM(S) 4) ID# 14 -473 Recognized Obligation Payment Schedule (ROPS 15 -16A) For July 1, 2015 Through December 31, 2015 Attachments: OB Staff Report Adoption of Jul - December 2015 ROPS 15 -16A OB Reso #2015 -001 Re ROPS 15 -16A 022415 Lake Elsinore ROPS 15 -16A Dv5 It is recommended that the Oversight Board approve and adopt: Resolution No. OB- 2015.001 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 15 -16A) FOR JULY 1, 2015 THROUGH DECEMBER 31, 2015 SUBJECT TO APPROVAL THEREOF BY THE SUCCESSOR AGENCY. City of Lake Elsinore Page 2 Oversight Board Meeting Minutes February 24, 2015 Adminsitrative Services Director Simpson presented the report to the Board. He announced that the ROPS needed to be approved and submitted to the Department of Finance by March 3, 2015. Motion by Board Member Landon, seconded by Board Member Tisdale, to approve Resolution No. OB- 2015 -001, passed by unanimous vote as follows: AYES Board Member Landon, Board Member Tisdale, Board Member Lassey, Board Member M. Williams, and Chair Oster NOES None ABSENT: Board Member P. Williams and Vice -Chair Kelley ABSTAIN: None STAFF COMMENTS Successor Agency Legal Counsel Leibold announced that staff would be submitted the approved ROPS and Resolutions to the Department of Finance by March 3, 2015. She also stated that there may be a need to schedule a Special Meeting piror to the next quarterly meeting to address outstanding property issues and that the Board Members would be contacted at a later date in that regard. BOARD MEMBER COMMENTS - None ADJOURNMENT Chair Oster adjourned the meeting at 3:55 p.m. to the next regular quarterly Oversight Board meeting to be held on Tuesday, June 9, 2015, at 3:45 p.m. at the Cultural Center, 183 N. Main Street, Lake Elsinore, CA 92530. Dave Oster, Chair Virginia J. Bloom, Board Clerk City of Lake Elsinore Page 3