HomeMy WebLinkAboutItem No. 1 Approval of MinutesOVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT
AGENCY OF THE CITY OF LAKE ELSINORE
TO: MEMBERS OF THE OVERSIGHT BOARD
FROM: BARBARA LEIBOLD, SUCCESSOR AGENCY COUNSEL
DATE: JUNE 25, 2013
SUBJECT: APPROVAL OF MINUTE(S)
Discussion
The following Oversight Board Meeting Minute(s) are submitted for approval:
a. Oversight Board Regular Meeting May 28, 2013
It is recommended that the Oversight Board approve the minutes of:
a. Oversight Board Regular Meeting May 28, 2013
Prepared by: Virginia Bloom
City Clerk/Oversight Board Secretary
AGENDA 1 "1'EA I 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
May 28, 2013
CALL TO ORDER
Chairman Williams called the meeting to order at 3:49 p.m.
PLEDGE OF ALLEGIANCE
Chairman Williams led the pledge of allegiance.
ROLL CALL
PRESENT: Phil Williams, Chairman
Dave Oster, Vice -Chair
Genie Kelley, Board Member
Nancy Lassey, Board Member
Brian Tisdale, Board Member
George Landon, Board Member
ABSENT: Board Member Schultz
Also present: City Attorney Barbara Leibold, City Manager Grant Yates, Clerk of the Board
Virginia Bloom, and Director of Administrative Services James Riley.
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Approval of Minutes
Recommendation: It is recommended that the Oversight Board approve the minutes
of:
a.
Oversight
Board
Regular
Meeting
of January 15, 2013
b.
Oversight
Board
Regular
Meeting
of February 26, 2013
May 28, 2013 Minutes
Oversight Board Regular Meeting
Motion by Board Member Tisdale, seconded by Board Member Landon to approve the
minutes as submitted passed by unanimous vote.
2. Update on Successor Agency Activities
a. Investment Reports
b. Warrant Lists
Recommendation: It is recommended that the Oversight Board receive and file the
Investment Reports and Warrant Lists.
Motion by Board Member Tisdale, seconded by Vice - Chairman Oster to receive and file the
Investment Reports and Warrant Lists; passed by unanimous vote.
3. Grant of Easement to McMillin Summerly, LLC
Recommendation: It is recommended that the Oversight Board adopt Resolution No.
OB- 2013 -004 approving the Successor Agency's Grant of Easement.
City Attorney Leibold presented the report to the Oversight Board stating that the golf cart
path had been established since the golf course became operational and that the
Successor Agency granted the easement as a housekeeping matter. Staffs
recommendation to the Oversight Board is to approve the formalization of the grant of
easement by the Successor Agency.
Motion by Board Member Kelley, seconded by Vice - Chairman Oster to adopt Resolution
No. OB- 2013 -004 passed by unanimous vote.
4. Oversight Board Legal Counsel
Recommendations: It is recommended that the Oversight Board adopt Resolution
No. OB- 2013 -005 approving a Legal Services Agreement with Phillip Greer in
substantially the form submitted with the staff report and in such final form as
directed by the Board.
City Attorney Leibold presented the report. Board Member Tisdale asked it the contract for
legal services continued after the property disposition is complete. City Attorney Leibold
explained that the legal services contract was for one year and can be re- negotiated at that
time as deemed appropriate by the Board. The agreement also allows for termination by
either party upon 30 days' notice.
Attorney Phillip Greer stated that he was looking forward to working with the Oversight
Board and accepted the Legal Services Agreement in the form presented to the Oversight
Board.
May 28, 2013 Minutes
Oversight Board Regular Meeting
Motion by Board Member Kelley, seconded by Board Member Landon to adopt Resolution
No. OB- 2013 -005 approving a Legal Services Agreement with Phillip Greer passed by a 5-
0-1 vote with Board Member Tisdale abstaining from the vote.
5. Cancellation of June 11 2013 Regular Meeting
Recommendations: It is recommended that the Oversight Board cancel its regularly
scheduled meeting of June 11, 2013.
Motion by Board Member Tisdale, seconded by Board Member Landon to cancel the June
11, 2013 meeting passed by unanimous vote.
Ilk III
City Attorney Leibold reviewed the status of the ROPS and Department of Finance
approvals since the beginning of 2013; she announced that the City was issued a Finding
of Completion by the Department of Finance which triggers the six months to address the
property management plans to be developed. City Attorney Leibold stated that at the
upcoming June 25"' meeting, the LERA bonds variable rates will be coming before the
Board as Union Bank was calling the letter of credit.
Chairman Williams asked if the bonds could be moved to another bank. Administrative
Services Director Riley advised that staff had already tried but was unable to find another
banking agency.
:a s
There being no further business to come before the Oversight Board, Chairman Williams
adjourned the meeting at 4:20 p.m. to the next regularly scheduled meeting of June 25,
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