HomeMy WebLinkAbout0001_1_7-7-16 OBCity of Lake Elsinore
Oversight Board
Special Meeting Minutes
Thursday, July 7, 2016
Call to Order
A Special meeting of the Oversight Board of the City of Lake Elsinore was held at City Hall, 130 South
Main Street, on the above date. The meeting was called to order at 4:02 p.m. by Chair Kelley.
Roll Call
Present: Members Jeffries, Lassey, M. Williams, P. Williams; and Chair Kelley
Absent: Member Tisdale and Vice-Chair Landon (resigned)
Public Comments - Non Agendized Items
There were no members of the public appearing to speak.
Consent Calendar Item(S)
It was moved by Member Jeffries, seconded by Member M. Williams, and unanimously carried noting
the vacancy for Member Landon’s position, the abstention of Member P. Williams on the January 27th
minutes, the abstention of Member M. Williams on the December 15th minutes and the absence of
Member Tisdale, to approve the Consent Calendar.
1) Minutes - December 8th and 15, 2015; and, January 27, 2016 – approved.
2) Investment Reports - November 2015 thru May 2016 – received and filed.
3) Warrant Lists – received and filed the warrant lists for January 14
th through June 16, 2016.
4) Biennial Review of the Conflict of Interest Code for the Oversight Board to the Successor Agency of
the Redevelopment Agency of the City of Lake Elsinore – adopted the Resolution.
Resolution No. 2016-003
A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA ADOPTING A
CONFLICT OF INTEREST CODE
Business Item(S)
5) Approval of Sale of Property to the City of Lake Elsinore, in its Capacity as the Successor to the
Housing Assets and Functions of the Former Redevelopment Agency of the City of Lake Elsinore,
for Affordable Housing Purposes in accordance with Health & Safety Code Section
34176.1(a)(3)(A)
City Attorney Leibold presented the Staff Report.
It was moved by Member P. Williams, seconded by Member Jeffries and unanimously carried
noting the vacancy for Member Landon’s position and the absence of Member Tisdale, to adopt the
Resolution.
Resolution No. 2016-004
A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING A
PURCHASE AND SALE AGREEMENT FOR THE SALE OF REAL PROPERTY TO THE CITY OF
LAKE ELSINORE, IN ITS CAPACITY AS THE SUCCESSOR TO THE HOUSING ASSETS AND
FUNCTIONS OF THE FORMER REDEVELOPMENT AGENCY OF THE CITY OF LAKE
ELSINORE UNDER HEALTH & SAFETY CODE SECTION 34176(a)(1), FOR AFFORDABLE
HOUSING PURPOSES IN ACCORDANCE WITH HEALTH & SAFETY CODE SECTION
34176.1(a)(3)(A)
6) Approval of a Form of Compensation Agreement and Transfer of Properties to the City of Lake
Elsinore for Future Development in Accordance with Health & Safety Code Section 34180(f)
City Attorney Leibold presented the Staff Report.
It was moved by Member P. Williams, seconded by Member Jeffries, and unanimously carried
noting the vacancy for Member Landon’s position and the absence of Member Tisdale, to adopt the
Resolution.
Resolution No. 2016-005
A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING
(1) THE FORM OF A COMPENSATION AGREEMENT PURSUANT TO HEALTH & SAFETY
CODE SECTION 34180(f); AND (2) TRANSFER OF CERTAIN PROPERTIES BY THE
SUCCESSOR AGENCY TO THE CITY OF LAKE ELSINORE FOR FUTURE DEVELOPMENT
7) Transfer of the Cultural Center and Downtown Parking Property as Governmental Purpose
Properties to the City of Lake Elsinore in accordance with Health & Safety Code Section 34181(a)
City Attorney Leibold presented the Staff Report.
It was moved by Member M. Williams, seconded by Member Jeffries, and unanimously carried
noting the vacancy for Member Landon’s position and the absence of Member Tisdale, to adopt the
Resolution.
Resolution No. 2016-006
A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA, APPROVING
THE TRANSFER OF DOWNTOWN AND CULTURAL CENTER PARKING PROPERTY AS
GOVERNMENTAL PURPOSE PROPERTIES TO THE CITY OF LAKE ELSINORE IN
ACCORDANCE WITH HEALTH & SAFETY CODE SECTION 34181(a)
8) Repayment of Housing Fund Loan in accordance with Health & Safety Code Section 34171(d)(1)(G)
City Attorney Leibold presented the Staff Report.
It was moved by Member Jeffries, seconded by Member M. Williams, and unanimously carried
noting the vacancy for Member Landon’s position and the absence of Member Tisdale, to adopt the
Resolution.
Resolution No. 2016-007
A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE, CALIFORNIA, SETTING
FORTH CERTAIN FINDINGS WITH RESPECT TO A LOAN FROM THE LOW AND MODERATE
INCOME HOUSING FUND TO THE PROJECT AREAS OF THE FORMER REDEVELOPMENT
AGENCY IN ACCORDANCE WITH HEALTH & SAFETY CODE SECTION 34171(D)(1)(G) AND
APPROVING A REPAYMENT SCHEDULE FOR THE LOAN IN ACCORDANCE WITH HEALTH &
SAFETY CODE SECTION 34176(e)(6)(B)
9) Consideration of Special Oversight Board Meeting in September 2016
City Attorney Leibold presented the Staff Report with consensus by the Board.
Staff Comments
There were no comments by staff.
Board Member Comments
There were no comments by the Board Members.
Adjournment
The meeting adjourned AT 4:38 p.m. to Wednesday, July 27, 2016, at City Hall, 130 South Main Street,
Conference Room A.