HomeMy WebLinkAbout0005_1_Meetings - SROVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT
AGENCY OF THE CITY OF LAKE ELSINORE
To:Chair Kelley And
Members of the Oversight Board
From:Barbara Leibold, Successor Agency Counsel
Date:January 23, 2017
Subject:Date, Time and Location for Regular Meetings of the Oversight Board to the
Successor Agency of the Redevelopment Agency of the City of Lake
Elsinore
Recommendation
It is recommended that the Oversight Board Members discuss the Board’s meeting schedule
and adopt:
A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE CHANGING THE DATE
AND TIME OF OVERSIGHT BOARD MEETINGS
Background
The Oversight Board to the Successor Agency of the Redevelopment Agency of the City of
Lake Elsinore is charged with specific oversight, approval and monitoring activities relating to
the winding down of the former Redevelopment Agency’s obligations. Pursuant to current law,
the Oversight Board will continue to perform these functions through June 30, 2018, when the
oversight boards within each county will be consolidated into one county-wide Oversight Board.
Pursuant to the meeting requirements of the Ralph M. Brown Act, the Oversight Board adopted
Resolution No. OB-2012-001 originally establishing its regular date, time and location for
meetings as 3:30 pm on the second and fourth Tuesdays of every month at the Lake Elsinore
Cultural Center. In order to better accommodate Oversight Board Member schedules and
reflect the winding down activities and statutory changes in the ROPS cycle, the Board has
adopted several changes to the regularly meeting schedule. Presently, the Oversight Board
meets regularly on the second Wednesday of January and second Wednesday of June at 3:45
pm at the Lake Elsinore Cultural Center Cultural Center.
Discussion
Prior to SB 107, ROPS were due twice each year to the State Department of Finance (DOF) on
the first of March and October. SB 107 changed the ROPS schedule for all successor
agencies. Commencing January 2016, Successor Agencies are required to prepare and submit
ROPS annually on February 1. In addition, amendments to the ROPS are permitted one time
each year and must be submitted by October 1. To meet these deadlines, it will be necessary
for the Oversight Board to meet in September 2017 and in January 2018.
Date and Time For Meetings
January 23, 2017
Page 2 of 2
In addition to the review and approval of ROPS, the Oversight Board will be required to approve
any dispositions of real property and any new or amended Successor Agency
obligations/contracts. The timing of these transactions is unknown and, although staff will strive
to present these items at the Oversight Board’s regularly scheduled January or September
meeting, special meetings may be required from time to time.
Given the ROPS schedule and recognizing the changes in the Board’s membership since it was
first formed, staff recommends the Oversight Board members discuss its meeting schedule to
select a regularly scheduled meeting date for the last week of September 2017 and the last
week of January 2018. The Oversight Board also expressed a preference to meeting in City
Hall, Conference Room A instead of the Lake Elsinore Cultural Center. Once changes to the
dates and/or times are selected, the Oversight Board should adopt the attached Resolution
confirming the changes.
Exhibit
A - Resolution