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City of Lake Elsinore
Regular Agenda
CITY HALL
CONFERENCE ROOM A
130 S. MAIN STREET
LAKE ELSINORE, CA
LAKE-ELSINORE.ORG
(951) 674-3124 PHONE
GENIE KELLEY, CHAIR
BRIAN TISDALE, VICE-CHAIR
PHIL WILLIAMS, BOARD MEMBER
MICHAEL WILLIAMS, BOARD MEMBER
KEVIN JEFFRIES, BOARD MEMBER
NANCY LASSEY, BOARD MEMBER
ARLEEN SANCHEZ, BOARD MEMBER
City Hall4:00 PMWednesday, May 16, 2018
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.
CALL TO ORDER - 4:00 P.M.
PLEDGE OF ALLEGIANCE
ROLL CALL
PUBLIC COMMENTS - NON AGENDIZED ITEMS - 3 MINUTES
(Please read & complete a Request to Address the Oversight Board form prior to the start of the
meeting and turn it in to the Clerk. The Chair or Clerk will call on you to speak.)
CONSENT CALENDAR ITEM(S)
1)Warrant Lists
Recommendation:Receive and file the attached Successor Agency Warrant lists for December 28, 2017
thru April 26, 2018.
OB Warrant Lists - SR
OB Warrant Lists Exhibit A Summary & Lists
Attachments:
2)Investment Reports - December 2017 - March 2018
Recommendation:Receive and file the Successor Agency Investment Report Summaries for December
2017 through March 2018
Page 1 City of Lake Elsinore Printed on 5/11/2018
May 16, 2018Oversight Board Regular Agenda
OB Investment Reports - SR
OB Investment Reports - Exhibit A - SA & RDA Dec. 2017 - Mar. 2018
Attachments:
3)Minutes of the Regular Meeting of January 29, 2018
Recommendation:Approve the minutes.
OB Minutes 1-29-18Attachments:
BUSINESS ITEM(S)
4)Transfer of Governmental Purpose Property to the City of Lake Elsinore
in accordance with Health & Safety Code Section 34181(a)
Recommendation:adopt 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 A GOVERNMENTAL PURPOSE
PROPERTY TO THE CITY OF LAKE ELSINORE IN ACCORDANCE WITH HEALTH &
SAFETY CODE SECTION 34181(a)
OB - SR
OB - Reso
OB - Exhibit A - Vicinity Map
Attachments:
5)Approval of Transfer of Properties to the City of Lake Elsinore for Future
Development Subject to Form Compensation Agreement Among Affected
Taxing Entities in Accordance with Health & Safety Code Section 34180(f)
Recommendation:adopt 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
OB - SR
OB Reso - Transfer of Properties
OB - Exhibit A - Vicinity Map
OB - Exhibit B - Agreement
Attachments:
6)Restated Fifth Amendment to Stadium Interim Management Agreement
Recommendation:adopt A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY
OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, APPROVING A RESTATED FIFTH AMENDMENT 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
OB - SR
OB - Exhibit A History of Diamond Stadium Agreements Diagram
OB - Exhibit B Reso Approving Fifth Amendment Stadium Interim Mgmt Agt
OB - Exhibit C Restated Fifth Amendment to Stadium Interim Management Agt
Attachments:
Page 2 City of Lake Elsinore Printed on 5/11/2018
May 16, 2018Oversight Board Regular Agenda
STAFF COMMENTS
BOARD MEMBER COMMENTS
ADJOURNMENT
The Oversight Board meeting will adjourn to the next Regular meeting.
AFFIDAVIT OF POSTING
I, Luz Reyes, Office Specialist II for the City Clerk's Department, do hereby affirm that a copy of the
foregoing agenda was posted at City Hall, 72 hours in advance of this meeting.
_________________________________________
Luz Reyes, Office Specialist II
Page 3 City of Lake Elsinore Printed on 5/11/2018