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12-0807_SACRA_Minutes_Regular Meeting MINUTES ' August 7, 2012 SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO ' COMMUNITY REDEVELOPMENT AGENCY 't REGULAR MEETING CLOSED SESSION (610.85): None , . y RECESS UNTIL 6:00 P.M. .., ',. '`�?'._.,--'- BUSINESS SESSION: = ' .,'_. Mayor pro tern Taylor called the Regular Meeting of the Successor Agency to the San Juan Capistrano Community Redevelopment Agency to order at 8:50 p.m." , BOARD MEMBERS PRESENT: Laura Freese, Derek Reeve, John Taylor, and Sam Allevato BOARD MEMBERS ABSENT: Larry Kramer Agenda items are presented in the originally agendized format for the benefit of the minutes' reader, but were not necessarily heard in that order. SELECTION OF CHAIR AND VICE-CHAIR: 1. LARRY KRAMER SELECTED AS CHAIR AND LAURA FREESE SELECTED AS VICE-CHAIR OF THE SUCCESSOR AGENCY TO THE SAN JUAN . CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY (610.80) Board Action: Moved by Board Member Allevato, seconded by Board Member Taylor and carried 4-0 with Board Member Kramer absent to select Larry Kramer as Chair. ROLL CALL: AYES: BOARD MEMBER: Freese, Reeve, Allevato and Taylor NOES:, BOARD MEMBER: None ABSENT: BOARD MEMBER: Kramer Board Action: Moved by Board Member Taylor, seconded by Board Member Reeve and carried 4-0 with Board Member Kramer absent to select Laura Freese as Vice-Chair. ROLL CALL: AYES: BOARD MEMBER: Freese, Reeve, Allevato and Taylor ' NOES: BOARD MEMBER: None ' ABSENT: BOARD MEMBER: Kramer I SD 1 8-7-2012 CONSENT CALENDAR: • Board Action: Moved by Board Member Allevato, seconded by Board Member Reeve and carried 4-0 with Board Member Kramer absent to approve consent calendar items 1 • through 7 as recommended by staff, with Board Member Taylor abstaining from consent 11 calendar 5 and 6. 1. SACRA RESOLUTION 12-08-07-01 ADOPTED ENTITLED "A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY ADOPTING BYLAWS." (400.10) 2. SACRA RESOLUTION 12-08-07-02 ADOPTED ENTITLED "A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, SETTING THE REGULAR MEETING PLACE, DATE AND START TIME OF THE SUCCESSOR AGENCY." (610.15) 3. SACRA RESOLUTION 12-08-07-03 ADOPTED ENTITLED "A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, ADOPTING ITS CONFLICT OF INTEREST CODE." (640.40) 4. SACRA RESOLUTION 12-08-07-04 ADOPTED ENTITLED "A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE INVESTMENT POLICY." (350.30) 5. CHECK REGISTER FOR AN ELECTRONIC TRANSACTION DATED JUNE 1, 2012, IN THE AMOUNT OF $1,000,000.00; AND CHECK REGISTER FOR ELECTRONIC TRANSACTIONS AND CHECKS DATED JULY 13, 2012, THROUGH JULY 26, 2012, IN THE TOTAL AMOUNT OF $1,439,897.29, RECEIVED AND FILED (300.30) Board Member Taylor abstained due to proximity to his residence. ROLL CALL: AYES: BOARD MEMBER: Reeve, Allevato and Vice-Chair Freese NOES: BOARD MEMBER: None ABSENT: BOARD MEMBER: Chair Kramer ABSTAINED: BOARD MEMBER: Taylor 6. CHECK REGISTER FOR AN ELECTRONIC TRANSACTION DATED JUNE 29, 2012, IN THE AMOUNT OF $2,864,609.44; AND CHECK REGISTER FOR CHECKS ISSUED FROM JUNE 29, 2012, THROUGH JULY 12, 2012, IN THE TOTAL AMOUNT OF $30,341.30, RECEIVED AND FILED (300.30) Board Member Taylor abstained due to proximity to his residence. 2 8-7-2012 ROLL CALL: AYES: BOARD MEMBER: Reeve, Allevato and Vice-Chair Freese NOES: BOARD MEMBER: None _ ABSENT: BOARD MEMBER: Kramer ABSTAINED: BOARD MEMBER: Taylor 7. CASH AND INVESTMENT REPORT FOR JUNE 30, 2012, RECEIVED AND FILED (350.30) PUBLIC HEARINGS: None. BOARD ACTIONS: 1. UPDATE ON ASSEMBLY BILL 1484 — REDEVELOPMENT DISSOLUTION 7 TRAILER BILL (660.40) Cindy Russell, Chief Financial Officer/Treasurer and Tom Clark, Agency Counsel, provided a PowerPoint presentation,and responded to questions. Board Action: Moved by Board Member Taylor, seconded by Board Member Allevato and carried 4-0 with Board Member Kramer absent to receive and file. ROLL CALL: AYES: BOARD MEMBER: Reeve, Allevato, Taylor and Vice-Chair NOES: BOARD MEMBER: None ABSENT: BOARD MEMBER: Chair Kramer BOARD COMMENTS: None. ADJOURNMENT: There being no further business Vice-Chair Freese adjourned the meeting at 8:59 p.m. to Tuesday, August 21, 2012, at 5:00 p.m. for Closed Session, and 6:00 p.m., for a public:Business Session, in the City Council Chambers. • :, \ Respectfully.submitte• ' imi .,12:)_,, 'kV(I.A--c) A MOR I`"6,ENCY SECRE AR Approved: August 21, 2012 ATTEST: I °V /-4 Alilde A . "" LAR` KRA I ', CHAIR 3 8-7-2012