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14-0506_SACRA_Minutes_Special Meeting MINUTES MAY 6, 2014 SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING CLOSED SESSION: Chair Kramer called the May 6, 2014, Special Meeting of the Successor Agency to the San Juan Capistrano Community Redevelopment Agency to order at 4:48 p.m. ROLL CALL BOARD MEMBERS PRESENT: Sam Allevato, Derek Reeve, John Taylor, Vice-Chair Roy L. Byrnes, M.D., and Chair Larry Kramer BOARD MEMBERS ABSENT: None. Agenda items are presented in the originally agendized format for the benefit of the minutes' reader, but were not necessarily heard in that order. PUBLIC COMMENT—CLOSED SESSION ITEMS: None. CLOSED SESSION (610.85): A Closed Session was held for the following purposes, as authorized by statute: a. Pursuant to Government Code Section 54956.9 (a), (d)(2), and (d)(4), the Successor Agency conferred with legal counsel to discuss initiating litigation -- (1 case) relating to the State Department of Finance. ANNOUNCEMENT OF CLOSED SESSION ACTION: None. ADJOURNMENT: There being no further business, Chair Kramer adjourned to Tuesday, May 6, 2014, at 6:00 p.m. for a public Business Session, in the City Council Chamber. Respectfully submitted, 01 M IA MORR C TY cbERK Approved: June 3, 2014 ATTEST: RRY CRAME AIR MINUTES May 6, 2014 SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY REGULAR MEETING CLOSED SESSION: Please refer to Special Meeting Minutes. BUSINESS SESSION: Chair Kramer called the May 6, 2014, Regular Meeting of the Successor Agency to the San Juan Capistrano Community Redevelopment Agency to order at 7:23 p.m. BOARD MEMBERS PRESENT: John Taylor, Sam Allevato, Derek Reeve, Vice-Chair Roy L. Byrnes, M.D. and Chair Larry Kramer BOARD MEMBERS ABSENT: None. Agenda items are presented in the originally agendized format for the benefit of the minutes' reader, but were not necessarily heard in that order. CONSENT CALENDAR: Board Action: Moved by Board Member Reeve, seconded by Vice-Chair Byrnes, and carried unanimously to approve consent calendar items 1 through 4, as recommended by staff. 1. SUCCESSOR AGENCY MINUTES — REGULAR MEETING OF APRIL 15, 2014, APPROVED J 2. CHECK REGISTERS FOR ELECTRONIC TRANSACTIONS AND CHECKS DATED MARCH 21, 2014, THROUGH APRIL 17, 2014, RECEIVED AND FILED (300.30) 3. CASH AND INVESTMENT REPORT FOR THE MONTH ENDED MARCH 31, 2014, RECEIVED AND FILED (350.30) 4. SACRA RESOLUTION NO. 14-05-06-01 ADOPTED ENTITLED "A RESOLUTION OF THE SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY 1) APPROVING A PLAN FOR SPENDING EXCESS HOUSING BOND PROCEEDS, 2) AUTHORIZING A HOUSING BOND PROCEEDS EXPENDITURE AGREEMENT WITH THE SAN JUAN CAPISTRANO HOUSING AUTHORITY TO TRANSFER SUCH FUNDS TO THE HOUSING AUTHORITY FOR HOUSING BOND- ELIGIBLE PURPOSES, 3) DIRECTING THE TRANSFER OF SUCH HOUSING BOND PROCEEDS TO THE HOUSING AUTHORITY, AND 4) MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH" (340.40) I ' 1 5/6/2014 BOARD ACTIONS: 1. SACRA RESOLUTION NO. 14-05-06-02 ADOPTED APPROVING REPAYMENT OF CERTAIN EXISTING LOANS TO THE CITY OF SAN JUAN CAPISTRANO AND FINDING THE EXISTING LOANS WERE FOR LEGITIMATE REDEVELOPMENT PURPOSES PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.4(B) AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH (390.40) Cindy Russell, Finance Officer, provided a PowerPoint presentation and responded to questions. Board Action: Moved by Board Member Allevato, seconded by Board Member Taylor, and carried unanimously to adopt SACRA Resolution No. 14-05-06-02 entitled "A RESOLUTION OF THE SUCCESSOR AGENCY TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING REPAYMENT OF CERTAIN EXISTING LOANS TO THE CITY OF SAN JUAN CAPISTRANO AND FINDING THE EXISTING LOANS WERE FOR LEGITIMATE REDEVELOPMENT PURPOSES PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.4(B) AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH." BOARD COMMENTS: None. ADJOURNMENT: There being no further business Chair Kramer adjourned the meeting at 7:47 p.m. to Wednesday, May 21, 2014, at 1:00 p.m. for a Budget Workshop; and then to Tuesday, June 3, 2014, at 5:00 p.m. for Closed Session and 6:00 p.m. for the public Business Session, in the City Council Chamber. Respectfully submitted, 0 0::!" 1 MAI MORRIS ENCY SEC ETAhY Approved: June 3, 2014 ATTE R KRAM , CH IR I 2 5/6/2014