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14-0225_SJCOB_Minutes_Adjourned Regular Meeting MINUTES February 25, 2014 OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY ADJOURNED REGULAR MEETING BUSINESS SESSION Chair Freese called the Regular Meeting of the San Juan Capistrano Oversight Board to the Successor Agency of the San Juan Capistrano Community Redevelopment Agency at 3:30 p.m. Board Member Tatarian led the Pledge of Allegiance. BOARD MEMBERS PRESENT: Lori Doll, Clark Hampton, Kim McCord, Bruce Tatarian and Chair Freese. BOARD MEMBERS ABSENT: Larry Thomas and Vice-Chair Ginny Kerr Agenda items are presented in the originally agendized format for the benefit of the minutes' reader, but were not necessarily heard in that order. ORAL COMMUNICATIONS: None. CONSENT CALENDAR: 1. OVERSIGHT BOARD MINUTES — REGULAR MEETING OF SEPTEMBER 24, 2013. Board Action: Moved by Board Member McCord, seconded by Board Member Hampton, and carried 4-0 with Board Member Thomas and Vice-Chair Kerr absent and Board Member Tatarian abstain to approve the minutes of September 24, 2013. ROLL CALL: AYES: BOARD MEMBER: Doll, McCord, Hampton and Chair Freese NOES: BOARD MEMBER: None ABSENT: BOARD MEMBER: Thomas and Vice-Chair Kerr ABSTAIN: BOARD MEMBER: Tatarian BOARD ACTIONS: 1. SJCOB RESOLUTION NO. 14-02-25-01 ADOPTED APPROVING THE SUCCESSOR AGENCY RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS) FOR THE PERIOD FROM JULY 1, 2014, THROUGH DECEMBER 31, 2014 (ROPS 14-15A); AND SJCOB RESOLUTION NO. 14-02-25-02 ADOPTED APPROVING THE SUCCESSOR AGENCY'S ADMINISTRATIVE BUDGET FROM JULY 1, 2014, TO DECEMBER 31, 2014 (330.20) U Cindy Russell, Chief Financial Officer, provided a PowerPoint presentation and responded to questions. 1 2/25/2014 1 Board Action: Moved by Board Member McCord, seconded by Board Member Doll, and carried 5-0 with Board Member Thomas and Vice-Chair Kerr absent to adopt Oversight Board Resolution 14-02-25-01 entitled, "A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD FROM JULY 1, 2014, THROUGH DECEMBER 31, 2014, (ROPS 14- 15A) AND AUTHORIZING CERTAIN OTHER ACTIONS PURSUANT TO CALIFORNIA HEALTH & SAFETY CODE SECTION 34181(g);" and adopt Oversight Board Resolution 14-02-25-02 entitled, "A RESOLUTION OF THE OVERSIGHT BOARD TO THE SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FROM JULY 1, 2014, TO DECEMBER 31, 2014, PURSUANT TO HEALTH AND SAFETY CODE SECTION 341770)." ROLL CALL: AYES: BOARD MEMBER: Doll, Hampton, McCord, Tatarian and Chair Freese NOES: BOARD MEMBER: None ABSENT: BOARD MEMBER: Thomas and Vice-Chair Kerr BOARD COMMENTS: Board Member McCord asked on the status of the Lower Rosan Ranch. Cindy Russell, Chief Financial Officer, stated it will be included as part of the Long Range Management Plan. Chair Freese asked on the status of the Camino Real Playhouse property. Cindy Russell, Chief Financial Officer, stated it will be included as part of the Long Range Management Plan. Board Member Tatarian asked on the time frame for the Oversight Board dissolution. Cindy Russell, Chief Financial Officer, stated that the Oversight Board is to continue until July 1, 2016, when a County Oversight Board will be formed. ADJOURNMENT: There being no further business, Chair Freese adjourned the meeting at 4:08 p.m. to Tuesday, March 25, 2014, at 3:30 p.m. for the public Business Session, in the City Council Chambers. 2 2-25-2014 Respectfully submitted, CHRIS J KL, DE UT CI CLERK Approved: April 22, 2014 ATTEST: 6 LAU REESE, CHAIR 3 2-25-2014