16-0823_SJCOB_Minutes_Special MeetingMINUTES
AUGUST 23, 2016
OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY
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
to order at 3:31 p.m. Board Member McCord led the Pledge of Allegiance.
BOARD MEMBERS PRESENT: Christy Jakl, Kim McCord, Clark Hampton,
Bruce Tatarian, Vice-Chair Ginny Kerr and Chair Laura Freese.
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.
ORAL COMMUNICATIONS: None.
CONSENT CALENDAR:
1. OVERSIGHT BOARD MINUTES SPECIAL MEETING OF
NOVEMBER 18, 2015 -CONTINUED FROM THE JANUARY 26, 2016,
MEETING (DUE TO LACK OF QUORUM TO APPROVE), APPROVED
2 .
Board Acti on: Moved by Board Member McCord, seconded by Board Member
Tatarian, and carried 4-2 with Board Member Hampton and Vice-Chair Kerr
abstained to approve the November 18, 2015, Minutes .
ROLL CALL:
AYES:
NOES:
ABSENT:
ABSTAINED :
BOARD MEMBER: Jakl, McCord, Tatarian and Chair Freese
BOARD MEMBER: None
BOARD MEMBER: None
BOARD MEMBER: Hampton and Vice-Chair Kerr
OVERSIGHT BOARD MINUTES REGULAR MEETING OF
JANUARY 26, 2016, APPROVED
Board Action: Moved by Board Member McCord, seconded by Board Member
Jakl, and carried 4-2 with Board Member Tatarian and Vice-Chair Kerr abstained
to approve the January 26, 2016, Minutes .
ROLL CALL:
AYES:
NOES:
ABSENT :
ABSTAINED :
BOARD MEMBER: Jakl, McCord, Hampton and Chair Freese
BOARD MEMBER: None
BOARD MEMBER: None
BOARD MEMBER: Tatarian and Vice-Chair Kerr
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BOARD ACTIONS:
1. EXECUTIVE DIRECTOR TO THE SUCCESSOR AGENCY AUTHORIZED TO
EXECUTE THE DOCUMENTS NECESSARY TO EXTEND BY SIX MONTHS
THE DUE DATE OF THE SUCCESSOR AGENCY'S LOAN WITH
FARMERS & MERCHANTS (340.1 0)
Ken Al-lmam, Chief Financial Officer, provided an agenda report and responded
to questions. Tom Clark, Legal Counsel, responded to questions.
Board Action: Moved by Board Member Hampton, seconded by Vice-Chair Kerr,
and carried 5-1, with Board Member Tatarian opposed to authorize the
Executive Director of the Successor Agency to execute the documents
necessary to extend by six months the due date of the Successor Agency's loan
with Farmers & Merchants.
ROLL CALL:
AYES:
NOES:
BOARD MEMBER: Jakl, McCord, Hampton, Kerr and Chair Freese
BOARD MEMBER: Tatarian
ABSENT: BOARD MEMBER: None
BOARD COMMENTS: None.
ADJOURNMENT:
There being no further business, Chair Freese adjourned the meeting at 4:03 p.m. to
Wednesday, Se tember 7, 2016, at 2:00 p.m. for the public Business Session, in the
City Cou il Ch bers.
MARIA
Approved: September 7, 2016
ATTEST:
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