12-0502_SJCOB_Minutes_Special Meeting MINUTES
MAY 2, 2012
OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY
SPECIAL MEETING
u
BUSINESS SESSION
Laura Freese, Chair, called the Special Meeting of the San Juan Capistrano Oversight
Board to the Successor Agency of the San Juan Capistrano Community
Redevelopment Agency at 3:05 p.m. Board Member Tatarian led the
Pledge of Allegiance.
BOARD MEMBERS PRESENT: Lori Doll, Clark Hampton, Kim McCord,
Bruce Tatarian, Larry Thomas, Ginny Kerr, Vice-Chair and Laura Freese, Chair
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: Moved by Board Member Thomas, seconded by Vice-Chair
Kerr, and carried 6-1 with Board Member Hampton abstained to approve item 1.
1. OVERSIGHT BOARD MINUTES — SPECIAL MEETING OF APRIL 9, 2012,
{ I� APPROVED
BOARD ACTIONS:
1. OVERSIGHT BOARD RESOLUTION NO. 12-05-02-01 APPROVING THE
ADMINISTRATIVE BUDGET FOR THE SUCCESSOR AGENCY TO THE SAN
JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY; AND
AUTHORIZATION OF AN AGREEMENT FOR REIMBURSEMENT OF COSTS
AND CITY/SUCCESSOR AGENCY'OPERATIONS LOAN BETWEEN THE CITY
AND THE SUCCESSOR AGENCY (330.20/600.30)
Cindy Russell, Chief Financial Officer, provided an agenda report and responded
to questions.
Board Action: Moved by Board Member Tatarian, seconded by Board Member
Thomas, and carried unanimously to adopt OVERSIGHT BOARD RESOLUTION
NO. 12-05-02-01 entitled "A RESOLUTION OF THE OVERSIGHT BOARD TO
THE SUCCESSOR AGENCY OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY, APPROVING THE SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET FROM FEBRUARY 1, 2012, TO JUNE 30, 2012,
PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177(J) AND
AUTHORIZING THE SUCCESSOR AGENCY TO ENTER INTO AN
AGREEMENT WITH THE CITY OF SAN JUAN CAPISTRANO FOR
ADMINISTRATIVE SUPPORT PURSUANT TO HEALTH AND SAFETY CODE
SECTION 34171."
&40 1 5-2-2012
2. OVERSIGHT BOARD RESOLUTION NO. 12-05-02-02 APPROVING THE
SUCCESSOR AGENCY'S REVISED RECOGNIZED OBLIGATION PAYMENT
SCHEDULE (ROPS) FOR THE PERIOD FROM JANUARY 1, 2012 THROUGH
DECEMBER 31, 2012 (400.80)
Cindy Russell, Chief Financial Officer, provided an agenda report and responded
to questions.
Board Action: Moved by Board Member Thomas, seconded by Vice-Chair Kerr,
and carried unanimously to adopt OVERSIGHT BOARD RESOLUTION
NO. 12-05-02-02 entitled "A RESOLUTION OF THE OVERSIGHT BOARD TO
THE SUCCESSOR AGENCY OF THE SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY, APPROVING THE REVISED RECOGNIZED
OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD FROM JANUARY 1,
2012, TO JUNE 30, 2012, AND FROM JULY 1, 2012, to DECEMBER 31, 2012,
PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE, DIVISION 24,
PART 1.85; AUTHORIZE POSTING AND TRANSMITTAL THEREOF."
BOARD COMMENTS:
• Board Member Tatarian requested for additional financial information to be provided
to the Board at the next meeting.
ADJOURNMENT:
There being no further business, Chair Freese adjourned the meeting at 3:31 p.m. to
Wednesday, May 16, 2012, at 3:00 p.m. for the public Business Session, in the
City Council Chambers.
Respectfully submieed,
h ,
MAR MORRI RSI HT BOARD SECRETARY
Approved: May 16, 2012
AEST•
LAURA FREESE, CHAIR
2 5-2-2012
NOTICE OF SPECIAL MEETING
OVERSIGHT BOARD TO THE SUCCESSOR AGENCY
OF THE SAN JUAN CAPISTRANO
COMMUNITY REDEVELOPMENT AGENCY
The City of San Juan Capistrano, California, hereby gives notice that a Special Meeting
of the Oversight Board to the Successor Agency of the San Juan Capistrano
Community Redevelopment Agency will be held on Wednesday, May 2, 2012, at 3:00
p.m., in the City Council Chamber, 32400 Paseo Adelanto, San Juan Capistrano,
California.
M rris, Ci CI rk
Date: April 26, 2012
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF SAN JUAN CAPISTRANO )
I hereby certify that a copy of the Notice of Special Meeting of the Oversight Board to
the Successor Agency of the San Juan Capistrano Community Redevelopment Agency
will be held on Wednesday, May 2, 2012, at 3:00 p.m., was mailed and/or sent via fax
transmittal, or personally delivered not less than twenty-four hours before the meeting.
Laura Freese, Chair
Virginia "Ginny" Kerr, Vice-Chair
Lori Doll, Board Member
Clark Hampton, Board Member
Kim McCord, Board Member
Bruce Tatarian, Board Member
C. Lawrence "Larry" Thomas , Board Member
The Register
Capistrano Valley News
Capistrano Dispatch
San Juan Patch
I d cla and r penal of pe ' that the foregoing is true and correct.
J M 'a M nis, City er {
Date: April 26, 2012
SD
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