12-0620_SJCOB_Minutes_Regular Meeting MINUTES
JUNE 20, 2012
OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
SAN JUAN CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY
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REGULAR MEETING
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BUSINESS SESSION:
Laura Freese, Chair, called the Regular Meeting of the San Juan Capistrano Oversight
Board to the Successor Agency of the San Juan Capistrano Community
Redevelopment Agency at 3:03 p.m. Vice-Chair Kerr 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:
• Ken Steelman, representing Home Depot.
CONSENT CALENDAR: Moved by Vice-Chair Kerr, seconded by Board Member
Tatarian, and carried unanimously to approve item 1.
J 1 1. OVERSIGHT BOARD MINUTES — REGULAR MEETING OF MAY 16, 2012,
APPROVED
BOARD ACTIONS:
1. APPROVED TRANSFER OF THE PASEO VERDUGO PROPERTY AND
TERMINATION OF OWNER PARTICIPATION AGREEMENT (TERMINATION
AGREEMENT) BETWEEN 26755 VERDUGO, LLC AND THE CITY OF SAN
JUAN CAPISTRANO ACTING AS SUCCESSOR AGENCY (SUCCESSOR
AGENCY) TO THE FORMER SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY (FORMER REDEVELOPMENT AGENCY)
(600.45)
Cindy Russell, Chief Financial Officer, provided an agenda report and responded
to questions.
Board Action: Moved by Board Member Thomas, seconded by Board Member
Tatarian, and carried unanimously to 1) the transfer of the Paseo De Verdugo
property; and 2) the termination of Owner Participation Agreement (Termination
Agreement) between 26755 Verdugo, LLC and the City of San Juan Capistrano
acting as Successor Agency of the former San Juan Capistrano Community
Redevelopment Agency.
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2. OVERSIGHT BOARD RESOLUTION 12-06-20-01 ADOPTED APPROVING
THE SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FROM JULY 1,
2012, TO DECEMBER 31, 2012, PURSUANT HEALTH AND SAFETY CODE
SECTION 34177 0); SUCCESSOR AGENCY AUTHORIZED TO TRANSMIT
THE ADMINISTRATIVE BUDGET ORANGE COUNTY AUDITOR-
CONTROLLER, STATE CONTROLLER'S OFFICE AND STATE DEPARTMENT
OF FINANCE; AND, POSTING ON THE CITY'S WEBSITE (330.20)
Michelle Bannigan, Accounting Manager, provided an agenda report and
responded to questions.
Board Action: Moved by Board Member McCord, seconded by Board Member
Doll, and carried unanimously to adopt Oversight Board Resolution
12-06-20-01 entitled: A RESOLUTION OF THE OVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE SAN JUAN CAPISTRANO
REDEVELOPMENT AGENCY, APPROVING THE SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET FROM JULY 1, 2012, TO DECEMBER 31, 2012,
PURSUANT HEALTH AND SAFETY CODE SECTION 34177 0); Successor
Agency authorized to transmit the Administrative Budget to the Orange County
Auditor-Controller, State Controller's Office and State Department of Finance;
and, posting on the City's website.
3. REVIEW OF OFFICIAL CORRESPONDENCE AND STATUS OF REQUIRED
DOCUMENTS TRANSMITTED TO THE STATE DEPARTMENT OF FINANCE,
STATE CONTROLLER'S OFFICE AND ORANGE COUNTY AUDITOR-
CONTROLLER'S OFFICE AND OTHER CORRESPONDENCE, RECEIVED
AND FILED (400.10)
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 receive and file official correspondence and status of
required documents transmitted to the State Department of Finance, State
Controller's Office and Orange County Auditor-Controller's Office and other
correspondence.
BOARD COMMENTS: None.
ADJOURNMENT:
There being no further business, Chair Freese adjourned the meeting at 3:41 p.m. to
Wednesday, July 18, 2012, at 3:00 p.m. for the public Business Session, in the
City Council Chambers.
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RespectFu _ b itted,
MART IS-,-CITY I
Approved: July 25, 201
ATTEST:
LAURA FREES , CHAIR
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