02-20-2013 ,} CITY OF GRAND TERRACE
i i-7- tilo= OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY OF THE GRAND
TERRACE COMMUNITY REDEVELOPMENT AGENCY
MINUTES • FEBRUARY 20, 2013
Council Chambers Regular Meeting 4:00 PM
Grand Terrace Civic Center • 22795 Barton Road
CALL TO ORDER
Pledge of Allegiance- Led by Board Member Donna Ferracone
_Attendee Name I _ Title i Status Arrived
_Walt Stanckiewitz Chairman Present _
Cindy Saks ( Vice-Chairman Present _
_Frank Miranda '1, Board Member Present
_Chuck Morga Board Member Present
Richard Shields 1 Board Member Present
—Betsy
Ferracone Board Member Present.
Betsy Adams ^ Executive Director Present
Tracey Martinez , Secretary _ Present
Cynthia Fortune 1 Finance Manager Present
Steve Elam Finance Department Present
Robert Khuu Assistant City Attorney Present
I1. CONFIRMATION OF AGENDA
2. SPECIAL PRESENTATIONS
3. PUBLIC COMMENT
4. APPROVAL OF MINUTES
1. Approval of Minutes—Regular Meeting—02/06/2013
RESULT: ACCEPTED [UNANIMOUS]
MOVER: Donna Ferracone, Board Member
SECONDER: Chuck Morga, Board Member
AYES: Stanckiewitz, Saks, Miranda, Morga, Shields, Ferracone
5. UNFINISHED BUSINESS
6. NEW BUSINESS
A. . Adoption of Resolution Approving Successor Agency Administrative Budget for Fiscal Year.2013-14
Adopt a Resolution Approving Successor Agency Administrative Budget for Fiscal Year 2013-14.
City of Grand Terrace Page 1 Updated.10/25/2012 1:16 PM
ecognized Obligation. Payment Schedule Ill for Period of
January 1 through June 30, 2013
City of Grand Terrace Page 1 Updated 10/25/2012 1:16 PM
Oversight Board Meeting will be held on Wednesday, December 19, 2012 at 4:00 PM.
City of Grand Terrace Page 2 Updated 10/25/2012 1:16 PM
the July 4, 2012 regular meeting. It was also the consensus of the Board to cancel the
August 15, 2012 meeting and to hold a special meeting on August.22, 2012.
City of Grand Terrace Page 2 Updated 6/13/2012 12:22 PM
,
has been known to offer to build in other cities and then not been able to fulfill their promise. He feels that
the Oversight Board is the last line of defense for the:City of Grand Terrace and that it is their purpose to
be cautious in the disposal of its assets.
4. APPROVAL OF MINUTES
1. Approval of Minutes-Regular Meeting-05/02/2012
City of Grand Terrace Page 1 Updated 5/10/2012 12:07 PM
Minutes Oversight Board February 20, 2013
RESULT: APPROVED.[UNANIMOUS]
MOVER: Cindy Saks, Vice-Chairman
SECONDER: Donna Ferracone, Board Member _
AYES: Stanckiewitz, Saks,-Miranda, Morga, Shields, Ferracone
B. Adoption of Resolution Approving the Successor Agency's Recognized Obligation Payment Schedule
(ROPS) for the Period July 1, 2013 through December 31, 2013 (ROPS 13-14A)
Adopt a Resolution Approving the Successor Agency's Recognized Obligation Payment Schedule
(ROPS) for the period July 1, 2013 through December 31, 2013 (ROPS 13-14A).
RESULT: APPROVED [UNANIMOUS]
MOVER: Chuck Morga, Board Member
SECONDER: Donna Ferracone, Board Member
AYES: Stanckiewitz, Saks, Miranda, Morga, Shields, Ferracone
7. PUBLIC HEARINGS
8. BOARD MEMBER REPORTS
9. CLOSED SESSION
ADJOURN
The Next.Regular Oversight Board Meeting will be held on Wednesday, March 6, 2013 at 4.00 PM.
r
_)4A -,,Pv10 -(1
Chairman oft e Oversight Board for the Secretary odi the Oversight B for the
Successor Agency of the Grand Terrace Successor Agency of the GrarirTerrace
Community Redevelopment Agency Community Redevelopment Agency
City of Grand Terrace Page 2 Updated 10/25/2012 1:16 PM
AYES: Stanckiewitz, Saks, Miranda, Morga, Shields, Ferracone
5. UNFINISHED BUSINESS
6. NEW BUSINESS
A. . Adoption of Resolution Approving Successor Agency Administrative Budget for Fiscal Year.2013-14
Adopt a Resolution Approving Successor Agency Administrative Budget for Fiscal Year 2013-14.
City of Grand Terrace Page 1 Updated.10/25/2012 1:16 PM
ecognized Obligation. Payment Schedule Ill for Period of
January 1 through June 30, 2013
City of Grand Terrace Page 1 Updated 10/25/2012 1:16 PM
Oversight Board Meeting will be held on Wednesday, December 19, 2012 at 4:00 PM.
City of Grand Terrace Page 2 Updated 10/25/2012 1:16 PM
the July 4, 2012 regular meeting. It was also the consensus of the Board to cancel the
August 15, 2012 meeting and to hold a special meeting on August.22, 2012.
City of Grand Terrace Page 2 Updated 6/13/2012 12:22 PM
,
has been known to offer to build in other cities and then not been able to fulfill their promise. He feels that
the Oversight Board is the last line of defense for the:City of Grand Terrace and that it is their purpose to
be cautious in the disposal of its assets.
4. APPROVAL OF MINUTES
1. Approval of Minutes-Regular Meeting-05/02/2012
City of Grand Terrace Page 1 Updated 5/10/2012 12:07 PM