04-17-2013 g CITY OF GRAND TERRACE
'-iatu-4 OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY OF THE GRAND .
a.,,,�.... TERRACE COMMUNITY REDEVELOPMENT AGENCY
MINUTES • APRIL 17, 2013
Council Chambers Regular Meeting 4:00 PM
Grand Terrace Civic Center • 22795 Barton Road
CALL TO ORDER
Pledge of Allegiance
Swear-In New Board Member- Bobbie Forbes
Bobbie Forbes was sworn-in by City Clerk, Tracey Martinez.
Attendee Name Title _ ' Status - Arrived
Walt Stanckiewitz _ Chairman; �w Present
Cindy Saks Vice-Chairman Present
Donna Ferracone Board Member Present
Frank Miranda Board Member Present
Chuck Morga _j Board Member - Absent .
Bobbie Forbes Board Member - Present
Richard Shields Board Member Present
Betsy Adams Executive Director . , Present
Tracey Martinez Secretary - Present
Cynthia.Fortune ' Finance Manager Present
I Steve-Elam Finance Department Present
Sandra Molina . Deputy Community Development Director Present
Yolanda Summerhill Jones& Mayer Present
1. CONFIRMATION OFAGENDA
2. SPECIAL PRESENTATIONS
3. PUBLIC COMMENT -
4. APPROVAL OF MINUTES -
1. Approval of Minutes_Regular Meeting—03/06/2013
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This is a receive and file only item No action was taken.
B. Addendum Three to the Purchase and Sale Agreement and Escrow Instructions Between the City of
Grand Terrace City Council as the Successor Agency of the Community Redevelopment Agency and
O'Reilly Automotive Stores, Inc.
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rrace 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 April 17, 2013
RESULT: ACCEPTED [5 TO.O]
MOVER: Cindy Saks, Vice-Chairman
SECONDER: Donna Ferracone, Board Member
AYES: Stanckiewitz, Saks, Ferracone, Miranda, Shields
ABSTAIN: Bobbie Forbes
ABSENT: Chuck Morga
5. UNFINISHED BUSINESS
A. Status Report of the Purchase and Sale Agreement and Escrow Instructions Between the City of Grand
Terrace City Council as the Successor Agency of the Community Redevelopment Agency and O'Reilly
Automotive Stores, Inc.
This is a receive and.file only item, there was no formal action taken.
6. NEW BUSINESS
A. Resolution in Support of Assembly Bill 981
Adopt an Oversight Board Resolution in support of Assembly Bill 981 to allow-successor agencies to use
tax allocation bonds issued in 2011 with the suggested corrections.
RESULT: APPROVED [UNANIMOUS]
MOVER: - Cindy Saks, Vice-Chairman
SECONDER: Frank Miranda, Board Member
AYES:. Stanckiewitz, Saks, Ferracone, Miranda, Forbes, Shields
ABSENT: Chuck Morga
B. Adoption of Resolution Approving. and Ratifying Professional Consultant Services Agreement with the
HdL Companies for Successor Agency Property Tax Consulting/Audit Services
Adopt a Resolution approving-and ratifying the Professional Consultant Services Agreement with the HdL
Companies for Successor Agency Property Tax Consulting/Audit Services.
RESULT: APPROVED [UNANIMOUS]
MOVER: Richard Shields, Board Member
SECONDER: Donna Ferracone, Board Member -
AYES: Stanckiewitz, Saks, Ferracone, Miranda, Forbes, Shields
ABSENT: Chuck Morga
C. Legal Services Agreement for the Successor Agency-of the Former Grand Terrace Community
Redevelopment Agency
Adopt a Resolution approving-the hourly rate agreement for Successor Agency legal services with Jones
& Mayer
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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 April 17, 2013
RESULT: APPROVED [UNANIMOUS]
MOVER: Donna Ferracone, Board Member
SECONDER: Richard Shields, Board Member
AYES: Stanckiewitz, Saks, Ferracone, Miranda, Forbes, Shields
ABSENT: Chuck Morga
7. _ PUBLIC HEARINGS
8. 'BOARD MEMBER REPORTS
9. CLOSED SESSION
_ ADJOURN
The Meeting was adjourned at 4:36 p m
_The Next Regular Oversight Board Meeting will beheld on Wednesday, May 1, 2013 at.4:00:PM, ,
i
�JI .I
Chairman,o the Oversight Board.for the Secretarylbf the Oversight B rd for the
_ Successor Agency of the-Grand Terrace- Successor Agency of the G nd Terrace
Community.Redevelopment Agency Community Redevelopment Agency
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