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04-18-2012 CITY OF GRAND TERRACE .tf-`Y -;,:ca;- OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY OF THE GRAND a.,,�,,.• TERRACE COMMUNITY REDEVELOPMENT AGENCY MINUTES • APRIL 18, 2012 Council Chambers Regular Meeting 4:00 PM Grand Terrace Civic Center• 22795 Barton Road CALL TO ORDER Pledge of Allegiance Camille Sidoti led the Pledge of the Allegiance Attendee Name ! _ Title ' Status } Arrived Walt StanckiewitzChairman �_ _ Present Joyce Powers — Vice-Chairman Present Camille Sidoti _ _ Board Member Present Jacqueline Mitchell Board Member I Present Frank Miranda Board Member Present Jess Vizcaino Board Member i Absent Cindy Saks j Board Member Present Betsy Adams I Executive Director, Successor Agency Present I Bernie Simon ( Finance Director, Successor Agency Present Tracey Martinez Secretary Present Robert Khuu 1 Deputy Attorney, Successor Agency Present I 1. CONFIRMATION OF AGENDA 2. SPECIAL PRESENTATIONS 3. PUBLIC COMMENT 4. APPROVAL OF MINUTES 1. Approval of Oversight Board Minutes of 04/04/2012 RESULT: ACCEPTED [UNANIMOUS] MOVER: Cindy Saks, Board Member SECONDER: Jacqueline Mitchell, Board Member AYES: Stanckiewitz, Powers, Sidoti, Mitchell, Miranda, Saks ABSENT: Jess Vizcaino 5. UNFINISHED BUSINESS A. Recognized Payment Obligation Schedule for Period July 1, 2012 to December 31, 2012 Adopt a Resolution Approving a Recognized Obligation Payment Schedule (ROPS) for Period July 1, 2012 to December 31, 2012. City of Grand Terrace Page 1 Updated 4/11/2012 4:18 PM ated 4/11/2012 5:08 PM g the Date, Time, and Location for meetings of the Oversight Board of the Successor Agency to the Community Redevelopment Agency of the City of Grand Terrace. MOTION BY BOARD MEMBER SIDOTI, SECOND BY BOARD MEMBER MIRANDA,-CARRIED 6-0, TO APPROVE A RESOLUTION ESTABLISHING THE DATE,.TIME, AND LOCATION FOR MEETINGS OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF GRAND TERRACE. 5. Resolution Adopting Bylaws and Rules of Procedure for the Oversight Board. MOTION BY VICE-CHAIRMAN POWERS, SECOND BY BOARD MEMBER MIRANDA, CARRIED 6-0, TO APPROVE.A RESOLUTION ADOPTING BYLAWS AND RULES OF PROCEDURE FOR-THE OVERSIGHT BOARD. City of Grand Terrace Page 2 Updated 4/11/2012 5:08 PM Minutes Oversight Board April 18, 2012 RESULT: APPROVED.[UNANIMOUS] MOVER: Joyce Powers, Vice-Chairman SECONDER: Camille Sidoti, Board Member AYES: Stanckiewitz, Powers, Sidoti, Mitchell, Miranda, Saks ABSENT: Jess Vizcaino 6. NEW BUSINESS A. Designation of Housing Authority and Successor Agency Properties and Approval of the Transfer of Housing Assets of the Former Grand Terrace Redevelopment Agency to the Grand Terrace Housing Authority Adopt a:Resolution designating properties by the Housing Authority and Successor Agency as Housing, for Reuse, or for Governmental purposes and approving the transfer of housing assets of the former Grand Terrace Redevelopment Agency to the Grand Terrace Housing Authority RESULT: APPROVED [UNANIMOUS] MOVER: Cindy Saks, Board Member SECONDER: Frank Miranda, Board Member AYES: Stanckiewitz, Powers, Sidoti, Mitchell, Miranda, Saks ABSENT: Jess Vizcaino B. Termination of Memorandum of Understanding Between the City, Former Redevelopment Agency, and Grand Terrace Partners, LLC Adopt a Resolution approving the Agreement to Terminate the Memorandum of Understanding between , the City, former Redevelopment Agency, and Grand Terrace Partners, LLC, and payment of $375,000 with unallocated funds of the former Redevelopment Agency. RESULT: APPROVED [UNANIMOUS] MOVER: Cindy Saks, Board Member SECONDER: Camille Sidoti, Board Member AYES: Stanckiewitz, Powers, Sidoti, Mitchell, Miranda, Saks ABSENT: Jess Vizcaino 7. PUBLIC HEARINGS 8. BOARD MEMBER REPORTS A. Cindy Saks Thanked staff for all of their efforts and information that they are providing to the Oversight Board 9. CLOSED SESSION ADJOURN The Next Regular Oversight Board Meeting will be held on Wednesday, May 2, 2012 at 4:00 PM. City of Grand Terrace Page 2 Updated 4/11/2012 4:18 PM DA,-CARRIED 6-0, TO APPROVE A RESOLUTION ESTABLISHING THE DATE,.TIME, AND LOCATION FOR MEETINGS OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF GRAND TERRACE. 5. Resolution Adopting Bylaws and Rules of Procedure for the Oversight Board. MOTION BY VICE-CHAIRMAN POWERS, SECOND BY BOARD MEMBER MIRANDA, CARRIED 6-0, TO APPROVE.A RESOLUTION ADOPTING BYLAWS AND RULES OF PROCEDURE FOR-THE OVERSIGHT BOARD. City of Grand Terrace Page 2 Updated 4/11/2012 5:08 PM Minutes Oversight Board April 18, 2012 MAYOR of the City of Grand Terrace CITY CLEO of the City of G d Terrace City of Grand Terrace Page 3 Updated 4/11/2012 4:18 PM