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06-06-2012 CITY OF GRAND TERRACE 1 T:: .i"- OVERSIGHT BOARD 'FOR THE SUCCESSOR AGENCY OF THE GRAND a .na TERRACE COMMUNITY REDEVELOPMENT AGENCY MINUTES • JUNE 6, 2012 Council Chambers Regular Meeting. 4:00 PM Grand Terrace Civic Center• 22795 Barton Road CALL TO ORDER Pledge of Allegiance Attendee Name I _ ' Title ' ' - _ j Status. { Arrived - Walt Stanckiewitz ' r Chairman Present _Joyce Powers_. Vice-Chairman Present Camille Sidoti Board Member Present Jacqueline Mitchell Board Member Present Frank Miranda ' Board Member Present Jess Vizcaino Board Member Absent Cindy Saks Board Member Present Tracey Martinez SecretaryPresent Betsy Adams I Executive Director, Successor Agency I Present Bernie Simon I Finance Director, Successor Agency . Present Robert Khuu I Assistant City Attorney, 'Successor Agency , Present 1. CONFIRMATION OF AGENDA. 2. SPECIAL PRESENTATIONS 3. PUBLIC COMMENT 4. APPROVAL OF MINUTES 1.. Approval of.Minutes—.Regular Meeting—05/16/2012 RESULT: ACCEPTED [UNANIMOUS] ' MOVER: Cindy Saks, Board Member SECONDER: Joyce Powers, Vice-Chairman - ' AYES: Stanckiewitz, Powers, Sidoti, Mitchell, Miranda,Saks ABSENT: Jess Vizcaino 5. UNFINISHED BUSINESS A.. Update on-Purchase of Successor Agency Parcels by O'Reilly'Automotive Stores Executive Director Successor Agency, Betsy Adams, gave an overview on the status of the sale of Assessor's Parcel Numbers 0275-242-10 and 0275-242-11 to O'Reilly Automotive Stores. B. Update of Recognized Obligation Payment Schedule for Period of July 1, 2012 through December 31, 2012 City of Grand Terrace Page 1 Updated 6/13/2012 12:22 PM 9. CLOSED SESSION ADJOURN- A. The Next Regular Oversight Board Meeting will be held on Wednesday, June 6, 2012 at 4.00 PM. City of Grand.Terrace Page 2 Updated 5/10/2012 12:07 PM t should be pointed out that Fresh & Easy is also a large chain and they are no longer going to build in Grand Terrace. Walmart, also a large chain, 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 June 6, 2012 Receive the information on the status of the Successor Agency's Recognized Obligation Payment Schedule for the period of July 1, 2012 through December 31, 2012 (ROPS2) and approve a Resolution adopting the amended ROPS2. RESULT: APPROVED [UNANIMOUS] MOVER: Joyce Powers, Vice-Chairman SECONDER: Camille-Sidoti, Board Member AYES: Stanckiewitz, Powers, Sidoti, Mitchell, Miranda, Saks ABSENT: Jess Vizcaino Board Member Saks Stated that the Staff Report indicated that a letter from.the Department of Finance approving ROPS1 and ROPS2, with-the exclusion of the items deleted by the DoF, was attached to the report. The letter was not attached to the report and she requested a copy of the letter. Executive Director Successor Successor Agency, Betsy Adams Stated that staff would provide the letter.to the Board Members, as requested 6. NEW BUSINESS A. Administrative Budget for Period July 1, 2012 to December 31, 2012 Adopt a Resolution Approving an Administrative Budget for the Period July1, 2012 to December 31, 2012. RESULT: APPROVED [UNANIMOUS] MOVER: Camille Sidoti, Board Member SECONDER: Joyce Powers, Vice-Chairman AYES: Stanckiewitz, Powers, Sidoti, Mitchell, Miranda, Saks- ABSENT: Jess Vizcaino B. Administrative Budget for Period January 1, 2012 to June 30, 2012 Adopt a Resolution Approving an.Administrative Budget for the Period of January 1, 2012 to June 30, 2012. RESULT: APPROVED [UNANIMOUS] MOVER: Cindy Saks, Board Member SECONDER: Frank Miranda, Board Member AYES: Stanckiewitz, Powers, Sidoti, Mitchell, Miranda, Saks jABSENT: Jess Vizcaino C. Consider Meeting Schedule for July and August It was the consensus of the Oversight Board Members to hold their regular meeting on June 20, 2012.. Also, if the need arises, a special meeting will be called on June.27,.2012. It was the consensus of the Board to cancel 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 June 6, 2012 7. PUBLIC HEARINGS I8. BOARD'MEMBER REPORTS Board Member Cindy Saks: Stated that she receives informational emails from the county indicating that the Board Members representing the County should-receive copies of the contracts that are listed on the ROPS. She realizes that it is a lot of work, however, if-there are some contracts that have already been scanned, she would like copies. Also, she would like.to see expenditures that are going out, related to the:ROPS, in some -form of a financial statement. - 9. CLOSED SESSION - ADJOURN A. The Next,Regular Oversight Board Meeting will'be held on Wednesday, June 20, 2012 at 4,00 PM : ‘0,Ur41.rignC)tbuhn----47) - MAYOR of t e City of Grand Terrace CITY CLERK of the City of d Terrace • City of Grond Terrate Page 3 Updated 6/13/2012 12:22 PM