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12-19-2012 ` � CITY OF GRAND TERRACE 1. :r-taxIt1: OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY OF THE GRAND ,,,°,C, °4D TERRACE COMMUNITY REDEVELOPMENT AGENCY MINUTES • DECEMBER 19, 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 I - Status - ; Arrived Walt Stanckiewitz _ Chairman _ --f Present Cindy_Saks ��j Vice-Chairman Present Frank Miranda Board Member Absent Chuck Morga Board Member Present Jackie Mitchell Board Member Present Richard Shields _Board Member Present Jess Vizcaino_ Board Member Absent Betsy Adams Executive Director Present Steve Elam Interim Finance Director Present Tracey Martinez . -Secretary Present I1. CONFIRMATION OF AGENDA 2. SPECIAL PRESENTATIONS 3. PUBLIC COMMENT 4. APPROVAL OF MINUTES 1. Approval of Minutes—Regular Meeting— 12/05/2012 RESULT: ACCEPTED [UNANIMOUS] MOVER: Jackie Mitchell, Board Member SECONDER: Cindy Saks, Vice-Chairman AYES: Stanckiewitz, Saks, Morga, Mitchell, Shields ABSENT: - Frank Miranda, Jess Vizcaino 5. UNFINISHED BUSINESS A. Adoption of Resolution Approving Due Diligence Review for Successor Agency Non-Housing Funds, Retention of Obligated Fund Assets, and Transmittal of Review to.Applicable.Agencies City of Grand Terrace Page 1 Updated 10/25/2012 1:16 PM sight Board Chairman Stanckiewitz Welcomed Mr Morga to the Oversight Board indicating that he feels he will be a good addition to the Board. Board Member Mitchell Welcomed Chuck Morga to the Oversight Board. 9. CLOSED SESSION ADJOURN The Next Regular 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 December 19, 2012 RESULT: APPROVED [UNANIMOUS] MOVER: Cindy Saks, Vice-Chairman SECONDER: Richard Shields, Board Member AYES: Stanckiewitz, Saks, Morga, Mitchell, Shields ABSENT: Frank Miranda, Jess Vizcaino 6. NEW BUSINESS A. Extension of Agreement with the HdL Companies for Property Tax Consulting/Auditing Services RESULT: APPROVED [UNANIMOUS] MOVER: Richard Shields, Board Member SECONDER: Cindy Saks, Vice-Chairman AYES: Stanckiewitz, Saks, Morga, Mitchell, Shields ABSENT: Frank Miranda, Jess Vizcaino 7. PUBLIC HEARINGS 8. BOARD MEMBER REPORTS 9. CLOSED SESSION. ADJOURN The Next Regular Oversight Board Meeting will be held on Wednesday, January 16, 2013 at 4:00 PM. LC Chairman of the Oversight Board for the Secreta�ry of the Oversight B for the Successor Agency�of the Grand Terrace Successor Agency of the Gran •errace Community Redevelopment Agency Community Redevelopment Agency City of Grand Terrace Page 2 Updated 10/25/2012 1:16 PM SECONDER: Cindy Saks, Vice-Chairman AYES: Stanckiewitz, Saks, Morga, Mitchell, Shields ABSENT: - Frank Miranda, Jess Vizcaino 5. UNFINISHED BUSINESS A. Adoption of Resolution Approving Due Diligence Review for Successor Agency Non-Housing Funds, Retention of Obligated Fund Assets, and Transmittal of Review to.Applicable.Agencies City of Grand Terrace Page 1 Updated 10/25/2012 1:16 PM sight Board Chairman Stanckiewitz Welcomed Mr Morga to the Oversight Board indicating that he feels he will be a good addition to the Board. Board Member Mitchell Welcomed Chuck Morga to the Oversight Board. 9. CLOSED SESSION ADJOURN The Next Regular 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