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08-21-2013 I-: , CITY OF GRAND TERRACE • ifruz.aitz.24 OVERSIGHT BOARD FOR THE.SUCCESSOR AGENCY OF THE GRAND TERRACE COMMUNITY REDEVELOPMENT AGENCY MINUTES • AUGUST 21, 2013 Council Chambers Regular Meeting 4:00 PM Grand Terrace Civic Center• 22795 Barton Road CALL TO ORDER Pledge of Allegiance Attendee Name ! Title I Status ' Arrived Walt Stanckiewitz _ Chairman I Present Cindy Saks Vice-Chairman Present Donna Ferracone Board Member Present Frank Miranda Board Member Present Chuck Morga Board Member Present- Bobbie Forbes Board Member ' Absent Richard Shields Board Member Present Betsy Adams Executive Director Present Tracey Martinez Secretary Present Steve Elam Finance Department Present Cynthia Fortune Finance Manager Present Yolanda Summerhill City Attorney's Office Present 1. CONFIRMATION OF AGENDA 2. SPECIAL PRESENTATIONS 3. PUBLIC COMMENT 4. APPROVAL OF MINUTES 1. Approval of Minutes—Regular Meeting—07/17/20.13 RESULT: ACCEPTED [5 TO 0] MOVER: Donna Ferracone, Board Member SECONDER: Chuck Morga, Board Member AYES: Saks, Ferracone, Miranda,.Morga, Shields ABSTAIN: Walt Stanckiewitz ABSENT: Bobbie Forbes 5. UNFINISHED BUSINESS 6. NEW BUSINESS A. Termination 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. City of Grand Terrace Page 1 Updated 4/4/2013 11:29 AM rand Terrace Page 1 Updated 4/4/2013 11:29 AM evelopment Agency Community Redevelopment Agency City of Grand Terrace Page 2 Updated 4/4/2013 11:29 AM ce Page 2 Updated-4/4/2013 11:29 AM 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 August 21, 2013 This is a receive and file item. No formal action was taken. B Consultant Services Agreement for Long-Range Property Management Plan Preparation This is a receive and file item. No formal action was taken. 7. PUBLIC HEARINGS 8. BOARD MEMBER REPORTS 9. CLOSED SESSION ADJOURN The Meeting was adjourned at 4:11 p.m. The Next Regular Oversight Board Meeting will be held on Wednesday, September 4, 2013 at 4:00 PM. Chairman of the Oversight Board for the Secretary of(the OOversight Board the Successor Agency of the Grand Terrace Successor Agency of the Grand errace Community Redevelopment Agency Community Redevelopment Agency City of Grand Terrace Page 2 Updated 4/4/2013 11:29 AM age 3 Updated 4/4/2013 11:29 AM Page 3 Updated 6/13/2012 12:22 PM