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11-18-2014 - Approval of Minutes (receive & file) - min 10.07.14 SA (2).docM I N U T E S REGULAR MEETING OF THE WEST COVINA SUCCESSOR AGENCY October 7, 2014 Chairman Herfert called to order the regular meeting of the West Covina Successor Agency at 9:57 p.m. in the City Hall Council Chambers, 1444 W. Garvey Avenue, West Covina. ROLL CALL Chairman Herfert, Vice Chairman Sykes Board Members Spence, Toma, Warshaw Reporting out from Closed Session, if any, is reported on the corresponding City Council meeting minutes. CHANGES TO THE AGENDA No changes. ORAL COMMUNICATIONS No comments offered. CONSENT CALENDAR SA1 Approval of Minutes (receive & file) Special Meeting Minutes of September 16, 2014 Regular Meeting Minutes of September 16, 2014 SA2 Loan Agreement Concerning Litigation Fees Incurred for the ROPS Periods of February 2012 to June 2012, July 2012 to December 2012, and January 2014 to June 2014 Which Exceeded the Litigation Cost Estimates for Those Same Periods Recommendation is that the City Council, acting as the Successor Agency to the West Covina Redevelopment Agency, approve the Loan Agreement concerning Litigation Fees incurred for the ROPS periods of February 2012 to June 2012, July 2012 to December 2012, and January 2014 to June 2014 which exceeded the litigation cost estimates for those same periods. CONSENT CALENDAR ACTION Motion by Herfert and seconded by Sykes to approve all items on the Consent Calendar as presented. Motion carried 5-0.. ADJOURNMENT Motion by Herfert and seconded by Warshaw to adjourn the meeting at 9:58 p.m. Motion carried 5-0. Submitted by: ____________________________________ Assistant Secretary Susan Rush ________________________________________ Chairman Steve Herfert