Oversight Board - 05-03-2012 - Page 001OVERSIGHT BOARD TO THE SUCCESSOR AGENCY
OF THE WEST COVINA
REDEVELOPMENT AGENCY
AGENDA
West Covina City Council Chambers
1444 West Garvey Avenue, West Covina, CA 91790
Regular Meeting
Thursday, May 3, 2012
4:00 p.m.
Fernando Oliveros, Chairperson
Efrain Escobedo, Vice Chairperson
Dawn Bastin, Board Member
Luzmaria Chavez, Board Member
Mike Gregoryk, Board Member
Mike Lee, Board Member
Michael Touhey, Board Member
AMERICANS WITH DISABILITIES ACT
The Board complies with the Americans with Disabilities Act (ADA). If you will need special
assistance at Board Meetings, please call (626) 939-8433 (voice) or (626) 960-4422 (TTY) from 8 to 5
Monday through Thursday, at least 48 hours prior to the meeting to make arrangements.
AGENDA MATERIAL
Agenda material is available for review at the West Covina City Clerk's office, Room 317 in City Hall,
1444 W. Garvey Avenue, West Covina and at www.westcovina.org. Any writings or documents
regarding any item on this agenda not exempt from public disclosure, provided to a majority of the
Oversight Board that is distributed less than 72 hours before the meeting, will be made available for
public inspection in the City Clerk's office, Room 317 of City Hall during normal business hours.
PUBLIC COMMENT
Any member of the public may address the Board on items within the Board's subject matter
jurisdiction during Public Comments. The Board may not take action on matters not listed on the
posted agenda. If you would like to address the Board, please complete a Speaker Card and submit to
the Board Secretary. All comments are limited to three (3) minutes per speaker.
All speakers shall observe decorum and order as specified in the Rules of Procedure of the Oversight
Board to the Successor Agency of the West Covina Redevelopment Agency.
l
I CERTIFY THAT A COPY OF THE COUNCIL AGENDA FOR
THE MEETING OF513 PLWAS POSTED IN
ACCORDANCE WITH 11) 01 ,BROWN ACT AMEND EAII±
DATED: f/3° /2 11
West Covina Oversight Board Agenda
OB Agenda 05.03.12
OFFICE OF THE CITY CLERK
Page I 1
Thursday, May 3, 2012
4:00 p.m.
I. CALL TO ORDER:
A. Roll Call
Fernando Oliveros, Chairperson
Efrain Escobedo, Vice Chairperson
Dawn Bastin, Board Member
Luzmaria Chavez, Board Member
Mike Gregoryk, Board Member
Mike Lee, Board Member
Michael Touhey, Board Member
B. Pledge of Allegiance
C. Oath of Office
The West Covina Assistant City Clerk shall administer the Oath of Office to new
appointees to the City of West Covina Oversight Board.
II. CHANGES TO AGENDA:
III. PUBLIC COMMENT:
This is the time set aside for public comments. Please step forward to the
podium and state your name and city of residence for the record when recognized
by the Chairperson.
IV. CONSENT AGENDA:
A. Approval of Minutes:
No items.
V. BUSINESS ITEM(S):
A. REVIEW OF THE SCHEDULE OF DISTRIBUTION OF FUTURE TAX
REVENUES (ALSO KNOWN AS RECOGNIZED OBLIGATION PAYMENT
SCHEDULES "ROPS") COVERING THE PERIOD OF JULY 1, 2012
THROUGH DECEMBER 31, 2012.
West Covina Oversight Board Agenda
OB Agenda 05.03.12
Page 12
To provide a summary of the items listed in the July 1, 2012 through December
31, 2012 Schedule of Distribution of Future Tax Revenues (also known as the
Recognized Obligation Payment Schedules "ROPS").
Recommended Action
It is recommended that the Oversight Board receive and file the report.
VI. STUDY SESSION
No Items
VII. BOARD MEMBERS' COMMENTS
VIII. CLOSED SESSION
No Items
IX. ADJOURNMENT
Copies of staff reports or other written documentation, if any, relating to each item of business described above are
on file in the West Covina City Hall, City Clerk's Office, 1444 West Garvey Avenue, West Covina, CA 91790, and
are available for public inspection upon request during regular business hours of 8:00am to 5:30 p.m., Monday
through Thursday.
Should any person have a question concerning any of the above agenda items prior to the meeting described herein, he or
she may contact Christopher J. Chung, Community Development Commission, either in person at the
Community Development Commission Department at the West Covina City Hall, 1444 West Garvey Avenue,
West Covina, CA 91790, or by calling via telephone at (626) 939-8401 during regular business hours.
West Covina Oversight Board Agenda Page 13
OB Agenda 05.03.12