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Oversight Board - 07-05-2012 - 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 Thursday, July 5, 2012 4:00 p.m. Luzmaria Chavez, Board Member Mike Gregoryk, Board Member Gerry Hertzberg, Board Member Mike Lee, Board Member Carrie A. Sutkin, Board Member Michael Touhey, Board Member Vacant, Representative for County Superintendent of Education 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.wesicovina.ore. 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. I CERTIFY THAT A COPY OF THE COUNCIL AGENDA FOR THE MEETING OF 7 J S /) WAS POSTED IN ACCORD f E WITH THE 01187 BROWN ACT AMENDMENT DATi h OFFICrOF THE CITY CLERK West Covina Oversight Board Agenda Page I 1 Agenda OB 752012 (2) revised AMAG Thursday, July 5, 2012 4:00 p.m. . I . I. CALL TO ORDER: A. Roll Call -Luzmaria Chavez, Board Member -Mike Gregoryk, Board Member -Gerry Hertzberg, Board Member -Mike Lee, Board Member -Carrie A. Sutkin, Board Member -Michael Touhey, Board Member -Vacant, Representative for County Superintendent of Education 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. D. Election of Chairperson and Vice Chairperson As a result of the recent resignation of the Chairman Fernando Oliveros and Vice Chairman Efrain Escobedo, the Oversight Board will need to elect a new Chairperson and Vice Chairperson. Upon the conclusion of the election(s), the Chairperson will take their seat at the head of the dais and conduct the meeting. Recommended Action Staff recommends that the Oversight Board to the -Successor Agency of the West Covina Redevelopment Agency: a. Elect a Chairperson for the Oversight Board to the Successor Agency of the West Covina Redevelopment Agency; b. Elect a Vice Chairperson for the Oversight Board to the Successor Agency of the West Covina Redevelopment Agency; .c. Adopt Resolution No. OB-0010 reflecting the selection of the Chairperson and Vice Chairperson. II. CHANGES TO AGENDA: West Covina Oversight Board Agenda Page 12 Agenda OB 752012 (2) revised AMAG 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: All matters listed under CONSENT CALENDAR are considered to be routine and can be acted on by one roll call vote, There will be no separate discussion of these items unless members of the Oversight Board request a specific item to be removed from the Consent Calendar for separate discussion or action. A. Approval of Minutes (receive and file): 1. Regular Meeting Minutes of April 19, 2012 May 3, 2012 Recommended Action to approve all items on the Consent Agenda as recommended except: V. EXECUTIVE DIRECTOR/SUCCESSOR AGENCY REPORTS A. Update of the State of California Department of Finance Approvals/Denials of Schedules of Distribution of Future Tax Revenues (also known as the Recognized Obligation Payment Schedules "ROPS") Staff will provide an update on the State of California Department of Finance's ("DOF") approval and denial of items contained within the Schedules of Distribution of Future Tax Revenues (also known as the Recognized Obligation Payment Schedules "ROPS") for the period of January 1, 2012 through June 30, 2012 and July 1, 2012 through December 31, 2012. Recommended Action This is an informational item only. No action is required. B. Assembly Bill 1484 (AB 1484) To discuss recently passed legislation that affects the roles and responsibilities of the Oversight Board and Successor Agency. Recommended Action This is an informational item only. No action is required. VI. BUSINESS ITEM(S): A. Review of Assets for Eastland Shopping Center, Lakes Office Development and Westfield Plaza (Mall) This report reviews 14 parcels of land owned by the former redevelopment agency. Staff will provide a brief staff report and provide a tour to the Oversight West Covina Oversight Board Agenda Page 13 Aaenda OB 752012 (2) revised AMAG Board Members of these properties. To prevent any Brown Act violation concerns, the Board Members will be caravanned in separate vehicles in groups no larger than 3 Board Members to the development areas (Eastland Shopping Center, Lakes Office Development and Westfield Plaza). At specific development areas, staff will provide additional information and/or clarification, if necessary. Recommended Action Staff recommends that the Oversight Board to the Successor Agency of the West Covina Agency Redevelopment Agency receive and file the staff report and recess the regular meeting to tour properties owned by the former redevelopment agency at the Eastland Shopping Center (8451-012-907), Lakes Office development (8474- 011-942 & 943) and Westfield Plaza (8474-003-915, 918, 928, 929, 931, 932, 933, 934, 935, 939, & 940). At each of these locations, the meeting will reconvene for the purpose of receiving an overview of each property by Successor Agency staff and to address any questions from the members of the Oversight Board. The public will be invited to attend the meeting at each of these locations to observe the discussion/questions of the Oversight Board. After visiting each location, the Oversight Board will return to City Hall for purpose of concluding and adjourning this evening's meeting. VII. STUDY SESSION No Items VIII. BOARD MEMBERS' COMMENTS IX. CLOSED SESSION No Items X. 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 14 Agenda OB 752012 (2) revised AMAG