Loading...
Oversight Board - 12-04-2014 - Page 001OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE WEST COVINA REDEVELOPMENT AGENCY, AGENDA West Covina City Hall City Manager's Conference Room, Room 305 1444 West Garvey Avenue, West Covina, CA 91790 THURSDAY, DECEMBER 4, 2014 4:00 p.m. Carrie A. Sutkin, Chairperson Luzmaria Chavez, Board Member Robert R. Coghlan, Board Member Mike Gregoryk, Board Member Gerry Hertzberg, Board Member Mike Lee, Board Member David Stewart, 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 and at www.westcovina.ora. 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 five (5) minutes per speaker. All speakers shall observe decorum and order as specified in the Rules of Procedure of the Oversio t 1301213 Board to the Successor Agency of the West Covina Redevelopment AZERTIFY THAT A COPY OF AtETDA FOR THE MEETING OF Alt - r¢WAS POSTED IN ACCORDANCE WITH THE 01(87 BROWN ACT AMENDMENT DATED: /..}//// OFFICE OF THE CITY CLERK REGULAR MEETING AGENDA Thursday, December 4, 2014 4:00 p.m. I. CALL TO ORDER A. Roll Call Carrie A. Sutkin, Chairperson Luzmaria Chavez, Board member Robert R. Coghlan, Board Member Mike Gregoryk, Board member Gerry Hertzberg, Board Member Mike Lee, Board Member Dave Stewart, Board Member B. Pledge of Allegiance IL CHANGES TO THE 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. Comments are limited to five (5) minutes per speaker. IV. CONSENT CALENDAR All matters listed on the 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) Regular meeting minutes of May 1, 2014 Special meeting minutes of June 25, 2014 Special meeting minutes of July 3, 2014 Special meeting minutes of September 24, 2014 B. Department of Finance Correspondence It is recommended that the Oversight Board to the Successor Agency of the West Covina Redevelopment Agency receive and file this report. ACTION ON CONSENT CALENDAR Motion by second by to approve all items listed on the Consent Calendar as presented except West Covina Oversight Board Agenda Agenda 12.06.14 Page 12 V. BUSINESS ITEM(S) A. Request by Chairperson Sutkin to Change Date for Future Meetings Recommendation It is recommended that the Oversight Board to the Successor Agency of the West Covina Redevelopment Agency adopt the following resolution: RESOLUTION NO. OB- - A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE WEST COVINA REDEVELOPMENT AGENCY AMENDING RESOLUTION NO. OB-0002, CHANGING THE DATE OF OVERSIGHT BOARD MEETINGS B. Request by Board Member Lee to Incorporate an Annual Election Process for the Chairperson and Vice-Chairperson and Designate New Chairperson and Vice-Chairperson Recommendation It is recommended that the Oversight Board to the Successor Agency of the West Covina Redevelopment Agency adopt the following resolutions: RESOLUTION NO. OB- - A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE WEST COVINA REDEVELOPMENT AGENCY AMENDING RESOLUTION NO. OB.-0003 TO AMEND THE OVERSIGHT BOARD BYLAWS RESOLUTION NO. OB- - A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE WEST COVINA REDEVELOPMENT AGENCY AMENDING RESOLUTION NO. OB-0010, DESIGNATING A CHAIRPERSON, VICE-CHAIRPERSON AND IDENTIFYING ADDITIONAL OVERSIGHT BOARD MEMBERS AND PROVIDING NOTICE TO THE DEPARTMENT OF FINANCE ("DOF") AS REQUIRED BY HEALTH AND SAFETY CODE SECTION 34179 C. Request by Board Member Hertzberg to Define the Role of the Chairperson Recommendation It is recommended that the Oversight Board to the Successor Agency of the West Covina Redevelopment Agency adopt the following resolutions: RESOLUTION NO. OB- - A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE WEST COVINA REDEVELOPMENT AGENCY AMENDING RESOLUTION NO. OB-0004 TO AMEND THE OVERSIGHT BOARD RULES OF PROCEDURE West Covina Oversight Board Agenda Agenda 12.06.14 P a u e I 3 D. 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 It is recommended that the Oversight Board to the Successor Agency of the West Covina Redevelopment Agency adopt the following resolution: RESOLUTION NO. OB- - A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE WEST COVINA REDEVELOPMENT AGENCY APPROVING THE LOAN AGREEMENT CONCERNING LITIGATION FEES INCURRED FOR THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE PERIODS OF FEBRUARY 2012 TO JUNE 2012, JULY 2012 TO DECEMBER 2012, AND JANUARY 2014 TO JUNE 2014 WHICH EXCEEDED THE LITIGATION COSTS ESTIMATES FOR THOSE SAME PERIODS E. Loan Agreement Concerning Litigation Fees Incurred for the ROPS Periods of January 2013 to June 2013, July 2013 to December 2013, and January 2014 to June 2014 Which Exceeded the Litigation Cost Estimates for Those Same Periods, But Mischaracterized Under the Administrative Cost Allowance Recommendation It is recommended that the Oversight Board to the Successor Agency of the West Covina Redevelopment Agency adopt the following resolution: RESOLUTION NO. OB- - A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE WEST COVINA REDEVELOPMENT AGENCY APPROVING THE LOAN AGREEMENT CONCERNING LITIGATION FEES INCURRED FOR THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE PERIODS OF JANUARY 2013 TO JUNE 2013, JUNE 2013 TO DECEMBER 2013, AND JANUARY 2014 TO TUNE 2014 WHICH EXCEEDED THE LITIGATION COST ESTIMATES FOR THOSE SAME PERIODS AND MISCHARACTERIZED AS BEING PART OF THE ADMINISTRATIVE COST ALLOWANCE VI. BOARD MEMBERS' COMMENTS VII. ADJOURNMENT West Covina Oversight Board Agenda Agenda 12.06.14 Page 14 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 8:00 a.m. 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, City Manager, either in person in the City Manager's Office at 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 Agenda 12.06.14 Page 15