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Oversight Board - 02-19-2015 - 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, FEBRUARY 19, 2015 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 Nickolas Lewis, Board Member Kelly McDonald, 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 31 -7 in City Hall, 1444 W. Garvey Avenue and at www.westcovina.orE,r. 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. lf 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 Oversight Board to the Successor Agency of the West Covina Redevelopment Agency. Cugast (Or Zcvlizo I CERN THAT A COPY OF THELQUNCIr AGENDA FOR THE MEETING OF2, iigh SWIG POSTED IN ACCORDIE TH TH BROWN ACT AMENDMENT OfF1n OF THE CITY CERK urp71)7_. 1.-4•• REGULAR MEETING • AGENDA Thursday, February 19, 2015 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 Nickolas Lewis, Board Member Kelly McDonald, Board Member B. Pledge of Allegiance II. 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 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. Consideration of the Recognized Obligation Payment Schedule "ROPS" and Successor Agency Administrative Budget Covering the Period of July 1, 2015 through December 31, 2015 Recommendation: It is recommended that the Oversight Board review and approve the following resolution approving the Recognized Obligation Payment Schedule "ROPS" and the Successor Agency Administrative Budget for the period of July 1, 2015 through December 31, 2015: RESOLUTION NO. OB-0032 — A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF TI-IE WEST COVINA REDEVELOPMENT: AGENCY APROVING THE RECOGNIZED 1,1 West Covina Oversight Board Agenda ,Agenda 02.19.15 Page 2 OBLIGATION PAYMENT SCHEDULE (ROPS") AND SUCCESSOR AGENCY ADMINISTRATIVE BUDGET PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 FOR THE PERIOD OF JULY 1, 2015 THROUGH DECEMBER 31, 2015 ACTION ON CONSENT CALENDAR Motion by second by to approve all items listed on the Consent Calendar as presented except V. BUSINESS ITEM(S) A. Election for the Chairperson and Vice-Chairperson and Designate New Chairperson and Vice-Chairperson Recommendation It is recommended that the Oversight Board adopt the following resolution: RESOLUTION NO. OB-0033 — 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 ("DOI') AS REQUIRED BY HEALTH AND SAFETY CODE SECTION 34179 B. Request by Board Member Hertzberg to Define the Role of the Chairperson Recommendation It is recommended tharthe Oversight Board adopt the following resolution: RESOLUTION NO. OB-0034 — 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 C. Request for Update from Board Member Sutkin Requesting an Update on Litigation with the Department of Finance Regarding City/Agency Loans Recommendation: It is recommended that the Oversight Board receive and file this report. West Covina Oversight Board Agenda Agenda 02.19.15 Page 13 VI. CLOSED SESSION CONFERENCE WITH LEGAL COUNSEL — EXISTING LITIGATION Pursuant to Government Code § 54956.9(d)(1) City of West Covina v. Hassen Imports Partnership, et al. Los Angeles Superior Court Case No. KC048157 In re Hassell Imports Partnership, Debtor, United States Bankruptcy Court Case No. 2:11-bk- 42068-ER in re Hassen Imports Partnership, Debtor, United States District Court Case No. 2:13-cv- 07532-CAS VII. REPORTING OUT FROM CLOSED SESSION VIII. BOARD MEMBERS' COMMENTS 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 Hail, 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 throughThursday. 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 02.19.15 Page 14