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Oversight Board - 01-18-2018 - Page 001a . OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE WEST COVINA REDEVELOPMENT AGENCY REGULAR MEETING AGENDA West Covina City Hall City Hall Council Chambers 1444 West Garvey Avenue, West Covina, CA 91790 THURSDAY, JANUARY 18, 2018 4:00 p.m. Carrie A. Sutkin, Chairperson Luzmaria Chavez, Board Member Mike Gregoryk, Board Member Kelly McDonald, Board Member Jessica Shewmaker, Board Member Dave Stewart, Board Member Fredrick Sykes, 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 South 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 five (5) minutes per speaker. All speakers shall observe decorum and order as specified in the Rules of Procedure of the Oversight.3 0,,A.,sig-* Board to the Successor Agency of the West Covina Redevelopment [ORES/THAT A COPY OF THE GOLAIGI6 AGENDA FOR THE MEETING OF / / /%"/ I TWAS POSTED IN ACCORDANCE WITH 11-IE 01187 BROWN ACT AMENDMENT REGULAR MEETING AGENDA Thursday, January 18, 2018 4:00 p.m. I. CALL TO ORDER A. Roll Call Carrie A. Sutkin, Chairperson Luzmaria Chavez, Board member Mike Gregoryk, Board Member Kelly McDonald, Board Member Jessica Shewmaker, Board Member Dave Stewart, Board Member Fredrick Sykes, Board Member B. Pledge of Allegiance CHANGES TO THE AGENDA HI. 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) Recommendation It is recommended that the Oversight Board to the Successor Agency of the Former West Covina Redevelopment Agency receive and file the following Oversight Board Meeting Minutes: December 4, 2014 Regular Oversight Board Meeting Minutes February 17, 2015 Regular Oversight Board Meeting Minutes March 19, 2015 Regular Oversight Board Meeting Minutes September 24, 2015 Special Oversight Board Meeting Minutes November 11,2015 Special Oversight Board Meeting Minutes November 23, 2015 Special Oversight Board Meeting Minutes West Covina Oversight Board Agenda Agenda 01.18.18 Page 12 January 21, 2016 Regular Oversight Board Meeting Minutes March 17, 2016 Regular Oversight Board Meeting Minutes June 16, 2016 Regular Oversight Board Meeting Minutes September 22, 2016 Special Oversight Board Meeting Minutes October 6, 2016 Special Oversight Board Meeting Minutes January 19, 2017 Regular Oversight Board Meeting Minutes June 22, 2017 Special Oversight Board Meeting Minutes Update Regarding: Long Range Property Management Plan: Disposition of Successor Agency Assets #30-32 (APNS: 8735-002-906, 8735-002-909, and 8735-002-910) Recommendation It is recommended that the Oversight Board to the Successor Agency of the Former West Covina Redevelopment Agency receive and file the report. C. Update Regarding: Long Range Property Management Plan (LRPMP) — Disposition of Agency Assets #28 and #29 (APNS: 8735-001-933, 8735- 001-934) Recommendation It is recommended that the Oversight Board to the Successor Agency of the Former West Covina Redevelopment Agency receive and file the report. D. Approval and Transmittal of an Administrative Budget and a Recognized Obligation Payment Schedule ("ROPS") Pursuant to Health and Safety Code Section 34179.7(0)(1), for the Period of July 1, 2018 through June 30, 2019 for the Successor Agency to the Former West Covina Redevelopment Agency Recommendation It is recommended that the Oversight Board to the Successor Agency of the Former West Covina Redevelopment Agency adopt the following resolution: RESOLUTION NO. OB-0056 — A RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY TO THE FORMER WEST COVINA REDEVELOPMENT AGENCY, APPROVING AND AUTHORIZING THE TRANSMITTAL OF AN ADMINISTRATIVE BUDGET AND A RECOGNIZED OBLIGATION PAYMENT SCHEDULE ("ROPS") FOR THE PERIOD OF JULY 1, 2018 THROUGH JUNE 30, 2019 V. BOARD MEMBERS' COMMENTS VI. ADJOURNMENT West Covina Oversight Board Agenda Agenda 01.18.18 Page 13 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 Paulina Morales, Economic Development & Housing Manager, either in person in the Community Economic Development Division Office at West Covina City Hall, 1444 West Garvey Avenue, West Covina, CA 91790, or by calling via telephone at (626) 939-8417 during regular business hours. West Covina Oversight Board Agenda Agenda 01.18.18 Page 14