HomeMy WebLinkAboutMinutes - May 3, 2012 - OBMINUTES OF THE AZUSA OVERSIGHT BOARD
OF THE SUCCESSOR AGENCY TO THE FORMER
REDEVELOPMENT AGENCY
May 3, 2012, 6:30 p.m.
A. PRELIMINARY BUSINESS
CALL TO ORDER — Chairman Robert Gonzales called the meeting to order.
BOARD MEMBERS PRESENT: Gonzales, Frick, Englund, Lowe, Paragas, Romero, Woods
BOARD MEMBERS ABSENT : None.
ALSO PRESENT CITY OF AZUSA STAFF
City Manager Makshanoff, Director of Economic and Community Development Christiansen, Assistant
Director of Economic and Community Development Me Namara, Senior Accountant Quintero, and
Assistant City Clerk Toscano.
Board Member Woods led in the Salute to the Flag.
B. PUBLIC COMMENT
1. Mr. Art Morales addressed the Board Members thanking them for serving on the Board, and expressing
his opinion regarding the legislators who are responsible for terminating Redevelopment, he spoke about
the funds and properties involved.
2. Ms. Peggy Martinez addressed the Board Members asking why a community resident was not selected
to be on the Oversight Board, and asked if it was a conflict of interest for Susan Paragas to be on the
Board because she is in the Finance Department doing some of the research for the Board.
C. The CONSENT CALENDAR consisting of Items C-1 through C-3, was approved by motion of Board
Member Woods, seconded by Board Member Romero, and unanimously carried with the exception of
item C-2, which was discussed and amended.
The minutes of the meeting of April 24, 2012 were approved as written.
2. A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE
REDEVELOPMENT AGENCY FOR THE CITY OF AZUSA, SETTING THE TIME AND PLACE
FOR HOLDING REGULAR OVERSIGHT BOARD MEETINGS. Resolution No. OB -01-12.
Board Member Lowe addressed the item asking where the rules of procedure were incorporated into the
resolution. Director of Economic and Community Development Christiansen responded stating that
they were approved at the last meeting, but not by resolution or ordinance. Director of Economic and
Community Development McNamara requested that the meeting date be moved to accommodate
noticing requirements. After discussion it was moved by Board Member Woods, seconded by Board
Member Paragas and unanimously carried that Section 3 of the resolution be amended to read:
"Oversight Board's regular meetings shall be held on the fourth Thursday of every month." Resolution
No. OB -01-12.
3. A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE
REDEVELOPMENT AGENCY FOR THE CITY OF AZUSA, DESIGNATING THE OVERSIGHT
BOARD CONTACT PURSUANT TO HEALTH AND SAFETY CODE SECTION 34179(h).
Resolution No. OB -02-12.
D. SCHEDULED ITEMS
1. Recognized Obligation Payment Schedules for the Periods from January 1, 2012 through June 30, 2012
and from July 1, 2012 through December 31, 2012.
The Oversight Board reviewed and discussed the Recognized Obligation Payment Schedule —
Consolidate Filed for the January 2012 to June 2012 period. Staff responded to questions posed
regarding the need for clarification and flagged items Nos. 7, 17, 37, and 2. The following was inserted
in Section 3 of the proposed resolution:
The "Total Outstanding Debt or Obligation" balances have been modified to reflect the current balances
of the obligations, not the total of the installments due for the life of the obligation. In Addition, the
following items need additional documentation to determine if they qualify as enforceable obligation: 1.
Merged Project Area — Line Item #17 Property Tax Consulting. 2. Ranch Project Area — Line Item 42
1990 APFA City Lease Loan.
Board Member Frick offered a Resolution, with flags added, entitled:
A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE
FORMER REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AND
ADOPTING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD FROM
JANUARY 1, 2012 THROUGH JUNE 30, 2012 PURSUANT TO AB 1X 26.
Moved by Board Member Frick, seconded by Board Member Woods and unanimously carried to adopt
Resolution No. OB -03-12.
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The Oversight Board reviewed the Recognized Obligation payment Schedule — Consolidate Filed for the
July 2012 to December 2012 period. Staff responded to and discussion was held regarding questions
posed on items Nos. 7, 15, 13, 15, 18, 19, 24, 25, 28, 29, of the Merged Central Business District West
End Project Area, and item #2 on Ranch Center Project Area. The following was inserted in Section 3 of
the proposed resolution:
The "Total Outstanding Debt or Obligation" balances have been modified to reflect the current balances
of the obligations, not the total of the installments due for the life of the obligation. In addition, the
following items need further documentation to determine if they qualify as enforceable obligations: 1.
Merged Project Area — Line 415 Property Tax Consulting. 2. Ranch Project Area — Line Item 42 1990
APFA City Lease Loan.
Board Member Romero offered a Resolution, with flags added, entitled:
A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE
FORMER REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AND
ADOPTING A RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD FROM
JULY 1, 2012 THROUGH DECEMBER 31, 2012 PURSUANT TO AB 1X 26.
Moved by Board Member Romero, seconded by Board Member Woods and unanimously carried to
adopt Resolution No. OB -04-12.
2. Successor Agency Administrative Budget
The Board discussed adjustments to the document, professional services, legal counsel, transfer of
property assets and payoffs of Light and Water loans, and revisions and calculations.
Board Member Woods offered a Resolution entitled:
A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE
FORMER REDEVELOPMENT AGENCY OF THE CITY OF AZUSA APPROVING AND ADOPTING
THE ADMINISTRATIVE BUDGET FOR THE PERIOD FROM JANUARY 1, 2012 THROUG14 JUNE
30, 2012 AND JULY 1, 2012 THROUGH DECEMBER 31, 2012 PURSUANT TO AB 1X 26.
Moved by Board Member Woods, seconded by Board Member Romero and unanimously carried to adopt
Resolution No. OB -05-12.
E. BOARD MEMBER COMMENTS
Board Member Lowe thanked staff for doing a great job.
Director of Economic and Community Development Christiansen responded to question posed during
public comment on the appointment of Board Members stating that the City was responsible for the
appointment of two members; the Mayor's appointment was Councilmember Gonzales, and an employee
of the former agency who was represented by a bargaining unit, Susan Paragas. Ms. Paragas was involved
in some of the documentation prior to this appointment but it was handed over to Henry Quintero, Senior
Accountant.
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F. ADJOURNMENT
Next meeting is scheduled for Thursday, May 24, 2012, at 6:30 p.m. in the Azusa Light and Water
Conference Room
Moved by Paragas, seconded by Englund and unanimously carried to adjourn.
TIME OF ADJQfJRNMENT: 7:54 p.m.
NEXT RESOLUTION NO. OB -06-12
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