HomeMy WebLinkAbout12/16/2013 - MINUTES - 2013 OVERSIGHT BOARD
FOR THE SUCCESSOR AGENCY TO THE
PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY
SPECIAL MEETING MINUTES
Monday, December 16, 2013
CALL TO ORDER: Chair Flavin called the meeting to order at 5:07 p.m.
ROLL CALL:
PRESENT: Board Members Foat, Ready, Van Horn, Vice Chair Howell, and
Chair Flavin.
ABSENT: Board Members Arthur and Marshall.
ALSO PRESENT: Clerk/Secretary Thompson, Douglas Holland, City of Palm Springs City
Attorney, John Raymond, City of Palm Springs Community and
Economic Development Director, and Geoffrey Kiehl, City of Palm
Springs Director of Finance.
PLEDGE OF ALLEGIANCE: Chair Flavin led the Pledge.
ACCEPTANCE OF THE AGENDA:
ACTION: Accept the Agenda as presented. Motion Board Member Foat, seconded by
Board Member Van Horn and unanimously carried (5-0), noting the absence of Board
Member Arthur and Board Member Marshall.
PUBLIC COMMENT: None.
1. CONSENT CALENDAR: None.
2. UNFINISHED BUSINESS:
2.A. APPROVE THE TRANSFER OF ASSETS TO THE SUCCESSOR AGENCY
TO COMPLY WITH THE STATE CONTROLLER'S OFFICE AUDIT
FINDINGS:
John Raymond, City of Palm Springs Community and Economic Development
Director, provided background information as outlined in the Board Report
dated December 16, 2013.
The Board discussed and/or commented on the following with respect to the
transfer of assets: requested City Staff address the final action of transferring
the properties, questioned if the City has exhausted its administrative remedies,
and the effect on the property for future law changes that allows parking lots as
a governmental use.
ACTION: 1) Adopt Resolution No. 016, "A RESOLUTION OF THE
OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM
SPRINGS COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE
TRANSFER OF ASSETS TO THE SUCCESSOR AGENCY TO COMPLY WITH
THE STATE CONTROLLER'S OFFICE FINDINGS;" and 2) Direct the Clerk of
the Successor Agency to cause the transfer of assets from the City to the
Successor Agency, and to provide such list to the State Controller's Office and
Oversight Board Minutes
Monday, December 16, 2013
Page 2
the California Department of Finance, and to post the Resolution to the City's
website. Motion Vice Chair Howell, seconded by Board Member Van Horn
and unanimously carried (4-1), on a roll call vote.
AYES: Board Members Ready, Van Horn, Vice Chair Howell, and
Chair Flavin.
NOES: Board Member Foat.
ABSENT: Board Members Arthur and Marshall.
3. NEW BUSINESS:
3.A. APPROVE A CASH LOAN FROM THE CITY OF PALM SPRINGS TO THE
SUCCESSOR AGENCY TO COMPLY WITH HEALTH AND SAFETY CODE
SECTION 34179.6(f), IN THE AMOUNT OF $1,500,000:
John Raymond, City of Palm Springs Community and Economic Development
Director, provided background information as outlined in the Board Report
dated December 16, 2013.
The Board discussed and/or commented on the following with respect to the
loan to the Agency: the background with respect to the State's disallowance of
the prior transaction.
ACTION: 1) Adopt Resolution No. 017, "A RESOLUTION OF THE
OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM
SPRINGS COMMUNITY REDEVELOPMENT AGENCY, APPROVING A CASH
LOAN FROM THE CITY OF PALM SPRINGS TO THE SUCCESSOR AGENCY
TO COMPLY WITH HEALTH AND SAFETY CODE SECTION 34179.6(f), IN
THE AMOUNT OF $1,500,000;" and 2) Direct the Clerk of the Successor
Agency to cause the execution of the Loan Agreement and direct the Director of
Finance to remit the required payment to the Riverside County Auditor-
Controller and provide notice of the payment to the State Controller's Office and
the State Department of Finance. Motion Board Member Foat, seconded by
Board Member Van Horn and unanimously carried (5-0), noting the
absence of Board Member Arthur and Board Member Marshall.
3.13. APPROVE A CASH FLOW LOAN IN THE AMOUNT OF $24,350 FROM THE
CITY OF PALM SPRINGS TO THE SUCCESSOR AGENCY, TO BE PLACED
ON THE NEXT RECOGNIZED OBLIGATIONS PAYMENT SCHEDULE
("ROPS") AS AN ENFORCEABLE OBLIGATION TO BE PAID FROM THE
REDEVELOPMENT PROPERTY TAX TRUST FUND ("RPTTF"), FOR THE
PURPOSE OF FUNDING THE INSPECTION AND REVIEW OF THE
PHYSICAL CONDITION OF THE PLAZA THEATRE, A SUCCESSOR
AGENCY-OWNED PROPERTY:
John Raymond, City of Palm Springs Community and Economic Development
Director, provided background information as outlined in the Board Report
dated December 16, 2013.
Oversight Board Minutes
Monday, December 16, 2013
Page 3
The Board discussed and/or commented on the future repairs and costs and
the status of the rental income.
ACTION: Adopt Resolution No. 018, "A RESOLUTION OF THE OVERSIGHT
BOARD OF THE SUCCESSOR AGENCY TO THE PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY, APPROVING A CASH LOAN
FROM THE CITY OF PALM SPRINGS TO THE SUCCESSOR AGENCY, TO
BE PLACED ON THE NEXT RECOGNIZED OBLIGATIONS PAYMENT
SCHEDULE ("ROPS") AS AN ENFORCEABLE OBLIGATION TO BE PAID
FROM THE REDEVELOPMENT PROPERTY TAX TRUST FUND ("RPTTF"),
FOR THE PURPOSE OF FUNDING AN INSPECTION AND REVIEW OF THE
PHYSICAL CONDITION OF THE PLAZA THEATRE, A SUCCESSOR
AGENCY-OWNED PROPERTY." Motion Vice Chair Howell, seconded by
Board Member Van Horn and unanimously carried (5-0), noting the
absence of Board Member Arthur and Board Member Marshall.
3.C. APPROVE THE LONG-RANGE PROPERTY MANAGEMENT PLAN:
John Raymond, City of Palm Springs Community and Economic Development
Director, provided background information as outlined in the Board Report
dated December 16, 2013.
The Board discussed and/or commented on the following with respect to the
property management plan: cost of current maintenance of properties and if the
costs are subsidized by the City's General Fund, the net of taxes being returned
to the Cal. Dept. of Finance, the consequences if the property does not
ultimately sell, liability for any accidents and insurance.
ACTION: Adopt Resolution No. 019, "A RESOLUTION OF THE OVERSIGHT
BOARD OF THE SUCCESSOR AGENCY, TO THE PALM SPRINGS
COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE LONG-
RANGE PROPERTY MANAGEMENT PLAN." Motion Board Member Foat,
seconded by Board Member Van Horn and unanimously carried (5-0),
noting the absence of Board Member Arthur and Board Member Marshall.
BOARD MEMBER ITEMS, REQUESTS AND COMMENTS: None.
ADJOURNMENT: The Oversight Board adjourned at 5:40 p.m. The Oversight Board will not
conduct a regular meeting until such time as needed for business pursuant to law.
Ames Thompson, Clerk/Secretary