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HomeMy WebLinkAbout1/26/2017 - MINUTES - 2017 OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING MINUTES Thursday, January 26, 2017 CALL TO ORDER: Interim City Clerk Hart called the special meeting to order at 4:32 p.m. ROLL CALL: PRESENT: Board Members Arthur, Foat, Marshall, and Ready. ABSENT: Vice Chair Van Horn and Chair Howell ALSO PRESENT: Interim Clerk/Secretary Hart; Suzanne Harrell, Finance Advisor; Geoff Kiehl, Director of Finance/Treasurer; and Legal Counsel Douglas Holland. PLEDGE OF ALLEGIANCE: Interim City Clerk Hart led the Pledge. ACCEPTANCE OF THE AGENDA: ACTION: Accept the Agenda as presented. By majority vote, Agenda was accepted. (4-0-2, Van Horn and Howell absent). SELECTION OF VICE CHAIR: Heidi Marshall was selected Vice Chair by a majority vote. (4-0-2, Van Horn and Howell absent) PUBLIC COMMENT: None. 1. CONSENT CALENDAR: None. 2. UNFINISHED BUSINESS: None. 3. NEW BUSINESS: 3.A. APPROVE A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY, APPROVING THE RECOGNIZED OBLIGATIONS PAYMENT SCHEDULE (ROPS17-18) AND AN ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2017, THROUGH JUNE 30, 2018, PURSUANT TO THE SECTION 34169(G)(1) OF CALIFORNIA HEALTH AND SAFETY CODE. ACTION: 1) Adopt Resolution No. 044, "A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY, APPROVING AN ADMINISTRATIVE EXPENSE BUDGET FOR THE PERIOD OF JULY 1, 2017 THROUGH JUNE 30, 2018, PURSUANT TO THE CALIFORNIA HEALTH AND SAFETY CODE," and 2) Adopt Resolution No. 045, "A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY, APPROVING THERECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS 17-18) FOR Oversight Board Minutes Thursday, January 26, 2017 Page 2 THE PERIOD OF JULY 1, 2017, THROUGH JUNE 30, 2018, PURSUANT TO THE CALIFORNIA HEALTH & SAFETY CODE." Motion by Board Member Ready, seconded by Board Member Foat and unanimously carried by roll call vote (4-0-2, Van Horn and Howell absent). 3.113. AUTHORIZING THE SUCCESSOR AGENCY TO ENTER INTO THAT CERTAIN AGREEMENT TO RE-ESTABLISH LOANS PURSUANT TO SECTION 34191.4 BY AND BETWEEN THE CITY OF PALM SPRINGS AND THE SUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY. ACTION: 1) Adopt Resolution No. 046, "A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY, FINDING THAT ORIGINAL LOANS WERE ENTERED INTO FOR LEGITIMATE REDEVELOPMENT PURPOSES AND AUTHORIZING THE SUCCESSOR AGENCY TO ENTER INTO THAT CERTAIN AGREEMENT TO RE- ESTABLISH LOANS PURSUANT TO SECTION 34191 .4 BY AND BETWEEN THE CITY OF PALM SPRINGS AND THE SUCCESSOR AGENCY TO THE PALM SPRINGS COMMUNITY REDEVELOPMENT AGENCY." Motion by Board Member Foat, seconded by Board Member Arthur and unanimously carried by roll call vote (4-0-2, Van Horn and Howell absent). BOARDMEMBER ITEMS, REQUESTS, AND COMMENTS: ADJOURNMENT: The Oversight Board adjourned at 4:46 p.m. The Board will not conduct a regular meeting until such time as needed for business pursuant to law. `LEWD_ Kathleen D. Hart, MMC Interim Clerk/Secretary Kathie Hart From: Suzanne Harrell <s.harrell@harrellco.com> Sent: Sunday, January 29, 2017 11:51 AM To: rda-sdsupport@sco.ca.gov; Elias, Pamela Cc: Kathie Hart Subject: RE: Palm Springs ROPS 17-18 Attachments: Palm Springs_ROPS17-18 with OB Approval.xlsx; Resolution 045 Approving ROPS.pdf Good morning. On behalf of the Palm Springs Successor Agency, attached please find the excel version of BOPS 17-18 together with Resolution No. 045 of the Oversight Board. Suzanne Harrell Harrell &Company Advisors 333 City Boulevard West, Suite 1430 Orange, CA 92868 714-939-1464 s.harrell@harrelico.com 1 Kathie Hart From: Redevelopment_Ad mi nistration@dof.ca.gov Sent: Sunday,January 29, 2017 11:49 AM To: Kathie Hart Cc: Geoffrey Kiehl; s.harrell@harrellco.com Subject: Palm Springs ROPS 17-18 Received Thank you for submitting your ROPS 17-18 through the Redevelopment Agency Dissolution Web Application (RAD App). A notification e-mail has been sent to Finance's Redevelopment Administration inbox. Finance will review the submitted ROPS documents for completion. The Agency will receive a separate e-mail notification if the ROPS is rejected. If rejected,the Agency will have to resubmit the required ROPS documents through the RAD App again. If your ROPS is accepted, a Finance analyst will contact you to request documentation and ask follow-up questions. Agencies must use the RAD App for ROPS submission. No other means of submission will be accepted. ROPS submitted through the RAD App will only be received by Finance. In accordance with HSC section 34177 (1) (2) (C), agencies should separately e-mail a copy of the Excel ROPS and OB resolution to the County Auditor-Controller and the State Controller's Office. A copy of the ROPS should also be posted on agency websites. Sincerely, Department of Finance Office of State Audits and Evaluations 1