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OB - Agenda - 09-17-14Public Comment from the Audience • If you wish to address the Oversight Board, please complete a Speaker Request Card, as it must be handed to the City Clerk before the start of the meeting. • The Board will hear public comments on matters not listed on the agenda during the Public Comments from the Audience period. • Opportunity to address the Board (on non - agenda items) is limited to 3 minutes per speaker. • The Board will hearpublic comments on hems listed on the agenda during discussion of the matter and prior to a vote. Brown Act Pursuant to provisions of the Brown Act, no action may be taken on a matter unless it is listed on the agenda, or unless certain emergency or special circumstances exist. The Board may direct staff to investigate and /or schedule certain matters for consideration at a future Board meeting. Rules of Decorum Persons attending the meeting shall observe rules of propriety, decorum, good conduct, and refrain from impertinent or slanderous remarks. Violation of this rule shall result in such persons being barred from further audience before the governing body. Pursuant to Gov. Code Sect. 54954.3(c), any person who engages in unlawful interference shall be removed from chambers. Americans with Disabilities Act In compliance with the ADA, if you need special assistance to participate in this meeting, please contact the City Clerk's office at least 48 hours prior to the meeting to allow the City to make reasonable arrangements to ensure accessibility to the meeting or service. This agenda was posted 12 hours in advance of the meeting at the City Hall, 8838 E. Valley Boulevard, Rosemead; the L.A. County Library, Rosemead Branch, 8800 E. Valley Boulevard, Rosemead; and other locations pursuant to RMC Sec. 1.08.020. Any writings or documents provided to a majority of the Rosemead Oversight Board regarding any item on this agenda will be made available for public inspection in the City Clerk's office during normal business hours. Rosemead Oversight Board forthe Successor Agency to the Rosemead Community Development Commission MEETING AGENDA September 17, 2014 5:00 PM City Hall Council Chamber 8838 E. Valley Boulevard Rosemead, CA 91770 www.citvofrosemead.org Pat Wallach, Chair Nicole Lash, Vice -Chair Jeff Allred, Board Member Marty Jones, Board Member Robert Miller, Board Member Irene Redondo - Churchward, Board Member Dalila Sotelo, Board Member ROSEMEAD OVERSIGHT BOARD MEETING AGENDA September 17. 2014 Meeting Agenda • CALL TO ORDER -5:00 PM • PLEDGE OF ALLEGIANCE — Board Member Jones • ROLL CALL: • Chair Wallach, Vice -Chair Lash, Board Members Allred, Jones, Miller, Redondo - Churchward, Sotelo 1. PUBLIC COMMENTS FROM THE AUDIENCE The Oversight Board will receive public comments on matters not listed on the agenda. 2. CONSENT CALENDAR A. Minutes July 30, 2014 - Special Meeting 3. MATTERS FROM STAFF OF THE ROSEMEAD SUCCESSOR AGENCY A. ROPS Submittal — January through June 2015 The Department of Finance (DOF) requires the Recognized Obligation Payment Schedule (ROPS) for the January through June 2015 be submitted by October 3, 2014. As with every previous ROPS, they layout and format of the schedules has been modified, and the schedules may look slightly different. The ROPS document includes a summary page, a cash balance page, a schedule for the current ROPS period, a reconciliation page of prior ROPS periods, and a notes page. The Successor Agency under spent its allocation in the 2014 -158 period by $21,331 due to a lower than anticipated transfer to the Housing Corporation. This represents the only adjustments for the ROPS. Recommendation: That the Oversight Board approve the Oversight Board Resolution 2014 -0008, entitled: A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULES FOR THE PERIOD OF JANUARY 1, 2014 THROUGH JUNE 30, 2014 Page 2 of 3 ROSEMEAD OVERSIGHT BOARD MEETING AGENDA September 17. 2014 B. Long -Range Property Management Plan Upon receiving the Finding of Completion from the Department of Finance (DOF), Successor Agencies were required to develop and approve a Long -Range Property Management Plan for the disposal of assets. Since the Rosemead Successor Agency did not have any assets to dispose, the DOF originally stated that a Long -Range Property Management Plan was not required. Recently the DOF contacted the City to request that a Resolution be approved statin the fact that there are no reportable assets for the Long -Range Property Management Plan. Recommendation: That the Oversight Board approve the Oversight Board Resolution 2014 -0009, entitled: A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION APPROVING AND ADOPTING A LONG -RANGE PROPERTY MANAGEMENT PLAN PURSUANT TO HEALTH AND SAFETY CODE SECTION 34191.5 C. Designation of a Regular Meeting Schedule California Health and Safety Code Section 34179 requires the Oversight Board meetings to be subject to the Ralph M. Brown Act (Brown Act). As such, a regular meeting schedule needs to be approved. The current regular meeting is set for the third Wednesday of each month. It was requested that the Board revisit the regularly scheduled meeting date to determine if this is still the best day for everyone. Recommendation: That the Oversight Board approve the Oversight Board Resolution 2014 -0010, entitled: A RESOLUTION OF THE OVERSIGHT BOARD FOR THE SUCCESSOR AGENCY TO THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION ESTABLISHING A REGULAR MEETING SCHEDULE 4. ADJOURNMENT The next regular Rosemead Oversight Board meeting is to be determined. Page 3 of 3