OB - Item 2A - Minutes of September 14, 2015MINUTES OF THE
OVERSIGHT BOARD FOR THE SUCCESSOR
AGENCY TO THE ROSEMEAD COMMUNITY
DEVELOPMENT COMMISSION MEETING
September 14, 2015
The regular meeting of the Oversight Board for the Successor Agency to the Rosemead Community
Development Commission was called to order by Chair Wallach at 5:45 p.m. in the Rosemead City Council
Chamber located at 8838 East Valley Boulevard, Rosemead, California.
PLEDGE OF ALLEGIANCE: Chair Wallach
PRESENT: Chair Wallach, Vice -Chair Lash, Board Members
ABSENT: Board Members Miller, Sotelo, and
STAFF PRESENT: Assistant City Manager /Acting
Manager Sullivan, Finance Director Chu, and Assistant to the City Clerk Hernandez
1. PUBLIC COMMENTS FROM THE
None
2. CONSENT
13
ACTION Board Member Allred moved, and Board Member Jones seconded, to approve the
minutes. Themotion unanimously carried by the following roll call vote: AYES: Allred,
Jones, Lash, Wallach. ABSENT: Miller, Sotelo, Redondo - Churchward.
3. MATTERS FROM STAFF OF'THE ROSEMEAD SUCCESSOR AGENCY
A. ROPS Submittal — January through June 2016
The Department of Finance (DOF) requires the Recognized Obligation Payment Schedule
(ROPS) for the January through June 2016 be submitted by October 5, 2015. As with every
previous ROPS, the 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. As the
Rosemead Oversight Board Meeting
Minutes of September 14, 2015
Page 1 of 1
ITEM NO. 2.A
Board may note in Column H of the "Report of Cash Balances" worksheet, the Successor
Agency underspent its allocation in the 2015 -16B period by $28,589 due to lower than
anticipated administration costs as well as lower than anticipated transfer to the Housing
Corporation. The document represents the only adjustments for the ROPS.
Recommendation: That the Oversight Board approve Resolution 2015 -0007.
ACTION: Vice -Chair Lash moved, and Board Member Allred seconded, to approve the Oversight
Board Resolution 2015 -0007. The motion unanimously carried by the following roll call
vote: AYES: Allred, Jones, Lash, Wallach. ABSENT: Miller, Sotelo, Redondo -
Churchward.
Consideration of a Resolution Approving an
Management Plan
On June 8, 2015, Resolution 20
Agency's original Long Range P
that is owned by the Successor
Finance for review; however, the
some minor revisions. The revisi
current value from "Not Availa
designation has been changed'
documents with the changes and
Property
201
Agency's
adopted by the Board amendingsthe Success
roperty Management Plan,(LRPMP), identifying one parcel
Agency. The'LRPMP was submitted to the Department of
Department of Finance rejected the plan and has requested
ons include amending the acquisition value and estimated
ble ", to, "0." Additionally, the, response to brownfield site
from "No t= Reported" to "No." The DOF has reviewed the
has provided their pre- approval on the modifications
the Oversight Board approve Resolution 2015 -0008 and direct
transmit a copv of the Resolution and Revision to the LRPMP to
the
ACTION: Board. Member Sotelo moved, and Chair Wallach seconded, to approve the minutes.
The motion unanimously carried by the following roll call vote: AYES: Allred, Jones,
Lash, Wallach. ABSENT: Miller, Sotelo, Redondo- Churchward.
C. Garvey Avenue Sewer Relief Line Project
Included in the,July 2010 bond issuance by the former Redevelopment Agency was a project
to expand the,sewer capacity along Garvey Avenue. This project will construct a sewer relief
line along Bartlett Avenue, between Garvey Avenue and Klingerman Street. This relief line
will accept substantial flow from Garvey Avenue, increasing the overall sewer capacity along
Garvey Avenue. The City Council awarded a construction contract to Sully - Miller Contracting
Co. on August 11, 2015 for the sewer construction and street rehabilitation work. The value
of the sewer work, which is included in the bond proceeds, is $750,000 plus $112,500 (15 %)
in contingencies, for a total of $862,500.
Recommendation: That the Oversight Board approve Resolution 2015 -0009.
Rosemead Oversight Board Meeting
Minutes of September 14, 2015
Page 2 of 2
ACTION: Board Member Sotelo moved, and Chair Wallach seconded, to approve the minutes.
The motion unanimously carried by the following roll call vote: AYES: Allred, Jones,
Lash, Wallach. ABSENT: Miller, Sotelo, Redondo - Churchward.
D. Rosemead Park Skate Plaza Project
Included in the July 2010 bond issuance by the former Redevelopment Agency was a project
to complete a number of improvements and upgrades t facilities at Rosemead Park,
including the basketball courts, turf, landscape, and other amenities. Additionally, over the
past year, the City Council has directed staff to pursue the development of a skateboard
plaza at Rosemead Park utilizing remaining bond funds. The City Council has previously
approved a contract for design, the actual design of the facility, and a contract for the
construction of the plaza. Staff is bringing this entire project for to the Oversight Board for
review and anticipates that construction could begin as early as November.,
Recommendation: That the Oversiaht Board aoDrove Resolution 201
ACTION: Board Member Sotelo me
The motion unanimously
Lash, Wallach. ABSENT:
4. ADJOURNMENT
There being no further business to
6:01 p.m. The next regular Rosem
October 12, 2015 at 5:30
us
Pat Wallach
Chair
and Chair Wallach!seconded, to approve the minutes.
ied by the following roll call vote: AYES: Allred, Jones,
er,Soteto, Redondo- Churchwerd.
the Oversight Board, Chair Wallach adjourned the meeting at
Board meeting is scheduled to take place on Monday,
Ericka Hernandez
Successor Agency Staff
Assistant to the City Clerk
Rosemead Oversight Board Meeting
Minutes of September 14, 2015
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