OB - Item 2A - Minutes of January 25, 2016MINUTES OF THE
OVERSIGHT BOARD FOR THE SUCCESSOR
AGENCY TO THE ROSEMEAD COMMUNITY
DEVELOPMENT COMMISSION SPECIAL MEETING
January 25, 2016
The Special meeting of the Oversight Board for the Successor Agency to the Rosemead Community
Development Commission was called to order by Chair Wallach at 5:34 p.m. in the Rosemead City Council
Chamber located at 8838 East Valley Boulevard, Rosemead, California.
PLEDGE OF ALLEGIANCE: Board Member Allred
PRESENT: Chair Wallach, Board Members Allred, Jones, Sotelo
ABSENT: Board Members Miller and Russell- Chavez
STAFF PRESENT: Finance Director Chu and Assistant to
1. PUBLIC COMMENTS FROM THE
None
2. CONSENT CALENDAR
EM
of September 14, 20
of September 14, 2015.
14, 2014 -was deferred to the next Oversight Board meeting.
3. MATTERS FROM STAFF OF THE ROSEMEAD SUCCESSOR AGENCY
A. Confirmation9f Board Members and Selection of a Vice - Chairperson
The Board's former Vice - Chairperson, Nicole Lash, is no longer the appointee to the
Rosemead Oversight Board by Los Angeles County Superintendent of Education and has
been replaced by Joanne Russell - Chavez. Therefore, the Oversight Board needs to adopt a
resolution to confirm the names of all Board members and select a new Vice - Chairperson.
Recommendation: That the Oversight Board approve Resolution 2016 -0002 OB.
Rosemead Oversight Board Special Meeting
Minutes of January 25, 2016
Page 1 of 2
ITEM NO. 2.A
ACTION: Board Member Sotelo moved, and Board Member Redondo - Churchward seconded, to
approve the Oversight Board Resolution 2016.0002 and appoint Board Member Dalila
Sotelo as the Vice - Chairperson. The motion unanimously carried by the following roll
call vote: AYES: Allred, Jones, Sotelo, Redondo - Churchward, and Wallach. ABSENT:
Miller and Russell- Chavez.
A
ACTION:
ROPS Submittal — July 2016 through June 2017
The Department of Finance (DOF) requires the Recognized Obligation Payment Schedule
(ROPS) for the July 2016 through June 2017 be submitted February 1, 2016. As with
every previous ROPS, the layout and format of the schedules has been modified, and the
schedules may look slightly different. Also, this ROPS is for an entire fiscal year. Previous
ROPS have only been for a six month period.
the current ROPS period, and a notes
The ROPS document includes a summary, page, a cash balance page, a detail schedule for
Recommendation: That the Oversight
Board Member Redondo -Chu
approve the Oversight Board
by the following roll call vote:
Wallach. ABSENT: Miller and
4. ADJOURNMENT
The meeting adjournec
take place on Monday,
2 3
Pat Wallach
Chair
regular
30 p.m.
2016 -0001 OB.
moved, and Board Member Jones seconded, to
on 2016.0001. The motion unanimously carried
\Ilred, Jones, Sotelo, Redondo- Churchward, and
Oversight Board meeting is scheduled to
Ericka Hernandez
Successor Agency Staff
Assistant to the City Clerk
Rosemead Oversight Board Special Meeting
Minutes of January 25, 2016
Page 2 of 2