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 Redondo -Ch
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 CALEN
0
Board Member Jones moved, and Board Member Allred 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.
3. MATTERS FROM STAFF Of THE ROSEMEAD SUCCESSOR AGENCY
A. ROPS SU¢mittal — 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 3
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 -166 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.
I
ACTION:
Consideration of a Resolution Approving an
Management Plan
On June 8, 2015, Resolution 2015- 0006`was a
Agency's original Long Range Property Man6g
that is owned by the Successor Agency. The 'I
Finance for review; however, the Department of
some minor revisions. The revisions include ar
current value from "Not Availal
designation has been changed
documents with the changes and
the
the Oversi(
transmit a
Property
the Board amendina the Success
'Ian(LRPMP), identifying one parcel
was submitted to the Department of
rejected the plan and has requested
;the acquisition value and estimated
Iv, '
the - response to brownfield site
to "No" The DOF has reviewed the
approval on the modifications
Resolution 2015 -0008 and direct
of the Resolution and Revision to the LRPMP to
Board Member Jofres moved, and,Vice -Chair Lash seconded, to approve Resolution
20150008. The motion unanimously carried by the following roll call vote: AYES:
Allred, Jones, lash, Walllach. ABSENT: Miller, Sotelo, Redondo- Churchward,
C. ' Garvev Aven
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 alongBartlett 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 3
ACTION: Board Member Allred moved, and Vice -Chair Lash seconded, to approve Resolution
2015 -0009. 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 to 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;,Gity 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 approve Resolution 201
ACTION: Board Member Jones moved, and Vice -Chair Lash seconded, to approve Resolution
2015.0010. The motion unanimously carried by the following roll call vote: AYES:
Allred, Jones, Lash, Wallach, ABSENT: Miller, Sotelo, Redondo- Churchward.
4. ADJOURNMENT
There being no further bu'sidess to come before the Oversight Board, Chair Wallach adjourned the meeting at
6:01 p.m. The next regular Rosemead Oversight Board meeting is scheduled to take place on Monday,
October 12, 2015 at 5:30 p.m.
Ericka Hernandez
Successor Agency Staff
Assistant to the City Clerk
im
Pat Wallach
Chair
Rosemead Oversight Board Meeting
Minutes of September 14, 2015
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