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OB - Minutes - 09-14-15 MINUTES 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 Allred and Jones ABSENT: Board Members Miller, Sotelo, and Redondo-Churchward STAFF PRESENT: Assistant City Manager/Acting Public Works Manager Hawkesworth, Public Works Manager Sullivan, Finance Director Chu, and Assistant to the City Clerk Hernandez 1. PUBLIC COMMENTS FROM THE AUDIENCE None 2. CONSENT CALENDAR A. Approval of Minutes • Minutes of June 8, 2015 ACTION: 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 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 3 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. B. Consideration of a Resolution Approving an Amended Long Range Property Management Plan On June 8, 2015, Resolution 2015-0006 was adopted by the Board amending the Success Agency's original Long Range Property Management Plan (LRPMP), identifying one parcel that is owned by the Successor Agency. The LRPMP was submitted to the Department of Finance for review; however, the Department of Finance rejected the plan and has requested some minor revisions. The revisions include amending the acquisition value and estimated current value from "Not Available" to "0." Additionally, the response to brownfeld site designation has been changed from "Not Reported" to "No." The DOF has reviewed the documents with the changes and has provided their pre-approval on the modifications Recommendation: That the Oversight Board approve Resolution 2015-0008 and direct Successor Agency staff to transmit a copy of the Resolution and Revision to the LRPMP to the State Department of Finance. ACTION: Board Member Jones moved, and Vice-Chair Lash seconded,to approve Resolution 2015-0008.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 2 013 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 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 Oversight Board approve Resolution 2015-0010. 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 business 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 Approved: l Pat Wallach Chair Rosemead Oversight Board Meeting Minutes of September 14,2015 Page 3 of 3