OB - Item 2A - Minutes 8-13-12Minutes of the
Oversight Board for the Successor Agency to the
Rosemead Community Development Commission Meeting
August 13, 2012
The regular meeting of the Oversight Board for the Successor Agency to the Rosemead Community
Development Commission was called to order by City Clerk Molleda at 5:09 p.m. in the Rosemead City
Council Chamber located at 8838 East Valley Boulevard, Rosemead, Califomia.�
PLEDGE OF ALLEGIANCE: Board Member Jones
PRESENT: Board Members Allred, Alvarez, Jones, Lash,
ABSENT: Board Member Miller
STAFF PRESENT: City Attorney Richman, Assistant Gt ager Havesworth, and
1. PUBLIC COMMENTS FROM THE AUDIENCE
The Oversight Board will rece lic comments on ;. f rs not listed on the agenda.
2. CONSENT CALENDAR
A. Minutes
July 18 2—
Board Member Irene Redo
to approve th Calen
Yes: All
No: None f
Abstain: on
sent: Miller
3. MATTERS FRO A �
L�
a p ion, seconded by Board Member Nicole Lash,
Redondo•Churchward, Wallach
THE ROSEMEAD SUCCESSOR AGENCY
Update
As part of completing the January through June 2013 ROPS, the Successor Agency staff
has developed the first six -month expenditure report for the prior period of January to June
2012. It is important to keep in mind that the Successor Agency became effective February
1, 2012 so there are some expenditures related to the former redevelopment agency in
January.
Rosemead Oversight Board Meeting
Minutes of August 13, 2012
Page 1 of 3
Recommendation: No action is required.
Assistant City Manager Matt Hawkesworth reviewed the staff report.
Board Member Nicole Lash made a motion, seconded by Board Member Irene Redondo - Churchward,
to receive and file the Expenditure Update for January through June 2012. Vote resulted in:
Yes: Allred, Alvarez, Jones, Lash, Redondo - Churchward,
No: None
Abstain: None
Absent: Miller
B. ROPS Submittal — January through June
On July 18, 2012 the Board approved th PS for
in order to ensure the due date of Sept" m 201
released a new template for the ROPS which r "
allows for a reconciliation of prior ROPS periods
increment is required to mee"te enforceable obligf
contained in the ROPS that w
three additional worksheets inl_28
The new MR� nt now inclutl; page. T ge provides a
is a
on July
I of Janua Tiormation June 2013
On Augusthe DOF
ial data a that
ne exactly how much tax
All of the enforceable obligations
din the same; however, there are
'a summary page, a notes page and a reconciliation
( al of all outstanding obligations, a summary of
mffry of the prior period of January through June
page. The notes page is provided so that
mments to the DOF in regards to specific items
is a reconciliation of the previous six month period of
Board approve Resolution No. 2012 -0009, entitled:
OF THE OVERSIGHT BOARD FOR THE
3ENCY TO THE ROSEMEAD COMMUNITY
COMMISSION APPROVING THE
)BLIGATION PAYMENT SCHEDULES FOR
JANUARY 1, 2013 THROUGH JUNE 30, 2013
Assistant City Manager Matt Hawkesworth reviewed the staff report.
Vice -Chair Raul Alvarez made a motion, seconded by Board Member Irene Redondo - Churchward, to
approve Resolution No. 2012 -0009 Vote resulted in:
Rosemead City Council Regular Meeting
Minutes of August 13, 2012
Page 2 of 3
Yes: Allred, Alvarez, Jones, Lash, Redondo - Churchward, Wallach
No: None
Abstain: None
Absent: Miller
4. ADJOURNMENT
The meeting adjourned at 5:38 p.m. The next regular Oversight Board meeting is scheduled to take place on
September 10, 2012 at 5:00 p.m.
ATTEST:
Matt Hawkesworth
Successor Agency Staff
Assistant City Manager
Rosemead City Council Regular Meeting
Minutes of August 13, 2012
Page 3 of 3