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2013-07-11 OB MinutesMINUTES OF THE SPECIAL MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF VERNON HELD THURSDAY, JULY 11, 2013, IN CONFERENCE ROOM NO. 1, SECOND FLOOR, CITY HALL LOCATED AT 4305 SANTA FE AVENUE, VERNON, CALIFORNIA MEMBERS PRESENT: Jonathan S. Fuhrman, Mary Gallagher, Alex Cherniss, Steven Reyes, and David Vela MEMBERS ABSENT: W. Michael McCormick and William J. Davis, The meeting was called to order at 4:22 p.m. by Vice Chairperson Fuhrman. Legal Counsel Gustavo Lamanna announced that there are no changes to the agenda. PUBLIC COMMENT Vice Chairperson Fuhrman announced that this was the time allotted for public comment and inquired whether anyone in the audience wished to address the Board. No one responded. CONSENT CALENDAR It was moved by Member Cherniss and seconded by Member Reyes to approve the matters listed on the Consent Calendar as recommended. Motion carried, 5-0. 1. Minutes of the Regular Meeting of the Oversight Board of the Successor Agency to the Redevelopment Agency of the City of Vernon held June 6, 2013, to be received and filed. ACTION ITEMS 1. Resolution No. OB-21 - A Resolution of the Oversight Board of the Successor Agency to the Redevelopment Agency of the City of Vernon approving the Long-Range Property Management Plan which includes, among other things, the disposition of 4900 Pacific Boulevard to GBD Properties under a Purchase and Sale Contract, and the Governmental Use Disposition Of 4528 Bandini Boulevard. Legal Counsel Gustavo Lamanna recalled that the Long-Range Property Management Plan (“Plan”) was presented during the Board’s June 6, 2013, meeting. Lamanna reported on additions to the Plan, such as the grant deed for the disposition of the Bandini Boulevard property. The old grant deed is also included, as well as the approval of the disposition of the 4900 Pacific Boulevard property by the Successor Agency. He advised that Consultant James Rabe of Keyser Marston Associates is present to address any questions. Hearing no questions or comments, it was moved by Member Gallagher and seconded by Member Cherniss to approve Resolution No. OB-21. Motion carried, 5-0. Special Oversight Board Meeting Minutes July 11, 2013 Page 2 of 2 ORAL REPORTS 1. Update on Angelus Can Disposition. Legal Counsel Gustavo Lamanna reported that the Successor Agency completed its obligations concerning disclosure. GBD Properties has requested time to review the documentation. A conference call is scheduled for July 12, 2013, for a status update with the brokers. Successor Agency Staff Alex Kung reported that Angelus Can should be vacating the property by July 12, 2013. The walk- though conducted earlier this day revealed that 90% of the property has been vacated. It was confirmed for Vice Chairperson Fuhrman, that the Successor Agency takes possession of the property until the transaction with GBD Properties is complete. Lamanna clarified that the conclusion of the process depends on the timeliness of the state’s approval of the long-range property management plan. Member Vela advised that the state is expediting many of the government subsidized properties; however, this is not the case in Vernon. Lamanna reported on a case filed by the League of Cities finding AB1494 unconstitutional; the judge did not agree and decided in favor of the state. 2. Brief reports on activities, other brief announcements, and directives to staff. In response to Vice Chairperson Fuhrman, Legal Counsel Gustavo Lamanna advised that the only item anticipated for the next agenda, August 1, 2013, is the Recognized Obligation Payment Schedule (“ROPS”). He noted that there will be a new ROPS template issued by the state. The next meeting thereafter is September 5, 2013. It was moved by Member Gallagher and seconded by Member Vela to direct staff to cancel the August 1, 2013, meeting. All were in favor. In response to Member Vela, Lamanna advised that the new ROPS form will be an online format to help facilitate the information. With no further business, at 4:34 p.m., it was moved by Member Vela and seconded by Member Cherniss to adjourn the meeting. Motion carried, 5-0. ________________________ W. Michael McCormick Chairperson ATTEST: _________________________ Dana Reed Interim Secretary