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2014-09-30 Oversight Board Minutes (Adjourned Regular)MINUTES OF THE ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF VERNON HELD TUESDAY, SEPTEMBER 30, 2014, IN THE COUNCIL CHAMBER OF THE CITY HALL LOCATED AT 4305 SANTA FE AVENUE, VERNON, CALIFORNIA MEMBERS PRESENT: Jonathan S. Fuhrman, William J. Davis, Steven Reyes (partial), David Vela, and Mary Gallagher MEMBERS ABSENT: W. Michael McCormick and Marlene Dunn (not sworn in) The meeting was called to order at 4:04 p.m. by Vice Chairperson Fuhrman, the meeting is dedicated in remembrance of Honorable Michael A. Ybarra, 1952-2014; Member Davis led the flag salute. CHANGES TO THE AGENDA Legal Counsel Gustavo Lamanna confirmed 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. INTRODUCTION ITEMS 1. Introduction of newly appointed Board Member Marlene Dunn who is replacing Alex Cherniss as the representative for the Los Angeles County Office of Education. Deputy City Clerk to administer the Oath of Office. The introduction item was deferred as newly appointed Board Member Marlene Dunn was not in attendance. MINUTES – TO BE RECEIVED AN FILED 2. Minutes of the Regular Meeting of the Oversight Board of the Successor Agency to the Redevelopment Agency of the City of Vernon held February 6, 2014. 3. Minutes of the Regular Meeting of the Oversight Board of the Successor Agency to the Redevelopment Agency of the City of Vernon held March 6, 2014. It was moved by Vela and seconded by Davis to approve the minutes of the February 6th and March 6th meetings. Motion carried, 4-0, Member Reyes had not yet entered the meeting. ACTION ITEMS 4. Revisions to the Board’s Conflict of Interest Code, and authorization of the incorporation of said recommended Code into a Master City of Vernon Conflict of Interest Code. Recommendation: (1) Find that the proposed actions do not constitute a “project” pursuant to section 15378(b)(2) of the Guidelines to the California Environmental Quality Act (“CEQA”), because they constitute administrative activities; and even if the directives did constitute a project, it would be exempt from CEQA in accordance with Section 15061(b)(3), the general rule that CEQA only applies to projects that may have an effect on the environment; and (2) Review the Board’s existing Conflict of Interest Code (“Code”), and either (a) submit proposed revisions to the City Council or (b) recommend that no revisions Oversight Board Adjourned Regular Meeting Minutes September 30, 2014 Page 2 of 3 be made. It is further recommended that the Commission direct its Chairperson to document said decision by filing the “2014 Local Agency Biennial Notice” with the Office of the City Clerk; and (3) Recommend that the City Council incorporate the Commission’s Code, with any recommended revisions, into one city-wide Master Conflict of Interest Code. Deputy City Clerk Ana Barcia reported on the recommendation. Barcia confirmed for Vice Chairperson Fuhrman the disclosure requirements. It was moved by Fuhrman and seconded by Vela to approve the recommended revisions to the Conflict of Interest Code and incorporate said revisions into a Master City of Vernon Code. Motion carried, 4-0. Member Reyes had not yet entered the meeting. 5. Resolution No. OB-36 – A Resolution of the Oversight Board of the Successor Agency to the Redevelopment Agency of the City of Vernon adopting, approving, and ratifying the Recognized Obligation Payment Schedule for the period January 1, 2015 through June 30, 2015, and approving certain related actions pursuant to California Health & Safety Code Sections 34177(l), 34177(m) and 34180(g). Legal Counsel Gustavo Lamanna provided the oral report on the proposed approval. Lamanna clarified, that as part of the recommendation staff is seeking authority to modify and make minor non-substantive adjustments to the Recognized Obligation Payment Schedule (“ROPS”) if necessary. Successor Agency Staff Alex Kung further reported on the ROPS. It was moved by Gallagher and seconded by Davis to approve Resolution No. OB-36 with the authority to staff to make appropriate changes as necessary. Motion carried, 4-0. Member Reyes had not yet entered the meeting. ORAL REPORTS Agendized items were addressed out of order. 7. Announcement on the transition of summary Minutes to “action” Minutes effective July 1, 2014. Member Reyes entered the meeting. Deputy City Clerk Ana Barcia announced the new minute format. DISCUSSION ITEM AND POSSIBLE DIRECTIVES TO STAFF 6. Further direction to Successor Agency Staff regarding the winding down of affairs pursuant to AB26 and bond pay off with available funds. Legal Counsel Gustavo Lamanna reported on the sale and disposition of the Angelus Can property, the receipt of funds and on the County’s refunding program. In response to Vice Chairperson Fuhrman, Lamanna reported on the bonds. Finance Director William Fox further reported on the interest rates and maturity dates. Lamanna noted the disposition of the Austin Trucking property pursuant to the long-range property management plan. The Board had previously requested an appraisal of the property before moving forward; however, the Department of Finance did not approve the expenditure and therefore the appraisal was not conducted. In response to Member Vela, Lamanna explained that the disposition of the property to the City of Vernon would be limited to governmental use. Oversight Board Adjourned Regular Meeting Minutes September 30, 2014 Page 3 of 3 In further response to Member Vela, Successor Agency Staff Alex Kung explained the need to retain a Vernon Fire Station at said location. Vice Chairperson Fuhrman expressed his concerns regarding the property’s value. Both Vice Chairperson Fuhrman and Member Vela had concerns on the use of the property and sought assurance that the City of Vernon will not sell the property, and that it will remain for governmental use. Lamanna advised that staff will provide the grant deed at the next meeting which addresses the Boards concerns. ORAL REPORTS (continued) 8. Brief reports on activities, other brief announcements, and directives to staff. Legal Counsel Gustavo Lamanna advised that the November meeting is to be cancelled. The next meeting will be held on December 4, 2014. Board members confirmed their availability. Vice Chairperson Fuhrman inquired on the status of the $13 million transfer to the City of Vernon. In response, Lamanna reported on the previous communications. With no further business, at 4:36 p.m., Chairperson McCormick adjourned the meeting. ________________________ W. Michael McCormick Chairperson ATTEST: _________________________ Ana Barcia Secretary