20220315 Successor Agency Minutes (Special)MINUTES
VERNON SUCCESSOR AGENCY TO THE
REDEVELOPMENT AGENCY
SPECIAL MEETING
TUESDAY, MARCH 15, 2022
COUNCIL CHAMBER, 4305 SANTA FE AVENUE
CALL TO ORDER
Chair Ybarra called the meeting to order at 9:00 a.m.
FLAG SALUTE
Chair Ybarra led the Flag Salute.
ROLL CALL
PRESENT:
Melissa Ybarra, Chair
William Davis, Vice Chair
Leticia Lopez, Member
Crystal Larios, Member
Judith Merlo, Member
STAFF PRESENT:
Carlos Fandino, City Administrator
Zaynah Moussa, Interim City Attorney
Lisa Pope, City Clerk
Scott Williams, Finance Director
Abraham Alemu, Public Utilities General Manager
Michael Earl, Human Resources Director
Fredrick Agyin, Health and Environmental Control Director
Robert Sousa, Police Chief
Dan Wall, Public Works Director
APPROVAL OF THE AGENDA
MOTION
Member Lopez moved and Vice Chair Davis seconded a motion to approve the
agenda. The question was called and the motion carried unanimously.
PUBLIC COMMENT
None.
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March 15, 2022
CONSENT CALENDAR
MOTION
Member Lopez moved and Member Larios seconded a motion to approve the
Consent Calendar. The question was called and the motion carried unanimously.
The Consent Calendar consisted of the following item:
1. Approval of Minutes
Recommendation: Approve the February 1, 2022 Regular Successor Agency to
the Redevelopment Agency meeting minutes.
NEW BUSINESS
2. 2022 Tax Allocation Refunding Bonds
Recommendation: Adopt Resolution No. SA-28 authorizing the issuance and sale
of tax allocation refunding bonds in an amount not to exceed $27,000,000, and
approving the form of an indenture of trust, a form of escrow agreement, a form of
bond purchase agreement, a form of continuing disclosure agreement, and
authorizing certain other actions in connection therewith.
Finance Director Williams presented the staff report.
MOTION
Member Lopez moved and Member Merlo seconded a motion to adopt Resolution
No. SA-28 authorizing the issuance and sale of tax allocation refunding bonds in
an amount not to exceed $27,000,000, and approving the form of an indenture of
trust, a form of escrow agreement, a form of bond purchase agreement, a form of
continuing disclosure agreement, and authorizing certain other actions in
connection therewith. The question was called and the motion carried
unanimously.
ORAL REPORTS
Brief reports, announcements, or directives to staff.
None.
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ADJOURNMENT
Chair Ybarra adjourned the meeting at 9:07 a.m.
______________________________
LETICIA LOPEZ, Chair
ATTEST:
_____________________________________
LISA POPE, City Clerk
(seal)
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