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2012/02/14 City Council Agenda (Special Meeting) Mission Statement "We Carefor Our Residents by Working Together to Build a Better Communitv for Todav and Tomorrow. " City of Rohnert Park + 130 A vram Avenue. Rohnert Park, California 94928 Phone: (707) 588-2225 + FAX: (707) 792-1876.WEB: www.rpcitv.ore: ROHNERT PARK CITY COUNCIL SPECIAL MEETING NOTICE AND AGENDA NOTICE IS HEREBY GIVEN that a SPECIAL MEETING of the ROHNERT PARK CITY COUNCIL will be held on Tuesday, February 14, 2012 at 4:00 p.m. MEETING LOCATION: CITY HALL - COUNCIL CHAMBER 130 Avram Avenue, Rohnert Park, California Said special meeting shall be for the purpose of the following: 4:00 p.m. 1. CITY COUNCIL SPECIAL MEETING - Call to OrderIRoll Call (Ahanotu _ Belforte _Callinan_Stafford _ Mackenzie ~ 2. WORK SESSION for REVIEW of REDEVELOPMENT AGENCY MATTERS I. Background II. Overview of Dissolution Process a. Role of Successor Agency i. Decision making authority/span of control ii. Liability iii. Staffing b. Oversight Board Selection and Role i. How are appointments made? ii. Decision making authority/span of control iii. Liability iv. Staffing v. Mayor's appointments c. County Auditor Role i. Decision making authority/span of control d. Department of Finance i. Decision making authority/span of control City of Rohnert Park SPECIAL MEETING Agenda - City Council e. Recognized Obligation Payment Schedule i. Criteria ii. Priority of payments f. Non-housing assets i. List of fixed assets ii. Disposition of assets iii. Overview of AB xl 26 related to assets g. Housing assets 1. Action to retain housing assets and functions 1. What does this action mean? 2. What is City's role? 3. What is Oversight Board's role? 4. List of fixed assets 5. Disposition of assets 6. Community Service Organizations' funding h. Bond Schedule. i. List of RDA bonds, balances, and annual payments ii. List of bonds with proceeds iii. Cash balances as of January 2012 1. Impacts to General Fund i. Successor Agency accounting format ii. Local Agency Investment Fund (LAIF) iii. Budget FY 2011/2012 1. Estimated impact to General Fund - FY 2011/12 2. How will City mitigate shortfalVloss of revenues? 3. What are the potential impacts to City Services? IV. Budget FY 2012/2013 and Beyond 1. Projected financial impact - ongoing 2. How will the City mitigate shortfall floss of revenues? 3. Departments assisting and evaluating services and costs III. Next Steps a. Non-Housing i. Successor Agency Adoption of initial ROPS 11. Gather relevant records/prepare for audit 111. Work with agencies/boards/special districts to facilitate Oversight Board appointments IV. Organize 1 st meeting of Oversight Board v. Notify Department of Finance (DOF) of Oversight Board appointments/Chair selection City of Rohnert Park SPECIAL MEETING Agenda - City Council b. Housing 1. Successor Agency Adoption of initial ROPS 11. Gather relevant records/prepare for audit 111. Work with agencies/boards/special districts to facilitate Oversight Board appointments IV. Organize 1st meeting of Oversight Board v. Notify Department of Finance (DOF) of Oversight Board appointments and chair selection IV. Redevelopment Legislation V. Action Items for Follow-up VI. Next Update a. City Council Meeting 2/28/12 3. PUBLIC COMMENTS For public comment only on items listed on this agenda (limited to three minutes per appearance with a 30 minute total time limit, or allocation of time based on number of speaker cards submitted). Please fill out a speaker card prior to speaking. 4. ADJOURNMENT of City Council Special Meeting DISABLED ACCOMMODATION: If you have a disability which requires an interpreter or other person to assist you while attending this City Council meeting, please contact the City Clerk's Office at (707) 588-2227 at least 72 hours prior to the meeting to ensure arrangements for accommodation by the City. Please notify the City Clerk's Office as soon as possible if you have a visual impairment requiring meeting materials to be produced in another format (Braille, audio-tape, etc.) CERTIFICATION OF POSTING OF AGENDA I; Carol Adams, Interim City Clerk for the City of Rohnert Park, declare that the foregoing agenda for the February 14, 2012, Special Meeting of the Rohnert Park City Council was posted and available for review on February 10,2012, at Rohnert Park City Hall, 130 Avram Avenue, Rohnert Park, California 94928. The agenda is also available on the City web site at www.rpcitv.orl!, E?1&~hnertpark' California. Carol Adams, Interim City Clerk 021412 AGENDA-SPECIAL MEETING OF THE CITY COUNCIL