2012/10/03 Successor Agency Oversight Board Minutes %OH,+IIRf rAA;
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MINUTES OF THE SPECIAL MEETING
OVERSIGHT BOARD
TO THE SUCCESSOR AGENCY CITY OF ROHNERT PARK
Wednesday,October 3,2012
Rohnert Park City Hall,Council Chambers
130 Avram Avenue, Rohnert Park,California
1. CALL TO ORDER
The special meeting of the Oversight Board to the Successor Agency City of Rohnert Park was called to
order by Chair Shirlee Zane at 2:38 p.m.on October 3,2012 in the Council Chambers, Rohnert Park City
Hall, 130 Avram Avenue,Rohnert Park,California.
Present: Shirlee Zane,Chair Absent: Jake Mackenzie,Vice Chair
Linda Babonis, Board Member Denise Calvert,Board Member
Darrin Jenkins, Board Member
Kate Jolley, Board Member
Mike Thompson,Board Member
Staff present:City Manager Gabriel Gonzalez;Clerk of the Board Eydie Tacata; Finance Director Cathy
411111 Orme; Oversight Board Counsel Betsy Strauss
2. PUBLIC COMMENTS
There were no comments from the public.
3. APPROVAL OF MINUTES
Chair Zane announced the item.
ACTION: Moved/seconded(Babonis/Jenkins)and carried(5-0 vote, 2 absent)to approve minutes of
the meeting of July 27,2012.
4. MEEETING ITEMS
A. Public Comments on the Due Diligence Review of the Low and Moderate Income Housing
Fund
Chair Zane announced the item. City Manager Gonzalez gave the staff report and introduced Finance
Director Cathy Orme to answer questions regarding the Due Diligence Review entitled"Independent
Accountants' Report on Applying Agreed-Upon Procedures pursuant to AB 1484 - Low and
Moderate Income Housing Fund"
There were no public comments.
There was general discussion among the Board members,Oversight Board Counsel and Successor
Agency staff about providing a detailed listing or description of the assets on the Due Diligence
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Review; the process going forward after the submittal of the Due Diligence Review; and possible
usage of bond proceeds depending on Department of Finance determinations.
Oversight Board— Minutes of Special Meeting(Page 2 of 2) October 3,2012
• Successor Agency City of Rohnert Park
5. NEW MATTERS FOR FUTURE CONSIERATION
There were no new matters.
6. PUBLIC COMMENT ON NON-AGENDA ITEMS
There were no comments from the public.
7. ADJOURNMENT
ACTION: The Board members concurred to adjourn the mee ..m.
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Eydie Tacata, Clerk of the Board Shirlee Zane, Cha'
Successor Agency City of Rohnert Park Oversight Board is Successor Agency of
Rohnert Park
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