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2013/04/10 Successor Agency Oversight Board Minutes ?ONNER7 PAR, MINUTES OF THE REGULAR MEETING OVERSIGHT BOARD TO THE SUCCESSOR AGENCY CITY OF ROHNERT PARK Wednesday,April 10, 2013 Rohnert Park City Hall, Council Chambers 130 Avram Avenue,Rohnert Park, California 1. CALL TO ORDER The regular meeting of the Oversight Board to the Successor Agency City of Rohnert Park was called to order by Chair Shirlee Zane at 2:04 PM on April 10, 2013 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 Orme; Oversight Board Counsel Betsy Strauss(via telephone) 2. PUBLIC COMMENTS There were no comments from the public. 3. APPROVAL OF MINUTES Chair Zane announced the item. ACTION: Moved/seconded (Calvert/Jenkins) and carried 6-0-I(Mackenzie absent) to approve minutes of the meeting of February 27, 2013. 4. MEETING ITEMS A. Election of Officers Chair Zane announced the item. ACTION: Moved/seconded (Jenkins/Thompson) to nominate Shirlee Zane as Chair and Jake Mackenzie as Vice-Chair. The motion carried 6-0-I (Mackenzie absent)to elect Shirlee Zane as Chair and Jake Mackenzie as Vice-Chair and approve OSB 2013-03 A Resolution of the Oversight Board to the Successor Agency City of Rohnert Park Affirming Selection of Officers B. Consideration of Extension of Legal Services Agreement with Betsy Strauss Chair Zane announced the item Oversight Board— Minutes of Special Meeting(Page 2 of 2) April 10,2013 Successor Agency City of Rohnert Park 41111 ACTION: Moved/seconded (Jenkins/Bahonis) and carried 6-0-1(Mackenzie absent)to provide direction to City Manager Gonzalez to seek from the City of Rohnert Park,acting in its capacity as the Successor Agency, approval of the First Amendment to the Legal Services Agreement with Betsy Strauss for the Successor Agency's Oversight Board. C. Department of Finance Review of the Due Diligence All Other Funds of the Successor Agency Chair Zane announced the item. Finance Manager Orme gave the staff report. There was discussion among the Board members, staff and Oversight Board legal counsel about legal challenges by successor agencies over Department of Finance (DOF)rejections of certain actions by Oversight Boards regarding agreements; interest on and disposition of loans between the former Community Development Commission and the City of Rohnert Park; potential implications for lands purchased and improvements through such loans; and status of DOF determination on housing assets. 5. NEW MATTERS FOR FUTURE CONSIDERATION There were no new matters. 0 6. PUBLIC COMMENT ON NON-AGENDA ITEMS There were no comments from the public. 7. ADJOURNMENT ACTION: The Board members concurred to adjourn the me-e . 'M. Al iiiro ,.../7 ---.-- P•Mmilidi Eydie Tacata, Clerk of the Board Shirlee Zane'fir Successor Agency City of Rohnert Park Oversight : lard for e Successor Agency of Rohnert Pa k IP