HomeMy WebLinkAbout01/21/2016 - Oversight BoardMINUTES OF THE REGULAR MEETING OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE COSTA MESA REDEVELOPMENT AGENCY
JANUARY 21, 2016
The Oversight Board of the Successor Agency to the Costa Mesa Redevelopment
Agency met in a Regular Meeting held on Thursday, January 21, 2016 at 2:00 p.m. in
Conference Room 1A of the Costa Mesa City Hall, 77 Fair Drive, Costa Mesa.
Chair James Righeimer called the meeting to order at 2:00 p.m.
ROLL CALL
Members Present: James Righeimer, Chair
Jeff Trader, Vice Chair
Dan Baker, Board Member
Rick Francis, Board Member
Tom Hatch, Board Member
Members Absent: Andy Dunn, Board Member
Gary Monahan, Board Member
Officials Present: Gary Armstrong, Economic & Development Services Director
Stephen Dunivent, Interim Finance Director
Colleen O'Donoghue, Assistance Finance Director
Celeste Brady, Successor Agency Special Counsel
CLERK'S STATEMENT
The Agenda for the January 21, 2016 Oversight Board meeting was posted at City Hall,
the City Council Chambers and the website on January 15, 2016.
PUBLIC COMMENTS — None
PRESENTATIONS — None
MINUTES Minutes of September 17, 2015
MOTION/SECOND: Member Baker/Member Francis
The motion carried by the following roll call vote:
Ayes: Member Baker, Member Francis, Member Hatch, Vice Chair Trader, and Chair
Righeimer
Nays: None
Absent: Member Dunn, and Member Monahan
Abstain: None
Motion Carried 5-0
ACTION: The Oversight Board adopted the minutes of September 17, 2015.
Minutes — January 21, 2016 - Page 1 of 2
NEW BUSINESS
1. OVERSIGHT BOARD REVIEW AND APPROVAL OF RECOGNIZED
OBLIGATION PAYMENT SCHEDULE 16-17 A -B FOR THE ANNUAL FISCAL
PERIOD OF JULY 1, 2016 TO JUNE 30, 2017
Staff report presented by Interim Finance Director, Stephen Dunivent.
Celeste Brady, Successor Agency Special Counsel, provided a brief summary on
State Legislation SB 107 as it relates to this item.
MOTION/SECOND: Member Hatch/Member Baker
The motion carried by the following roll call vote:
Ayes: Member Baker, Member Francis, Member Hatch, Vice Chair Trader, and
Chair Righeimer
Nays: None
Absent: Member Dunn, and Member Monahan
Abstain: None
Motion Carried 5-0
Adopt Oversight Board Resolution No. 16-01 Approving Recognized Obligation
Payment Schedule 16-17 A -B for the Fiscal Period of July 1, 2016 to June 30,
2017, Including the FY 16-17 Administrative Budget Included therewith, Subject to
Submittal to, and Review by the DOF pursuant to California Health and Safety
Code, Division 24, Part 1.85; Authorizing the Posting and Transmittal Thereof; and
Authorizing the Assistant Finance Director, in Consultation with Legal Counsel, to
Request and Complete Meet and Confer Session(s) with the DOF and Make
Augmentations, Modifications, Additions or Revisions as May Be Necessary or
Directed by DOF
CHAIR AND BOARD MEMBERS' COMMENTS AND SUGGESTIONS - None
ADJOURNMENT - Meeting adjourned at 2:07 p.m.
Minutes adopted on th' y 6f January, 2017.
'
Jame i e , C air
Over ight lard of the Successor Agency to the Costa Mesa Redevelopment Agency
ATTEST:
Brenda Gree , Secretary
Oversight Board of the Successor Agency to the Costa Mesa Redevelopment Agency
Minutes — January 21, 2016 - Page 2 of 2