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HomeMy WebLinkAboutAGENDA - 10/17/2016 POSTED AGENDA ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY MONDAY, OCTOBER 17, 2016 — 1:30 P.M. ADMINISTRATIVE CONFERENCE ROOM- PALM DESERT CIVIC CENTER 73-510 FRED WARING DRIVE, PALM DESERT, CALIFORNIA 92260 This Oversight Board has been created pursuant to§34161 through 34190 of the Health and Safety Code for the sole purpose of overseeing the actions of the Successor Agency to the Palm Desert Redevelopment Agency. In accordance with Health and Safety Code § 34179(h), all Oversight Board actions shall not be effective for five (5) business days, pending a request for review by the State Department of Finance ("Department"). In the event that the Department requests a review of a given Oversight Board action, it shall have 40 days from the date of its request to approve the Oversight Board action or return it to the Oversight Board for reconsideration, and such Oversight Board action shall not be effective until approved by the Department. In the event that the Department returns the Oversight Board action to the Oversight Board for reconsideration, the Oversight Board shall resubmit the modified action for Department approval,and the modified Oversight Board action shall not become effective until approved by the Department. Reports and documents relating to each of the following items listed on the agenda, including those received following posting/distribution, are on file in the Office of the Secretary to the Successor Agency to the Palm Desert Redevelopment Agency/Palm Desert City Clerk and are available for public inspection during normal business hours, Monday - Friday, 8:00 a.m. - 5:00 p.m., 73510 Fred Waring Drive, Palm Desert, CA 92260, telephone (760) 346-0611. Please contact the Office of the Secretary of the Successor Agency to the Palm Desert Redevelopment Agency, 73510 Fred Waring Drive, Palm Desert, CA 92260, (760) 346-0611, for assistance with access to any of the Agenda, Materials, or participation at the meeting. I. CALL TO ORDER II. ROLL CALL III. ORAL COMMUNICATIONS A. Any person wishing to discuss any item not on the agenda may address the Oversight Board of the Successor Agency to the Palm Desert Redevelopment Agency at this point by giving his/her name and address for the record. Remarks shall be limited to a maximum of three (3) minutes unless the Oversight Board authorizes additional time. B. This is the time and place for any person who wishes to comment on agenda items. It should be noted that at the Oversight Board of the Successor Agency to the Palm Desert Redevelopment Agency's discretion,these comments may be deferred until such time on the agenda as the item is discussed. Remarks shall be limited to a maximum of three (3) minutes unless the Oversight Board authorizes additional time. POSTED AGENDA OCTOBER 17, 2016 ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY IV. APPROVAL OF MINUTES A. MINUTES of the September 26, 2016, Adjourned Regular Meeting of the Oversight Board of the Successor Agency to the Palm Desert Redevelopment Agency. Rec: Waive further reading and adopt Resolution No. OB - 151, approving Minutes of the September 26, 2016, Adjourned Regular Meeting of the Oversight Board of the Successor Agency to the Palm Desert Redevelopment Agency. Action: V. NEW BUSINESS A. ACTIONS/MINUTES OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY. Rec: Waive further reading and adopt Resolution No. OB - 152, receiving and filing Minutes of the Successor Agency to the Palm Desert Redevelopment Agency Meetings of August 25 and September 8, 2016. Action: B. REQUEST FOR APPROVAL OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY HOUSING AND NON-HOUSING TAX ALLOCATION REFUNDING BONDS, SERIES 2017, AND RELATED ACTIONS. Rec: Waive further reading and adopt Resolution Nos.: 1) OB - 153, approving the Successor Agency's issuance of Tax Allocation Refunding (Housing) Bonds and taking related actions; 2) OB - 154, approving the Successor Agency's issuance of Tax Allocation Refunding (Non-Housing) Bonds and taking related actions; 3) OB - 155, approving the use of moneys from Fiscal Year 2016-17 Redevelopment Property Tax Trust Fund ("RPTTF") disbursements for Refunding Bond Debt Service. Action: 2 POSTED AGENDA OCTOBER 17, 2016 ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY VI. CONTINUED BUSINESS A. MINUTES OF THE NOVEMBER 2, 2015, REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY (Continued from the meetings of January 25, April 4, August 1, and September 26, 2016). Rec: Waive further reading and adopt Resolution No. OB - 136, approving Minutes of the November 2, 2015, Regular Meeting of the Oversight Board of the Successor Agency to the Palm Desert Redevelopment Agency. Action: VII. OLD BUSINESS None VIII. REPORTS AND REMARKS A. CHAIR B. MEMBERS OF THE OVERSIGHT BOARD C. SUCCESSOR AGENCY EXECUTIVE DIRECTOR IX. ADJOURNMENT Next regular Oversight Board of the Successor Agency to the Palm Desert Redevelopment Agency Meeting scheduled to be held Monday, November 7, 2016, at 1:30 p.m. I hereby certify, under penalty of perjury under the laws of the State of California, that the foregoing agenda for the Oversight Board of the Successor Agency to the Palm Desert Redevelopment Agency was posted on the City Hall bulletin board not less than 72 hours prior to the meeting. Date this 11th day of October, 2016. R elle D. Klassen, S etary of the Successor Agency to the Palm Desert Redevelopment Agency 3