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HomeMy WebLinkAboutRes OB-156 (2)RESOLUTION NO. OB - 156 A RESOLUTION OF THE OVERSIGHT BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY, APPROVING OCTOBER 17, 2016, ADJOURNED REGULAR MEETING MINUTES RECITALS: A. Pursuant to Health and Safety Code Section 34179(3), all actions taken by the Oversight Board of the Successor Agency to the Palm Desert Redevelopment Agency (the "Oversight Board") shall be adopted by resolution. B. There has been presented to this Oversight Board for approval Minutes of its October 17, 2016, Adjourned Regular Meeting. NOW, THEREFORE, THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS: Section 1. The above recitals are true and correct and are a substantive part of this Resolution. Section 2. The Oversight Board hereby approves Minutes of the October 17, 2016, Adjourned Regular Meeting, which are made a part hereof and attached hereto as "Exhibit 'A'." Section 3. The staff of the Successor Agency is hereby directed to provide the State Department of Finance ("DOF") written notice and information regarding the action taken by the Oversight Board in Section 2 of this Resolution. Such notice and information shall be provided by electronic means and in a manner of DOF's choosing. Section 4. The officers of the Oversight Board and staff of the Successor Agency are hereby authorized and directed, jointly and severally, to do any and all things that they may deem necessary or advisable to effectuate this Resolution. PASSED, APPROVED, AND ADOPTED this day of , 2016. AYES: NOES: ABSENT: ABSTAIN: ROBERT A. SPIEGEL, CHAIR ATTEST: BY OVERSIGHT BOARD ON ' —J l---1 RACHELLE D. KLASSEN, SECRETARY 'VERIFIED B - OVERSIGHT BOARD OF THE SUCCESSOR AGENCY Original on file with City Clerks Office TO THE PALM DESERT REDEVELOPMENT AGENCY RESOLUTION NO. OB - 156 EXHIBIT A OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY MINUTES October 17, 2016, Adjourned Regular Meeting RESOLUTION NO. OB-156 DRAFT PRELIMINARY MINUTES DRAFT 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. I. CALL TO ORDER Chair Spiegel convened the meeting at 1:31 p.m. II. ROLL CALL Vice Chair Heather Buck (Palm Desert RDA former Employee) Member Wendy Jonathan (DSUSD, representing Riverside County Office of Education) Member Ed Pack (representing Coachella Valley Water District) Member Anna Rodriguez (representing Riverside County Board of Supervisors) Member Ken Stendell (representing Fourth District, Riverside County) Chair Robert A. Spiegel (Mayor, City of Palm Desert) Absent: Member Joel Kinnamon (COD, representing Chancellor of California Comm. Colleges) Also Present: Lauri Aylaian, Executive Director, Successor Agency -Palm Desert RDA William L. Strausz, Richards, Watson & Gershon, Successor Agency Counsel Rudy P. Acosta, Assistant City Manager Janet M. Moore, Finance Officer Ryan Stendell, Director of Community Development Martin Alvarez, Director of Economic Development David Hermann, Senior Management Analyst/P.I.O. Veronica Tapia, Management Analyst II Rachelle D. Klassen, Secretary, Successor Agency -Palm Desert RDA RESOLUTION NO. OB-156 PRELIMINARY MINUTES DRAFT ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY III. ORAL COMMUNICATIONS None IV. APPROVAL OF MINUTES OCTOBER 17, 2016 A. MINUTES of the September 26, 2016, Adjourned Regular Meeting of the Oversight Board of the Successor Agency to the Palm Desert Redevelopment Agency. Vice Chair Buck moved to 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. Motion was seconded by Member Pack and carried 6-0 (AYES: Buck, Jonathan, Pack, Rodriguez, Stendell, and Spiegel; NOES: None; ABSENT: Kinnamon). V. NEW BUSINESS A. ACTIONS/MINUTES OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY. Vice Chair Buck moved to 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. Motion was seconded by Member Jonathan and carried by a 6-0 vote (AYES: Buck, Jonathan, Pack, Rodriguez, Stendell, and Spiegel; NOES: None; ABSENT: Kinnamon). 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. Staff reviewed the printed report contained in the agenda packets and offered to answer questions. Member Jonathan moved to 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. Motion was seconded by Member Pack and carried by 6-0 vote (AYES: Buck, Jonathan, Pack, Rodriguez, Stendell, and Spiegel; NOES: None; ABSENT: Kinnamon). 2 RESOLUTION NO. OB-156 PRELIMINARY MINUTES DRAFT ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY VI. CONTINUED BUSINESS OCTOBER 17, 2016 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). Staff noted that two Oversight Board Members had changed since these Minutes were taken, and a quorum of four (4) Members needed to vote in favor to approve them. However, it would never be the same four who were present at the November 2 meeting. If those on the Board presently had read the Minutes and felt them to be in order, it would be appropriate to move and vote for their adoption. Vice Chair Buck moved to 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. Motion was seconded by Member Rodriguez and carried by 6-0 vote (AYES: Buck, Jonathan, Pack, Rodriguez, Stendell, and Spiegel; NOES: None; ABSENT: Kinnamon). VII. OLD BUSINESS None VIII. REPORTS AND REMARKS A. CHAIR None B. MEMBERS OF THE OVERSIGHT BOARD Members congratulated and welcomed new City Manager/Successor Agency Executive Director Lauri Aylaian to her first Oversight Board Meeting. C. SUCCESSOR AGENCY EXECUTIVE DIRECTOR Ms. Aylaian graciously acknowledged the welcome and said she was pleased to be here. 3 RESOLUTION NO. OB-156 PRELIMINARY MINUTES DRAFT ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY IX. ADJOURNMENT OCTOBER 17, 2016 Prior to adjournment, staff noted that there were not any items pending for a November 7 Regular Oversight Board Meeting, and it would likely be canceled. Subsequent meeting to follow was scheduled to be held Monday, December 5, 2016. With Oversight Board concurrence, Chair Spiegel adjourned the meeting at 1:37 p.m. ROBERT A. SPIEGEL, CHAIR ATTEST: RACHELLE D. KLASSEN, SECRETARY OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY 4