The URL can be used to link to this page

Home My WebLink About00 AGENDA 09 APR 2012 POSTED AGENDA ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY MONDAY, APRIL 9, 2012 – 1:30 P.M. ADMINISTRATIVE CONFERENCE ROOM – PALM DESERT CIVIC CENTER 73510 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 three 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 10 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, 73410 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 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 APRIL 9, 2012 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 MARCH 14, 2012, SPECIAL MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY. Action: Approve as presented. V. NEW BUSINESS A. ACTIONS/MINUTES OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY. Rec: Receive and file Minutes of the Successor Agency to the Palm Desert Redevelopment Agency Meeting of March 8 and Preliminary of March 22, 2012. Action: B. REQUEST FOR APPROVAL OF THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE SECOND SIX-MONTH PERIOD, JULY 1, 2012, THROUGH DECEMBER 31, 2012, PURSUANT TO HEALTH AND SAFETY CODE SECTION 34177 (ROPS2). Rec: Approve the Recognized Obligation Payment Schedule for the second six-month period of July 1, 2012, through December 31, 2012 (ROPS2). Action: C. RESOLUTION NO. SA-RDA 005 A RESOLUTION OF THE SUCCESSOR AGENCY TO THE PALM DESERT - REDEVELOPMENT AGENCY, AUTHORIZING THE INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND (LAIF) OF THE STATE OF CALIFORNIA, AND TAKING CERTAIN ACTIONS IN CONNECTION THEREWITH. Rec: Approve as presented. Action: 2 POSTED AGENDA APRIL 9, 2012 ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY D. PALM DESERT STATEMENT OF INVESTMENT POLICY, AS AMENDED. Rec: Receive and file. Action: E. CONTRACT NO. C27540A - WITH WHITE NELSON DIEHL EVANS LLP TO PERFORM A SPECIAL AUDIT OF THE PALM DESERT REDEVELOPMENT AGENCY AND PALM DESERT HOUSING AUTHORITY FOR THE PERIOD ENDED JANUARY 31, 2012. Rec: Approve as presented. Action: F. SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY CONFLICT OF INTEREST CODE PURSUANT TO THE POLITICAL REFORM ACT. GOVERNMENT CODE SECTIONS 81000, ET SEQ. Rec: Receive and file. Action: G. REQUEST FOR APPROVAL OF THE ADMINISTRATIVE BUDGETS FOR THE PERIODS OF JANUARY 31, 2012, THROUGH JUNE 30, 2012; AND FOR JULY 1, 2012, THROUGH DECEMBER 31, 2012. Rec: Approve the Administrative Budgets as required under AB 1X 26 for the periods of January 1, 2012, through June 30, 2012; and July 1, 2012, through December 31, 2012. Action: H. REQUEST FOR APPROVAL OF REPAYMENT SCHEDULE TO THE PALM DESERT HOUSING AUTHORITY FOR THE OUTSTANDING LOAN FROM THE LOW AND MODERATE INCOME HOUSING FUND FOR THE 2009-2010 SUPPLEMENTAL EDUCATIONAL REVENUE AUGMENTATION FUND (SERAF) PAYMENT. Rec: Approve the repayment schedule to the Palm Desert Housing Authority for the loan from the Low and Moderate Income Housing Fund for the 2009-2010 SERAF Payment. Action: 3 POSTED AGENDA APRIL 9, 2012 ADJOURNED REGULAR MEETING OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO THE PALM DESERT REDEVELOPMENT AGENCY VI. CONTINUED BUSINESS A. REQUEST FOR APPROVAL OF THE UNCERTIFIED RECOGNIZED OBLIGATION PAYMENT SCHEDULE (ROPS) (CONTINUED FROM THE MEETING OF MARCH 14, 2012). Rec: Approve the uncertified ROPS as presented. Action: VII. OLD BUSINESS None VIII. REPORTS AND REMARKS A. CHAIR B. MEMBERS OF THE OVERSIGHT BOARD IX. ADJOURNMENT 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. Dated rd this 3 day of April, 2012. ___________________________________ Rachelle D. Klassen, Secretary of the Successor Agency to the Palm Desert Redevelopment Agency 4