Carson Reclamation Authority

CITY OF CARSON Tuesday, August 7, 2018 701 East Carson Street Helen Kawagoe Council Chambers 4:30 PM “In accordance with the Americans with Disabilities Act of 1990, if you require a disability related modification or accommodation to attend or participate in this meeting, including auxiliary aids or services, please call the City Clerk’s office at 310-952-1720 at least 48 hours prior to the meeting.” (Government Code Section 54954.2) CALL TO ORDER: CARSON RECLAMATION AUTHORITY ROLL CALL: CLOSED SESSION RECONVENE: OPEN SESSION REPORT ON CLOSED SESSION ACTIONS ORAL COMMUNICATIONS FOR MATTERS LISTED ON THE AGENDA (MEMBERS OF THE PUBLIC) The public may address the members of the Carson Reclamation Authority on any matters within the jurisdiction of the Carson Reclamation Authority. No action may be taken on non-agendized items except as authorized by law. Speakers are limited to no more than three minutes, speaking once. APPROVAL OF MINUTES: Item No. 1. 2018-593 APPROVAL OF THE JULY 3, 2018 CARSON RECLAMATION AUTHORITY SPECIAL MEETING MINUTES Recommendation: Approve the minutes as listed. Attachments: 2018 JULY 3 CRA Spec Mtg (minutes-unofficial) - js CITY OF CARSON Page 1 Printed on 8/3/2018 Carson Reclamation Authority Agenda TUESDAY, AUGUST 7, 2018 CONSENT: (Items 2-4) These items are considered to be routine items of business and have, therefore, been placed on the CONSENT CALENDAR. Any item or items may be removed for discussion. For items remaining on the CONSENT CALENDAR, a single motion to ADOPT the recommended action is in order. Item No. 2. 2018-576 CONSIDER MONTHLY INVESTMENT AND CASH REPORT FOR THE CARSON RECLAMATION AUTHORITY AS OF JUNE 30, 2018 Recommendation: RECEIVE and FILE. Attachments: cra 1 june 2018 Cra 2 june 2018 cra Rem june 2018 CRA rolling account june 2018 CRA distribution Item No. 3. 2018-467 CONSIDER AMENDMEN T NO. 3 TO THE AGREEMENT WITH SEG ADVISORS, LLC, TO CONTINUE TO PROVIDE PROJECT MANAGEMENT AND REAL ESTATE ADVISORY SERVICES TO THE AUTHORITY THROUGH JUNE 30, 2019 Recommendation: TAKE the following actions: 1. APPROVE Amendment No. 1 to the agreement between the Carson Reclamation Authority and SEG Advisors, LLC through June 30, 2019. 2. AUTHORIZE the Chairman to execute the amendment, after approval as to form by the Authority Counsel. Sponsors: Community Services Attachments: Exhibit No. 1 - Amendment No. 1 with SEG Advisors CITY OF CARSON Page 2 Printed on 8/3/2018 Carson Reclamation Authority Agenda TUESDAY, AUGUST 7, 2018 Item No. 4. 2018-334 RATIFY THE EXTENSION OF COVERAGE FOR THE PERIOD JUNE 1, 2018 THROUGH JULY 31, 2018 AND APPROVE PAYMENT FOR A BUILDER'S RISK POLICY THROUGH LEXINGTON INSURANCE COMPANY IN THE AMOUNT OF $4,530.48 FOR PREMIUMS, SURPLUS LINES TAXES, AND STAMPING FEES, AND A GENERAL LIABILITY POLICY THROUGH FIRST SPECIALTY INSURANCE COMPANY IN THE AMOUNT OF $4,322.02 FOR PREMIUMS, SURPLUS LINES TAXES, AND STAMPING FEES, PROCURED THROUGH JLT SPECIALTY INSURANCE SERVICES; AND, RATIFY THE EXTENSION OF COVERAGE FOR THE PERIOD AUGUST 1, 2018 THROUGH SEPTEMBER 30, 2018 AND APPROVE PAYMENT FOR A BUILDER'S RISK POLICY THROUGH LEXINGTON INSURANCE COMPANY IN THE AMOUNT OF $4,530.48 FOR PREMIUMS, SURPLUS LINES TAXES, AND STAMPING FEES, AND A GENERAL LIABILITY POLICY THROUGH FIRST SPECIALTY INSURANCE COMPANY IN THE AMOUNT OF $4,322.02 FOR PREMIUMS, SURPLUS LINES TAXES, AND STAMPING FEES, ALSO PROCURED THROUGH JLT SPECIALTY INSURANCE SERVICES CITY OF CARSON Page 3 Printed on 8/3/2018 Carson Reclamation Authority Agenda TUESDAY, AUGUST 7, 2018 Recommendation: 1. RATIFY THE EXTENSION OF COVERAGE FOR THE PERIOD JUNE 1, 2018 THROUGH JULY 31, 2018 AND APPROVE PAYMENT FOR A BUILDER'S RISK POLICY THROUGH LEXINGTON INSURANCE COMPANY IN THE AMOUNT OF $4,530.48 FOR PREMIUMS, SURPLUS LINES TAXES, AND STAMPING FEES, AND A GENERAL LIABILITY POLICY THROUGH FIRST SPECIALTY INSURANCE COMPANY IN THE AMOUNT OF $4,322.02 FOR PREMIUMS, SURPLUS LINES TAXES, AND STAMPING FEES, PROCURED THROUGH JLT SPECIALTY INSURANCE SERVICES; AND, 2. RATIFY THE EXTENSION OF COVERAGE FOR THE PERIOD AUGUST 1, 2018 THROUGH SEPTEMBER 30, 2018 AND APPROVE PAYMENT FOR A BUILDER'S RISK POLICY THROUGH LEXINGTON INSURANCE COMPANY IN THE AMOUNT OF $4,530.48 FOR PREMIUMS, SURPLUS LINES TAXES, AND STAMPING FEES, AND A GENERAL LIABILITY POLICY THROUGH FIRST SPECIALTY INSURANCE COMPANY IN THE AMOUNT OF $4,322.02 FOR PREMIUMS, SURPLUS LINES TAXES, AND STAMPING FEES, ALSO PROCURED THROUGH JLT SPECIALTY INSURANCE SERVICES 3. Authorize the Executive Director to execute all documents related to the policies Attachments: 17-18 Endorsement 10 Client Invoice for BR 17-18 Endorsement Client Invoice for GL SPECIAL ORDERS OF THE DAY: (None) Public testimony is restricted to three minutes per speaker, speaking once (excepting applicants who are afforded a right of rebuttal, if desired), unless extended by order of the Chair with the approval of the Authority Board. DISCUSSION: (None) ORDINANCE SECOND READING: (None) CITY OF CARSON Page 4 Printed on 8/3/2018 Carson Reclamation Authority Agenda TUESDAY, AUGUST 7, 2018 ORAL COMMUNICATIONS (MEMBERS OF THE PUBLIC) ORAL COMMUNICATIONS (AUTHORITY MEMBERS) ANNOUNCEMENT OF UNFINISHED OR CONTINUED CLOSED SESSION ITEMS (AS NECESSARY) RECESS TO CLOSED SESSION RECONVENE TO OPEN SESSION ADJOURNMENT CITY OF CARSON Page 5 Printed on 8/3/2018