Redevelopment Agency

CITY OF HENDERSON REDEVELOPMENT AGENCY MINUTES REGULAR MEETING Monday, November 14, 2016 I. CALL TO ORDER Chairman Hafen called the Redevelopment Agency Meeting to order at 5:38 p.m., in the City Council Chambers, City Hall, 240 Water Street, Henderson, Nevada 89015. II. CONFIRMATION OF POSTING AND ROLL CALL The Secretary confirmed the Redevelopment Agency Meeting had been noticed in compliance with the Open Meeting Law by posting the Agenda three working days prior to the meeting at City Hall, the Multigenerational Center, the Whitney Ranch Recreation Center, Fire Station No. 86, the Nevada Public Notice Website, the City of Henderson Website, and by mailing a copy of the Agenda to everyone appearing thereon on the Agenda Master Mailing List. Present: Andy Hafen, Chairman Sam Bateman, Member Debra March, Member John F. Marz, Member Gerri Schroder, Member Absent: None Officers: Robert Murnane, Executive Director Josh Reid, General Counsel Sabrina Mercadante, Secretary Absent: None Staff: Richard Derrick, Chief Financial Officer Robert Herr, Director of Public Works, Parks & Recreation Stephanie Garcia-Vause, Community Dev. and Services Director Tedie Jackson, Council and Commission Services Reporter Jonathon Nunes, Sr. Deputy City Clerk Chairman Hafen announced that this meeting is being Video recorded and streamed live to the Web. Redevelopment Agency Meeting Page 2 of 4 Monday, November 14, 2016 – Minutes III. ACCEPTANCE OF AGENDA (Motion) Chairman Andy Hafen moved to accept the agenda as presented. The roll call vote favoring passage was: Those voting aye: Sam Bateman, Andy Hafen, Debra March, John F. Marz, and Gerri Schroder. Those voting nay: None. Those absent: None. Those abstaining: None. Chairman Hafen declared the motion carried. IV. ITEMS OF BUSINESS RDA-1 MINUTES REDEVELOPMENT AGENCY MEETING OF OCTOBER 18, 2016 REDEVELOPMENT City of Henderson Redevelopment Agency Meeting Minutes of October 18, 2016. (Motion) Member Debra March moved to adopt the Minutes of the October 18, 2016, City of Henderson Redevelopment Agency Meeting. The roll call vote favoring passage was: Those voting aye: Sam Bateman, Andy Hafen, Debra March, John F. Marz, and Gerri Schroder. Those voting nay: None. Those absent: None. Those abstaining: None. Chairman Hafen declared the motion carried. RDA-2 FIRST AMENDMENT AGREEMENT FOR DEVELOPMENT AND OPTION TO REPURCHASE AKTO, LLC CMTS NO. 19269 REDEVELOPMENT First Amendment to the Agreement for Development and Option to Repurchase dated December 4, 2015, by and between the City of Henderson Redevelopment Agency and AKTO, LLC, to extend the time period by one additional year for the developer’s performance of certain development covenants required as a condition to the prior sale of vacant land identified as Assessor’s Parcel Number 179-18-214-038, generally located at 130 Copper Street, Henderson, Nevada 89015, which were recorded pursuant to a Purchase and Sale Agreement and Joint Escrow Instructions between the same parties approved by the Redevelopment Agency on September 15, 2015. Redevelopment Agency Meeting Page 3 of 4 Monday, November 14, 2016 – Minutes Mark Hobaica, Redevelopment Manager, presented a summary of this item and noted the utility issues have been resolved. Josh Reid, General Counsel, noted the signature line should be changed from City Attorney to General Counsel. Member March commented that there have been delays on this project through no fault of the developer. (Motion) Member Debra March moved to approve the First Amendment to the Agreement for Development and Option to Repurchase dated December 4, 2015, by and between the City of Henderson Redevelopment Agency and AKTO, LLC, to extend the time period by one additional year for the developer’s performance of certain development covenants required as a condition to the prior sale of vacant land identified as Assessor’s Parcel Number 179-18-214-038, generally located at 130 Copper Street, Henderson, Nevada 89015, which were recorded pursuant to a Purchase and Sale Agreement and Joint Escrow Instructions between the same parties approved by the Redevelopment Agency on September 15, 2015. The roll call vote favoring passage was: Those voting aye: Sam Bateman, Andy Hafen, Debra March, John F. Marz, and Gerri Schroder. Those voting nay: None. Those absent: None. Those abstaining: None. Chairman Hafen declared the motion carried. RDA-3 REDEVELOPMENT AGENCY ANNUAL AUDIT FISCAL YEAR 2015-2016 REDEVELOPMENT Submission of Redevelopment Agency Annual Audited Financial Statements - Fiscal Year 2015-2016 and Required Communications Letter. Mark Hobaica, Redevelopment Manager, presented a summary of this item and reported there are no deficiencies or adjustments. The Redevelopment Agency is in good standing financially. Member March disclosed that the Redevelopment Agency’s auditor is her campaign accounting firm; however, there is no conflict and she will vote on this item. Member Schroder commended staff for working hard and receiving a clean audit. Redevelopment Agency Meeting Page 4 of 4 Monday, November 14, 2016 – Minutes (Motion) Chairman Andy Hafen moved to accept the Redevelopment Agency’s Fiscal Year 2015-2016 Audited Financial Statements. The roll call vote favoring passage was: Those voting aye: Sam Bateman, Andy Hafen, Debra March, John F. Marz, and Gerri Schroder. Those voting nay: None. Those absent: None. Those abstaining: None. Chairman Hafen declared the motion carried. V. CHAIRMAN\MEMBER COMMENTS Councilwoman March commented that tonight will be Councilman Bateman’s last Redevelopment Agency Meeting, and thanked him for his service. VI. PUBLIC COMMENT There were no comments presented by the public. VII. ADJOURNMENT There being no further business to come before the Redevelopment Agency, Chairman Hafen, in concurrence with the Redevelopment Agency, adjourned the Redevelopment Agency Meeting at 5:43 p.m. PASSED AND ADOPTED THIS 13th DAY OF DECEMBER, 2016. ______________________ Andy Hafen Chairman ATTEST: ______________________ Sabrina Mercadante, MMC Secretary