Oversight Board of the Successor Agency to the Redevelopment Agency of the City of Long Beach

CITY OF LONG BEACH MONDAY, FEBRUARY 24, 2014 OVERSIGHT BOARD OF THE 333 W. OCEAN BOULEVARD SUCCESSOR AGENCY TO COUNCIL CHAMBER, 9:00 AM THE REDEVELOPMENT AGENCY OF THE CITY OF LONG BEACH MINUTES Carol R. Meyer, Member Richard R. Powers, Member Jane Netherton, Chair Teer L. Strickland, Member James Novak, Member Ellie Tolentino, Member Eloy Ortiz Oakley, Vice Chair FINISHED AGENDA & MINUTES SPECIAL MEETING CALL TO ORDER (9:02 PM) At 9:02 AM, Chair Netherton called the meeting to order. ROLL CALL (9:02 AM) Boardmembers Netherton, Oakley, Powers and Tolentino Present: Boardmembers Meyer, Novak and Strickland Absent: Also present: Amy Bodek, Director of Development Services; Richard Anthony, Deputy City Attorney; Megan Wiegelman, City Clerk Assistant. FLAG SALUTE (9:03 AM) Boardmember Tolentino led the flag salute. SUCCESSOR AGENCY STAFF COMMENTS (9:03 AM) Amy Bodek, Director of Development Services, spoke. PUBLIC COMMENT (9:04 AM) Gary Shelton spoke. Page 1 of 4 CITY OF LONG BEACH MONDAY, FEBRUARY 24, 2014 OVERSIGHT BOARD OF THE 333 W. OCEAN BOULEVARD SUCCESSOR AGENCY TO COUNCIL CHAMBER, 9:00 AM THE REDEVELOPMENT AGENCY OF THE CITY OF LONG BEACH MINUTES REGULAR AGENDA (9:05 AM) 1. 14-001OB Recommendation to receive and file Notice of Adjournments for the December 2, 2013, January 6, 2014, and February 3, 2014 Regular Meetings of the Oversight Board of the City of Long Beach, as the Successor Agency to the Redevelopment Agency of the City of Long Beach. A motion was made by Vice Chair Oakley, seconded by Boardmember Powers, to approve recommendation. The motion carried by the following vote: Yes: 4 - Netherton, Oakley, Powers and Tolentino Absent: 3 - Meyer, Novak and Strickland 2. 14-002OB Recommendation to approve the minutes for the Oversight Board of the City of Long Beach, as the Successor Agency to the Redevelopment Agency of the City of Long Beach Regular Meeting held Monday, November 4, 2013. A motion was made by Vice Chair Oakley, seconded by Boardmember Powers, to approve recommendation. The motion carried by the following vote: Yes: 4 - Netherton, Oakley, Powers and Tolentino Absent: 3 - Meyer, Novak and Strickland 3. 14-003OB Recommendation to adopt resolution approving the decision of the City of Long Beach, as the Successor Agency to the Redevelopment Agency of the City of Long Beach, to approve an amended repayment schedule for the amounts of Property Tax funds (formerly 20 Percent Tax Increment Set-Aside) the former Redevelopment Agency owes to the Low- and Moderate-Income Housing Fund. Amy Bodek, Director of Development Services, presented the staff report. Vice Chair Oakley spoke. Amy Bodek, Director of Development Services, spoke. Page 2 of 4 CITY OF LONG BEACH MONDAY, FEBRUARY 24, 2014 OVERSIGHT BOARD OF THE 333 W. OCEAN BOULEVARD SUCCESSOR AGENCY TO COUNCIL CHAMBER, 9:00 AM THE REDEVELOPMENT AGENCY OF THE CITY OF LONG BEACH MINUTES A motion was made by Boardmember Powers, seconded by Boardmember Tolentino, to approve recommendation and adopt Resolution No. O.B. 01-2014. The motion carried by the following vote: Yes: 4 - Netherton, Oakley, Powers and Tolentino Absent: 3 - Meyer, Novak and Strickland Enactment No: O.B. 01-2014 4. 14-004OB Recommendation to adopt resolution approving the decision of the City of Long Beach, as the Successor Agency to the Redevelopment Agency of the City of Long Beach, to approve the draft Recognized Obligation Payment Schedule 14-15A, for the period of July 1, 2014 through December 31, 2014. Amy Bodek, Director of Development Services, presented the staff report. Chair Netherton spoke. Amy Bodek, Director of Development Services, spoke. A dialogue ensued between Chair Netherton and Amy Bodek, Director of Development Services. Boardmember Tolentino spoke. Amy Bodek, Director of Development Services, spoke. A motion was made by Boardmember Powers, seconded by Boardmember Tolentino, to approve recommendation and adopt Resolution No. O.B. 02-2014. The motion carried by the following vote: Yes: 4 - Netherton, Oakley, Powers and Tolentino Absent: 3 - Meyer, Novak and Strickland Enactment No: O.B. 02-2014 COMMENTS FROM OVERSIGHT BOARDMEMBERS (9:16 AM) Page 3 of 4 CITY OF LONG BEACH MONDAY, FEBRUARY 24, 2014 OVERSIGHT BOARD OF THE 333 W. OCEAN BOULEVARD SUCCESSOR AGENCY TO COUNCIL CHAMBER, 9:00 AM THE REDEVELOPMENT AGENCY OF THE CITY OF LONG BEACH MINUTES Vice Chair Oakley spoke. Amy Bodek, Director of Development Services, spoke. ADJOURNMENT (9:18 AM) At 9:18 AM, there being no objection, Chair Netherton declared the meeting adjourned. mw Page 4 of 4