HomeMy WebLinkAbout01/26/16 OB AGENDA SPECIALSPECIAL MEETING OF THE OVERSIGHT BOARD
TO THE SUCCESSOR AGENCY
OF THE DISSOLVED BAKERSFIELD REDEVELOPMENT AGENCY
AGENDA
Tuesday, January 26, 2016
10:00 a.m.
City Hall North - Conference Room A
1600 Truxtun Avenue
Bakersfield, CA 93301
1. ROLL CALL
2. PUBLIC STATEMENTS
3. NEW BUSINESS
a. Minutes of the September 10, 2015 special meeting.
b. Recognized Obligation Payment Schedule and administrative budget (ROPS 16 -17) for
the period July 1, 2016 through June 30, 2017.
4. BOARD COMMENTS
5. ADJOURNMENT
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OVERSIGHT BOARD TO THE SUCCESSOR AGENCY
OF THE DISSOLVED BAKERSFIELD REDEVELOPMENT AGENCY
AGENDA REPORT
MEETING DATE: January 26, 2016 AGENDA ITEM: 3.a
TO: Members of the Oversight Board
FROM: Successor Agency Staff
SUBJECT: Minutes of the September 10, 2015 special meeting
RECOMMENDATION: Staff recommends approval of the minutes.
BACKGROUND:
&OVERSIGHT BOARD OF SUCCESSOR AGENCYNgenda Repods'Agenda Report MINUTES.dom
1113/2016 3:41 PM
OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF THE
DISSOLVED BAKERSFIELD REDEVELOPMENT AGENCY
MINUTES
MEETING OF SEPTEMBER 10, 2015
Conference Room A, City Hall North, 1600 Truxtun Avenue
Special Meeting 10:00 a.m.
SPECIAL MEETING -10:00 a.m. ACTION TAKEN
1. ROLL CALL
Present: Chairperson Bentley, Board Members
Jay, Quiring, Tandy, Teglia
Absent: Board Members Burke, Burrow
2. PUBLIC STATEMENTS
None.
3. NEW BUSINESS
a. Minutes of the February 18, 2015 special
meeting.
Motion by Board Member Jay, seconded by APPROVED
Board Member Quiring, for approval of the AB BURKE, BURROW
minutes.
b. Resolution approving the Settlement RES 06002 -15
Agreements and Mutual Releases between the
Successor Agency and various Kern County
School Districts, the Kern County
Superintendent of Schools, and the Kern
Community College District regarding AB 1290
Pass - Through Underpayments of the former
Bakersfield Redevelopment Agency.
Deputy City Attorney Rudnick made comments
and recommended approval of the Resolution.
Motion by Board Member Quiring, seconded APPROVED
by Board Member Jay, to adopt the AB BURKE, BURROW
Resolution.
C. State Audit Report of Successor Agency
Property Transfers.
Finance Director Smith made staff comments.
Motion by Board Member Tandy, seconded by APPROVED
Board Member Quitting, to receive and rile the AS BURKE. BURROW
report.
4.
Bakersfield, California, September 10, 2015 - Page 2
NEW BUSINESS continued ACTION TAKEN
d. Resolution approving an Amended Long- RES 08003 -15
Range Property Management Plan pursuant
to Health and Safety Code Section 34191.5.
Deputy City Clerk Obert announced a staff
memorandum was received transmitting a
corrected page for Exhibit A of the Resolution.
Deputy City Attorney Rudnick made staff
comments and recommended approval of the
Resolution.
Finance Director Smith and Deputy City
Attorney Rudnick responded to Board Member
questions.
Motion by Board Member Teglia, seconded APPROVED
by Board Member Jay, to adopt the Resolution. AS BURKE, BURROW
e. Recognized Obligation Payment Schedule RES OB004 -15
)ROPS 15 -16 B) and administrative budget
for the period January 1, 2016 through June 30,
2016.
Finance Director Smith made staff comments.
Motion by Board Member Quiring, seconded APPROVED
by Board Member Jay, to adopt the Resolution AS BURKE, BURROW
approving the Recognized Obligation
Payment Schedule for the period from
January 1, 2016 through June 30, 2016.
BOARD COMMENTS
Board Member Tandy stated R the State adheres to
their current schedule, there should only be one more
semi- annual meeting before all Oversight Boards are
aggregated Into one Board.
Bakersfield, California, September 10, 2015 — Page 3
5. ADJOURNMENT
Chair Person Bentley adjourned the meeting at
10:24 a.m.
CHAIR of the Oversight Board to the
Successor Agency
ATTEST:
Acting SECRETARY
ACTION TAKEN
OVERSIGHT BOARD TO THE SUCCESSOR AGENCY
OF THE DISSOLVED BAKERSFIELD REDEVELOPMENT AGENCY
AGENDA REPORT
MEETING DATE: January 26, 2016 AGENDA ITEM: 3.b.
TO: Members of the Oversight Board
FROM: Successor Agency Staff
SUBJECT: Recognized Obligation Payment Schedule (ROPS FY 16 -17) and administrative
budget for the period from July 1, 2016 through June 30, 2017.
Staff recommends adoption of a Resolution of the Oversight Board to the Successor Agency of
the dissolved Bakersfield Redevelopment Agency approving the Recognized Obligation
Payment Schedule (ROPS FY 16 -17) and administrative budget for the period July 1, 2016
through June 30, 2017.
BACKGROUND:
State law AB 26 requires the Oversight Board to review and approve a Recognized Obligation
Payment Schedule (ROPS) looking forward for each fiscal year. The adopted ROPS is then
reviewed by the Department of Finance (DOF), the State Controllers' Office (SCO) and the
Kern County Auditor Controllers Office.
Once the DOF approves the ROPS, the document then becomes the basis for County
disbursements of funds to the Successor Agency to make debt service payments and pay
other enforceable obligations of the former Bakersfield Redevelopment Agency.
The attached schedule includes a listing of the obligations for the next twelve month fiscal
year period (July 1, 2016 to June 30, 2017).
Health and Safety code section 341770) also requires the Oversight Board to approve the
Successor Agency's administrative budget. The proposed administrative budget of the
Successor Agency of the dissolved Bakersfield Redevelopment Agency for the next fiscal year
is $250,000 and is shown on the ROPS worksheet.
Staff is recommending adoption of the Resolution approving the ROPS 16 -17 and
administrative budget. The state law (AB 1484) potentially imposes severe penalties against
the City of Bakersfield (up to $10,000 per day) should the Oversight Board not approve the
ROPS prior to the February 1 due date.
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