HomeMy WebLinkAboutMinutes 2012-12-10No changes.
12 S, -
CITY HALL CONFERENCE ROOM
400 GRAND AVENUE
MONDAY, DECEMBER 10, 2012
1 Call to Order. TIME: 8:58 p.m.
2. Roll Call. PRESENT: Boardmembers Addiego,
and Garbarino, Vice Chairwoman
Matsumoto and Chairman Gonzalez
ABSENT: None.
3. Agenda Review.
4. Public Comments — comments are limited to items on the Special Meeting
Agenda.
NEEMM
1. Motion to approve the minutes of November 14, 2012 and November 26, 2012.
2. Motion confirming payment registers for Redevelopment Obligation Retirement Fund
Payments for December 12, 2012.
3. Motion to cancel the Regular Meeting of December 26, 2012.
4. Resolution No. 14-2012 approving and recommending that the Oversight Board approve
the Lease between the South San Francisco Successor Agency and Pet Club for the
property located at One Chestnut Avenue in South San Francisco.
Motion— Boardmember Addiego/Second— Boardmember Garbarino,: to approve the Consent
Calendar, Unanimously approved by voice vote.
ADMINISTRATIVE BUSINESS
5. Loan agreements between the City of South San Francisco and the
Successor Agency to the Redevelopment Agency of South San Francisco
for payment of several enforceable obligations.
a. Resolution No. 15-2012 of the Successor Agency to the Redevelopment Agency of the
City of South San Francisco approving a Loan Agreement in the amount of $227,083
with the City of South San Francisco to allow the Successor Agency to make payments
related to a settlement agreement for a claim that had been on prior to recognized
obligations payment schedules.
b. Resolution No. 16-2012 of the Successor Agency to the Redevelopment Agency of the
City of South San Francisco approving a Loan Agreement in the amount of $252,465
with the City of South San Francisco to allow the Successor Agency to make a
recognized obligation payment for housing bond debt service incurred by the former
Redevelopment Agency.
c. Resolution no. 17-2012 of the Successor Agency to the Redevelopment Agency of the
City of South San Francisco approving a Loan Agreement in the amount of $17,906.76
with the City of South San Francisco to allow the Successor Agency to make payments
for several housing recognized obligation payment expenses incurred but not invoiced
until after June 30, 2012,
d. Resolution No. 18-2012 of the Successor Agency to the Redevelopment Agency of the
City of South San Francisco approving a Loan Agreement in the amount of $27,937.50
with the City of South San Francisco to allow the Successor Agency to make a
recognized obligation payment for debt service bonds issued by the former
Redevelopment Agency.
e. Resolution No. 19-2012 of the Successor Agency to the Redevelopment Agency of the
City of South San Francisco approving a Loan Agreement in the amount of $74,160.71
with the City of South San Francisco to allow the Successor Agency to make payments
for several non-housing recognized obligation payment expenses incurred but not
invoiced until after June 30, 2012.
Director of Finance Steele presented the staff report advising that the items reflected in the
various resolutions have arisen in between RODS cycles and accordingly must be approved by
resolution.
SPECIAL SUCCESSOR AGENCY MEETING DECEMBER 10, 2012
MINUTES Page 2
Counsel Mattas stated that the resolutions must be taken up separately, because once approved by
the Oversight Board they must be submitted for State Department of Finance approval. Separate
review of each action was thus preferable.
Motion- Boardmember Garbarino/Second- Boardmember Addiego. to approve Resolution No.
15-2012. Unanimously approved by voice vote.
Motion- Boardmember Garb arino/S econd- Boardmember Addiego: to approve Resolution No.
16-2012. Unanimously approved by voice vote.
Motion- Boardmember Addiego/Second- Boardmember Garbarino: to approve Resolution No.
17-2012. Unanimously approved by voice vote.
Motion- Boardmember Addiego/Second- Boardmember Garbarino: to approve Resolution No.
18-2012. Unanimously approved by voice vote.
Motion- Boardmember Garbarino/Second- Boardmember Addiego: to approve Resolution No.
19 -2012. Unanimously approved by voice vote.
ADJOURNMENT
Being no farther business, Chairman Gonzalez adjourned the meeting at 9:09 p.m.
Submitted Approved-
i4a J. Martindfi, ity Clerk Pedro Gonzalez, VOor �7
C Q
it Niti _(-South San Fr a isco City of South San Francisco
SPECIAL SUCCESSOR AGENCY MEETING DECEMBER 10, 2012
MINUTES Page 3