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HomeMy WebLinkAbout2012-11-16Special Meeting Minutes City of Huntington Beach Oversight Board of the Successor Agency of the Former City of Huntington Beach Redevelopment Agency Friday, November 16, 2012 8:30 AM - Room B-8 Civic Center, 2000 Main Street Huntington Beach, California 92648 CALL TO ORDER — 8:46 A.M. ROLL CALL PRESENT: Chair Hansen, A. Dunn, Fritzal, Carchio ABSENT: Vice Chair L. Dunn, Bone, Delgado PLEDGE OF ALLEGIANCE - Led by Chair Don Hansen SUPPLEMENTAL COMMUNICATIONS Pursuant to the Brown "Open Meetings" Act, Acting Secretary Rebecca Ross announced there were no supplemental communications received after distribution of the agenda packet: PUBLIC COMMENTS - (Limited to 3 minutes per person): None. BUSINESS Approval and Adopted the November 8, 2012 Minutes Chair Hansen noted the meeting date of November 9, 2012 listed on the agenda was incorrect and that the meeting actually took place on November 8, 2012. A motion was made by Carchio, second Fritzal to approve and adopt the minutes of November 8, 2012. AYES: Chair Hansen, A. Dunn, Fritzal, and Carchio NOES: None ABSENT: Vice Chair L. Dunn, Bone, Delgado Adopted Resolution Approving and Authorizing the Transmittal of the Low and Moderate Income Housing Fund Due Diligence Housing Review The public comment session was convened, and no public comments were received. Finance Director Lori Ann Farrell explained the steps necessary for the Due Diligence Review pursuant to Assembly Bill 1484 and Health and Safety Code Section 34179.5. Director Farrell clarified for Member Carchio three obligations that were being reviewed: Bella Terra, Pacific City, and Emerald Cove. it was noted that the State Department of Finance denied the obligation relating to the Owner Participation Agreement (OPA) with 21002 HB, LLC (Pacific City) because the original OPA with the previous developer was terminated. The Housing Authority is appealing this denial. A motion was made by Hansen, second A. Dunn, to adopt Oversight Board Resolution No. 2012-05 "A Resolution. of the Oversight Board of the Successor Agency to the Redevelopment Agency of the City of Huntington Beach Approving and Authorizing the Transmittal of the Low and Moderate income Housing Fund Due Diligence Review." AYES: Chair Hansen, A. Dunn, Fritzal, and Carchio NOES: None ABSENT: Vice Chair L. Dunn, Bone, Delgado MEMBER. REPORTS/ANNOUNCEMENTS: None. ADJOURNMENT: The meeting was adjourned at 8:54 A.M. i`J A) ,,loan L. Flynn Secretary of the Huntington Beach Oversight Board of the Successor Agency of the Former City of Huntington Beach, California Redevelopment Agency Donald F. Hansen Jr. Chair of the Huntington Beach Oversight Board of the Successor Agency of the Former City of Huntington Beach, California Redevelopment Agency Huntington Beach Oversight Board Special Meeting Minutes November 16, 2012 Page 2 of 2