HomeMy WebLinkAboutDesignation of Lori Ann Farrell, Director of Finance, as offOversight Board of the Huntington Beach Successor Agency
to the Redevelopment Agency
MEETING DATE: March 26, 2012
SUBJECT/ACTION: DESIGNATION OF CONTACT PERSON FOR
DEPARTMENT OF FINANCE INQUIRES
RECOMMENDED ACTION
Designate Lori Ann Farrell, Director of Finance, as the official who shall serve as
the contact person for Department of Finance inquires regarding Oversight Board
actions.
BACKGROUND AND DISCUSSION
California Health and Safety Code Section 34179 requires that all meetings of
the Oversight Board be noticed and held in accordance with the Ralph M. Brown
Act, and that agendas and proposed actions of the Oversight Board be posted on
the Successor Agency's website for public review. Health and Safety Code
Section 34179 provides that the Department of Finance (DOF) may review
Oversight Board actions, and as such, all board actions are not effective for three
business days, pending review by the DOF. If the DOF exercises its right to
review the action, it then has ten days to approve the action or return it to the
Oversight Board for reconsideration. The Oversight Board's modified action
does not become effective until approved by the DOF.
Health and Safety Code Section 34179 requires the Oversight Board to formally
designate an official for the purpose of communicating with the DOF regarding
Oversight Board actions. Staff recommends that Lori Ann Farrell, Director of
Finance for the City of Huntington Beach, be designated as the contact person
for the Oversight Board. Once the Oversight Board designates an official, staff
will transmit the official's contact information to the DOF.
ALTERNATIVES CONSIDERED
The Oversight Board is required to designate an official to serve as the contact
person to the Department of Finance. However, the Oversight Board may
choose to designate an official other than the one recommended.