CITY OF SANTA CLARA

www.santaclaraca.gov

 

AGENDA

OVERSIGHT BOARD FOR SUCCESSOR AGENCY

TO THE CITY OF SANTA CLARA

REDEVELOPMENT AGENCY

A complete agenda packet will be available for public review in the City Hall Council Chambers and the City Clerk’s Office at the same time the public records are

distributed to the Oversight Board.

 

July 09, 2012

 

 

REGULAR MEETING

2:00 PM in the City Hall Council Chambers

 

 

1.

CALL TO ORDER/ROLL CALL:

 

2.

APPROVAL OF MINUTES:

 

A.

June 22, 2012.

 

3.

CONTINUANCE/EXCEPTIONS:

 

4.

UNFINISHED BUSINESS:

 

A.

Action Item: Discussion, selection and possible appointment of Outside Counsel for Oversight Board. 

 

1.

Issue:  Source of funding.
Staff Recommendation:  Add cost of Outside Counsel to the Recognized Obligation Payment Schedule (ROPS) as an Enforceable Obligation.

 

B.

Reconsideration of 1) February 28, 2011 Cooperation Agreement to Assist a Publicly Owned Stadium and 2) March 21, 2011 Predevelopment Funding Agreement pursuant to Health and Safety Code Section 34181(d).

 

1.

Staff Recommendation for action: Approval to add to the Stadium Agreements to the Recognized Obligation Payment Schedule (ROPS).

 

C.

Notice of the June 1, 2012 distribution for Santa Clara Redevelopment Property Tax Trust Fund (RPTTF);  Successor Agency response to the County of Santa Clara [Informational item].

 

5.

NEW BUSINESS:

 

A.

Status of the State Department of Financial approval of the Second ROPS (waiting for a response to the letter that the City submitted to the State as well as a response from V. Sharma's letter to the State).

 

6.

AGENDA ITEMS FOR NEXT MEETING:

 

7.

PUBLIC PRESENTATIONS:

 

This item is reserved for persons to address the Oversight Board on any matter not on the agenda that is within the subject matter jurisdiction of the City. The law does not permit Oversight Board action on, or extended discussion of, any item not on the agenda except under special circumstances. The Oversight Board, or staff, may briefly respond to statements made or questions posed, and the City Manager may request staff to report back at a subsequent meeting. Although not required, please submit to the City Clerk your name and subject matter on forms available by the door in the Council Chambers.

 

A.

Correspondence received regarding June 22, 2012 Oversight Board meeting.

 

8.

ADJOURNMENT:

 

A.

Board to determine next meeting date.