Agenda

Return

OVERSIGHT BOARD
TO THE CITY OF BREA
AS SUCCESSOR AGENCY
TO THE BREA REDEVELOPMENT AGENCY

MINUTES

July 13, 2017

SPECIAL MEETING
9:00 a.m. - Executive Conference Room
Level Three

Present:	Chair Bill Gallardo; Vice Chair Brad Mason; Keri Bullock; Don Parker; Don Schweitzer
Absent:	Kent Forde; Kashu Vyas
Staff Present:	David Crabtree; Cindy Russell; Lee Squire; Karen O'Leary

CALL TO ORDER / ROLL CALL
Chair Gallardo called the meeting to order at 9:00 a.m. and thanked the board for taking time for the Special Meeting.

Public Comment - None.

DISCUSSION / ACTION ITEMS

April 14, 2017 Regular Meeting Minutes

Motion was made by Don Parker, seconded by Vice Chair Brad Mason to Approve the April 14, 2017 Regular Meeting Minutes as Presented.

AYES:	Chair Bill Gallardo, Vice Chair Brad Mason, Keri Bullock, Don Parker, Don Schweitzer
Other:	Kent Forde (ABSENT), Kashu Vyas (ABSENT)
Passed

Second Amendment to the Brea Mall Owner Participation Agreement (OPA)
Community Development Director Crabtree noted that there was a handout of Resolution SA 2017-09 approving the Second Amendment to the Brea Mall Owner Participation Agreement, which was approved by the Successor Agency on Tuesday, July 11, 2017. He stated that staff is hopeful that this third attempt will satisfy the criteria of the Department of Finance (DOF) by showing a savings to the taxing entities.

Motion was made by Vice Chair Brad Mason, seconded by Don Schweitzer to Adopt Resolution OB 2017-13 Approving the Second Amendment to the Brea Mall Owner Participation Agreement (Brea Mall OPA).

AYES:	Chair Bill Gallardo, Vice Chair Brad Mason, Keri Bullock, Don Parker, Don Schweitzer
Other:	Kent Forde (ABSENT), Kashu Vyas (ABSENT)
Passed

MEMBER REPORTS / ANNOUNCEMENTS
Boardmember Parker stated his preference that Oversight Board meetings be held on Fridays only.

STAFF UPDATES
Community Services Director Crabtree stated that staff expects the Board to meet again in September to approve adjustments to reports for DOF.

Boardmember Schweitzer questioned the status of the Successor Agency owned property at 323 N. Brea Boulevard. Community Services Director Crabtree confirmed that the buyer is no longer interested in purchasing the property and staff is conducting talks with several other potential buyers. He also mentioned that the sale of the properties at 340 N. Orange Avenue and 112 W. Bracken Street is complete.

In response to Boardmember Parker, staff had no further information on the consolidation with the Orange County Oversight Board.

ADJOURNMENT
Chair Gallardo adjourned the meeting at 9:08 a.m.

Respectfully submitted,	The foregoing minutes are hereby approved this 12^th day of October, 2017

______________________________ Lillian Harris-Neal, City Clerk	______________________________ Bill Gallardo, Chair