HomeMy WebLinkAboutsa102015AGENDA OF A REGULAR MEETING - SUCCESSOR AGENCY TO THE
COMMUNITY DEVELOPMENT COMMISSION AS THE NATIONAL CITY
REDEVELOPMENT AGENCY
«- CALIFORNIA - COUNCIL CHAMBERS
NATIONA'L CITY CIVIC CENTER
1243 Nat�RCity Blvd.
C133,1 B� National Ional City, California
TUESDAY, OCTOBER 20, 2015 — 6:00 PM
ORDER OF BUSINESS: Public sessions of all Regular Meetings of the
Successor Agency to the Community Development Commission as the
RONMORRISON National City Redevelopment Agency begin at 6:00 p.m. on the first
Chairman and third Tuesday of each month. Public hearings begin at 6:00 p.m.
unless otherwise noted. Closed Sessions begin at 5:00 p.m. or such
✓ERRYCANO other time as noted on the agenda. If a workshop is scheduled, the
Boardmember subject and time of the workshop will appear on the agenda.
ALBEIv1z
Boardmemmemberber REPORTS: All regular meeting agenda items and reports as well as all
documents and writings distributed to the Board less than 72 hours
MONARIOS prior to the meeting, are available for review at the entry to the Council
Boardmember Chambers. Regular Meetings of the Board are webcast and archived
on the City's website www.nationalcityca.gov.
ALEJANDRA SOTELO-SOLIS
Boardmember PUBLIC COMMENTS: Prior to the Business portion of the agenda, the
Board will receive public comments regarding any matters within the
jurisdiction of the Successor Agency to the Community Development
Commission as the National City Redevelopment Agency. Members of
the public may also address any item on the agenda at the time the
item is considered by the Board. Persons who wish to address the
Board are requested to fill out a `Request to Speak" form available at
the entrance to the City Council Chambers, and turn in the completed
form to the City Clerk. The Chairperson will separately call for
testimony of those persons who have turned in a `Request to Speak"
form. If you wish to speak, please step to the podium at the appropriate
time and state your name and address (optional) for the record. The
time limit established for public testimony is three minutes per speaker
unless a different time limit is announced. Speakers are encouraged to
1243 National City Blvd be brief. The Chairperson may limit the length of comments due to the
National City number of persons wishing to speak or if comments become
619-336-4240 repetitious or irrelevant.
WRITTEN AGENDA: With limited exceptions, the Board may take
action only upon items appearing on the written agenda. Items not
Meeting agendas and appearing on the agenda must be brought back on a subsequent
minutes available on web agenda unless they are of a demonstrated emergency or urgent
nature, and the need to take action on such items arose after the
wwW.NATIONALCITYCA.GOV agenda was posted.
CONSENT AGENDA: Consent calendar items involve matters which
are of a routine or noncontroversial nature. All consent items are
adopted by approval of a single motion by the City Council. Prior to
such approval, any item may be removed from the consent portion of
the agenda and separately considered, upon request of a
Councilmember, a staff member, or a member of the public.
Successor Agency Agenda
10/20/2015 — Page 2
Upon request, this agenda can be made available in appropriate alternative formats to persons with a
disability in compliance with the Americans with Disabilities Act. Please contact the City Clerk's Office at
(619) 336-4228 to request a disability -related modification or accommodation. Notification 24-hours prior
to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this
meeting.
Spanish audio interpretation is provided during Board Meetings. Audio headphones are available in the
lobby at the beginning of the meeting.
Audio interpretacion en espanol se proporciona durante sesiones del Consejo Municipal. Los audiofonos
estan disponibles en el pasillo al principio de la junta.
THE BOARD REQUESTS THAT ALL CELL PHONES AND PAGERS BE TURNED OFF DURING
BOARD MEETINGS.
Successor Agency Agenda
10/20/2015 — Page 3
OPEN TO THE PUBLIC
SUCCESSOR AGENCY AGENDA
CALL TO ORDER
ROLL CALL
PUBLIC COMMENTS (THREE -MINUTE TIME LIMIT)
Approval of the Minutes of the Regular Meeting of the Successor Agency
to the Community Development Commission as the National City
Redevelopment Agency of October 6, 2015. (City Clerk)
2. Investment transactions for the month ended Auaust 31. 2015 (Finance
3. Successor Agency Warrant Register #9 for the period of 08/26/15 through
09/01/15 in the amount of $7,432.50 (Finance)
4. Successor Agency Warrant Register #10 for the period of 09/02/15
through 09/08/15 in the amount of $1,043.83 (Finance)
5. Resolution of the Successor Agency to the Community Development
Commission as the National City Redevelopment Agency authorizing the
Chairman to Execute a Memorandum of Understanding between the City
of National City and the Successor Agency regarding the distribution of
the pending settlement proceeds in the matter regarding the Rosenow
Spevacek Group (RSG). (Successor Agency Counsel)
PUBLIC HEARINGS
NON CONSENT RESOLUTIONS
NEW BUSINESS
STAFF REPORTS
MEMBER REPORTS
CLOSED SESSION REPORT
ADJOURNMENT
Regular City Council/Community Development/Housing Authority of the
City of National City Meeting - DATE - 6:00 p.m. -Council Chambers -
National City, California
Successor Agency Agenda
10/20/2015 — Page 4
Successor Agency Agenda
10/20/2015 — Page 5
The following page(s) contain the backup material for Agenda Item: Approval of the
Minutes of the Regular Meeting of the Successor Agency to the Community
Development Commission as the National City Redevelopment Agency of October 6,
2015. (City Clerk)
Item #_
10/20/15
APPROVAL OF THE MINUTES OF THE REGULAR
MEETING OF THE SUCCESSOR AGENCY TO THE
COMMUNITY DEVELOPMENT COMMISSION
AS THE NATIONAL CITY REDEVELOPMENT
AGENCY OF OCTOBER 6, 2015.
(City Clerk)
Book 4 / Page 38
10-06-2015
DRAFT DRAFT DRAFT
MINUTES OF THE REGULAR MEETING OF THE
SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT
COMMISSION AS THE NATIONAL CITY REDEVFLOP,MENT AGENCY
Vj I utuDev6,2016
The Regular Meeting of the Successor Agency to the Community Development
Commission as the National City Redevelopment Agency was called to order at
9:42 p.m. by Chairman Ron Morrison.
ROLL CALL
Board members present: Cano, Mendivil, Morrison, Rios, Sotelo-Solis.
Administrative Officials present: Dalla, Deese, Raulston, Silva.
PUBLIC COMMENTS
None.
CONSENT CALENDAR
ADOPTION OF CONSENT CALENDAR. Item No. 1 (Minutes), Item Nos. 2 and
3 (Warrant Registers). Motion by Rios, seconded by Cano, to approve the
Consent Calendar Carried by unanimous vote.
APPROVAL OF MINUTES
1. Approval of the Minutes of the Regular Meeting of the Successor Agency
to the Community Development Commission as the National City
gdr_v- lcry-I d •a o f c•,4,acM�^ E F 15 f
a :.;..s;siei:.. Agency v. ...a.,... i:?�C?e .�, ZO E:l r'..' C--1
ACTION: Approved See above.
SUCCESSOR AGENCY 2015 (406-10-13)
2. Successor Agency Warrant Register #7 for the period of 08/12/15 through
08/18/15 in the amount of $924.56. (Finance)
ACTION: Approved. See above.
SUCCESSOR AGENCY 2015 (406-10-13)
3. Successor Agency Warrant Register #8 for the period of 08/19/15 through
08/25/15 in the amount of $1,000.00. (Finance)
ACTION: Approved. See above.
Book 41 Page 39
10-06-2015
STAFF REPORTS
None.
CLOSED SESSION REPORT
There were no Closed Session items for the Successor Agency.
ADJOURNMENT
Motion by Sotelo-Solis, seconded by Cano, to adioum the meeting to the next
Regular Meeting of the Successor Agency to the Communiw Development
Commission as the National City Redeveiopment Agency to be held Tuesday,
October 20 2015 6:00 p.m.. Counci! Chambers Rational City California.
Carried by unanimous vote.
The meeting closed at 9:44 p.m.
Secretary
The foregoing minutes were approved at the Regular Meeting of October 20,
2015.
Successor Agency Agenda
10/20/2015 — Page 9
The following page(s) contain the backup material for Agenda Item: Investment
transactions for the month ended August 31, 2015 (Finance)
SUCCESSOR AGENCY TO
THE COMMUNITY DEVELOPMENT COMMISSION
AS THE NATIONAL CITY REDEVELOPMENT AGENCY
COUNCIL AGENDA STATEMENT
October 20, 2015
ITEM TITLE:
Investment transactions for the month ended August 31. 2015.
PREPARED BY: Ronald Gutlay
PHONE: (619) 336-4346
EXPLANATION:
DEPARTMENT: Finance
APPROVED BY:
In accordance with California Government Code Section 53646 and City of National City's investment
policy section XIIA, a monthly report shall be submitted to the legislative body accounting for
transactions made during the reporting period.
The attached listing reflects investment transactions of the City of National City's Successor Agency
investment portfolio for the month ending August 31, 2015.
FINANCIAL STATEMENT:
ACCOUNT NO.
NA
APPROVED: VtII t Lt- Finance
APPROVED: MIS
ENVIRONMENTAL REVIEW:
This is not a project and, therefore, not subject to environmental review.
ORDINANCE: INTRODUCTION: I i I FINAL ADOPTION
STAFF RECOMMENDATION:
Accept and file the Investment Transaction Report for the month ended August 31. 2015.
BOARD / COMMISSION RECOMMENDATION:
N/A
Investment Transaction Report
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Beginning Market Value
Distributions
00-0-M -P-PC-245-01 00151601 1546
0080626-00-02356-01 Page 2 of 5
ACCOUNT NUMBER: 271375
COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF NATIONAL CITY
NATIONAL CITY REDEVELOPMENT PROJECT
2004 TAX ALLOCATION BONDS, SERIES A
REDEVELOPMENT FUND
This statement is for the period from
August 1, 2015 to August 31, 2015
MARKET VALUE SUMMARY
Current Period Year -to -Date
08/01/15 to 08/31/15 01/01/15 to 08131/15
$35,634.30
- 35,634.48
$35,633.04
- 35,634.48
Adjusted Market Value - $.18 - $1.44
Investment Results
Interest, Dividends and Other Income
0.18
1.44
Total Investment Results 5.18 $1.44
Ending Market Value $.00 S.00
UV it� w�. �a .
13
Beginning Market Value
Contributions
Distributions
00-0-M -P-PC-245-01 00151701 1517
0081058-00-02356-01 Page 2 of
ACCOUNT NUMBER: 285693
COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF NATIONAL CITY
NATIONAL CITY REDEVELOPMENT PROJECT
2005 TAXABLE ALLOCATION REFUNDING
BONDS SERIES A - RESERVE ACCOUNT
This statement is for the period from
August 1, 2015 to August 31, 2015
MARKET VALUE SUMMARY
Current Period Year -to -Date
08/01/15 to 08/31/15 01/01/15 to 08/31/15
$2,183,659.52
495,150.00
- 2,688,022.92
$2,171,582.72
495,150.00
- 2,698,358.92
Adiusted Market Value - $9,213.40 - $31,626.20
Investment Results
Interest, Dividends and Other Income
Net Change in Investment Value
10,091.90
670.00
20,427.90
12,746.80
Total Investment Results $10,761.90 _ $33,174.70
Ending Market Value $1,548.50 $1,548.50
Beginning Market Value
Distributions
00-0-M -P-PC-245-01 00151801 1518
0076127-00-02356-01 Page 2 of
ACCOUNT NUMBER: S668702
COMMUNITY DEVELOPMENT COMMISSION OF
CITY OF NATIONAL CITY
NATIONAL CITY REDEVELOPMENT PROJECT
2011 TAX ALLOCATION BONDS
RESERVE SUBACCOUNT
This statement is for the period from
August 1, 2015 to August 31, 2015
MARKET. VALUE SUMMARY ;
Current Period Year -to -Date
08/01/15 to 08/31/15 01/01/15 to 08/31/15
$4,215,787.52
- 19,954.75
$4,192,471.97
- 39,909.50
Adjusted Market Value $4195,832.77 $4,152,562.47
Investment Results
Interest, Dividends and Other Income
Net Change in Investment Value
19,954.75
- 9,830.34
39,909.50
13,485.21
Total Investment Results $10,124.41 $53,394.71
Ending Market Value $4 205,957.18 $4,205,957.18
ryN
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BNY MELLON
The Bank of New York Molina
TY OF NATIONAL CITY
IRK ROBERTS
FINANCE DIRECTOR
1243 NATIONAL CITY BOULEVARD
NATIONAL CITY, CA 91950-4397
Go Pape.... Securely access your account online to view your statements.
Ask your BNY Mellon contact how we can help you access your accounts, enter
your own transactions or submit an audit confirmation online. Also be sure to
ask how Connect(SM), our new web -based, single sign -on platform can help you
go paperless.
Visit us at www.bnymellon.com
Account Overv;ew
Account Statement
Statement Period 08/01/2015 Through 08/31/2015
Account 264684
NATIONAL CITY TAB 99 RESERVE FD
CLIENT SERVICE MANAGER: CHRISTOPHER S JOHNSON
400 SOUTH HOPE STREET AIM: 901 0400
LOS ANGELES, CA 90071
213-630-6404
C H RI S.JOHNSON@ BNYMELLON.COM
Percent of MI
Investments Asset Classification Market Value
100% O _CASH AND SHORT TERM _ _ 333,407.06
100% TOTAL OF ALL INVESTMENTS 333,407.06
Summary of Assets Held
Asset Cleasifi adi.n
Market Value
Cost
Accrued Income
Est Annual Income
Market Yield
)D INCOME
0.00
0.00
0.00
0.00
0.00%
CASH AND SHORT TERM
333,407.06
333,407.06
0.00
0.00
0,00%
ACCOUNTTOTALS
333,407.06
333,407.06
0AO
0.00
0.00%
Summary of Cash Transactions
Curren: Period
Year -to -Date
_
Realized
Transaction Category _ _ . _ ..
Income !,
Principal _ _Gains/Leases
income
Pdnsipal
OPENING BALANCE
0.00
0.00
0.00
0.00
DIVIDENDS
11.20
0.00
0.00
86.03
0.00
OTHER CASH ADDITIONS
0.00
0.00
0.00
0.98
0.00
OTHER CASH DISBURSEMENTS
0.00
0.00
0.00
0.72 -
0.00
PURCHASES
11.20
0.00
0.00
86.30 -
0.00
CLOSING BALANCE
0.00
0.00
0.00
0.00
0.00
The above cash transactions summary is provided for information purposes only and may not reflect actual taxable income a deductible expenses
as reportable under the Internal Revenue Code.
u
Page 90114 Page 1 of 2
LAIF Regular Monthly Statement
Page 1 of I
Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
S/A CITY OF NATIONAL CITY FOR NATIONAL.
CITY REDEVELOPMENT AGENCY
FINANCE DIRECTOR
1243 NATIONAL CITY BLVD
NATIONAL CITY, CA 91950
Account Summary
Total Deposit:
Total Withdrawal:
PMIA Averaee Monthly Yields
Account Number:
65-37-014
Tmn Type Definitions
0.00 Beginning Balance:
0.00 Ending Balance:
vvsvw.treasurer.ca.¢ov/omia-laiUlaiEasn
September 15, 2015
August 2015 Statement
22,473,043.86
22,473,043.86
https:Hlaifms.treasurer.ca.gov/RegularStatement.aspx 9/15/2015
Successor Agency Agenda
10/20/2015 — Page 17
The following page(s) contain the backup material for Agenda Item: Successor Agency
Warrant Register #9 for the period of 08/26/15 through 09/01/15 in the amount of
$7,432.50 (Finance)
SUCCESSOR AGENCY TO
THE COMMUNITY DEVELOPMENT COMMISSION
AS THE NATIONAL CITY REDEVELOPMENT AGENCY
AGENDA STATEMENT
MEETING DATE: October 20, 2015 AGENDA ITEM NO.
ITEM TITLE:
Successor Agency Warrant Register #9 for the period of 08/26/15 through 09/01/15 in the amount of
$7,432.50 (Finance)
PREPARED BY: K. Apalategui DEPARTMENT: Finance
PHONE: 619-336-4572
4PPROVED BY: i_!
EXPLANATION
Pursuant to ABX1 26, all redevelopment agencies in the State of California were dissolved as of
February 1, 2012. Upon dissolution of the City of National City's Redevelopment Agency, the City
assumed the role of Successor Agency to the Community Development Commission as the National
City Redevelopment Agency ("Successor Agency").
In order to streamline the payment process, all check -paid expenses of the Successor Agency are paid
by the City. The Successor Agency then reimburses the City. Successor Agency wires are paid directly
from the Successor Agency account.
Attached is a detailed listing of all Successor Agency expenses for the period, which total $7,432.50.
Staff requests approval of payments of Successor Agency eYnPncPc
FINANCIAL STATEMENT:
ACCOUNT NO.
Reimbursement total $7,432.50
ENVIRONMENTAL REVIEW:
This is not a project and, therefore, not subject to environme
ORDINANCE: INTRODUCTION: I I I FINAL
STAFF RECOMMENDATION:
Ratification of reimbursement in the amount of $7,432.50
BOARD / COMMISSION RECOMMENDATION:
N/A
ATTACHMENTS:
Successor Agency Warrant Register #9
PAYEE
CHECKS
OPPER & VARCO LLP
N
SUCCESSOR AGENCY
WARRANT REGISTER #4
4/1/2015
DESCRIPTION
LEGAL /TOD/SA
CHK NO DATE AMOUNT
319288 8131/15 7,432.60
AIP Sub -Total $ 7,432.50
Total disbursements paid with City's Funds $ 7,432.50
GRAND TOTAL $ 7,432.50
Successor Agency Agenda
10/20/2015 — Page 20
The following page(s) contain the backup material for Agenda Item: Successor Agency
Warrant Register #10 for the period of 09/02/15 through 09/08/15 in the amount of
$1,043.83 (Finance)
SUCCESSOR AGENCY TO
THE COMMUNITY DEVELOPMENT COMMISSION
AS THE NATIONAL CITY REDEVELOPMENT AGENCY
AGENDA STATEMENT
MEETING DATE: October 20, 2015 AGENDA ITEM NO.
ITEM TIT[
Successor Agency Warrant Register #10 for the period of 09/02/15 through 09/08/15 in the amount of
$1,043.83 (Finance)
PREPARED BY: K. Apalategui DEPARTMENT: Finance
PHONE: 619-336-4572
APPROVED BY:�
EXPLANATION:
Pursuant to ABX1 26, all redevelopment agencies in the State of California were dissolved as of
February 1, 2012. Upon dissolution of the City of National City's Redevelopment Agency, the City
assumed the role of Successor Agency to the Community Development Commission as the National
City Redevelopment Agency ("Successor Agency").
In order to streamline the payment process, all check -paid expenses of the Successor Agency are paid
by the City. The Successor Agency then reimburses the City. Successor Agency wires are paid directly
from the Successor Agency account.
Attached is a detailed listing of all Successor Agency expenses for the period, which total $1,043.83.
Staff requests approval of payments of Successor Agency expenses.
FINAm iAL 61xicman.
ACCOUNT NO.
Reimbursement total $1,043.83
APPROVED: Finance
APPROVED: MIS
ENVIRONMENTAL REVIEW:
This is not a project and, therefore, not subject to environmental review.
ORDINANCE: INTRODUCTION: n FINAL ADOPTION:n
STAFF RECOMMENDATION:
Ratification of reimbursement in the amount of $1,043.83
BOARD / COMMISSION RECOMMENDATION:
N/A
ATTACHMENTS:
Successor Agency Warrant Register #10
PAYEE
CHECKS
KANE BALLMER & BERKMAN
SDG&E
SWEETWATER AUTHORITY
U-0, �11, � 1 "6
SUCCESSOR AGENCY
WARRANT REGISTER 910
9/8/2015
DESCRIPTION
CHK NO
LEGAL/ SUCCESSOR AGENCY OPERATIONS / S A 319530
UTILITIES SVCS - 6/18 - 7/20/15 / S A 319531
UTILITIES SVCS - 6/2 - 8/3/15 / S A 319532
OeTE AMOUNT
9/8/15 90.00
9/8/15 908.39
9/8/15 45.44
A/P Sub -Total $ 1,043.83
Total disbursements paid with City's Funds $ 1,043.83
GRAND TOTAL $ 1,043.83