pages: SuccessorAgencyOversightBoard/2012-10-18.pdf, 2
This data as json
body | date | page | text | path |
---|---|---|---|---|
SuccessorAgencyOversightBoard | 2012-10-18 | 2 | Exhibit A MINUTES City of Alameda Successor Agency Oversight Board Special Meeting Thursday, October 18, 2012, 6:00 p.m. City Hall, 2263 Santa Clara Avenue Conference Room 360 1. CALL TO ORDER & ROLL CALL The Chair called the meeting to order at 6:00 p.m., with the following Board Members present: Chair Russo, Vice Chair Biggs, McMahon, and Potter. Board Members absent at time of roll: Chan, Gerhard, and Ortiz (arrived at 6:10 p.m.) Board staff in attendance: Assistant General Counsel Garrabrant-Sierra and Secretary Valeska. Successor Agency consultants in attendance: David Doezema, Keyser Marston Associates, Inc.; Bob Staedler, Aperature Consulting; and Katherine Yuen, Maze & Associates. 2. CONSENT AGENDA a. Resolution Adopting the Minutes of the August 27, 2012 Special Meeting: Action (Resolution No. 12-04) The Resolution was passed by unanimous consent (4- 0-3) 3. UNFINISHED BUSINESS 4. NEW BUSINESS a. Resolution Approving the Revised Administrative Budget for the Second Recognized Obligation Payment Schedule Period, July 1 - December 31, 2012: Action (Resolution No. 12-05) The Vice Chair inquired if the increased legal costs were due to AB1484. Member Potter responded in the affirmative; more analysis is needed as a result of the new legislation. Motion and second (McMahon and Biggs) to pass the Resolution. Motion passed unanimously (4- 0-3). b. Resolution Authorizing the Successor Agency to Enter into the First Amendment to the Agreement with Keyser Marston Associates, Inc. for Financial Services through June 30, 2013, Expanding the Scope of Work and Adding $44,500 for a Total Budget Amount of $74,000: Action (Resolution No. 12-06) Member Potter stated that the adoption of the previous Resolution allowed the Board to consider this amendment to the KMA contract. The Chair inquired as to why the need for the increase. Member Potter responded that KMA's scope of work needed to be expanded for assistance with the Due Diligence Reviews, the cash flow analysis, and the long term property management plan. Mr. Doezema of KMA stated that | SuccessorAgencyOversightBoard/2012-10-18.pdf |