June 13, 2012: Oversight Board Meeting

Oversight Board Meeting

AGENDA

Oversight Board of
The City of Garden Grove as Successor Agency
to the Garden Grove Agency for Community Development
Regular Meeting

June 13, 2012

02:00 p.m.

Community Meeting Center, Council Chamber
11300 Stanford Avenue, Garden Grove, CA 92840

OPEN SESSION

ROLL CALL: Member Delp, Member Dunn, Member Guerrero, Member Jones, Member Mefford, Vice Chair Nguyen, Chair Dalton

PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA

1.	PUBLIC COMMENTS: (Limited to three (3) minutes per person.)

2.	CONSENT ITEMS:

2.a.

Minutes of the meeting held May 10, 2012.

3.	ITEMS FOR CONSIDERATION:

3.a.

Reconsideration of the appropriateness of inclusion of financial obligations under the Disposition and Development Agreement with Garden Grove MXD, Inc. dated April 13, 2010 (the ?DDA?) on the Recognized Obligation Payment Schedule for the Period January 1, 2012, to June 30, 2012 (the ?First ROPS?) and for the period July, 2012, to December, 2012 (the ?Second ROPS?).

Agenda Report

3.b.

Reconsideration of various items from the Recognized Obligation Payment Schedule.

Agenda Report

3.c.

Authorization to transfer properties purchased with the Certificates of Participation to the City.

Agenda Report

3.d.

Resolution approving the amended Enforceable Obligation Payment Schedule.

Agenda Report

4.	MATTERS FROM CHAIR, BOARD MEMBERS, AND DIRECTOR:

4.a.

Director to provide a status report on the approved Recognized Obligation Payment Schedule (ROPS).

5.	ADJOURNMENT:

June 13, 2012: Oversight Board Meeting

Full Agenda