May 24, 2012

REGULAR AGENDA - 9:00 a.m.

Please turn off cell phones and pagers, as a courtesy to those in attendance. Thank you.

1. Call to Order:         A. Pledge of Allegiance         B. Roll Call

2. Public Comment

If you wish to comment on an item which is not on the agenda, you may do so under "Public Comment.” In order to allow time for all public comments, each individual’s comments are limited to five minutes. When addressing the Board, you are requested to come forward to the speaker's microphone, state your name and address, and then proceed with your presentation.

Items for Board Consideration and Action

3. Approval - Minutes - April 26, 2012

4. Report and Recommendation - Resolution 2012-04 - Conflict of Interest Code

5. Discussion and Direction - Property Disposition Plan

6. Presentation - RDA Loan to Lemoore Golf Course

7. Discussion - Department of Finance Position on ROPS

[A] Exhibit A - Recognized Obligation Payment Schedules for July 1, 2012 through December31, 2012
[B] Exhibit B - Resolution 2012-03 and ROPS
[C] Exhibit C - California Department of Finance ltr dtd May 11. 2012 with notations
[D] Exhibit D - City of Lemoore ltr dtd May 16, 2012

Atachments to Exhibit D
[A] Attachment A - DOF Letter with notations
[B] Attachment B - RDA - LUHSD - Taxing Agency
[C] Attachment C - RDA - LUESD - Taxing Agency
[D] Attachment D - LMI Senior Housing Comlex Loan Lemoore Pacific Associates
[E] Attachment E - RDA 2011-03
[F] Attachment F - RDA Minutes 3-15-11
[G] Attachment G - 5-7-12 to Todd Vermillion re Loan re Cinnamon Villas (00245607)
[H] Attachment H - Infrastructure near Bush & 41 2010-02
[I] Attachment I - Lemoore Draft Report 11_10_06
[J] Attachment J - Lemoore Report Revisions 12_07_06
[K] Attachment K - Freeway Agreement - Fully Executed 2-7-84
[L] Attachment L - Staff Report Sale & Loan to KCMD
[M] Attachment M - RDA Minutes 6-7-11
[N] Attachment N - KCMD Mgmt Agmt
[O] Attachment O - 5-7-12 to Todd Vermillion re KCMD Loan (00245608)
[P] Attachment P - BUYNSPLIT
[Q] Attachment Q - Grant Deed
[R] Attachment R - Indenture of Trust
[S] Attachment S - Final Offical Statement Lemoore RDA - 2011 TABs OS
[T] Attachment T Cost Allocation Plan

8. Report and Recommendation - Resolution 2012-05 - Modified Recognized Obligation Payment Schedule - July 1, 2012 to December 31, 2012

9. Report and Recommendation - 2012-2013 Administrative Budget

10. Information Only - Redevelopment Property Transfer to Lemoore Housing Authority

11. Discussion - Bill Update

12. Adjourn to Oversight board Closed Session

  • Conference with Real Property Negotiators
    Pursuant to Government Code Section 54956.8
    APN: 024-051-032-000 and 024-051-033-000
    Under Negotiation: Disposition
    Negotiating Parties: Jeff Briltz and the Gary and Maxine Bennett Trust

13. Adjournment

Future Agenda Items
Report and Recommendation - Resolution 2012 - ___ Ratification of Property Transfer to the Lemoore Housing Authority
Report and Recommendation - Resolution 2012-07 - Property Disposition 752 Carmel Drive - Kings County Management

Notice of ADA Compliance: If you or anyone in your party needs reasonable accommodation to attend, or participate in, any Oversight Board Meeting, please make arrangements by contacting the Human Resources Office at City Hall 24 hours prior to the meeting. They can be reached by calling 924-6700, or by mail at 119 Fox Street, Lemoore, California 93245.

Any writings or documents provided to a majority of the Oversight Board regarding any item on this agenda will be made available for public inspection at the City Clerk’s Counter at City Hall located at 119 Fox Street, Lemoore, CA during normal business hours. In addition, most documents will be posted on the City’s website at http://www.lemoore.com/.


I, Nanci C. O. Lima, City Clerk of the City of Lemoore, do hereby declare that the foregoing agenda for the Oversight Board Thursday, May 24, 2012 posted on the outside bulletin board located at City Hall, 119 Fox Street on Monday, May 21, 2012 at 9:00 a.m.

Link to Reverse Side of Oversight Board Agenda Page 1