OB Min 01/10/2013 - Laserfiche WebLink

Browse Search

Summary ��N�N0��«� ~*,��~=�� °��~=� Oversight Board Thursday, January 10 2013 4:00 p.��. -~ ��:�� p.m. Members: David Holland, Chair Present City Ha Mike Roberts, Vice Chair Present 1017Midd|edRnad SteveAbbo� - Present ePresent �d RedwoudCity [A A486] Alicia Aguire- Present ' Barbara Christensen - Present Conference Room 2B—Second Floor Blake Lyon - Present EnhqucNavas- Present City Staff as Successor Agency Attendees: Bob Bell, City Manager Absent Bill Ekern, Community Development Director- Present Alison Freeman, Financial Services Manager Present Brian Panty, Finance Director/Assistant City Manager- Present Veronica Ramirez, Assistant City Attorney Pamela Thompson, City Attorney- Present Silvia Vonderlinden, City Clerk -Present Craig Labadie,Counsel to the Oversight Board Present 1. Call to Order— Chair 2. Roll Call -As noted above. 3. Public Comments—There was no public comment NOTE: Speakers are limited to three minutes, unless modified by the Chairperson. The Board cannot take action on any matter raised under this item. Chair 4. Approval of Minutes—December 5, 2012 Meeting Chair M/S Christensen/Navas with submitted edits from Member Christensen and Member Navas noting he voted yes on item item 6. Motion carried unanimously by those present. 5. Recommendation to Approve the Second Due Diligence Review Brian Ponty There were no comments. MS Aguirre/Abbors to close public comment. Mr. Ponty reported out on the visit to Sacramento and how the City's efforts were unsuccessful. He said a demand letter has been submitted by the County Controller and staff is meeting with the City Council to ascertain the course of action. Member Navas inquired about the pension calculations and if any questions came up. Mr. Ponty said that was not the case. He added that the agreement the Oversight Board approved will go to the City Council on January 28, 2013. Mr. Navas inquired if OBs legal counsel should inquire with the DOF on this and seek an opinion. Mr. Ponty said that sooner or later staff will know where they stand but for now the action will be to place it on the fourth ROPS and then see if questions are asked. Member Christensen added that South San Francisco requested an opinion and the response was inconclusive. One Member inquired if there is a precedent of CalPers allowing jurisdictions to catch up on their OPEB (other post employment benefits) and Mr. Ponty said that the DOF is different from CalPers, and they are two separate state agencies. Vice Chair Roberts asked about the agreement with Legal Aid and if has the force of law. City Attorney Thompson confirmed that it did. M/S Christensen/Roberts to adopt the second DDR and approve the resolution. Motion carries unanimously.