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SA AGD 20120207 SPC SUCCESSOR AGENCY TO THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY AGENDA SPECIAL MEETING FEBRUARY 7, 2012 FRED HESSE COMMUNITY PARK, 29301 HAWTHORNE BLVD. _____________________________________________________________________ CALL TO ORDER: ROLL CALL: NEXT RESOL. NO. SA 2012-01 APPROVAL OF AGENDA: PUBLIC COMMENTS (On Items Listed on the Special Meeting Agenda): REGULAR NEW BUSINESS: A. Next Steps in Redevelopment Agency Dissolution- Mayor’s Appointments to Oversight Board (Downs) Recommendation: Staff recommends the Mayor appoint two members to the Oversight Board, so that the City’s interests and perspective will be represented at meetings of the Oversight Board. B. Creation of Redevelopment Obligation Retirement Fund (Downs) Recommendation: STAFF RECOMMENDS THAT THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY ADOPT RESOLUTION NO. SA 2012- __, CREATING THE REDEVELOPMENT OBLIGATION RETIREMENT FUND. C. Adoption of Enforceable Obligation Payment Schedule (Downs) Recommendation: STAFF RECOMMENDS THAT THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY ADOPT RESOLUTION NO. SA 2012- __, ADOPTING AN ENFORCEABLE OBLIGATION PAYMENT SCHEDULE. D.Local Agency Investment Fund Authorization (Downs) Recommendation: STAFF RECOMMENDS THAT THE BOARD OF DIRECTORS OF THE SUCCESSOR AGENCY TO THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY ADOPT RESOLUTION NO. SA 2012- __, AUTHORIZING THE INVESTMENT OF SUCCESSOR AGENCY MONIES IN THE LOCAL AGENCY INVESTMENT FUND. ADJOURNMENT: Adjourn to a time and place certain only if you wish to meet prior to the next regular meeting of the Successor Agency. American with Disabilities Act: In compliance with the Americans with Disabilities Act of 1990, if you require a disability-related modification or accommodation to attend or participate in this meeting, including auxiliary aids or services, please call the City Clerk’s Office at 310 544-5208 at least 48 hours prior to the meeting. NOTE: Staff reports are available for inspection at City Hall, 30940 Hawthorne Boulevard during regular business hours, 7:30 A.M. to 5:30 P.M. Monday – Thursday and 7:30 A.M. to 4:30 P.M. on Friday. The agenda and staff reports can also be viewed at Hesse Community Park, 29301 Hawthorne Boulevard during regular business hours: Monday – Friday from 9:00 A.M. until dusk; Saturday and Sunday from 10:00 A.M. until dusk. Written materials, including emails, submitted to the City are public records and may be posted on the City’s website. In addition, City meetings may be televised and may be accessed through the City's website. Accordingly, you may wish to omit personal information from your oral presentation or written materials as it may become part of the public record regarding an agendized item. Materials related to an item on this Agenda submitted to the Agency after distribution of the agenda packet are available for public inspection at the front counter of the lobby of the City Hall Administration Building at 30940 Hawthorne Boulevard, Rancho Palos Verdes during normal business hours. You can also view the agenda and staff reports at the City’s website www.palosverdes.com/RPV. W:\2012 CITY COUNCIL RDA AGENDAS\20120207 SA AGENDA Spec Mtg.doc Successor Agency to the Rancho Palos Verdes Redevelopment Agency Special Meeting Agenda February 7, 2012 Page 2 of 2