Loading...
HomeMy WebLinkAboutPFA Min 2011-12-12 Seal Beach California December 12, 2011 The City Council, Redevelopment Agency, and Seal Beach Financing Authority of the City of Seal Beach met in joint session at 7:00 p.m. with Mayor Levitt calling the meeting to order and Mayor Pro Tem Miller lead the Salute to the Flag. ROLL CALL Present: Mayor Levitt Council & Board Members: Deaton, Miller, Shanks, Sloan City Staff: Quinn M. Barrow, City Attorney/Legal Counsel Jill R. Ingram, City Manager/Executive Director Sean P. Crumby, Assistant City Manager/Public Works Mark Persico, Director of Development Services Chief Joe Bailey, Seal Beach Marine Safety/Lifeguard Department Chief Robert Luman, Seal Beach Police Department Shally Lin, Interim Director of Finance Linda Devine, City Clerk/Secretary APPROVAL OF AGENDA & WAIVER OF FULL READING OF RESOLUTIONS & ORDINANCES The City Manager announced that item "K" was delivered to the Council on Friday and posted on the website (copies available at the City Clerk's desk), a memorandum was placed at the dais to include the appointment of Jerry Grandt as representative for District 5 to the AdHoc General Plan committee, and requested that item "E" be removed from the Consent Calendar for separate consideration; other items pulled from the Consent Calendar — Miller pulled item "E" and Deaton pulled item "J". Sloan moved, second by Miller, to approve the agenda as amended. AYES: Deaton, Levitt, Miller, Shanks, Sloan NOES: None Motion carried CONSENT CALENDAR Deaton moved, second by Shanks, to approve the recommended actions on the consent calendar except for items "E" — "F" — "J" removed for separate consideration. The City Attorney stated that the minutes show that Councilman Sloan abstained on item "I" due to the possible appearance of a conflict of interest. AYES: Deaton, Levitt, Miller, Shanks, Sloan NOES: None Motion carried A. Approved the Minutes of the Adjourned and Regular City Council Meeting of November 14, 2011; the Redevelopment Agency Meeting of October 10, 2011; and the Seal Beach Financing Authority Joint Meeting of March 28, 2011. (Joint Item) E. Removed for separate consideration. (City Manager) *E. City of Seal .Beach, Redevelopment Agency, and Seal Beach Financing Authority Annual Reports for fiscal year end, June 30, 2011 — Receive and file. (Joint Item) ITEMS REMOVED FROM THE CONSENT CALENDAR ITEM "E" /ANNUAL REPORTS FOR FISCAL YEAR END JUNE 30, 2011 / CITY OF SEAL BEACH, SEAL BEACH REDEVELOPMENT AGENCY, AND SEAL BEACH FINANCING AUTHORITY (Joint Item) (City Manager) The Assistant City Manager introduced Bryan Gruber from Lance, Soil & Lunghard (auditing firm) and asked him to provide an overview of the financial reports. The audit was conducted in accordance with generally accepted auditing standards and included examining, on a test basis, evidence supporting the amounts and disclosures to obtain reasonable assurance that the financial statements are free of material misstatements. In the opinion of the auditors, the financial statements fairly present, in all material respects, the financial position of the City of Seal Beach at June 30, 2011. The Audit Committee (Deaton and Miller) met with the auditors and staff to review the reports. With no objections the Mayor ordered that the City Council, Redevelopment Agency, and Financing Authority receive and file the annual reports for fiscal year ended June 30, 2011: the City's CAFR, the Annual SCR, the RDA Annual Reports (Independent Auditor's Report on the financial statement and on legal compliance; State Controller's Report. This report entitled "Annual Report of Financial Transactions of Community Redevelopment Agencies" contains the fiscal statement of the year; Statement of Indebtedness - Consolidated; Housing Activities Report; Blight Progress Report; Loan Report; Property Ownership Report; Eminent Domain & Time Limits Report; and Additional Activities/Information), the Auditor's Management Letter to the City Council (SAS112), Audit Communication Letter, the Appropriations Limit Agreed Upon Procedures Report, and the SBFA Annual Report of Special Districts. AYES: Deaton, Levitt, Miller, Shanks, Sloan NOES: None Motion carried ADJOURNMENT With no objection, the Mayor adjourned the joint City Council and Seal Beach Public Financing Authority meeting at 8:57 p.m. P■ hority Chair • 0-X)1.4 ji/Y164.1 City Clerk/Secretary City of Seal Beach Page 2 - SBPFA 03/28/11