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HomeMy WebLinkAboutRDA Min 2008-02-11Seal Beach, California February 11, 2008 The Redevelopment Agency of the City of Seal Beach met in regular session with Mayor Antos calling the Regular City Council and Seal Beach Redevelopment Agency meeting to order at 7:00 p.m. Chairman Shanks convened the Redevelopment Agency at 7:55 p.m. Present: Mayor/RDA Board Member Antos Councilmembers/RDA Board Members Levitt, Shanks, Sloan, Ybaben Also present: David Carmany, City Manager/Executive Director Quinn Barrow, City Attorney/Legal Counsel June Yotsuya, Assistant City Manager Lee Whittenberg, Dir. of Development Services Vince Mastrosimone, Director of Public Works Robbeyn Bird, Director of Administrative Services Lieutenant Tim Olson, Police Department Captain Joe Bailey, Lifeguard Michael Ho, City Engineer Andy Tse, Personnel Manager OCFA Battalion Chief McMasters Linda Devine, City Clerk/Agency Secretary AGENCY MINUTES Levitt moved, second by Ybaben, to approve the RDA minutes regular meeting held on January 14, 2008. AYES: Antos, Levitt, Shanks, Sloan, Ybaben NOES: None Motion carried RESOLUTION NUMBER 08-02 /OPEN INVESTMENT ACCOUNT Ybaben moved, second by Antos, to adopt Resolution Number 08-02 entitled "A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SEAL BEACH AUTHORIZING INVESTMENT OF MONIES IN THE LOCAL AGENCY INVESTMENT FUND (Superseding Resolution No. 08-01). By unanimous consent, full reading of Resolution Number 08-02 was waived. AYES: Antos, Levitt, Shanks, Sloan, Ybaben NOES: None Motion carried 2007 ANNUAL FINANCIAL REPORT Antos moved, second by Levitt, to receive and file the 2007 Annual Financial Report. The audit firm of Moreland and Associates, Inc. completed the annual audit of the Seal Beach Redevelopment Agency for the fiscal year ended June 30, 2007 and there were no., findings of reportable conditions or material weakness in internal control over financial reporting or instances of non- compliance with certain provisions of laws, regulations, contracts or grants, which could have a direct and material effect on the determination of financial statement amounts. AYES: Antos, Levitt, Shanks, Sloan, Ybaben NOES: None Motion carried ADJOURNMENT With no objection it was the order of the Chair to adjourn the Redevelopment Agency meeting at 7:56 p.m. Mayor Antos reconvened the City Council meeting. ity Clerk Secretary City of Seal Beach air n