OK, I WILL CALL THE MEETING TO ORDER AT 9:01 AM.
[00:00:08]
ERIK DO I TURN IT OVER TO YOU OR TO BOB? [INAUDIBLE][2. Approval of Minutes – May 6, 2020]
WELL, FIRST YOU HAVE THE APPROVAL OF MINUTES.MOTION TO APPROVE. I'LL SECOND IT.
ALL IN FAVOR. RAISE YOUR HAND, PLEASE.
[3. Presentation of draft Amended and Restated Infrastructure Financing Plan (IFP) – Per the Authority’s direction, staff has prepared a draft IFP which includes Los Angeles County’s participation, which was approved by their Board of Supervisors on January 14, 2020. The Authority held a public hearing on May 6, 2020 with no comments received. Staff Recommendation: Per State Law, the Authority Board should open the public hearing, accepting any public comment on the draft IFP, and then take action to modify or reject the IFP pursuant to Government Code Section 53398.66]
OK. THE NEXT ITEM, THE PRESENTATION OF THE DRAFT AMENDED AND RESTATED INFRASTRUCTURE FINANCING PLAN. AS YOU RECALL, AT THE LAST MEETING, WE HELD A PUBLIC HEARING OFFICIALLY AS PER STATE LAW WITH NO COMMENTS RECEIVED.THIS IS THE SECOND OF THREE PUBLIC HEARINGS THAT ARE REQUIRED TO BE HELD ON THIS HEARING TODAY IS SPECIFICALLY FOR THE AUTHORITY TO DETERMINE IF YOU WANT TO REJECT THE IFP ALTOGETHER OR MAKE MODIFICATIONS TO IT BASED ON ANY PUBLIC COMMENT RECEIVED AT THE LAST MEETING, WHICH, OF COURSE THERE WAS NONE.
OR ANY SUBSEQUENT PUBLIC COMMENTS THAT YOU MIGHT HAVE RECEIVED, WHICH AGAIN, WE HAVE NOT RECEIVED ANY PUBLIC COMMENTS TO DATE ON THIS ITEM.
SO WITH THAT, BASICALLY THE AUTHORITIES JUST ASKED TO BASICALLY VOTE TO CONTINUE THIS ITEM ON THE THIRD AND FINAL PUBLIC HEARING, AT WHICH TIME YOU COULD FORMALLY ADOPT THE DRAFT INFRASTRUCTURE FINANCING PLAN AS ADOPTED AFTER HOSTING A PROTEST HEARING SO THAT THE PROPERTY OWNERS WITHIN THE DISTRICT HAVE AN OPPORTUNITY TO PROTEST THE CREATION OR THE APPROVAL OF THE IFP AT THAT LAST THIRD MEETING, WHICH IS CURRENTLY SCHEDULED FOR WEDNESDAY, JULY 29TH.
OK. DO YOU JUST NEED CONSENSUS OR DO YOU NEED A MOTION? [INAUDIBLE] MOTION I ASSUME.
WELL, YOU COULD MAKE A MOTION TO.
NO, WE DON'T. WE DON'T REALLY NEED A MOTION.
OK. IF THERE'S A MOTION TO AMEND IT OR TO REJECT IT, THEN YOU'D NEED A MOTION.
BUT IF YOU'RE NOT GOING TO DO ANYTHING, STATE LAW DOESN'T REQUIRE YOU TO DO ANYTHING.
OK. SO WHY DON'T WE TAKE CONSENSUS FROM THE MEMBERS AND TO MOVE IT ONTO THE THIRD LEVEL OF THE HEARING? YES.
RAISE YOUR HAND. ALL IN AGREEMENT MOVING FORWARD.
DO YOU AGREE, RAY? I AGREE. OK.
SO WE'LL MOVE FORWARD TO THE THIRD STEP.
WE DO HAVE A PUBLIC COMMENT ON THE AGENDA TONIGHT FOR ITEMS NOT ON THE AGENDA.
WE HAVE NOT RECEIVED ANY E-MAILS ON THAT END EITHER.
SO IF YOU WANT TO GIVE IT 30 SECONDS JUST TO MAKE SURE NOTHING ELSE COMES IN? OK, AND WE'LL DO THAT.
AS YOU KNOW SUPERVISOR PARKER IS THE FIFTH MEMBER.
WE DID NOT REALLY EXPECT, ALTHOUGH SHE WAS INVITED TO PARTICIPATE IN THESE FIRST TWO, WE HAVE KIND OF COORDINATED FOR THE NEXT MEETING AROUND HER SCHEDULE.
OBVIOUSLY, THAT'S ALL SUBJECT TO CHANGE.
BUT WE FULLY EXPECT THAT AT THAT MEETING, WHEN THE ACTUAL ADOPTION WILL OCCUR, SHE WILL BE ABLE TO PARTICIPATE, WHETHER IT BE REMOTELY OR WHATEVER MECHANISM WE WILL BE HOLDING A MEETING. SO WE'RE HOPEFUL THAT THAT WILL HAPPEN.
AND WE'LL BE SURE TO COORDINATE WITH HER STAFF AS WE GET CLOSER.
ANY PUBLIC COMMENT? NO COMMENTS HAVE BEEN RECEIVED.
OK. THANK YOU. IS THERE ANY COMMENTS FROM THE MEMBERS.
LOOKING FORWARD THAT THIS IS GOING FORWARD AND MOVING FORWARD QUICKLY.
THEN AT THIS POINT, THEN WE CAN ADJOURN THE MEETING.
AT 9:04. OK.
* This transcript was compiled from uncorrected Closed Captioning.