OPENING:
ROLL CALL:
Commissioners:
Staff:
UNOFFICIAL UNTIL
APPROVED BY CITY COUNCIL
CITY OF PASADENA
Successor Agency to the
Pasadena Community Development Commission Minutes
June 12, 2023-4:30 P.M.
City Hall Council Chamber
Chair Gordo called the regular meeting of the Board of Directors to order at 5:33 p.m.
Chair Victor M. Gordo
Vice Chair Felicia Williams
Member Tyron Hampton
Member Justin Jones
Member Jason Lyon
Member Steve Madison (Absent)
Member Gene Masuda
Member Jessica Rivas
Executive Director Miguel Marquez
General Counsel Michele Beat Bagneris
Secretary Mark Jomsky
PUBLIC COMMENT
CONSENT CALENDAR
No one appeared for public comment.
FINANCE COMMITTEE: JOINT ACTION: FISCAL YEAR
2023-2024 INVESTMENT POLICY AND INVESTMENT
STRATEGY (Finance Dept.)
Recommendation: It is recommended that the City Council and the Successor Agency to the Pasadena Community
Development Commission:
(1) Find that the proposed action in the agenda report is not a project subject to the California Environmental Quality Act (CEQA) as defined in Section 21065 of CEQA and Section
15378 of the State CEQA Guidelines, and as such, no
environmental document pursuant to CEQA is required for the project; and
(2) Adopt the City Treasurer's recommended Investment Policy and Investment Strategy for Fiscal Year (FY) 2023-2024.
FINANCE COMMITTEE: AUTHORIZATION TO ENTER INTO
A CONTRACT WITH LANCE, SOLL & LUNGHARD LLP FOR
AUDIT SERVICES FOR FISCAL YEARS 2023 - 2025, WITH
TWO ONE-YEAR OPTIONS (Finance Dept.)
Recommendation: It is recommended that the City Council and the Successor Agency to the Pasadena Community
Development Commission:
(1) Find that the proposed action in the agenda report is not a project subject to the California Environmental Quality Act (CEQA) as defined in Section 21065 of CEQA and Sections 15060(c)(2), 15060(c)(3), and 15378 of the State CEQA
Guidelines, and as such, no environmental document pursuant to CEQA is required for the project;
(2) Authorize the City Manager to enter into a contract, as a result of a competitive selection process pursuant to Pasadena Successor Agency to the
PCDC Minutes
106/12/2023
MINUTES APPROVED
Municipal Code Section 4.08.047, with Lance Soil & Lunghard LLP (LSL) to perform the annual audits of the financial statements for the City of Pasadena, the Successor to the Pasadena Community Development Commission (PCDC), the
Rose Bowl Operating Company (RBOC), the Pasadena Center Operating Company (PCOC), the Pasadena Community Access Corporation (PCAC), the Pasadena Rental hlousing Board, the City's Air Quality Improvement fund, the City's Housing Successor fund, the Foothill Workforce Development Board fund, and other agreed to procedures using an "enhanced" audit methodology in an amount of $730,670 for three years; and (3) Authorize the City Manager to award two one-year
extensions, Fiscal Years (FY) 2026 for an amount of $258,290 and FY 2027 for an amount of $246,250.
May 15,2023
May 22, 2023
May 29, 2023
It was moved by Member Hampton, seconded by Vice Chair
Williams, to approve the above Consent Calendar items, as submitted: (Motion unanimously approved) (Absent: Member Madison)
On order of the Chair, the regular meeting of the Successor Agency to the Pasadena Community Development Commission adjourned at 8:36 p.m.
ATTEST:
Victor M. Gordo, Chair
Successor Agency to the
Pasadena Community Development Commission
Secretary
Successor Agency to the
PCDC Minutes
206/12/2023