OPENING:
ROLL CALL:
Commissioners:
Staff:
UNOFFICIAL UNTIL
APPROVED BY CITY CIT^ OF PASADENA
Successor Agency to the
Pasadena Community Development Commission Minutes
February 23, 2026 -5:00 P.M.
City Hall Council Chamber
Chair Gordo called the regular meeting of the Board of Directors to order at 6:48 p.m.
Chair Victor M. Gordo
Vice Chair Jessica Rivas
Member Rick Cole
Member Tyron Hampton
Member Justin Jones
Member Jason Lyon (arrived at 7:15 p.m.)
Member Steve Madison
Member Gene Masuda
Executive Director Miguel Marquez
General Counsel Michele Beat Bagneris
Secretary Mark Jomsky
PUBLIC COMMENTNo one appeared for public comment.
FINANCE/AUDIT COMMITTEE: RECEIVE AND FILE THE
FISCAL YEAR JUNE 30, 2025 ANNUAL FINANCIAL REPORTS
(Finance Dept.)
Recommendation: It is recommended that the City Council and/or the Successor Agency to the Pasadena Community
Development Commission review, discuss and file the following reports for the year ended June 30, 2025.
(A) Annual Comprehensive Financial Report
(B) Independent Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards (This replaces what was called the "Management Letter.")
(C) Pasadena Center Operating Company Financial Statements (D) Rose Bowl Operating Company Basic Financial Statements (E) Pasadena Community Access Corporation Financial
Statements
(F) Pasadena Fire and Police Retirement System A Pension Trust Fund of the City of Pasadena, California Financial Statements
(G) City of Pasadena, California Air Quality Management District Fund Financial Statements
(H) Pasadena Housing Successor Pasadena, California
Financial Statements
(I) City of Pasadena, California Foothill Workforce
Development Board Financial Statements
Successor Agency to the
PCDC Minutes
102/23/2026
MINUTES APPROVED
MOTION:
(J) Independent Accountants' Report; on Agreed-Upon
Procedures Applied to Appropriations Limit Worksheets
(K) Independent Accountants' Report on Applying Agreed-Upon Procedures for review of Deferred Compensation
(L) The Auditors' Communications with the City's Finance/Audit Committee
January 26, 2026
It was moved by Member Cole, seconded by Member Masuda, to approve the Consent Calendar Items. (Motion unanimously approved) (Absent: None)
On order of the Chair, the meeting of the Successor Agency to the Pasadena Community Development Commission adjourned at
9:58 p.m.
ATTEST:
Victor M. Gordo, Chair
Successor Agency to the
Pasadena Community Development Commission
Secretary
Successor Agency to the
PCDC Minutes
2 02/23/2026