December 17, 2024
1 (NOT APPROVED)
CITY OF SANTA MONICA
REDEVELOPMENT SUCCESSOR AGENCY MEETING MINUTES
DECEMBER 17, 2024
A special meeting of the Santa Monica Redevelopment Successor Agency was called to order by Chair Negrete at 9:15 p.m., on Tuesday, December 17, 2024, at City Council Chambers, 1685 Main Street.
Roll Call: Present: Chair Lana Negrete
Chair Pro Tem Caroline Torosis (Remote)
Agency Member Jesse Zwick
Agency Member Dan Hall
Agency Member Ellis Raskin
Agency Member Natayla Zernitskaya
Absent: Agency Member Barry Snell
Also Present: Executive Director David White
Agency Attorney Douglas Sloan
Agency Secretary Nikima S. Newsome
CONVENE On order of the Chair, the Redevelopment Successor Agency convened at 8:46 p.m., with all members present, except Agency Member Snell.
REPORT ON MEETING
COMPENSATION
Pursuant to State law, Agency Secretary Nikima S. Newsome announced that members will receive no compensation for meeting as the Redevelopment Successor Agency.
PUBLIC INPUT FOR
CONSENT CALENDAR
ONLY:
Member of the public Denise Barton commented on Consent Calendar items.
CONSENT CALENDAR:
JOINT MEETING WITH
THE REDEVELOPMENT
SUCCESSOR AGENCY
There being a Consent Calendar for the Redevelopment Successor Agency and the City Council, the two Consent Calendars were heard concurrently. All items were considered and approved in one motion unless removed by a member for discussion.
At the request of Agency Member Raskin, Item 5.C. was removed from December 17, 2024
2 the Consent Calendar.
Motion by Chair Pro Tem Torosis, seconded by Agency Member Hall, to approve the Consent Calendar except for Item 5.C, reading resolutions by title only and waiving further reading thereof. The motion was approved by the following vote:
AYES: Agency Members Zernitskaya, Raskin, Hall, Zwick,
Chair Pro Tem Torosis, Chair Negrete
NOES: None
ABSENT: Agency Member Snell
ANNUAL HOUSING
REPORT
5.X. Annual Report on Low-Mod Income Housing Asset Fund, was presented.
Recommended Action
Staff recommends that the Redevelopment Successor Agency:
1. Receive the Annual Report on the Low- and Moderate-Income Housing Asset Fund for Fiscal Year 2023-24 and authorize the City Manager to post the report on the City's website by December 31, 2024; and
2. Direct the City Manager to present the independent audit of the Low and Moderate-Income Housing Asset Fund to the City
Council upon completion of the independent audit of the City’s Annual Comprehensive Financial Report (ACFR) and authorize the City Manager to post the results of the audit on the City's website after presentation to City Council.
RECOGNIZED
OBLIGIATION
PAYMENT SCHEDULE
5.Y. Approval of Annual Recognized Obligation Payment
Schedule (ROPS), was presented.
Recommended Action
Staff recommends that the Redevelopment Successor Agency:
1. Adopt Resolution No. 45 (SA) and No. 46 (SA) approving the Agency’s recognized obligation payment schedule and
administrative budget for July 1, 2025 through June 30, 2026.
2. Adopt a finding that the recognized obligation payment schedule is not a “project” subject to the California Environmental Quality Act (CEQA)
MINUTES 5.Z. Minutes for Redevelopment Successor Agency Meeting, were approved.
December 17, 2024
3 Recommended Action
Staff recommends that the Redevelopment Successor Agency approve the minutes of the February 13, 2024 meeting.
ADJOURNMENT: On order of the Chair, the Redevelopment Successor Agency meeting was adjourned at 9:19 p.m.
ATTEST: APPROVED:
Nikima S. Newsome Lana Negrete
Agency Secretary Chair