CLEARLAKE, Calif. – The Clearlake Redevelopment Oversight Board will hold a special meeting this week to discuss a loan agreement and an obligations payment schedule.
The meeting will begin at 9 a.m. Thursday, Feb. 27, in the council chambers at Clearlake City Hall, 14050 Olympic Drive.
Board members will review and consider a resolution approving a revised loan agreement between the city and the redevelopment successor agency.
The board also will review and consider a resolution approving the recognized obligation payment schedule for 2014-15 – specifically, July to December 2014 – and submittal of that schedule to the California Department of Finance.
In other business, the oversight board will review the state controller’s final asset transfer review for Jan. 1, 2011, to Jan. 31, 2012, as well as successor agency action to implement the State Controller’s Office orders.
Oversight board members include Clearlake City Councilman Joey Luiz, City Manager Joan Phillipe, Supervisor Jeff Smith, Lake County Fire Protection District Chief Willie Sapeta, Member-At-Large Bill Perkins, Lake County Board of Education Retired Superintendent Bill Cornelison and Yuba College Chancellor’s Office V. Richard Savarese.
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