Title
Adopt a Resolution to approve the Conflict of Interest Code of the Consolidated Oversight Board for the County of Monterey.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors, as the code reviewing body, adopt a Resolution to approve the Conflict of Interest Code of the Consolidated Oversight Board for the County of Monterey.
SUMMARY:
The California Political Reform Act requires newly formed local agencies to adopt a conflict of interest code and to submit these codes to the code reviewing body for approval, upon which the codes become effective and binding. (Gov. Code ?? 87300 and 87303). Because the jurisdiction of the newly formed Consolidated Oversight Board for the County of Monterey (the Oversight Board) is wholly within the County of Monterey, the Board of Supervisors is the designated code reviewing body. (Gov. Code ? 82011(b).) The Oversight Board has adopted a conflict of interest code and submitted it to the Board for its approval.
DISCUSSION:
The Oversight Board was established in accordance with California Health and Safety Code section 34179(j) to oversee the activities of the ten redevelopment successor agencies in Monterey County, thereby replacing all other redevelopment successor agency oversight boards, effective July 1, 2018. The Oversight Board has fiduciary responsibility to the holders of enforceable obligations and the taxing entities that benefit from distributions of property tax and other revenues. (Health and Safety Code, ? 34179(i).).
On August 21, 2019, the Oversight Board adopted a conflict of interest code (Attachment B), by resolution (Attachment C). It has submitted the conflict of interest code to the Monterey County Board of Supervisors for consideration and approval.
Pursuant to section 87303 of the Government Code, the Board of Supervisors may approve the code as submitted, revise the proposed code and approve it as revised, or return the proposed code to the Oversight Board for revision...
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