2012 10 03 OB MinutesOVERSIGHT BOARD OF THE SUCCESSOR AGENCY
TO LA QUINTA REDEVELOPMENT AGENCY
ACTION MINUTES
Regular Meeting
WEDNESDAY, OCTOBER 3, 2012 at 2:00 P.M.
ROLL CALL - Present: Board Members Marshall, Maysels, McDaniel,
Nelson, Osborne and Chairperson Pena
Absent: Board Member Ellis - Board voted unanimously to
excuse Board Member Ellis
CONFIRMATION OF AGENDA - Confirmed with one addition from staff regarding
future meeting dates.
APPROVAL OF MINUTES
1. A motion was made by Board Members Marshall /Nelson to approve the
minutes from the August 8, 2012 Oversight Board meeting as submitted.
Motion carried unanimously.
PUBLIC COMMENT SESSION
1. Receive Public Comments Regarding Low - Moderate Income Housing Fund
Due Diligence Review Pursuant to AB 1484
No public comment.
BUSINESS ITEMS
1. Adoption of a Resolution Approving the Successor Agency Administrative
Budget for January 2013 through June 2013
A motion was made by Nelson /McDaniel to adopt Resolution No. OB 2012-
015, a Resolution of the Oversight Board of the Successor Agency to La
Quinta Redevelopment Agency Adopting the Successor Agency
Administrative Budget for January 2013 through June 2013.
RESOLUTION NO. OB 2012 -015
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO LA QUINTA REDEVELOPMENT
AGENCY APPROVING THE SUCCESSOR AGENCY
ADMINISTRATIVE BUDGET FOR THE PERIOD OF
JANUARY 2013 THROUGH JUNE 2013
Motion carried 6 ayes, 0 nays, 1 absent.
FUTURE MEETING DATES
Staff indicated that the October 17, 2012, November 7, 2012 and November 21"
meetings will be cancelled. However, the Oversight Board will need to hold a
special meeting on Wednesday, October 10, 2012 at 2:00 p.m. to approve the
Low- Moderate Income Housing Fund Due Diligence Review Pursuant to AB 1484.
ADJOURNMENT — 2:18 p.m.
A motion was made by Board Members Maysels /Osborne to adjourn. Motion
passed unanimously.
Respectfully submitted,
�f 1v
Lori Lafond
Oversight Board Sec a ry
OVERSIGHT BOARD ACTION MINUTES 2 OCOTBER 3, 2012