2014 02 19 OB MinutesOVERSIGHT BOARD
OF THE SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, FEBRUARY 19, 2014
A meeting of the Oversight Board of the Successor Agency to the La Quinta
Redevelopment Agency was called to order at 2:00 p.m. by Vice Chairperson
Osborne.
PRESENT: Board Members Howell, Maysels, McDaniel, Nelson and Vice
Chair Osborne
ABSENT: Board Members Marshall and Chair Pena.
STAFF PRESENT: Frank J. Spevacek, Executive Director of the Successor Agency,
Kathy Jenson, City Attorney, Amy McCormick, Business
Analyst
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA — Confirmed
APPROVAL OF MINUTES
Due to only three votes to approve the minutes of January 22, 2014 with changes
and two members abstaining due to their absence at the meeting of January 22,
2014 this item has been moved to the next Oversight Board meeting of March 5,
2014.
BUSINESS SESSION
1. RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY
TO THE LA QUINTA REDEVELOPMENT AGENCY APPROVING THE
SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FOR THE PERIOD OF
JULY 2014 THROUGH DECEMBER 2014
RESOLUTION NO. OB 2014 — 003
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY 'TO THE LA QUINTA
REDEVELOPMENT AGENCY APPROVING THE
SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FOR
THE PERIOD OF JULY 2014 THROUGH DECEMBER 2014
MOTION — A motion was made by Board Members Howell /Maysels to adopt
Resolution No. OB 2014 -003. Motion passed 5 ayes, 0 noes, 2 absent.
2. RESOLUTION APPROVING RECOGNIZED OBLIGATION PAYMENT
SCHEDULE OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY TO
THE FORMER LA QUINTA REDEVELOPMENT AGENCY FOR THE PERIOD OF
JULY 2014 THROUGH DECEMBER 2014
RESOLUTION NO. OB 2014 — 004
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE LA QUINTA
REDEVELOPMENT AGENCY ADOPTING RECOGNIZED
OBLIGATION PAYMENT SCHEDULE 14 -15A FOR THE
PERIOD OF JULY 2014 THROUGH DECEMBER 2014
MOTION — A motion was made by Board Members Nelson /Maysels to adopt
Resolution No. OB 2014 -004. Motion passed 5 ayes, 0 noes, 2 absent.
REPORTS AND INFORMATION ITEMS - None
ADJOURNMENT
There being no further business, it was moved by Board Members Maysels /Howell
to adjourn this meeting at 2:16 p.m. Motion passed unanimously.
Respectfully submitted,
Pam Nieto
Oversight Board Secretary
OVERSIGHT BOARD MEETING 2 February 19, 2014