2015 02 18 OB Minutes CONSENT ITEM #1
OVERSIGHT BOARD
OF THE SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, FEBRUARY 18, 2015
A meeting of the Oversight Board of the Successor Agency to the La Quinta
Redevelopment Agency was called to order at 2:01 p.m. by Vice Chair Osborne.
PRESENT: Board Members Henderson, Howell, Maysels, Nelson, Novak,
Vice Chair Osborne,
ABSENT: Board Member Marshall
STAFF PRESENT: William Ihrke, City Attorney, Frank J. Spevacek, Executive
Director of the Successor Agency
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA – Confirmed
PRESENTATIONS - None
APPROVAL OF MINUTES
Motion – A motion was made by Board Members Novak/Maysels to approve the
Oversight Board Minutes of September 17, 2014, as submitted. Motion passed,
with Henderson/Howell abstaining.
BUSINESS SESSION
1. A motion was made by Henderson/Maysels to elect Lee Osborne as the
Chairman of the Oversight Board. Motion passed unanimously. Board
Member Peter Nelson volunteered to be the Vice Chairman. Motion was
made by Osborne/Henderson. Motion passed unanimously
2. ADOPT RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR
AGENCY TO THE LA QUINTA REDEVELOPMENT AGENCY APPROVING A
RECOGNIZED OBLIGATION PAYMENT SCHEDULE FOR THE PERIOD OF
JULY 1 THROUGH DECEMBER 31, 2015 (Resolution No. OB 2015-001)
OVERSIGHT BOARD MEETING 2 February 18, 2015
RESOLUTION NO. OB 2015-001
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE LA QUINTA
REDEVELOPMENT AGENCY ADOPTING RECOGNIZED
OBLIGATION PAYMENT SCHEDULE 15-16A FOR THE
PERIOD OF JULY 1, 2015 THROUGH DECEMBER 31,
2015
MOTION – A motion was made by Board Members Novak/Henderson to
adopt Resolution No. OB 2015-001. Motion passed 6 ayes, 0 noes, 1
absent.
3. ADOPT 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 1, 2015 THROUGH DECEMBER 31, 2015 (Resolution No. OB 2015-
002)
RESOLUTION NO. OB. 2015-002
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 1, 2015 THROUGH DECEMBER
31, 2015
MOTION – A motion was made by Board Members Howell/Maysels to adopt
Resolution No. OB 2015-002. Motion passed 6 ayes, 0 noes, 1 absent
REPORTS AND INFORMATION ITEMS – None
ADJOURNMENT
There being no further business, it was moved by Board Members
Henderson/Howell to adjourn the meeting at 2:11 p.m. Motion passed
unanimously.
Respectfully submitted,
Pam Nieto
Oversight Board Secretary