2013 09 25 OB MinutesOVERSIGHT BOARD
OF THE SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, SEPTEMBER 25, 2013
A special meeting of the Oversight Board of the Successor Agency to La Quinta
Redevelopment Agency was called to order at 3:32 p.m. by Chairperson Pena.
PRESENT: Board Members Marshall, Maysels, Nelson, Osborne, Chair Pena
ABSENT: Board Member McDaniel
STAFF PRESENT: Frank J. Spevacek, Executive Director of the Successor Agency,
Robbeyn Bird, Finance Director of the Successor Agency
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA — Confirmed
APPROVAL OF MINUTES
Motion — A motion was made by Board Members Maysels /Nelson to approve the
Oversight Board Minutes of June 5, 2013 as submitted. Motion passed.
BUSINESS SESSION
1. Adopt a resolution approving the Successor Agency Administrative Budget
for the period of January 2014 through June 2014.
RESOLUTION NO. OB 2013 - 007
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 JANUARY 2014 THROUGH JUNE 2014
MOTION - A motion was made by Board Members Nelson /Marshall to adopt
Resolution No. OB 2013 -007. Motion passed 5 ayes, 0 noes, 1 absent.
2. Adopt a Resolution approving a Recognized Obligation Payment Schedule for
the period of January 2014 through June 2014.
RESOLUTION NO. OB 2013 - 008
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE LA QUINTA
REDEVELOPMENT AGENCY ADOPTING RECOGNIZED
OBLIGATION PAYMENT SCHEDULE 13 -14B FOR THE
PERIOD OF JANUARY 2014 THROUGH JUNE 2014
MOTION — A motion was made by Board Members MarshalUMaysels to
adopt Resolution No. OB 2013 -008. Motion passed 5 ayes, 0 noes, 1
absent.
REPORTS AND INFORMATION ITEMS
Executive Director of the Successor Agency, Frank Spevacek gave a verbal update
on Successor Agency activities since the last Oversight Board meeting of June 5,
2013.
ADJOURNMENT
There being no further business, it was moved by Board Members Nelson /Maysels
to adjourn this meeting at 3:57 p.m. Motion passed unanimously.
espectful lyi(submitted,
Pam Nieto
Oversight Board Secretary
OVERSIGHT BOARD SPECIAL MEETING 2 September 25, 2013