2013 06 05 OB MinutesOVERSIGHT BOARD
OF THE SUCCESSOR AGENCY TO
LA QUINTA REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY. JUNE 5. 2013
A regular meeting of the Oversight Board of the Successor Agency to La Quinta
Redevelopment Agency was called to order at 2:02 p.m. by Chairperson Pena..
PRESENT: Board Members Ellis, Maysels, Nelson, Osborne, Chair Pena
ABSENT: Board Member Marshall and McDaniel
STAFF PRESENT: Frank J. Spevacek, Executive Director of the Successor Agency,
Kathy Jenson, City Attorney
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA - Confirmed
APPROVAL OF MINUTES
Motion - A motion was made by Board Members Ellis / Maysels to approve the
Oversight Board Minutes of March 13, 2013, as submitted. Motion passed
BUSINESS SESSION
1. Resolution of the Oversight Board of the Successor Agency to La Quinta
Redevelopment Agency approving the issuance and sale of Subordinate Tax
Allocation Refunding Bonds by the Successor Agency to the La Quinta
Redevelopment Agency and authorizing certain other actions in connection
therewith
RESOLUTION NO. OB 2013 -006
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO LA QUINTA REDEVELOPMENT
AGENCY APPROVING THE ISSUANCE AND SALE OF
SUBORDINATE TAX. ALLOCATION REFUNDING BONDS
BY THE SUCCESSOR AGENCY TO THE LA QUINTA
REDEVELOPMENT AGENCY AND AUTHORIZING
CERTAIN OTHER ACTIONS IN CONNECTION
THEREWITH
MOTION — A motion was made by Board Members Ellis /Nelson to adopt
Resolution No. OB 2013 -006. 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 Osborne /Maysels
to adjourn this meeting at 2:14 p.m. Motion passed unanimously.
Respectfully submitted,
Pam Nieto
Oversight Board Secretary
OVERSIGHT BOARD SPECIAL MEETING 2 March 13, 2013