2013 10 02 OB MinutesOVERSIGHT BOARD
OF THE SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, OCTOBER 2, 2013
A special meeting of the Oversight Board of the Successor Agency to La Quinta
Redevelopment Agency was called to order at 2:05 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,
Kathy Jenson, City Attorney
Robbeyn Bird, Finance 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 Osborne / Maysels to approve the
Oversight Board Minutes of September 25, 2013 as submitted. Motion passed.
CONSENT ITEMS —NONE
BUSINESS SESSION
1. Adopt a resolution approving the Issuance and Sale of Subordinate Tax
Allocation Refunding Bonds.
RESOLUTION NO. OB 2013 - 009
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE 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 Osborne /Maysels to
adopt Resolution No. OB 2013 -009. Motion passed 5 ayes, 0 noes, 1
absent.
STUDY SESSION - NONE
REPORTS AND INFORMATION ITEMS - NONE
CHAIR AND BOARD MEMBERS' ITEMS
EXECUTIVE DIRECTOR ITEMS
ADJOURNMENT
There being no further business, it was moved by Board Members Nelson /Maysels
to adjourn this meeting at 2:15 p.m. Motion passed unanimously.
Respectfully submitted,
QIA o
Pam Nieto
Oversight Board Secretary
OVERSIGHT BOARD SPECIAL MEETING 2 October 2, 2013