2014 01 22 OB MinutesOVERSIGHT BOARD
OF THE SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
1TTP►1lll *�
WEDNESDAY, JANUARY 22, 2014
A meeting of the Oversight Board of the Successor Agency to the La Quinta
Redevelopment Agency was called to order at 2:04 p.m. by Chairperson Pena.
PRESENT: Board Members Marshall (arrived at 2:05) Maysels, McDaniel,
Osborne and Chair Pena
ABSENT: Board Members Howell and Nelson
STAFF PRESENT: Frank J. Spevacek, Executive Director of the Successor Agency,
Kathy Jenson, City Attorney, Patrick Griffin, Interim Finance
Director, Chris Escobedo, Assistant to the City Manager, John
McMillan, Tall Man Group
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA — Confirmed
APPROVAL OF MINUTES
Motion — A motion was made by Board Members Maysels /Osborne to approve the
Oversight Board Minutes of October 2, 2013, as submitted. Motion passed
BUSINESS SESSION
1. RESOLUTION FINDING THAT EACH LOAN ENTERED INTO BETWEEN THE
CITY OF LA QUINTA AND THE FORMER LA QUINTA REDEVELOPMENT
AGENCY WAS FOR A LEGITIMATE REDEVELOPMENT PURPOSE AND THAT
SUCH LOANS ARE-ENFORCEABLE OBLIGATIONS
RESOLUTION NO. OB 2014 — 001
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO LA QUINTA REDEVELOPMENT
AGENCY FINDING THAT EACH LOAN ENTERED INTO
BETWEEN THE CITY OF LA QUINTA AND THE FORMER
LA QUINTA REDEVELOPMENT AGENCY WAS FOR A
LEGITIMATE REDEVELOPMENT PURPOSE AND THAT
SUCH LOANS ARE ENFORCEABLE OBLIGATION
MOTION — A motion was made by Board Members Marshall /McDaniel to
adopt Resolution No. OB 2014 -001. Motion passed 5 ayes, 0 noes, 2
absent.
2. RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR AGENCY
TO THE LA QUINTA REDEVELOPMENT AGENCY APPROVING THE LONG
RANGE PROPERTY MANAGEMENT PLAN WHICH GOVERNS THE
DISPOSITION AND USE OF REAL. PROPERTIES ACQUIRED BY THE
DISSOLVED LA QUINTA REDEVELOPMENT AGENCY
RESOLUTION NO. OB 2014 — 002
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY. TO THE LA QUINTA
REDEVELOPMENT AGENCY APPROVING THE LONG
RANGE PROPERTY MANAGEMENT PLAN PURSUANT TO
HEALTH AND SAFETY CODE SECTION 34191.5(c)
MOTION — A motion was made by Board Members Marshall /Maysels to
adopt Resolution No. OB 2014 -002. 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 Maysel /Osborne
to adjourn this meeting at 2:28 p.m. Motion passed unanimously.
Respectfully submitted,
Pam Nieto
Oversight Board Secretary
OVERSIGHT BOARD MEETING 2 January 22, 2014