2016 01 20 OB MinutesOVERSIGHT BOARD
OF THE SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
MINUTES
WEDNESDAY, JANUARY 20, 2016
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 Nelson.
PRESENT: Board Members Henderson, Marshall, Maysels, Vice Chair Nelson
ABSENT: Board Members Howell, Novak, Chairperson Osborne
STAFF PRESENT: William Ihrke, City Attorney, Frank J. Spevacek, Executive Director
of the Successor Agency, Rita Conrad, City Finance Director
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA - Confirmed
PRESENTATIONS - None
APPROVAL OF MINUTES
There was not a quorum of members present who were in attendance at the
September 16, 2015 meeting to approve those minutes.
BUSINESS SESSION
1. ADOPT RESOLUTION APPROVING THE RECOGNIZED OBLIGATION
PAYMENT SCHEDULE FOR THE PERIOD OF JULY 1, 2016 THROUGH JUNE
30, 2017.
RESOLUTION NO. OB 2016 — 001
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE LA QUINTA REDEVELOPMENT
AGENCY ADOPTING RECOGNIZED OBLIGATION PAYMENT
SCHEDULE 16-17 FOR THE PERIOD OF JULY 1, 2016
THROUGH JUNE 30, 2017
MOTION - A motion was made and seconded by Board Members
Maysels/Marshall to adopt Resolution No. OB 2016-001. Motion passed 4 ayes,
0 noes, 3 absent.
1. ADOPT RESOLUTION APPROVING SUCCESSOR AGENCY ADMINISTRATIVE BUDGET
FOR THE PERIOD OF JULY 1, 2016 THROUGH JUNE 30, 2017.
RESOLUTION NO. OB. 2016-002
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,
2016 THROUGH JUNE 30, 2017
MOTION - A motion was made and seconded by Board Members
Henderson/Marshall to adopt Resolution No. OB 2016-002. Motion passed 4
ayes, 0 noes, 3 absent.
2. ADOPT RESOLUTION REDUCING THE FREQUENCY OF OVERSIGHT BOARD
MEEITNGS.
RESOLUTION NO. OB. 2016-003
A RESOLUTION OF THE OVERSIGHT BOARD OF THE
SUCCESSOR AGENCY TO THE LA QUINTA REDEVELOPMENT
AGENCY REDUCING THE FREQUENCY OF OVERSIGHT
BOARD MEETINGS
MOTION - A motion was made and seconded by Board Members Marshall/
Henderson to adopt Resolution No. OB 2016-003. Motion passed 4 ayes, 0 noes,
3 absent.
STUDY SESSION - None
REPORTS AND INFORMATIONAL ITEMS - None
CHAIR AND BOARD MEMBERS' ITEMS - None
EXECUTIVE DIRECTOR ITEMS - None
ADJOURNMENT - There being no further business, it was moved by Board Members
Maysels/Marshall to adjourn the meeting at 2:24 p.m. Motion passed 4 ayes, 0 noes, 3
absent.
Respectfully submitted,
OVERSIGHT BOARD MEETING 2 JANUARY 20, 2016
Teresa Thompson for Pam Nieto
Oversight Board Secretary
OVERSIGHT BOARD MEETING 3 JANUARY 20, 2016