HomeMy WebLinkAbout2012-06-12 OB Agenda Item No. 5OVERSIGHT BOARD TO THE
SUCCESSOR AGENCY OF THE REDEVELOPMENT
AGENCY OF THE CITY OF LAKE ELSINORE
TO: MEMBERS OF THE OVERSIGHT BOARD
FROM: BARBARA LEIBOLD, SUCCESSOR AGENCY COUNSEL
DATE: JUNE 12, 2012
SUBJECT: CONSIDERATION OF CANCELLATION OF JUNE 26, 2012
REGULAR MEETING
Backaround
By Resolution OB- 2012 -001, the Oversight Board established the date, time and
location of the Oversight Board's regular meetings for the 2nd and 4'�' Tuesdays of
each month at 3:30 p.m. to be held at the Lake Elsinore Cultural Center.
Discussion
The next regularly scheduled meeting will be June 26, 2012. Successor Agency
staff and legal counsel are working with the Successor Agency to evaluate all
real property owned by the Successor Agency and to propose a process for
disposition of such property in accordance with ABx1 26.
While staff anticipates making significant progress on these issues in the next
two weeks as well as continuing to wind down the affairs of the Successor
Agency, cancellation of the regularly scheduled meeting of June 26 would allow
the Successor Agency an opportunity to meet prior to the next Oversight Board
meeting and allow staff to present a full Agenda to the Oversight Board.
Recommendation
It is recommended that the Oversight Board cancel its regularly scheduled
meeting of June 26, 2012.
Prepared and approved by: Barbara Leibold,
City Attorney /Successor Agency Counsel
AGENDA ITEM 5 Page 1