HomeMy WebLinkAbout2012-07-24 OB Agenda Item No. 6OVERSIGHT 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: JULY 24, 2012
SUBJECT: CONSIDERATION OF CANCELLATION OF AUGUST 14, 2012
REGULAR MEETING
Background
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 4th 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 August 14, 2012. Successor
Agency staff and legal counsel are working with the Successor Agency to
prepare a ROPS for January through June 2013, which is now required by AB
1484 to be approved by the Oversight Board and submitted to the Department of
Finance (DOF), County Administrative Office and County Auditor Controller by
September 1, 2012. The format of and information on the ROPS will differ from
previous ROPS as it is to be prepared on a new form to be prescribed by DOF
and DOF has not yet published the new form.
While staff anticipates making significant progress on the ROPS in the next two
weeks as well as continuing to evaluate and comply with the requirements of
ABx1 26 and AB 1484, cancellation of the regularly scheduled meeting of August
14 would allow the Successor Agency an opportunity to meet prior to the next
Oversight Board meeting, assure staff enough time to compile any additional
information needed to complete the new form of ROPS, 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 August 14, 2012.
Prepared and approved by: Barbara Leibold,
City Attorney /Successor Agency Counsel
AGENDA ITEM 6 Page 1.