HomeMy WebLinkAboutOB Agenda Item 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: AUGUST 28, 2012
SUBJECT: CONSIDERATION OF CANCELLATION OF SEPTEMBER 11,
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 of the Oversight Board is set for
September 11, 2012. The City Council of the City of Lake Elsinore has cancelled
its regular meeting on September 11, 2012.
While staff anticipates making', significant progress on independent counsel for
the Oversight Board and the administrative budget in the next few 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 September 11th would
assure staff enough time to compile responses to the request for proposal to hire
independent counsel, complete'the new administrative budget, 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 September 11, 2012,
Prepared and approved by: Barbara Leibold,
City Attomey /Successor Agency Counsel
AGENDA ITEM 5 Page 1