2001 06 19 FA Minutes LA QUINTA FINANCING AUTHORITY
MINUTES
JUNE lg, 2001
A meeting of the La Quinta Financing Authority was called to order by Chairman Pe~a.
PRESENT: Board Members Adolph, Henderson, Perkins, Sniff, Chairman Pe~a
ABSENT: None
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA - Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Sniff/Adolph to approve the Minutes of
May 15, 2001, as submitted. Motion carried unanimously.
CONSENT CALENDAR
1. TRANSMITTAL OF TREASURER'S REPORT DATED APRIL 30, 2001.
2. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED APRIL 30,
2001.
MOTION - It was moved by Board Members Sniff/Adolph to approve the
Consent Calendar as recommended. Motion carried unanimously.
BUSINESS SESSION
1. CONSIDERATION OF A RESOLUTION ADOPTING THE INVESTMENT POLICY
OF THE CITY OF LA QUINTA FOR FISCAL YEAR 2001/2002.
RESOLUTION NO. FA 2001-01
A RESOLUTION OF THE LA QUINTA FINANCING AUTHORITY OF THE CITY OF
LA QUINTA, CALIFORNIA, APPROVING AND ADOPTING THE AMENDED
INVESTMENT POLICY FOR FISCAL YEAR 2001/2002.
Financing Authority Minutes 2 June 19, 2001
It was moved by Board Members Sniff/Adolph to adopt Resolution No.
FA 2001-01 as submitted. Motion carried with Board Members Henderson and
Perkins voting NO.
DEPARTMENT REPORTS - None
CHAIR AND BOARD MEMBERS' ITEMS - None
PUBLIC HEARINGS - None
ADJOURNMENT
There being no further business, it was moved by Board Members Sniff/Adolph to
adjourn the meeting. Motion carried unanimously.
Respectfully submitted,
JUNE S. GREEK, Secretary
La Quinta Financing Authority