ORD 383ORDINANCE NO. 383
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LA QUINTA,
CALIFORNIA, AMENDING CHAPTER 2.70, SECTION 2.70.010 OF THE
LA QUINTA CHARTER AND MUNICIPAL CODE RELATING TO THE
INVESTMENT ADVISORY BOARD
THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, DOES ORDAIN
AS FOLLOWS:
SECTION I. That Chapter 2.70, Section 2.70.010 B of the La Quinta Charter
and Municipal Code is hereby amended to read as follows:
2.70.010 . General rules regarding appointment and terms
A. Except as set out below, see Chapter 2.06 for general provisions.
B. The Investment Advisory Board (the "Board") is a standing board
composed of five members from the public that are appointed by the City Council.
SECTION II. The amendment to Section 2.70.010 relating to the La Quinta
residency requirement shall not be applied to the current members of the Board.
SECTION III. EFFECTIVE DATE: This Ordinance shall be in full force and effect
thirty (30) days after its adoption.
SECTION IV. POSTING: The City Clerk shall within fifteen (15) days after
passage of this Ordinance, cause it to be posted in at least three (3) public places
designated by resolution of the City Council; shall certify to the adoption and posting
of this Ordinance; and shall cause this Ordinance and its certification, together with
proof of posting to be entered into the Book of Ordinances of the City of La Quinta.
PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City
Council, held on this 3rd day of June, 2003, by the following vote:
AYES: Council Members Henderson, Osborne, Perkins, Sniff, Mayor Adolph
NOES: None
ABSENT: None
ABSTAIN: None
Ordinance No. 383
Investment Advisory Board
Adopted: June 3, 2003
Page 2
DON AD6LP-H,'NAyor
City of La Quinta, California
ATTEST:
JUN . GREEK, CMC, City Clerk
City of La Quinta, California
(CITY SEAL)
APPROVED AS TO FORM:
00 /LT-7
. KATH RINE JENSON, ity Attorney
City of La Quinta, California
Ordinance No. 383
Investment Advisory Board
Adopted: June 3, 2003
I page 3
F
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss.
CITY OF LA QUINTA )
I, JUNE S. GREEK, City Clerk of the City of La Quinta, California, do hereby certify the
foregoing to be a full, true and correct copy of Ordinance No. 383 which was
introduced at a regular meeting held on the 20' day of May, 2003, and was adopted
at a regular meeting held on the 3d day of June, 2003, not being less than 5 days
after the date of introduction thereof.
I further certify that the foregoing Ordinance was posted in three places within the City
of La Quinta as specified in a Resolution of the City Council.
JURTFGREEK, CMC, i erk
City of La Quinta, California