2004 06 15 FA Minutes
LA QUINT A FINANCING AUTHORITY
- MINUTES
! JUNE 15, 2004
,
.
A regular meeting of the La Quinta Financing Authority was called to order
by Chairman Adolph.
PRESENT: Board Members Henderson, Osborne, Perkins, Sniff,
Chairman Adolph
ABSENT: None
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA - Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Sniff/Osborne to approve the
- Financing Authority Minutes of June 1, 2004 as submitted. Motion carried
unanimously.
CONSENT CALENDAR
1. TRANSMITTAL OF TREASURER'S REPORT DATED APRIL 30, 2004.
2. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED
APRIL 30, 2004.
MOTION - It was moved by Board Members Sniff/Osborne 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 QUINT A FOR FISCAL YEAR 2004/2005.
There were no changes to the staff report as submitted and on file in
,-. the City Clerk's Office.
m-_~~-u_____~n__. _.___~n__- --on
Financing Authority Minutes 2 June 15, 2004
RESOLUTION NO. FA 2004-03
A RESOLUTION OF THE FINANCING AUTHORITY OF THE CITY OF
LA QUINT A, CALIFORNIA, APPROVING AND ADOPTING THE
AMENDED INVESTMENT POLICY FOR FISCAL YEAR 2004/2005.
It was moved by Board Members Sniff/Osborne to adopt Resolution
No. FA 2004-03 as submitted. Motion carried unanimously.
CHAIR AND BOARD MEMBERS' ITEMS - None
PUBLIC HEARINGS - None
ADJOURNMENT
There being no further business, it was moved by Board Members
Perkins/Osborne to adjourn to a special meeting of the Financing Authority to
be held June 18, 2004~ Motion carried unanimously.
Respectfully submitted,
~~
JUNE S. GREEK, City Clerk
City of La Quinta, California
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