2006 07 18 FA Minutes
LA QUINT A FINANCING AUTHORITY
MINUTES
JULY 18, 2006
A regular meeting of the La Quinta Financing Authority was called to order
by Chairman Adolph.
PRESENT: Board Members Henderson, Kirk, Osborne, Sniff,
Chairman Adolph
ABSENT: None
PUBLIC COMMENT - None
.CONFIRMA TION OF AGENDA - Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Sniff/Osborne to approve the
Financing Authority Minutes of June 20, 2006 as submitted. Motion carried
unanimously.
MOTION - It was moved by Board Members Sniff/Osborne to approve the
Financing Authority Special Meeting Minutes of June 21, 2006 as submitted.
Motion carried unanimously.
CONSENT CALENDAR
1. RECEIVE AND FILE TREASURER'S REPORT DATED MAY 31,2006.
2. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED
MAY 31, 2006 AND INVESTMENT SUMMARY REPORT FOR THE
QUARTER ENDING JUNE 30, 2006.
MOTION - It was moved by Board Members Sniff/Osborne to approve
the Consent Calendar as recommended. Motion carried unanimously.
Financing Authority Minutes
2
July 18, 2006
BUSINESS SESSION
1 . CONSIDERATION OF A RESOLUTION APPROVING THE FISCAL YEAR
2006/2007 LA QUINT A FINANCING AUTHORITY BUDGET.
There were no changes to the staff report as submitted and on file in
the City Clerk's Office. .
RESOLUTION NO. FA 2006-002
A RESOLUTION OF THE FINANCING AUTHORITY OF THE CITY OF
LA QUINT A, CALIFORNIA APPROVING A BUDGET FOR FISCAL YEAR
2006/2007.
It was moved by Board Members Henderson/Kirk to adopt Resolution
No. 2006-002 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
Sniff/Osborne to adjourn. Motion carried unanimously.
Respectfully submitted,
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DEBBIE H. POWELL, Interim City Clerk
City of La Quinta, California