FA Resolution 2006-003RESOLUTION NO. FA 2006 -003
A RESOLUTION OF THE LA QUINTA FINANCING
AUTHORITY OF THE CITY OF LA QUINTA, CALIFORNIA,
AMENDING BYLAWS FOR THE LA QUINTA FINANCING
AUTHORITY
WHEREAS, the City of La Quinta (the "City ") and the La Quinta
Redevelopment Agency (the "Agency ") executed a Joint of Powers Agreement
dated November 3, 1988 by and between the City and the Agency which created
the La Quinta Financing Authority; and,
WHEREAS, the Board Members of the Authority have established bylaws to
conduct its business; and,
WHEREAS, it is necessary for the Authority to amend the bylaws.
NOW, THEREFORE, BE IT RESOLVED, by the La Quinta Financing Authority
of the City of La Quinta, as follows:
The 'Bylaws" of the La Quinta Financing Authority are hereby amended as
follows:
Section 4(C)(1). The regular meetings of the Authority shall be held on the
third Tuesday of each month, at the time designated by La Quinta City Council
Resolution No. 2006 -102, as it currently exists or as it is amended in the future, in
the Chambers of the City Council, 78 -495 Calle Tampico, La Quinta, California.
PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta
Financing Authority held on this 19` day of September, 2006, by the following
vote:
AYES: Members Henderson, Kirk, Osborne, Sniff, Chair Adolph
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No. FA 2006.003
Amending Bylaws
Financing Authority
Adopted: September 19, 2006
Page 2
DON ADOLP Authority Chair
La Quinta Financing Authority
ATTEST:
r
DEBORAH H. POWELL,,Inierim Secretary
La Quinta Financing. Authority
(SEAL)
APPROVED AS TO FORM:
I Lv
M. KATHERINE JENSO , Authority Counsel
La Quinta Financing Au ority