2007 01 16 FAok
U
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CF` OF
FINANCING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico
La Quinta, California 92253
Regular Meeting
TUESDAY, JANUARY 16, 2007 - 4:00 P.M.
Beginning Resolution No. FA 2007-001
CALL TO ORDER
Roll Call:
Board Members: Henderson, Kirk, Osborne, Sniff, and Chairman Adolph
PUBLIC COMMENT
At this time members of the public may address the Financing Authority on any
matter not listed on the agenda. Please complete a "request to speak" form and
limit your comments to three minutes.
CONFIRMATION OF AGENDA
APPROVAL OF MINUTES
1. APPROVAL OF MINUTES OF DECEMBER 19, 2006.
001
Financing Authority Agenda
January 16, 2007
CONSENT CALENDAR
NOTE: Consent Calendar items are considered to be routine in nature and will be
approved by one motion.
1. RECEIVE AND FILE TRANSMITTAL OF TREASURER'S REPORT DATED
NOVEMBER 30, 2006.
2. RECEIVE AND FILE TRANSMITTAL OF REVENUE AND EXPENDITURES
REPORT FOR NOVEMBER 30, 2006 AND INVESTMENT SUMMARY REPORT
FOR THE QUARTER ENDING DECEMBER 31, 2006.
BUSINESS SESSION.- NONE
CHAIR AND BOARD MEMBERS' ITEMS - NONE
PUBLIC HEARINGS - NONE
ADJOURNMENT
Adjourn to a regularly scheduled meeting of the Financing Authority to be held on
February 20, 2007 at 4:00 p.m. in the City Council Chambers, 78-495 Calle
Tampico, La Quinta, CA 92253.
DECLARATION OF POSTING
I, Veronica Montecino, City Clerk of the City of La Quinta, do hereby declare that
the foregoing agenda for the La Quinta Financing Authority meeting of January 16,
2007, was posted on the outside entry to the Council Chamber at 78-495 Calle
Tampico and on the bulletin boards at 51-321 Avenida Bermudas and 78-630
Highway 111, on January 12, 2007.
DATED- January 12, 2007
VERONICA J. NTECINO, City Clerk
City of La Quinta, California
(y00 Financing Authority Agenda 2 January 16, 2007
D 04to 494qui
8CE`y F'CK`'
COUNCIL/RDA MEETING DATE: January 16, 2007
ITEM TITLE: Transmittal of Treasurer's Report as of
November 30, 2006
It is recommended the La Quinta Financing Authority:
Receive and File.
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: 1
STUDY SESSION:
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
s _ s
4 XP 49&rcv
OF''�
COUNCIL/RDA MEETING DATE: January 16, 2007
ITEM TITLE: Transmittal of Revenue and Expenditure
Report for November 30, 2006 and Investment
Summary Report for the Quarter Ending December 31,
2006
RECOMMENDATION:
Receive and File.
FISCAL IMPLICATIONS:
None.
CHARTER CITY IMPLICATIONS:
None.
BACKGROUND AND OVERVIEW:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: A.
STUDY SESSION:
PUBLIC HEARING:
Transmittal of the November 30, 2006 Statement of Revenue and Expenditures and
Investment Summary Report for the Quarter Ending December 31, 2006 for the La
Quinta Financing Authority.
004
Respectfully submitted,
John M. Falconer, Finance Director
Attachments
Approved for submission by:
Thomas P. Genovese, Executive Director
1. Revenue and Expenditure Report, November 30, 2006
2. Investment Summary for the Quarter Ending December
31, 2006
2
ATTAGHMENTI
LA GUINTA FINANCING AUTHORITY
REVENUE DETAIL
DEBT SERVICE REVENUE:
Contractual Services Fees
Non Allocated Interest
Rental Income
Transfer In
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT REVENUE:
Pooled Cash Allocated Interest
Nan Allocated Interest
TOTAL LIP REVENUE
07101/2006. 11/302000 REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
15,000.00
0.00
15,00000
0000%
0.00
253.07
(253.07)
0.000%
678,865.00
516,245.00
162,620.00
76.050%
5,923,157.00
3,732,732.81
2,190,424.19
63.020%
6,617,022.00
4.249.230.88
2,367,791.12
64.220%
0.00 0.00 0.00 0.000%
0.00 (244.44) 244.44 0.000%
0.00 (244.44) 24444 0000%
TOTAL FINANCING AUTHORITY 6,617,02200 4,246,98644 2,368,035.56 64.210%
V ',J 006
3
LA OUINTA RNANCING AUTHORITY OTI012006-111309006 REMAINING
EXPENDITURE SUMMARY BUDGET EXPENDITURES ENCUMBERED BUDGET
DEBT SERVICE EXPENDITURES
SERVICES
15.12500
6,77392
0.00
8.35108
BOND PRINCI PAL -1996
345,00000
345,00000
000
000
BOND PRINCIPAL - 2004
1,520,00000
1,520,000.00
000
0.00
BOND INTEREST - 1996
333,86500
171,24500
000
162,620.00
BOND INTEREST - 2004
4,403,15600
2.212.97813
000
2.190,177 87
TRANSFEROUT
0.00
000
000
000
TOTALDESTSERVICE
6,017.14600
4,255,997 05
000
2,361,148.95
CAPITAL IMPROVEMENT EXPENDITURES
BOND ISSUANCE COSTS 000 000 000 ON
TRANSFER OUT 000 000 000 0OD
TOTAL CAPITAL IMPROVEMENT 000 000 0.00 000
TOTAL FINANCING AUTHORITY
007
11
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