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FINANCING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico
La Quinta, California 92253
Regular Meeting
TUESDAY, OCTOBER 16, 2007 —4:00 P.M.
Beginning Resolution No. FA 2007-003
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 SEPTEMBER 18, 2007
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Financing Authority Agenda 1 October 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 TREASURER'S REPORT DATED AUGUST 31, 2007.
2. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED AUGUST
31, 2007, AND INVESTMENT SUMMARY REPORT FOR THE QUARTER
ENDING SEPTEMBER 30, 2007.
BUSINESS SESSION.— NONE
AND BOARD MEMBERS' ITEMS — NONE
PUBLIC HEARINGS — NONE
ADJOURNMENT
The next regular meeting of the Financing Authority will be held on November 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 October 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 October 12, 2007.
DATED: ctober 12, M17
ERONICA J. NTECINO, City Clerk
City of La Quinta, California
Financing Authority Agenda 2 October 16, 2007
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COUNCIL/RDA MEETING DATE: October 16, 2007
ITEM TITLE:
Receive and File Transmittal of Treasurer's Report
as of August 31, 2007
RECOMMENDATION:
It is recommended the La Quinta Financing Authority:
AGENDA CATEGORY:
BUSINESS SESSION: _
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
Receive and File the Treasurer's Report dated August 31, 2007.
PLEASE SEE BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
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COUNCIL/RDA MEETING DATE: October 16, 2007
ITEM TITLE: Receive and File Transmittal of Revenue
and Expenditure Report dated August 31, 2007
and Investment Summary Report for the
Quarter Ending September 30, 2007
RECOMMENDATION:
Receive and File.
FISCAL IMPLICATIONS:
None.
CHARTER CITY IMPLICATIONS:
None.
BACKGROUND AND OVERVIEW:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
Receive and File Transmittal of the August 31, 2007 Statement of Revenue and
Expenditures for the La Quinta Financing Authority and Investment Summary Report for the
Quarter Ending September 30, 2007.
Respectfully submitted,
John M. Falco er, Finance Director
Approves! fof submis,' on by:
Thomas P. Genovese, Executive Director
Attachments: 1. Revenue and Expenditures Report, August 31, 2007
2. Investment Summary Report for the Quarter Ending September 30, 2007'
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ATTACHMENT 1
LA OUINTA 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
Non Allocated Interest
TOTAL CIP REVENUE
TOTAL FINANCING AUTHORITY
0710112007 - 813112007 REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
15,000.00
0.00
15,000.00
0000%
0.00
2.32
(2.32)
0 000%
675,880.00
000
675.88000
0.000%
5,926,80600
0.D0
5926806.00
0.000%
6,617.68600
2.32
6,617,683.68
00D0%
000 000 0.00 0 000 %
0.00 000 000 0.000%
0.00 000 000 0 000%
6,617,686.00 232 6,617.683 68 0 000%
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FA
LA OUINTA FINANCING AUTHORITY 0710112007. 08/3112007 REMAINING
EXPENDITURE SUMMARY BUDGET EXPENDITURES ENCUMBERED BUDGET
DEBT SERVICE EXPENDITURES
SERVICES
BOND PRINCIPAL- 1996
BOND PRINCIPAL - 2004
BOND INTEREST - 1996
BOND INTEREST - 2004
TRANSFER OUT
CAPITAL IMPROVEMENT EXPENDITURES
BOND ISSUANCE COSTS
TRANSFER OUT
3,93028
000
000
0.00
000
TOTAL DEBT
000 11,869 72
000 360,000.0(
000 1,570.000 C
0.00 315,880.0(
000 4.356.806 C
000 0.00 0.00 0.00
0.00 000 000 0.00
TOTAL CAPITAL IMPROVEMENT 000 Goo 0.00 0.00
TOTAL FINANCING AUTHORITY
9 005
3
ATTACHMENT 2
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