2009 06 16 FA MinutesLA QUINTA FINANCING AUTHORITY
MINUTES
JUNE 16, 2009
A regular meeting of the La Quinta Financing Authority was called to order
by Chairman Adolph.
PRESENT: Board Members Evans, Franklin, Henderson, Sniff,
Chairman Adolph
ABSENT: None
PUBLIC COMMENT -None
CONFIRMATION OF AGENDA -Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Sniff/Franklin to approve the
Financing Authority Minutes of May 19, 2009, as submitted. Motion carried
by a vote of 4-0-1, Member Evans abstaining.
MOTION - It was moved by Board Members Sniff/Franklin to approve the
Special Financing Authority Meeting Minutes of June 9, 2009, as subrriitted.
Motion carried unanimously.
CONSENT CALENDAR
1. RECEIVE AND FILE TREASURER'S REPORT DATED APRIL 30, e!009.
2. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED
APRIL 30, 2009.
3. ADOPTION OF A RESOLUTION ADOPTING THE INVESTMENT I'ULICY
OF THE CITY OF LA QUINTA FOR FISCAL YEAR 2009/:?010.
(RESOLUTION NO. FA 2009-001)
MOTION - It was moved by Board Members Sniff/Franklin to approve
the Consent Calendar as recommended and with Item No. 3 being
approved by RESOLUTION NO. FA 2009-001. Motion carried
unanimously.
Financing Authority Minutes 2 June 16, 2009
BUSINESS SESSION -None
CHAIR AND BOARD MEMBERS' ITEMS -None
PUBLIC HEARINGS -None
ADJOURNMENT
There being no further business, it was moved by Board Members
Sniff/Evans to adjourn. Motion carried unanimously.
Respect Ily submitted,
ii~'~
VERONICA J ONTECINO, City Clerk
City of La Quinta, California