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FINANCING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico
La Quinta, California 92253
Regular Meeting
TUESDAY, OCTOBER 20, 2009 — 4:00 P.M.
Beginning Resolution No. FA 2009-003
CALL TO ORDER
Roll Call:
Board Members: Evans, Franklin, Henderson, 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 15, 2009.
Financing Authority Agenda 1 October 20, 2009
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, 2009.
2. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED AUGUST
31, 2009, AND INVESTMENT SUMMARY REPORT FOR THE QUARTER
ENDING SEPTEMBER 30, 2009.
BUSINESS SESSION — NONE
CHAIR AND BOARD MEMBERS' ITEMS — NONE
PUBLIC HEARINGS — NONE
ADJOURNMENT
The next regular meeting of the Financing Authority will be held on November 17,
2009, 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 20,
2009, 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 16, 2009.
DATED: ctober 16 2009
VERONICA J ONTECINO, City Clerk
City of La Quinta, California
Public Notice
Any writings or documents provided to a majority of the Financing Authority regarding any
item on this agenda will be made available for public inspection at the City Clerk counter at
City Hall located at 78-495 Calle Tampico, La Quinta, California, 92253, during normal
business hours.
Financing Authority Agenda 2 October 20, 2009
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COUNCIL/RDA MEETING DATE: October 20, 2009
ITEM TITLE:
Receive and File Transmittal of Treasurer's Report
as of August 31, 2009
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, 2009.
PLEASE SEE BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
17 ffil N =
COUNCIL/RDA MEETING DATE: October 20, 2009
ITEM TITLE: Receive and File Transmittal of Revenue
and Expenditure Report dated August 31, 2009 and
Investment Summary Report for the Quarter Ending
September 30, 2009
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, 2009 Statement of Revenue and
Expenditures for the La Quinta Financing Authority and Investment Summary
Report for the Quarter Ending September 30, 2009.
Respectfully submitted,
John M. Falconer, Finance Director
Approved for submission by:
Thomas P. Genovese, Executive Director
Attachments: 1. Revenue and Expenditures Report, August 31, 2009
2. Investment Summary Report for the Quarter Ending September
30, 2009
N
A 1 1 AUHIVItN I l
LA OUINTA FINANCING AUTHORITY
REVENUE DETAIL
DEBT SERVICE REVENUE:
Contractual Services Fees
Non Allocated Interest
Rental Income
Transferin
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT REVENUE:
Pooled Cash A➢onated Interest
Non Allocated Interest
TOTAL CIP REVENUE
TOTAL FINANCING AUTHORITY
07101 /2009.08/3112009
ADJUSTED REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
15,000.00
0.00
15,000.00
0.000%
0.00
0.00
0,00
0.000%
675,280.00
0.00
675,280.00
0.000%
5,913,331.00
0.00
5913331.00
0.000%
6,603,611.00
0.00
6,603,611.00
0.000%
0,00 0.00 0,00 0.000%
0.00 0,00 0.00 0.000%
0.00 0.00 0.00 0.000%
6.603.611.00 0.00 6,603,611.00 0.000%
3
LA GUINTA FINANCING AUTHORITY
EXPENDITURE SUMMARY
ADJUSTED 07/0112009-08131/2009 REMAINING
BUDGET EXPENDITURES ENCUMBERED BUDGET
DEBT SERVICE EXPENDITURES
SERVICES
BOND PRINCIPAL -1996
BOND PRINCIPAL - 2004
BOND INTEREST -1998
BOND INTEREST - 2004
TRANSFER OUT
CAPITAL IMPROVEMENT EXPENDITURES
BOND ISSUANCE COSTS
TRANSFER OUT
15.800.00
3,025.00
0w
12,775.00
400,000. DO
0.00
0.00
400,000.00
1670,000.00
0.00
O60
1,670000.00
275,280,00
0.00
0.00
275,28000
4,243,331.00
0.00
0,00
4,243,331.00
0.00
0.00
0,00
0.00
TOTAL DEBT SERVICE
000 0,00 0.00 0.00
0.00 0.00 0.00 0,00
TOTAL CAPITAL IMPROVEMENT
TOTAL FINANCING AUTHORITY
El
ATTACHMENT 2
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