2000 06 20 FA Minutes LA QUINTA FINANCING AUTHORITY
MINUTES
JUNE 20, 2000
A meeting of the La Quinta Financing Authority was called to order by Chairman Pe~a.
PRESENT: Board Members Adolph, Henderson, Perkins, Sniff, Chairman Pe~a
ABSENT: None
PUBLIC COMMENT- None
CONFIRMATION OF AGENDA - Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Sniff/Henderson to approve the Minutes
of May 16, 2000, as submitted. Motion carried with Council Member Perkins
ABSTAINING.
CONSENT CALENDAR
1. TRANSMITTAL OF TREASURER'S REPORT DATED APRIL 30, 2000.
2. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED APRIL 30,
2000.
MOTION - It was moved by Board Members Sniff/Henderson to approve the
Consent Calendar as recommended. Motion carried unanimously.
BUSINESS SESSION
1. CONSIDERATION OF A RESOLUTION ADOPTING THE INVESTMENT POLICY
OF THE CITY OF LA QUINTA FOR FISCAL YEAR 2000/2001.
There were no changes to the staff report as submitted and on file in the City
Clerk's Office.
Financing Authority Minutes 2 June 20, 2000
RESOLUTION NO. FA 2000-01
A RESOLUTION OF THE FINANCING AUTHORITY OF THE CITY OF
LA QUINTA, CALIFORNIA, APPROVING AND ADOPTING THE AMENDED
INVESTMENT POLICY FOR FISCAL YEAR 200012001.
It was moved by Board Members Sniff/Adolph to adopt Resolution No. FA
2000-01 as submitted. Motion carried unanimously.
DEPARTMENT REPORTS - None
CHAIR AND BOARD MEMBERS' ITEMS - None
PUBLIC HEARINGS - None
ADJOURNMENT
There being no further business, it was moved by Board Members Sniff/Adolph to
adjourn the meeting. Motion carried unanimously.
Respectfully submitted,
JUNE S. GREEK, Secretary
La Quinta Financing Authority