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HOUSING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico
La Quinta, California 92253
Regular Meeting
TUESDAY. JULY 19. 2011 — 4:00 P.M.
Beginning Resolution No. HA 2011-006
CALL TO ORDER
Roll Call:
Board Members: Adolph, Evans, Henderson, Sniff, and Chairperson Franklin
PUBLIC COMMENT
At this time members of the public may address the Housing 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 MEETING MINUTES OF JUNE 21, 2011
2. APPROVAL OF MEETING MINUTES OF JULY 5, 2011
CONSENT CALENDAR
NOTE: Consent Calendar items are considered to be routine in nature and will be approved
by one motion.
1. APPROVAL OF DEMAND REGISTER DATED JULY 19, 2011
HOUSING AUTHORITY AGENDA 1 JULY 19, 2011
2. RECEIVE AND FILE TREASURER'S REPORT DATED MAY 31, 2011
3. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED MAY 31,
2011 AND INVESTMENT SUMMARY REPORT FOR THE QUARTER ENDING
JUNE 30, 2011
BUSINESS SESSION — NONE
CHAIR AND BOARD MEMBERS' ITEMS — NONE
PUBLIC HEARINGS — NONE
ADJOURNMENT
The next regular meeting of the Housing Authority will be held on SEPTEMBER 20,
2011 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 Housing Authority meeting of JULY 19,
2011, 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 JULY 15, 2011.
DATED:JOLY 15, 2011
VERONICA 0 TECINO, City Clerk
City of La Quinta, California
Public Notice
Any writings or documents provided to a majority of the Housing 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.
HOUSING AUTHORITY AGENDA 2 JULY 19, 2011
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HOUSING AUTHORITY MEETING DATE: July 19, 2011
ITEM TITLE: Approval of Demand Register Dated
July 19, 2011
RECOMMENDATION:
It is recommended the Housing Authority Board:
Receive and File the Demand Register Dated
July 19, 2011 of which $200.00
represents Housing Authority Expenditures.
AGENDA CATEGORY:
BUSINESS SESSION
CONSENT CALENDAR I
STUDY SESSION
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PLEASE SEE CONSENT CALENDAR ITEM NUMBER 1 ON CITY COUNCIL AGENDA
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AGENDA CATEGORY:
COUNCIL/RDA MEETING DATE: July 19, 2011 BUSINESS SESSION:
ITEM TITLE: Receive and File Transmittal of CONSENT CALENDAR: Z
Treasurer's Report as of May 31, 2011
STUDY SESSION:
PUBLIC HEARING:
RECOMMENDATION:
It is recommended the La Quinta Housing Authority Board:
Receive and file the Treasurer's Report dated May 31, 2011.
PLEASE SEE BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
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COUNCIURDA MEETING DATE: July 19, 2011
ITEM TITLE: Receive and File Transmittal of Revenue
and Expenditure Reports dated May 31, 2011 and
Investment Summary Report for the Quarter Ending
June 30, 2011
Receive and File.
BACKGROUND AND OVERVIEW:
AGENDA CATEGORY:
BUSINESS SESSION: _}}
CONSENT CALENDAR: J
STUDY SESSION:
PUBLIC HEARING:
Receive and File Transmittal of the May 31, 2011 Statement of Revenue and
Expenditures for the La Quinta Housing Authority and Investment Summary Report for
the Quarter Ending June 30, 2011.
Respectfully submitted,
Ai�
ohn M. Falconer, Finance Director
Approved for Submission by:
Thomas P. Genovese, Executive Director
Attachments: 1. Revenue and Expenditures Report, May 31, 2011
2. Investment Summary Report for the Quarter Ending June 30,
2011
ATTACHMENT 1
0710MO10 - 05/3112011
LA OUINTA HOUSING AUTHORITY
ADJUSTED
REMAINING
%
REVENUE SUMMARY
BUDGET
RECEIVED
BUDGET
RECEIVED
PROJECT AREA NO 1 HOUSING AUTHORITY
Proceeds From Sale
120,628.00
120,627.79
0.21
100.000%
Allocate! Interest Income
0.00
774.13
(774.13)
0.000%
Rental Income
216,000.00
225,864.36
(Q864.36)
104,570%
Transfer In
979.075.00
821.093.99
157,981.01
83.860%
TOTAL LO HOUSING AUTHORITY PA 1
1,315,703.00
1,168,360.27
147.342.73
88.800%
PROJECT AREA NO 2 HOUSING AUTHORITY
WSA Fed Govt Assistance Pymts
451.400.00
409,045.00
42,355,00
90.620%
WSA Fed Gov[ Interest Rate Subsidy
46,80000
0.00
46,800,00
0000%
WSA Interest Income
0.00
0.00
0.00
0000%
WSA Nan Allocated Interest Income
3,600.00
960.78
2,639.22
26.690%
WSA Rental Income
163,300.00
157,477.13
5,82287
96.430%
WSA Other Revenues
4.200.00
2,937,85
1,262.15
69.950%
Transfer In
534,787.00
509,111.74
25,675.26
95,200%
TOTAL LO HOUSING AUTHORITY PA 2
1,204,087.00
1,079,532.50
124 554,50
89,660%
L
LA OUINTA HOUSING AUTHORITY
ADJUSTED
OS/31/11
REMAINING
EXPENDITURE SUMMARY
BUDGET
EXPENDITURES ENCUMBERED
BUDGET
PROJECT AREA NO 1 HOUSING AUTHORITY
INTEREST ADVANCE
000
T%
(7%)
SERVICES
395,850.W
183,119.01
212, 730.99
TRANSFER OUT
40,000.00
40,W0.00
- TOTAL PROJECT AREA NO i HOUSING AUTHORITY
PROJECT AREA NO 2 HOUSING AUTHORITY
SERVICES
23,500.00
2,838.74
23,50000
WASH ST APTS EXPENSES
429, 300.00
283,987,93
145,312.O7
WSA PRINIPROVIDENT LOAN
27,52500
25,142.73
2,382,27
WSA PRI WUSDA LOAN
11,788,00
10,656.27
1,131,73
WSA INTEREST/PROVIDENT LOAN
126,949.00
116,468.84
10,490.16
WSA INTEREST/USDA LOAN
73,49400
25,05245
"."1.55
INTEREST ADVANCE
- 000
7.73
p.13)
TOTAL PROJECT AREA NO 2 HOUSING AUTHORITY
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TOTAL HOUSING AUTHORITY
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