2012 07 17 HAw
Housing Authority agendas and staff reports
are available on the City's web site:
www.la-quinta.org
HOUSING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico I La Quinta, California
REGULAR MEETING
TUESDAY. JULY 17. 2012 AT 4:00 P.M.
Beginning Resolution No. HA 2012-007
CALL TO ORDER
Roll Call:
Board Members: Adolph, Franklin, Henderson, Osborne and Chairperson Evans
VERBAL ANNOUNCEMENT — AB 23 [CITY CLERK]
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 MINUTES OF JULY 3, 2012
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
1. APPROVAL OF DEMAND REGISTER DATED JULY 17, 2012
2. RECEIVE AND FILE TREASURER'S REPORT DATED MAY 31, 2012 HOUSING AUTHORITY AGENDA 1 JULY 17, 2012 001
11
3. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED MAY 31,
2012 AND INVESTEMENT SUMMARY REPORT FOR THE QUARTER ENDING
JUNE 30, 2012
BUSINESS SESSION - NONE
CHAIR AND BOARD MEMBERS' ITEMS - NONE
PUBLIC HEARINGS - NONE
ADJOURNMENT
The August 21, 2012 regular meeting of the Housing Authority has been cancelled.
The next regular meeting of the Housing Authority will be held on September 18,
2012 at 4:00 p.m. in the City Council Chambers, 78-495 Calle Tampico,
La Quinta, CA 92253.
DECLARATION OF POSTING
I, Susan Maysels, Interim City Clerk of the City of La Quinta, do hereby declare
that the foregoing agenda for the La Quinta Housing Authority 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 13, 2012.
DATED: July 12, 2012
SUSAN MAYSELS, Int rim 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
002
JULY 17, 2012
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H CITY/SA /�FA MEETING DATE: July 17, 2012 AGENDA CATEGORY:
BUSINESS SESSION:
ITEM TITLE: Receive and file Treasurer's Report dated Z
May 31, 2012 CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
RECOMMENDATION:
It is recommended the La Quinta Housing Authority:
Receive and File.
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
a 0,W'3
Tity" 4 4 a"
HOUSING AUTHORITY MEETING DATE: July 17, 2012
ITEM TITLE: Approval of Demand Register Dated
July 17, 2012
RECOMMENDATION:
It is recommended the Housing Authority Board:
Receive and File the Demand Register Dated
July 17, 2012 of which $1,733.92
represents Housing Authority Expenditures.
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: I
STUDY SESSION:
I'1". P 1610" 71kTo
PLEASE SEE CONSENT CALENDAR ITEM NUMBER 1 ON CITY COUNCIL AGENDA
4. 00�
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CITY/SA H�/FA MEETING DATE: July 17, 2012 AGENDA CATEGORY:
BUSINESS SESSION:
ITEM TITLE: Receive and File Revenue and Expenditure
Reports dated May 31, 2012 and Investment Summary CONSENT CALENDAR:
Report for the Quarter Ending June 30, 2012
STUDY SESSION:
PUBLIC HEARING:
RECOMMENDATION:
Receive and File.
FISCAL IMPLICATIONS:
None.
CHARTER CITY IMPLICATIONS:
None.
BACKGROUND AND OVERVIEW:
Transmittal of the May 31, 2012 Statement of Revenue and Expenditures and
Investment Summary Report for the Quarter Ending June 30, 2012 for the La
Quinta Housing Authority.
Respectfully submitted,
AJ.hn. Falconer, Finance Director
Approved for submission by:
J. SWa%*, Executive Director
Attachment: 1. Revenue and Expenditure Report, May 31, 2012
2. Investment Summary for the Quarter Ending June 30,
2012
��. _ 04 2
Attachment 1
07101 /2011. 05/31/2012
LA OUINTA HOUSING AUTHORITY
ADJUSTED
REMAINING
%
REVENUE SUMMARY
BUDGET
RECEIVED
BUDGET
RECEIVED
PROJECT AREA NO 1 HOUSING AUTHORITY(MI)
PrapeeE4 From HOme Sale
5 .000.00
328,422.52
261,57748
55.660%
All0catecl Interest Income
3,8W.W
2,356.66
1,443.34
62020%
Non Allocetecl Interest Income
O.W
317,83
(317.83)
0.000%
Rental lOmme
240,000.00
276,394.89
(36,394.89)
115.160%
2M Trust Deed Repayments
0. W
K"Wo.00
(50.000.00)
o. WO%
Transfer in
2,035,388.00
2.067.559.23
(32.171 23)
101.580%
TOTAL LO HOUSING AUTHORITY PA I
2.889.188.00
2,726,051.13
144,136.87
94.980%
PROJECT AREA NO 2 HOUSING AUTHORITY(242)
WSA Fed Govt Assistance Pymis
451,4W.W
406,553.00
45,M7.W
89.810%
WSA FW Gout Interest Rate Su0s*
46,800.00
46,9(6.00
(108.W)
100,230%
WSA Interest Income
0.00
0.W
0,00
0.000%
WSA Non Albcatecl Interest Income
1,090.00
553.65
5WAS
50.810%
WSA Rental lnmme
163,300.00
165,673.00
(2,373.W)
101.450%
WSA Ot0er Revenues
3,7W.W
2,436.76
1,263,24
65.860%
Transfer In
OW
0.00
O.W
0.000%
TOTAL LO HOUSING AUTHORITY PA 2
666.290 W
621.124 61
45.165.39
93.22M
0 0f 3
LA GUSLTA NOISING AUTHORITY
ADJUSTED
RMI2012
REMAINING
EXPENDITURE SUMMARY
BUDGET
EXPENDITURES ENCUMBERED
BUDGET
241 PROJECT AREA NO I HOUSING AUTHORITY
SERVICES
26,122.00
2.098,33
24,023.67
2ND TRUST DEED PROGRAM
375,000.00
49,950.00
325,05000
FORECLOSURE ACQUISITION
57,000.00
57,000.00
HOUSING DEVELOPMENT PROGRAM
350,000.00
161,830.46
iB6,169.54
TRANSFER OUT
000
A
TOTAL PROJECT AREA NO 1 HOUSING AUTHORITYAUTHOR
242 PROJECT AREA NO 2 HOUSING AUTHORITY
SERVICES
22.522.W
8,002.58
149519.42
WASH STAPTS EXPENSES
362,710.00
294.%2.73
68,147.27
WSAPRIWPROVIDENT LOAN
29.917.00
27.327,18
2,589.82
WSA PRIWUSDA LOAN
12,915.00
11,709.00
1,126.00
WSA INTEREST/PROVIDENT L
124,55SW
114,274.39
10,28361
WSAINTERFSTNSDALOAN
72.367.00
70,291.72
2,075.28
WSA ADVANCE INTEREST EX
000
--624,9
29.89
(29.89)
TOTAL PROJECT AREA NO 2 HOUSING AUTHORITY
..i
5
TOTAL HOUSING AUTHORITY
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