2012 10 16 FAv .s
S
cFM OF
FINANCING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico
La Quinta, California 92253
REGULAR MEETING
TUESDAY, OCTOBER 16, 2012 AT 4:00 P.M.
Beginning Resolution No. FA 2012-003
CALL TO ORDER
Roll Call:
Authority Members: Evans, Franklin, Henderson, Osborne 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. The Financing Authority values your comments; however in accordance
with State law, no action shall be taken on any item not appearing on the agenda unless it
is an emergency item authorized by GC 54954.2(b).
CONFIRMATION OF AGENDA
APPROVAL OF MINUTES
1. APPROVAL OF MEETING MINUTES OF SEPTEMBER 18, 2012
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
1. RECEIVE AND FILE TREASURER'S REPORT DATED AUGUST 31, 2012
00
FINANCING AUTHORITY AGENDA 1 OCTOBER 16, 2012
2. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED AUGUST
31, 2012 AND INVESTMENT SUMMARY REPORT FOR THE QUARTER
ENDING SEPTEMBER 30, 2012
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 20,
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, Authority Secretary of the La Quinta Financing Authority, do
hereby declare that the foregoing agenda for the La Quinta Financing Authority
meeting 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 12, 2012.
DATED: October 11, 2012
SUSAN MAYSELS, Authority Secretary
La Quinta Financing Authority
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 16, 2012 1 Q G
OF
AGENDA CATEGORY:
CITY/SA/HA F® MEETING DATE: October 16, 2012 BUSINESS SESSION:
ITEM TITLE: Receive and File Transmittal of Treasurers CONSENT CALENDAR:
Reports as of August 31, 2012
STUDY SESSION:
PUBLIC HEARING:
RECOMMENDED ACTION:
It is recommended the La Quinta Financing Authority:
Receive and file.
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
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CF`M OF �
AGENDA CATEGORY:
CITY/SAMAPMEETING DATE: October 16, 2012 BUSINESS SESSION:
ITEM TITLE: Receive and File Transmittal of Revenue CONSENT CALENDAR:
and Expenditure Report dated August 31, 2012 and STUDY SESSION:
Investment Summary Report for the Quarter Ending
September 30, 2012 PUBLIC HEARING:
RECOMMENDED ACTION:
Receive and File
EXECUTIVE SUMMARY:
Monthly and year-to-date revenues and expenditures of the La Quinta Financing
Authority and Investment Summary Report for the Quarter Ending September 30,
2012.
FISCAL IMPACT:
None.
BACKGROUND/ANAYLSIS:
Receive and File Transmittal of the August 31, 2012 Statement of Revenue and
Expenditures for the La Quinta Financing Authority and Investment Summary Report
for the Quarter Ending September 30, 2012.
ALTERNATIVES:
None.
Respectfully submitted,
Robbey Bird, Finance Director
Attachments: 1. Revenue and Expenditures Report for August 31, 2012
2. Investment Summary Report for the Quarter Ending
September 30, 2012
10U4
H 1 1 Ator71VIC1V 1 I
LA QUINTA FINANCING AUTHORITY
REVENUE DETAIL
DEBT SERVICE REVENUE:
Contractual Services Fees
Non Allocated Interest
Rental Income
Transfer In
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT REVENUE:
Pooled Cash Allocated Interest
Non Allocated Interest
TOTAL CIP REVENUE
TOTAL FINANCING AUTHORITY
07/01/2012 - 08/31/2012
ADJUSTED
BUDGET RECEIVED
REMAINING %
BUDGET RECEIVED
5,000.00
0.00
5,000.00
0.000%
0.00
0.00
0.00
0.000%
673,130.00
0.00
673,130.00
0.000%
0.00
0.00
0.00
0.000%
678,130.00
0.00
678,130.00
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%
678,130.00 0.00 678,130.00 0.000%
2
LA OUINTA FINANCING AUTHORITY
EXPENDITURE SUMMARY
ADJUSTED 8/3112012 REMAINING
BUDGET EXPENDITURES ENCUMBERED BUDGET
DEBT SERVICE EXPENDITURES
SERVICES
BOND PRINCIPAL- 1996
BOND INTEREST -1996
TRANSFER OUT
6,000.00
0.00
0.00
5,000.00
470,000.00
0.00
0.00
470,D00.00
203,130.00
0.D0
0.00
203.130.00
0.00
TOTAL DEBT SERVICE
0.00
0.00
0.00
CAPITAL IMPROVEMENT EXPENDITURES
BOND ISSUANCE COSTS
TRANSFER OUT
TOTAL CAPITAL
TOTAL FINANCING AUTHORITY
0.00
0.00
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