2013 01 15 FA/ T
OF
FINANCING AUTHORITY
AGENDA
CITY HALL COUNCIL CHAMBERS
78-495 Calle Tampico, La Quinta
REGULAR MEETING on TUESDAY, JANUARY 15, 2013 AT 4:00 P.M.
Beginning Resolution No. FA 2013-001
CALL TO ORDER
ROLL CALL:
Authority Members: Evans, Franklin, Henderson, Osborne, Chairperson 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. MINUTES OF DECEMBER 18, 2012
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
1. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORTS DATED
NOVEMBER 30, 2012 AND INVESTMENT SUMMARY REPORT FOR THE
QUARTER ENDING DECEMBER 31, 2012
2. RECEIVE AND FILE TREASURER'S REPORT DATED NOVEMBER 30, 2012
FINANCING AUTHORITY AGENDA 1 JANUARY: 15, 2013
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 February 19,
2013 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 the La Quinta Cove Post Office at 51-321
Avenida Bermudas and at the Stater Brothers Supermarket 78-630 Highway 111,
on JANUARY 11, 2013.
DATED: JANUARY 10, 2013
SUSAN MAYSELS, Authority Secretary
La Quinta Financing Authority
Public Notices
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 JANUARY 15, 2013 002
CITY/SA/HA AMEETINGDATE: January 15, 2013
ITEM TITLE: Receive and File Transmittal of Revenue
and Expenditure Report dated November 30, 2012
and Investment Summary Report for the Quarter
Ending December 31, 2012
RECOMMENDED ACTION:
Receive and File
EXECUTIVE SUMMARY:
AGENDA CATEGORY:
BUSINESS SESSION: _
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
Monthly and year-to-date revenues and expenditures of the La Quinta Financing
Authority and Investment Summary Report for the Quarter Ending December 31,
2012.
FISCAL IMPACT:
None.
BACKGROUND/ANAYLSIS:
Receive and File Transmittal of the November 30, 2012 Statement of Revenue and
Expenditures for the La Quinta Financing Authority and Investment Summary
Report for the Quarter Ending December 31, 2012.
ALTERNATIVES:
None.
Respectfully submitted,
6441u. A"J
Robb�rd, Finance Director
Attachments: 1. Revenue and Expenditures Report for November 30, 2012
2. Investment Summary Report for the Quarter Ending
December 31, 2012
003
LA OUINTA FINANCING AUTHORITY 0710112012 - 11/30/2012
ADJUSTED REMAINING
REVENUE DETAIL BUDGET RECEIVED BUDGET RECEIVED
DEBT SERVICE REVENUE:
5,000.00
0,00
5,000,00
0.000%
Contractual Services Fees
0,00
0.00
0.00
0.000%
Non Allocated Interest
673,130.00
578,086.25
95,043.75
85.880%
Rental Income
0,00
000
0.00
0.000%
Transfer In
678,130.00
578,08625
700,043.75
85.2-I
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT REVENUE:
0,00
0,00
0.00
0000%
Pooled Cash Allocated Interest
0.00
000
000
0.000%
Non Allocated Interest
0.00
0.00
0.00
0.won
TOTAL CIP REVENUE
678,130.00
578,086.25
7l>0,043.75
85,250%
TOTAL FINANCING AUTHORITY
• ' J
ADJUSTED
10/3112012
REMAINING
LA DUINTA FINANCING AUTHORITY
BUDGET
EXPENDITURES
ENCUMBERED
BUDGET
EXPENDITURE SUMMARY
DEBT SERVICE EXPENDITURES
500000
197100
0.00
3,029.00
SERVICES
4T0,000.00
470,000.00
000
000
BOND PRINCIPAL - 1996
203.13000
tOB4Oe
000
95,04315
BOND INTEREST - 1996
000
000 000
0.00
0
0.0
TRANSFER OUT
TOTAL DEBT SERVICE
6]8,13000
580.05L25
0.0
98,0]2 75
CAPITAL IMPROVEMENT EXPENDITURES
000
0.00
0.00
BOND ISSUANCE COSTS
000
0.00
000
0.00
000
TRANSFER OUT
TOTAL CAPITAL IMPROVEMENT
000
000
000
0.00
TOTAL FINANCING AUTHORITY
878,130 .00
580,05Z25
0.00
98,0]2]5
005
�k
)
(
)
!k\
Af\
0V
boo
rn
/
;3
z�}zmil,.!§%
�k�kk
! 7f77f„
\ §a££a\a
zmm)2,k
a
Xcr
-!)§
§2;;«,
2§\\f}
:65'S
\.9.G S
\
006
CF`y OF
CITY/SA/HAF/® MEETING DATE: January 15, 2013
ITEM TITLE: Receive and File Transmittal of
Treasurer's Reports as of November 30, 2012
RECOMMENDED ACTION:
It is recommended the La Quinta Financing Authority:
Receive and file.
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: 2-
STUDY SESSION:
PUBLIC HEARING:
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
007