2013 02 19 HAHousing Authority agendas and staff
reports are available on the City's web
site: www.la-quinta. org
HOUSING AUTHORITY
AGENDA
CITY HALL COUNCIL CHAMBERS
78-495 Calle Tampico La Quinta
REGULAR MEETING on TUESDAY, FEBRUARY 19, 2013 AT 4:00 P.M.
Beginning Resolution No. HA 2013-001
CALL TO ORDER
ROLL CALL:
Authority Members: Adolph, Evans, Franklin, Henderson, Chairperson Osborne
VERBAL ANNOUNCEMENT — AB 23 [AUTHORITY SECRETARYI
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. The Housing 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 JANUARY 15, 2013
2. MINUTES OF FEBRUARY 5, 2013
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
1. REVENUE AND EXPENDITURE REPORT DATED DECEMBER 31, 2012
HOUSING AUTHORITY AGENDA 1 FEBRUARY 19,'2013
2. TREASURER'S REPORT DATED DECEMBER 31, 2012
3. DEMAND REGISTER DATED FEBRUARY 19, 2013
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 March 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 Housing Authority, do
hereby declare that the foregoing agenda for the La Quinta Housing Authority was
posted near the entrance to the Council Chambers at 78-495 Calle Tampico and on
the bulletin boards at 51-321 Avenida Bermudas and 78-630 Highway 1 1 1 , on
February 15, 2013.
DATED: February 14, 2013
SUSAN MAYSELS, Aut rity Se retary
La Quinta Housing Authority
Public Notices
• 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.
002
HOUSING AUTHORITY AGENDA 2 FEBRUARY 19, 2013
r
CITY / SA /
WEETING DATE: February 19, 2013
ITEM TITLE: Approval of Demand Register Dated
February 19, 2013
RECOMMENDED ACTION:
It is recommended the Housing Authority Board:
Receive and File the Demand Register Dated
February 19, 2013 of which $4,620.14
represents Housing Authority Expenditures.
AGENDA CATEGORY:
BUSINESS SESSION: _
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
PLEASE SEE CONSENT CALENDAR ITEM NUMBER 1 ON CITY COUNCIL AGENDA
EXECUTIVE SUMMARY:
None.
FISCAL IMPACT:
None.
BACKGROUND/ANALYSIS:
None.
ALTERNATIVES:
None.
�.x.� 003
Respectfully submitted,
Robbeyn Bird, Finande Director
CITY OF LA QUINTA
BANK TRANSACTIONS 1/23/13 - 2/12/13
1/23/13 WIRE TRANSFER - TASC
1/29/13 WIRE TRANSFER - PIERS
2/1/13 WIRE TRANSFER - LANDMARK
2/1/13 WIRE TRANSFER - ICMA
2/1113 WIRE TRANSFER - LQCEA
2/4/13 WIRE TRANSFER - CD PURCHASE
2l4/13 WIRE TRANSFER - TASC
2/6/13 WIRE TRANSFER - HEALTH PREMIUM
2/7113 WIRE TRANSFER - PIERS
$1,115.34
$2,607.91
$175,120.01
$7,784.85
$286.00
$480,000.00
$982.63
$112,212.07
$49,081.70
TOTAL WIRE TRANSFER OUT $829,190.51
Ceity" 4 64P QajKrfi(j
CITY/SA H� A MEETING DATE: February 19, 2013
ITEM TITLE: Receive and File Transmittal of Treasurer's
Reports as of December 31, 2012
RECOMMENDED ACTION:
It is recommended the La Quinta Housing Authority:
Receive and file.
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT'CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
`&w°f 4vQwmrr,
CITY/SA/HA/FA MEETING DATE: February 19, 2013
ITEM TITLE: Receive and File Revenues and
Expenditures Report dated December 31, 2012
RECOMMENDED ACTION:
Receive and File
EXECUTIVES SUMMARY:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: J-
STUDY SESSION:
PUBLIC HEARING:
Monthly and year-to-date revenues and expenditures of the La Quinta Housing
Authority dated December 31, 2012.
FISCAL IMPACT:
None.
BACKGROUND/ANAYLSIS:
Receive and File Transmittal of the December 31, 2012 Statement of Revenues and
Expenditures for the La Quinta Housing Authority.
ALTERNATIVES:
Respectfully submitted,
& A ^ 64-J
Robbeyn bird, Finance Director
Attachment: 1. Revenues and Expenditures Report for December 31, 2012
«I.J C. 0 7
ATTACHMENT 1
07/01/2012 • 12/31/2012
LA OUINTA HOUSING AUTHORITY
ADJUSTED
REMAINING
%
REVENUE SUMMARY
BUDGET
RECEIVED
BUDGET
RECEIVED
PROJECT AREA NO 1 HOUSING AUTHORITY(241)
Proceeds From Home Sale
125,000.00
122,113,08
2,886.92
97.690%
Allocated Interest Income
3,800.00
3,253.24
546.76
85.610%
Non Allocated Interest Income
0.00
495,14
(495.14)
0,000%
Rental Income
240,000,00
157,593.35
82,406.65
65.660%
2nd Trust Deed Repayments
0.00
23,215.00
Transfer In
192,876,00
0.00
192,876.00
0.000%
TOTAL LO HOUSING AUTHORITY PA 1 561,676.00 306,669.81 255,006A9 54.600%
PROJECT AREA NO 2 HOUSING AUTHORITY(242)
WSA Fed Govl Assistance Pymis
451,400,00
181,001.00
270,399.00
40,100%
WSA Fed GoA Interest Rate Subsidy
46,800.00
0,00
46,800.00
0.000%
WSA Interest Income
0,00
0.00
0.00
0.000%
WSA Non Allocated Interest Income
1,090.00
934.93
155,07
85.770%
WSA Rental Income
163,300.00
74,290,00
89,010.00
45.490%
WSA Other Revenues
3.700.00
16,053A5
(12,353.15)
433.870%
Transferin
18,141,988.00
17,939,497.78
202,490.22
98.880%
TOTAL LO HOUSING AUTHORITY PA 2 18,808,278.00 18,211,776.86 596,501.14 96.830%
LA DUINTA HOUSING AUTHORITY
EXPENDITURE SUMMARY
ADJUSTED 12/3112012 REMAINING
BUDGET EXPENDITURES ENCUMBERED BUDGET
PROJECT AREA NO 1 HOUSING AUTHORITY
SERVICES
69,500.00
64,526.39
4,973.61
2ND TRUST DEED PROGRAM
65,000.00
60,25.00
4,725,00
FORECLOSURE ACQUISITION
0.00
HOUSING DEVELOPMENT PROGRAM
350,000.00
108,206.02
241,793.98
TRANSFER OUT
118150.00
3084520
(190302961
TOTAL PROJECT AREA N0IHOUSING AUTHORITY
602,650.00
541,480.3]
0.00 6118963
PROJECT AREA NO 2 HOUSING AUTHORITY
SERVICES
3,000.00
710.00
2,290.00
WASH ST APTS EXPENSES
362,710.00
134,124,96
228,58504
WSA PRINIPROVIDENT LOAN
32.515 00
13.219 ]8
19,295.22
WSA PRINIUSDA LOAN
14,267 00
5,]]2.60
8,494.40
WSA INTERESTIPROVIDENT LOAN
121,959U0
51,144.57
70,814.43
WSA INTEREST/USDA LOAN
71,014.00
10.219,00
60.795.00
WSA ADVANCE INTEREST EXPENE
0,00
000
000
TRANSFER OUT
24,972,90500
24,9➢2,90500
000
TOTAL PROJECT AREA NO 2 HOUSING AUTHORITY
25,578.370,00
25,188,09591
0.00 390,274.09
TOTAL HOUSING AUTHORITY 26,181,020.00 25,729,556,28 0.00 451463.72
I ?A j; 009