2013 11 19 SAAgendas and staff reports are now
available on the City's web page:
www.la-guinta.org
SUCCESSOR AGENCY
To The La Quinta Redevelopment Agency
AGENDA
CITY HALL COUNCIL CHAMBERS
78-495 Calle Tampico, La Quinta, CA
REGULAR MEETING ON TUESDAY, NOVEMBER 19, 2013 AT 4:00 P.M.
CALL TO ORDER
ROLL CALL:
Agency Members: Evans, Franklin, Henderson, Osborne, Chairperson Adolph
PUBLIC COMMENT
At this time, members of the public may address the Successor Agency on any matter not listed
on the agenda. Please complete a "request to speak" form and limit your comments to three
minutes. The Successor Agency 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).
CLOSED SESSION - NONE
CONFIRMATION OF AGENDA
PRESENTATIONS — NONE
WRITTEN COMMUNICATIONS — NONE
APPROVAL OF MINUTES
MINUTES OF OCTOBER 15, 2013
PAGE
4
SUCCESSOR AGENCY TO RDA AGENDA 1 NOVEMBER 19, 2013
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 SEPTEMBER 30, 8
2013
2. RECEIVE AND FILE REVENUE & EXPENDITURE REPORTS DATED 10
SEPTEMBER 30, 2013
3. APPROVE DEMAND REGISTER DATED NOVEMBER 19, 2013 18
BUSINESS SESSION - NONE
STUDY SESSION - NONE
DEPARTMENT REPORTS - NONE
ADJOURNMENT
The next regular meeting of the City as Successor Agency to the La Quinta
Redevelopment Agency will be held on December 3, 2013 commencing with Closed
Session at 3:00 p.m. and open session at 4:00 p.m. at City Hall, 78-495 Calle Tampico,
La Quinta, CA 92253.
DECLARATION OF POSTING
1, Teresa Thompson, Deputy City Clerk of the City as Successor Agency to the La
Quinta Redevelopment Agency, do hereby declare that the foregoing agenda was posted
near the entrance to the Council Chambers 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 at 78-630 Highway 111 , on November 15, 2013.
DATED: November 15, 2013
TERESA THOMPSON, Deputy City Clerk
Successor Agency to the
La Quinta Redevelopment Agency
SUCCESSOR AGENCY TO RDA AGENDA 2 NOVEMBER 19, 2013
Public Notices
The La Quinta City Hall is handicapped accessible. If special equipment is needed for the
hearing impaired, please call the City Clerk's Office at 777-7103, twenty-four (24) hours
in advance of the meeting and accommodations will be made.
If special electronic equipment is needed to make presentations to the Successor Agency,
arrangement should be made in advance by contacting the City Clerk's Office at 777-
7103. A one (1) week notice is required.
If background material is to be presented to the Successor Agency during a meeting,
please be advised that eight (8) copies of all documents, exhibits, etc., must be supplied
to the City Clerk for distribution. It is requested that this take place prior to the beginning
of the meeting.
Any writings or documents provided to a majority of the Successor Agency 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.
SUCCESSOR AGENCY TO RDA AGENDA 3 NOVEMBER 19, 2013
SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
MINUTES
TUESDAY, OCTOBER 15, 2013
A regular meeting of the La Quinta City Council in their capacity as Successor
Agency to the La Quinta Redevelopment Agency ("SA") was called to order at
3:04 p.m. by Chairperson Adolph.
PRESENT: Agency Members Evans, Franklin, Henderson, Osborne, Chair Adolph
ABSENT: None
PUBLIC COMMENT - None
CLOSED SESSION
1. CONFERENCE WITH LEGAL COUNSEL, EXISTING LITIGATION PURSUANT
TO GOVERNMENT CODE SECTION 54956.9(a), CITY OF LA QUINTA, ET
AL. v. MATOSANTOS, ET AL., SACRAMENTO COUNTY SUPERIOR COURT
CASE NO. 34-2013-80001485
THE A GENC Y RECESSED TO THE JOINT CLOSED SESSION OF THE CITY
COUNCIL AND SUCCESSOR AGENCYAT 3:04 P.M.
CHAIRPERSON ADOLPH RECONVENED THE SUCCESSOR AGENCY MEETING AT
6:09 P.M. WITH ALL MEMBERS PRESENT. NO ACTIONS WERE TAKEN IN
CLOSED SESSION THAT REQUIRE REPORTING PURSUANT TO GOVERNMENT
CODE SECTION 54957.1 (BROWN ACT).
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA
Agency Member Evans requested that Consent Item No. 4 be pulled for separate
discussion and vote. Agency Members concurred.
PRESENTATIONS - None
WRITTEN COMMUNICATIONS - None
CITY AS SUCCESSOR AGENCY TO RDA
OCTOBER 15, 2013
4
APPROVAL OF MINUTES
MOTION - A motion was made and seconded by Agency Members Evans/Franklin
to approve the minutes of October 1, 2013 as submitted. Motion passed
unanimously.
CONSENT CALENDAR
1 RECEIVE AND FILE TREASURER'S REPORTS DATED JULY 31, 2013 AND
AUGUST 31, 2013
2. RECEIVE AND FILE REVENUE & EXPENDITURE REPORTS DATED AUGUST
31, 2013 AND INVESTMENT SUMMARY REPORT FOR THE QUARTER
ENDING SEPTEMBER 30, 2013
3. APPROVE DEMAND REGISTER DATED OCTOBER 15, 2013
4. (Pulled by Agency Member Evans and moved to the Business section for
separate discussion and vote) AUTHORIZE THE EXECUTIVE DIRECTOR TO
TRANSFER UP TO $41,431,179 TO THE COUNTY OF RIVERSIDE AUDITOR -
CONTROLLER
MOTION - A motion was made and seconded by Agency Members Franklin/
Osborne to approve the Consent Calendar as recommended, with the exception of
Item No. 4. Motion passed unanimously.
BUSINESS SESSION
Consent Calendar Item No. 4 - AUTHORIZE THE EXECUTIVE DIRECTOR TO
TRANSFER UP TO $41,431,179 TO THE COUNTY OF RIVERSIDE AUDITOR -
CONTROLLER
Agency Members requested that the Agency Secretary copy their comments from
the City Council Meeting Minutes on this same item and insert them here for the
record.
From the City Council Meeting Minutes of October 15, 2013, Business Item No. 1:
Councilmember Evans stated that she could not approve writing a check to
the State of California for $41 million without comment. This is another
opportunity to plead the City's case against the Governor's method of
piecemeal legislation, and reiterate the City's fight to retain the funds it
legitimately utilized through written contractual loans from the City's General
Fund to the former La Quinta Redevelopment Agency. The City has now
received a letter of demand for the $41 million from the State yet the City
has not yet received the court's decision on its appeal. Ms. Evans said that
CITY AS SUCCESSOR AGENCY TO RDA 2
OCTOBER 15, 2013
5
although the City's course may be near the end of its track and the City
might eventually need to write that check, it is with discontent to say the
least. The Council has done everything imaginable legally without stopping
the progression of our City, a City that this Council and prior Councils have
worked hard to make economically viable and a great place to live, work and
shop. She said that sending $41 million to the State would not hinder the
Council from continuing its work, but it is running out of options to proceed
with some of its goals and objectives. At the 11 1h hour, when there are no
other options, Ms. Evans supports the City Manager in taking necessary
actions including releasing the $41 million to the State. She felt it is
important for the community to know that this State demand is unfair, but
fortunately, the City does have the $41 million to hand over, and the City
will still be successful despite that.
Councilmember Osborne said that he was in the court room during the
appeal hearing and regarding the contractual obligations of the RDA to the
City, the judge said that since the loan docs prepared 30 years ago did not
have language stating that repayment in full would be due if the RDA was to
be dissolved, the City cannot demand repayment now. Mr. Osborne noted
that no city would have known 30 years ago that the State would
unilaterally dissolve all RDAs and that the State is making up the rules as
they go regardless of the State Constitution and the City's rights. It is
ludicrous that the State can come in and take $41 million from this
community.
Councilmember Henderson said that there are 380 redevelopment agencies
in the State in similar circumstances and approximately 150 of them have
active lawsuits against the State. She said that La Quinta's attorneys have
done an excellent job for the City in presenting its legal case; she finds it
incredible that after hearing the City legal arguments, the State can disagree
with a straight face. Ms. Henderson said that collusion at the State level is
obvious and the City must be very careful about every move it makes
because the State is still looking for more money.
Councilmember Franklin said that the State of California no longer has
democracy; it has a demigod who proceeds with whatever he chooses to do.
The dissolution of the RDAs could have been done in a more appropriate
manner, giving cities time to do what needed to be done. Instead, this law
was imposed and the State included a claw -back provision negating
transactions preparing for the dissolution. La Quinta is being hit for $41.4
million for being fiscally responsible. It is punitive. The City did nothing
illegal. Ms. Franklin said that the City has an option, which is not to pay the
$41 million and has contemplated this course of action. However, the State
has said that it will withhold payment of the City's portion of property and
sales taxes, which is City money, not RDA money. This State action would
CITY AS SUCCESSOR AGENCY TO RDA 3
OCTOBER 15, 2013
6
amount to the comingling of funds, which the State Constitution prohibits.
Ms. Franklin would like the record to reflect her incredible fury at having to
write this check and her frustration at delaying plans for the City's future
because no one knows what the State will pull next.
Councilmember Evans said the Council has an obligation to 40,000
residents. The Council prides itself on making good decisions, which is
evident based on this money being there. She said the Council would
continue to see that this City thrives, finds ways to generate revenue, and
hopefully the State will not come up with new ways of taking more City
funds to offset their poor management of the State budget.
Mayor Adolph said that the City made a great argument showing the legality
of its case but the judge chose to support the Governor and fill the deficit
the State created rather than do what is best for citizens. Mayor Adolph
concluded that as a result of seeing judges in action, he would never again
vote for an incumbent State judge. This action hurts the City's economy, its
infrastructure, and its development, and this extends beyond La Quinta to all
nine cities in the Coachella Valley. He said La Quinta would overcome this
and move forward in its typical progressive, yet fiscally conservative way.
MOTION - A motion was made and seconded by Agency Members Evans/Franklin
to authorize the Executive Director to transfer up to $41 431,179 to the County of
Riverside Auditor -Controller. Motion passed unanimously.
STUDY SESSION - None
DEPARTMENT REPORTS
1 . EXECUTIVE DIRECTOR - OVERSIGHT BOARD REPORT
Executive Director Spevacek gave a verbal report on the actions of the Oversight
Board Meeting of October 2, 2013.
ADJOURNMENT
There being no further business, it was moved and seconded by Agency Members
Evans/ Henderson to adjourn at 6:12 p.m. Motion passed unanimously.
Respectfully submitted,
SUSAN MAYSELS, Agency Secretary
Successor Agency to the dissolved
La Quinta Redevelopment Agency
CITY AS SUCCESSOR AGENCY TO RDA 4
OCTOBER 15, 2013
7
0
OF
CITY /FSA]/ HA / FA MEETING DATE: November 19, 2013 AGENDA CATEGORY:
ITEM TITLE: RECEIVE AND FILE TREASURER'S REPORT BUSINESS SESSION:
DATED SEPTEMBER 30, 2013 CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
RECOMMENDED ACTION:
Receive and file.
FISCAL IMPACT:
None.
BACKGROUNDANALYSIS:
Per City Investment Policy, these items are presented on a monthly basis reflecting
the monthly Cash Balances, Investment Activities and the Portfolio Performance,
which is presented in the City Council's Consent Item Staff Report.
ALTERNATIVES:
None.
Report prepared by: Robbeyn Bird, Finance Director
Report approved for submission by: Frank J. Spevacek, City Manager
8
OF
CITY /FSA] / HA / FA MEETING DATE: November 19, 2013
ITEM TITLE: RECEIVE AND FILE REVENUE AND
EXPENDITURE REPORTS DATED SEPTEMBER 30,
2013
RECOMMENDED ACTION:
Receive and file.
EXECUTIVE SUMMARY:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
The monthly and year-to-date revenues and expenditures of the Successor Agency
to the La Quinta Redevelopment Agency dated September 30, 2013 are hereby
submitted for the Successor Agency Board to review, receive, and file.
FISCAL IMPACT:
None.
BACKGROUNDANALYSIS:
Revenue and expenditure reports are submitted to the Successor Agency Board
monthly to review, receive, and file. Attached is the transmittal of the September
30, 2013 Statements of Revenues and Expenditures for the Successor Agency to
the La Quinta Redevelopment Agency. Actual revenues received and expenditures
spent are $14,086 and $6,663,403. The funds budgeted are based on estimates
listed on the Recognized Obligation Payment Schedule (ROPS) and revenues are
received in January and June of each year. The expenditures represent the bond
interest and principal payments and administrative costs.
ALTERNATIVES:
None.
a
Report prepared by: Robbeyn Bird, Finance Director
Report approved for submission by: Frank J. Spevacek, City Manager
Attachments: 1. Revenue Reports for September 30, 2013
2. Expenditure Reports for September 30, 2013
Is
07/01/2013 - 09/30/2013
SUCCESSOR AGENCY ADJUSTED REMAINING %
REVENUE SUMMARY BUDGET RECEIVED BUDGET RECEIVED
PROJECT AREA NO. I Admin (237)
County of Riverside
579,200.00
0.00
579,200.00
0.000%
Pooled Cash Allocated Interest
2,000.00
0.00
2,000.00
0.000%
Non Allocated Interest
0.00
0.00
0.00
0.000%
Transfers In
0.00
0.00
0.00
0.000%
TOTAL PA 1
581,200.00
0.00
581,200.00
0.000%
TOTAL SUCCESSOR AGENCY - ADMIN 581,200.00 0.00 581,200.00 0.000%
PROJECT AREA NO. I Project (231)
County of Riverside
19,308,200.00
0.00
19,308,200.00
0.000%
Pooled Cash Allocated Interest
13,200.00
(2,877.80)
16,077.80
-21.800%
Non Allocated Interest
0.00
9,503.65
(9,503.65)
0.000%
Transfers In
0.00
0.00
0.00
0.000%
TOTAL PA 1
19,321,400.00
6,625.85
19,314,774.15
0.030%
TOTAL SUCCESSOR AGENCY - PROGRAM 19,321,400.00 6,625.85 19,314,774.15 0.030%
TOTAL SUCCESSOR AGENCY 19,902,600.00 6,625.85 19,895,974.15 0.030%
12
SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
REVENUE SUMMARY
PROJECT AREA NO. 1:
LOW/MODERATE TAX FUND:
County of Riverside
Allocated Interest
Non Allocated Interest
Miscellaneous revenue
Non Allocated Interest
Transfer In
TOTAL LOW/MOD TAX
DEBT SERVICE FUND:
County of Riverside
Allocated Interest
Non Allocated Interest
Transfers In
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT FUND
Pooled Cash Allocated Interest
Non Allocated Interest
Developer Agreement Funding
Sale of Land Proceeds
Rental Income
Litigation Proceeds
Transfers In
TOTAL CAPITAL IMPROVEMENT
07/01/2013 - 09/30/2013
ADJUSTED REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
0.00
0.00
0.00
0.000%
0.00
(1.14)
1.14
0.000%
0.00
866.81
(866.81)
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%
0.00
865.67
(865.67)
0.000%
0.00
0.00
0.00
0.000%
0.00
(0.04)
0.04
0.000%
0.00
0.00
0.00
0.000%
0.00
0.00
0.00
0.000%
0.00
(0.04)
0.04
0.000%
0.00
0.00
0.00
0.000%
0.00
1,165.93
(1,165.93)
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%
0.00
0.00
0.00
0.000%
0.00
0.00
0.00
0.000%
0.00
1,165.93
(1,165.93)
0.000%
2011 TAXABLE HOUSING BOND FUND: (249)
Pooled Cash Allocated Interest
0.00
0.00
0.00
0.000%
Non Allocated Interest
0.00
4,342.12
(4,342.12)
0.000%
Developer Agreement Funding
0.00
0.00
0.00
0.000%
Sale of Land Proceeds
0.00
0.00
0.00
0.000%
Rental Income
0.00
0.00
0.00
0.000%
Litigation Proceeds
0.00
0.00
0.00
0.000%
Transfers In
0.00
0.00
0.00
0.000%
TOTAL 2011 TAXABLE HOUSING BOND
0.00
4,342.12
(4,342.12)
0.000%
TOTAL SUCCESSOR AGENCY - PA 1
0.00
6,373.68
(6,373.68)
0.000%
13
SUCCESSOR AGENCY TO THE
07/01/2013 - 09/30/2013
LA QUINTA REDEVELOPMENT AGENCY
ADJUSTED
REMAINING
%
REVENUE SUMMARY
BUDGET
RECEIVED
BUDGET
RECEIVED
PROJECT AREA NO. 2:
LOW/MODERATE TAX FUND:
County of Riverside
0.00
0.00
0.00
0.000%
Allocated Interest
0.00
(2.33)
2.33
0.000%
Non Allocated Interest
0.00
0.00
0.00
0.000%
Transfer In
0.00
0.00
0.00
0.000%
TOTAL LOW/MOD TAX
0.00
(2.33)
2.33
0.000%
2004 LOWIMODERATE BOND FUND:
Allocated Interest
0.00
0.00
0.00
0.000%
Home Sale Proceeds
0.00
0.00
0.00
0.000%
Non Allocated Interest
0.00
307.62
(307.62)
0.000%
Transfer In
0.00
0.00
0.00
0.000%
TOTAL LOW/MOD BOND
0.00
307.62
(307.62)
0.000%
DEBT SERVICE FUND:
County of Riverside
0.00
0.00
0.00
0.000%
Allocated Interest
0.00
0.00
0.00
0.000%
Non Allocated Interest
0.00
199.06
(199.06)
0.000%
Interest Advance Proceeds
0.00
0.00
0.00
0.000%
Transfer In
0.00
0.00
0.00
0.000%
TOTAL DEBT SERVICE
0.00
199.06
(199.06)
0.000%
2011 TAXABLE NON -HOUSING BOND FUND: (417)
Pooled Cash Allocated Interest
0.00
0.00
0.00
0.000%
Non Allocated Interest
0.00
582.00
(582.00)
0.000%
Developer Agreement Funding
0.00
0.00
0.00
0.000%
Sale of Land Proceeds
0.00
0.00
0.00
0.000%
Rental Income
0.00
0.00
0.00
0.000%
Litigation Proceeds
0.00
0.00
0.00
0.000%
Transfers In
0.00
0.00
0.00
0.000%
TOTAL 2011 TAXABLE NON -HOUSING BOND
0.00
582.00
(582.00)
0.000%
TOTAL SUCCESSOR AGENCY - PA 2
0.00
1,086.35
(1,086.35)
0.000%
TOTAL SUCCESSOR AGENCY
19,902,600.00
14,085.88
19,888,514.12
0.071%
14
SUCCESSOR AGENCY
EXPENDITURE SUMMARY
ADMIN
RPTTF
ADJUSTED 09/30/13 REMAINING
BUDGET EXPENDITURES ENCUMBERED BUDGET
SERVICES
195,000.00
27,799.47
0.00
167,200.53
REIMBURSEMENT TO GEN FUND
387,100.00
0.00
0.00
387,100.00
TRANSFERS OUT
0.00
0.00
0.00
0.00
TOTAL PA 1 - Admin
582,100.00
27,799.47
0.00
554,300.53
TOTAL SUCCESSOR AGENCY - Admin
582,100.00
27,799.47
0.00
554,300.53
SERVICES
0.00
0.00
0.00
0.00
BOND PRINCIPAL
6,190,000.00
0.00
0.00
6,190,000.00
BONDINTEREST
13,118,200.00
6,635,348.65
0.00
6,482,851.35
REIMBURSEMENT TO GEN FUND
0.00
0.00
0.00
0.00
TRANSFERS OUT
0.00
0.00
0.00
0.00
TOTAL PA I - Program
19,308,200.00
6,635,348.65
0.00
12,672,851.35
TOTAL SUCCESSOR AGENCY - Program
19,308,200.00
6,635,348.65
0.00
12,672,851.35
15
SUCCESSOR AGENCY TO THE ADJUSTED 9/30/2013 REMAINING
LA QUINTA REDEVELOPMENT AGENCY BUDGET EXPENDITURES ENCUMBERED BUDGET
EXPENDITURE SUMMARY
PROJECT AREA NO. 1:
CAPITAL IMPROVEMENT FUND:
SERVICES 0.00 0.00 0.00 0.00
REIMBURSEMENT TO GEN FUND 0.00 0.00 0.00 0.00
TRANSFERS OUT 13,208,161.00 255.14 0.00 13,207,905.86
TOTAL CAPITAL IMPROVEMENT 13,208,161.00 255.14 0.00 13,207,905.86
2011 TAXABLE HOUSING BOND(249)
SERVICES 0.00 0.00 0.00 0.00
TRANSFERS OUT 25,514,502.00 0.00 0.00 25,514,502.00
TOTAL 2011 TAXABLE HOUSING BOND 25,514,502.00 0.00 0.00 25,514,502.00
TOTAL SUCCESSOR AGENCY - PA 1 38,722,663.00 255.14 0.00 38,722,407.86
SUCCESSOR AGENCY TO THE
LA QUINTA REDEVELOPMENT AGENCY
EXPENDITURE SUMMARY
PROJECT AREA NO. 2:
ADJUSTED 9/30/2013 REMAINING
BUDGET EXPENDITURES ENCUMBERED BUDGET
2004 LOW/MODERATE BOND FUND
HOUSING PROGRAMS 0.00
0.00
0.00
0.00
LAND 0.00
0.00
0.00
0.00
TRANSFERS OUT 2,564,204.00
0.00
0.00
2,564,204.00
TOTAL LOW/MOD BOND 2,564,204.00
0.00
0.00
2,564,204.00
2011 RDA 2 TAXABLE BOND FUND:(417)
SERVICES
0.00
0.00
0.00
0.00
ECONOMIC DEVELOPMENT
0.00
0.00
0.00
0.00
TRANSFERS OUT
2,399,786.00
0.00
0.00
2,399,786.00
TOTAL RDA NO. 2 TAXABLE BOND
2,399,786.00
0.00
0.00
2,399,786.00
TOTAL SUCCESSOR AGENCY - PA 2 4,963,990.00 0.00 0.00 4,963,990.00
TOTAL SUCCESSOR AGENCY 63,576,953.00 6,663,403.26 0.00 56,913,549.74
16
17
OF
CITY /[SA / HA / FA MEETING DATE: November 19, 2013
ITEM TITLE: APPROVE DEMAND REGISTER DATED
NOVEMBER 19, 2013
RECOMMENDED ACTION:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
Receive and file demand register dated November 19, 2013, of which
$41,338,707.29 represents Successor Agency expenditures as detailed below:
Vendor:
Account No.: Amount: Purpose:
Riverside Co Auditor DOF Reimbursement $41,378,966.00 Unencumbered Funds
Rutan & Tucker Cont. Svc./Attorney $ 5,141.29 SA-AB26
Rutan & Tucker Cont. Svc./Attorney $ 4,000.00 Retainer
Willdan Financial Cont. Svc./Consultants $ 600.00 12/13 CDIAC Report
BACKGROUND/ANALYSIS:
The City has elected to be the Successor Agency of the La Quinta Redevelopment
Agency. The Successor Agency shall continue to make payments required pursuant to
an adopted enforceable obligations payment schedule. The payments included on this
Demand Register represent the prior month's expenditures.
ALTERNATIVES:
None.
Report prepared by: Sandra Mancilla, Account Technician
Report approved for submission by: Robbeyn Bird, Finance Director
18
19