2014 03 18 FA MinutesFINANCING AUTHORITY
MINUTES
TUESDAY, MARCH 18, 2014
A regular meeting of the La Quinta Financing Authority was called to order at 7:11
p.m. by Chairperson Adolph.
PRESENT: Authority Members Evans, Franklin, Henderson, Osborne, Chair Adolph
ABSENT: None
PUBLIC COMMENT — None
CONFIRMATION OF AGENDA — Confirmed
APPROVAL OF MINUTES
MOTION — A motion was made and seconded by Authority Members Evans/
Henderson to approve the minutes of February 18, 2014 as submitted. Motion
passed unanimously.
CONSENT CALENDAR
1. RECEIVE AND FILE TREASURER'S REPORT DATED DECEMBER 31, 2013
2. RECEIVE AND FILE REVENUE AND EXPENDITURES REPORT DATED
DECEMBER 31, 2013
MOTION — A motion was made and seconded by Authority Members Franklin/
Evans to approve the Consent Calendar as recommended. Motion passed
unanimously.
BUSINESS SESSION
1. RESOLUTION APPROVING ISSUANCE AND SALE OF SUBORDINATE TAX
ALLOCATION REFUNDING BONDS [RESOLUTION FA 2014-0011
MOTION — A motion was made and seconded by Authority Members Evans/
Franklin to adopt Resolution FA 2014-001 entitled:
RESOLUTION OF THE LA QUINTA FINANCING AUTHORITY
AUTHORIZING THE EXECUTION OF THE ESCROW AGREEMENT
FINANCING AUTHORITY MINUTES 1
MARCH 18, 2014
RELATING TO THE REFUNDING OF THE 2004 TAX ALLOCATION
REFUNDING BONDS (HOUSING BONDS)
Motion passed unanimously.
CHAIR AND BOARD MEMBERS' ITEMS — None
PUBLIC HEARINGS — None
ADJOURNMENT
There being no further business, it was moved and seconded by Authority
Members Evans/Henderson to adjourn at 7:12 p.m. Motion passed unanimously.
Respectfully submitted,
SUSAN MAYSELS, AAthority Secretary
La Quinta Financing Authority
FINANCING AUTHORITY MINUTES 2
MARCH 18, 2014