2017 06 20 FA MinutesFINANCING AUTHORITY MINUTES Page 1 of 2 JUNE 20, 2017
SPECIAL MEETING
Reviewed by Council on 7/5/2017 agenda – Item R26
FINANCING AUTHORITY
MINUTES
TUESDAY, JUNE 20, 2017
A special meeting of the La Quinta Financing Authority was called to order at 6:15
p.m. by Chairperson Evans.
PRESENT: Authority Members Fitzpatrick, Peña, Radi, Sanchez, Chair Evans
ABSENT: None
CLOSED SESSION – None
PUBLIC COMMENT – None
CONFIRMATION OF AGENDA – Confirmed
ANNOUNCEMENTS, PRESENTATIONS, AND WRITTEN COMMUNICATIONS – None
CONSENT CALENDAR
1. APPROVE MINUTES DATED JULY 5, 2016
MOTION – A motion was made and seconded by Authority Members Radi/Fitzpatrick to
approve the Consent Calendar as recommended.
Motion passed: ayes 4, abstain 1 (Sanchez)
BUSINESS SESSION
1. ADOPT A RESOLUTION TO APPROVE FISCAL YEAR 2017/18 FINANCING
AUTHORITY ANNUAL BUDGET [RESOLUTION NO. FA 2017-001]
Council waived presentation of the staff report.
MOTION – A motion was made and seconded by Authority Members Peña/Sanchez to
adopt Resolution No. FA 2017-001 as recommended:
A RESOLUTION OF THE LA QUINTA FINANCING AUTHORITY
APPROVING A BUDGET FOR FISCAL YEAR 2017/2018
Motion passed unanimously.
FINANCING AUTHORITY MINUTES Page 2 of 2 JUNE 20, 2017
SPECIAL MEETING
Reviewed by Council on 7/5/2017 agenda – Item R26
STUDY SESSION – None
PUBLIC HEARINGS – None
DEPARTMENTAL REPORTS – None
CHAIR AND AUTHORITY MEMBERS' ITEMS – None
REPORTS AND INFORMATIONAL ITEMS – None
ADJOURNMENT
There being no further business, it was moved and seconded by Authority Members
Sanchez/Peña to adjourn at 6:21 p.m. Motion passed unanimously.
Respectfully submitted,
SUSAN MAYSELS, Authority Secretary
La Quinta Financing Authority