2020 11 23 FAC MinutesFINANCIAL ADVISORY COMMISSION MINUTES 1 NOVEMBER 23, 2020
SPECIAL MEETING
FINANCIAL ADVISORY COMMISSION
SPECIAL MINUTES
WEDNESDAY, NOVEMBER 23, 2020
CALL TO ORDER
A special meeting of the Financial Advisory Commission (Commission) was called to
order at 4:00 p.m. by Chairperson Mills.
This meeting was held by teleconference pursuant to Executive orders N-25-20, N-
29-20, N-33-20, and N-35-20, executed by the Governor of California in response to
the state of emergency relating to novel coronavirus disease 2019 (COVID-19) and
enabling teleconferencing accommodations by suspending or waiving specified
provisions of the Ralph M. Brown Act (Government Code § 54950 et seq.).
PRESENT: Commissioners Batavick, Hoffner, Hunter, Rosen, Twohey, Way and
Chairperson Mills
ABSENT: None
STAFF PRESENT: City Clerk Radeva, Financial Services Analyst Hallick, Finance
Director Romero, Public Works Director/City Engineer McKinney, Management
Analyst Mignogna, and Assistant Construction Manager Ayon
PLEDGE OF ALLEGIANCE
Commissioner Hunter led the audience in the Pledge of Allegiance.
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA – None
CONFIRMATION OF AGENDA – Confirmed
ANNOUNCEMENTS, PRESENTATIONS, AND WRITTEN COMMUNICATIONS - None
CONSENT CALENDAR ITEMS – None
BUSINESS SESSION
1.RECOMMEND APPROPRIATION OF ADDITIONAL MEASURE G FUNDING
FOR THE SILVERROCK PARK VENUE PROJECT NO. 2016-08 AND
SILVERROCK RETENTION BASIN SOIL STABILIZATION PROJECT NO.
2020-07 (Project)
FINANCIAL ADVISORY COMMISSION MINUTES 2 NOVEMBER 23, 2020
SPECIAL MEETING
Management Analyst Mignogna, Public Works Director/City Engineer McKinney, and
Assistant Construction Manager Ayon presented the staff report, which is on file in
the Finance Department.
The Commission and staff discussed proposed phase II improvements for the Project
including enhancement options, additional funding options, soft costs, and
anticipated timeline for presenting to Council for review and consideration.
Commissioner Mills, Rosen, and Way shared their experience and what was reviewed
during the subcommittee’s recent site meetings.
Further discussion followed on the SilverRock Retention Basin Soil Stabilization
Project design process and funding.
Motion – A motion was made and seconded by Commissioners Twohey/Rosen to
recommend Council approval of additional Measure G funding appropriation, in the
amount of $290,000, for the SilverRock Park Venue Project No. 2016-08 and $10,000
for the SilverRock Retention Basin Soil Stabilization Project No. 2020-07. Motion
passed unanimously.
STUDY SESSION – None
DEPARTMENTAL REPORTS
1. FISCAL YEAR 2019/20 YEAR-END BUDGET REPORT AMENDMENT
Finance Director Romero presented the staff report, which is on file in the Finance
Department.
Finance Director Romero mentioned that the fiscal year 2019/20 year-end budget
report amendment was presented to Council on November 17, 2020.
COMMISSIONERS’ ITEMS – None
ADJOURNMENT
There being no further business, it was moved and seconded by Commissioners
Hunter/Hoffner to adjourn this meeting at 4:31 p.m. Motion passed unanimously
Respectfully submitted,
Jessica Delgado, Management Assistant
City of La Quinta, California
Digitally signed by Jessica Delgado
DN: cn=Jessica Delgado, o=City of La
Quinta, ou=Finance,
email=jdelgado@laquintaca.gov, c=US
Date: 2021.02.11 07:58:18 -08'00'