1997 12 16 FA Minutesd_N LA QUINTA FINANCING AUTHORITY
MINUTES
DECEMBER 16, 1997
Meeting of the La Quinta Financing Authority was called to order by Chairman Pena.
PRESENT: Board Members Adolph, Henderson, Perkins, Sniff, Chairman Pena
ABSENT: None
PUBLIC COMMENT None
CONFIRMATION OF AGENDA Confirmed
APPROVAL OF MINUTES
MOTION It was moved by Board Members Sniff/Henderson to approve the Financing
Authority Minutes of July 1 5, 1 997 as submitted. Motion carried with Chairman Rena
ABSTAINING.
BUSINESS SESSION
1. CONSIDERATION OF THE COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR
THE YEAR ENDED JUNE 30, 1997.
There were no changes to the staff report as submitted to the City Council from
the Finance Department and on file in the City Clerk's Department.
MOTION It was moved by Board Members Sniff/Adolph to receive and file the
Comprehensive Annual Financial Report for the year ended June 30, 1 997.
Motion carried unanimously.
CONSENT CALENDAR
1. TRANSMITTAL OF TREASURER'S REPORT DATED OCTOBER31, 1997.
2. APPROVAL OF ANNUAL CONTINUING DISCLOSURE FOR THE LA QUINTA
FINANCING AUTHORITY 1996 LEASE REVENUE REFUNDING BONDS FOR
FISCAL YEAR ENDED JUNE 30.1997.
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d_NFinancing Authority Minutes 2 December 1 6, 1 997
MOTION It was moved by Board Members Adolph/Sniff to approve the
Consent Calendar as recommended. Motion carried unanimously.
DEPARTMENT REPORTS
1. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED OCTOBER 31,
1997.
MOTION It was moved by Board Members Sniff/Henderson to receive and file
the Revenue & Expenditures Report dated October 31, 1997. Motion carried
unanimously.
CHAIR AND BOARD MEMBERS? ITEMS None
PUBLIC HEARINGS None
There being no further business, it was moved by Board Members Sniff/Adolph to
adjourn the meeting. Motion carried unanimously.
Res ectfully submitted,
AUNDRA L. JUHOLA, Secretary
La Quinta Financing Authority
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