2002 07 16 FA Minutes LA QUINTA FINANCING AUTHORITY
MINUTES
JULY 16, 2002
A meeting of the La Quinta Financing Authority was called to order by Chairman Pefia.
PRESENT: Board Members Adolph, Henderson, Perkins, Sniff, Chairman Pefia
ABSENT: None
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA - Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Adolph/Sniff to approve the Minutes of
June 18, 2002, as submitted. Motion carried unanimously.
MOTION- It was moved by Board Members Henderson/Adolph to approve the Minutes
of June 20, 2002, as submitted. Motion carried unanimously.
CONSENT CALENDAR
1. TRANSMITTAL OF TREASURER'S REPORT DATED MAY 31, 2002.
2. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED MAY 31,
2002, AND INVESTMENT SUMMARY REPORT FOR THE QUARTER ENDING
JUNE 30, 2002.
MOTION - It was moved by Board Members Sniff/Henderson to approve the
Consent Calendar as recommended. Motion carried unanimously.
BUSINESS SESSION
1. CONSIDERATION OF A RESOLUTION APPROVING THE FISCAL YEAR
2002/2003 LA QUINTA FINANCING AUTHORITY BUDGET.
There were no changes to the staff report as submitted and on file in the City
Clerk's Office.
Financing Authority Minutes 2 July 16, 2002
RESOLUTION NO. FA 2002-02
A RESOLUTION OF THE LA QUINTA FINANCING AUTHORITY OF THE CITY OF
LA QUINTA, CALIFORNIA, APPROVING A BUDGET FOR FISCAL YEAR
2002/2003.
It was moved by Board Members Sniff/Adolph to adopt Resolution No.
FA 2002-02 as submitted. Motion carried unanimously.
DEPARTMENT REPORTS - None
CHAIR AND BOARD MEMBERS' ITEMS - None
PUBLIC HEARINGS - None
ADJOURNMENT
There being no further business, it was moved by Board Members Sniff/Adolph to
adjourn the meeting. Motion carried unanimously.
Respectfully submitted,
JUNE S. GREEK, Secretary
La Quinta Financing Authority