2003 07 22 FA Minutes LA QUINTA'FINANCING AUTHORITY
MINUTES
JULY 22, 2003
A regular meeting of the La Quinta Financing Authority was called to order
by Chairman Adolph.
PRESENT: Board Members Henderson, Osborne, Perkins, Sniff, Chairman
Adolph
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 June 13, 2003 as submitted. Motion carried
unanimously.
MOTION - It was moved by Board Members Sniff/Henderson to approve the
Financing Authority Minutes of June 17, 2003 as submitted. Motion carried
unanimously.
CONSENT CALENDAR
1. TRANSMITTAL OF TREASURER'S REPORT DATED MAY 31, 2003
2. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED MAY
31, 2003, AND THE INVESTMENT SUMMARY REPORT FOR THE
QUARTER ENDING JUNE 30, 2003.
MOTION - It was moved by Board Members Henderson/Perkins to
approve the Consent Calendar as recommended. Motion carried
unanimously.
Financing Authority Minutes 2 July 22, 2003
BUSINESS SESSION
1. CONSIDERATION OF A RESOLUTION APPROVING THE FISCAL YEAR
2003/2004 LA QUINTA FINANCING AUTHORITY BUDGET.
There were no changes to the staff report as submitted and on file in
the City Clerk's Office.
RESOLUTION NO. FA 2003-02
A RESOLUTION OF THE FINANCING AUTHORITY OF THE CITY OF
LA QUINTA, CALIFORNIA, APPROVING A BUDGET FOR FISCAL YEAR
2OO3/2O04.
It was moved by Board Members Sniff/Osborne to adopt Resolution
No. FA 2003-02 as submitted. Motion carried unanimously.
CHAIR AND BOARD MEMBERS' ITEMS - None
PUBLIC HEARINGS - None
ADJOURNMENT
There being no further business, it was moved by Board Members
Sniff/Osborne to adjourn. Motion carried unanimously.
Respectfully submitted,
JUNE S. GREEK, City Clerk
City of La Quinta, California