2004 01 20 FA04 '
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G
OF
FINANCING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico
La auinta, California 92253
Regular Meeting
Tuesday, January 20, 2004 - 3:00 P.M.
Beginning Resolution No. FA 2004-001
CALL TO ORDER
Roll Call:
Board Members: Henderson, Osborne, Perkins, Sniff, and Chairman Adolph
PUBLIC COMMENT
At this time members of the public may address the Financing Authority on items that
appear within the Consent Calendar or matters that are not listed�on the agenda. Please
complete a "request to speak" form and limit your comments to three minutes. When you
are called to speak, please come forward and state your name for the record. Please
watch the timing device on the podium.
For all Business Session matters or Public Hearings on the agenda, a completed "request to
speak" form should be filed with the City Clerk prior to beginning consideration of that
item.
CONFIRMATION OF AGENDA
APPROVAL OF MINUTES
1. APPROVAL OF MINUTES OF DECEMBER 16, 2003.
Financing Authority Agenda 1 January 20, 2004
CONSENT CALENDAR
NOTE: Consent Calendar items are considered to be routine in nature and will be approved
by one motion.
1. TRANSMITTAL OF TREASURER'S REPORT DATED NOVEMBER 30, 2003.
2. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED NOVEMBER 30,
2003 AND INVESTMENT SUMMARY REPORT FOR THE QUARTER ENDING
DECEMBER 31, 2003.
BUSINESS SESSION - NONE
CHAIR AND BOARD MEMBERS' ITEMS - NONE
PUBLIC HEARINGS - NONE
ADJOURNMENT
Adjourn to a regularly scheduled meeting of the Financing Authority to be held on February
17, 2004 at 3:00 p.m. in the City Council Chambers, 78-495 Calle Tampico, La Quinta,
CA 92253.
DECLARATUON OF POSTING
I, June S. Greek, City Clerk of the City of La Quinta, do hereby declare that the foregoing
agenda for the La Quinta Financing Authority meeting of Tuesday, January 20, 2004, was
posted on the outside entry to the Council Chamber, 78-495 Calle Tampico and on the
bulletin board at the La Quinta Chamber of Commerce and at Stater Bros. 78-630 Highway
111, on Friday, January 16, 2004.
DATED: January 16, 2004
Qom. � -
C.J �
JUNE S. GREEK, CMC, City Clerk
City of La Quinta, California
Financing Authority Agenda 2 January 20, 2004
Tiht 4 4 Q"
COUNCIL/RDA MEETING DATE: January 20, 2004
Transmittal of Treasurer's Report
as of November 30, 2003
RECOMMENDATION:
It is recommended the La Quinta Financing Authority:
Receive and file.
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
COUNCIL/RDA MEETING DATE:
Transmittal of Revenue and
Expenditure Report November
30, 2003 and Investment
Summary Report for the Quarter
Ending December 31, 2003
RECOMMENDATION:
Receive and File
AGENDA CATEGORY:
BUSINESS SESSION:
January 20, 2004 CONSENT CALENDAR: o12-
BACKGROUND AND OVERVIEW:
STUDY SESSION:
PUBLIC HEARING:
Transmittal of the November 30, 2003 Statement of Revenue and Expenditures and
Investment Summary Report for the Quarter Ending December 31, 2003 for the La
Quinta Financing Authority.
y submitted:
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Joh,h M. Falconer, Finance Director
Approved for Submission by:
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Thomas P. Genovese, Executive Director
Attachments 1. Revenue and Expenditures Report, November 30, 2003
2. Investment Summary Report for the Quarter Ending December 31,
2003
ATTACHMENT 1
LA QUINTA FINANCING AUTHORITY
REVENUE DETAIL
DEBT SERVICE REVENUE:
Contractual Services Fees
Non Allocated Interest
Rental Income
Transfer In
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT REVENUE:
Pooled Cash Allocated Interest
Non Allocated Interest
TOTAL CIP REVENUE
REMAINING
BUDGET RECEIVED BUDGET
9,500.00
9,686.00
(186.00)
0.00
5.90
(5.90)
680,830.00
493,882.32
186,947.68
0.00
0.00
690,330.00
503,574.22
186,755.78
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
TOTAL FINANCING AUTHORITY 690,330.00 503,574.22 186,755.78
F"
LA QUINTA FINANCING AUTHORITY
EXPENDITURE SUMMARY
DEBT SERVICE EXPENDITURES
SERVICES
BOND PRINCIPAL
BONDINTEREST
TRANSFER OUT
CAPITAL IMPROVEMENT EXPENDITURES
TRANSFER OUT
07101/2003-11130103
BUDGET EXPENDITURES ENCUMBERED
9,686.00
2,924.00
0.00
300,000.00
300,000.00
0.00
380,830.00
193,940.00
0.00
0.00
0.00
0.00
TOTAL DEBT SERVICE 690,516.00
496,864.00
0.00
(131,792.42) 0.00 0.00
TOTAL CAPITAL IMPROVEMENT (131,792.42) 0.00 0.00
TOTAL FINANCING AUTHORITY 5
ATTACHMENT 2
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