2005 06 21 FA Minutes
LA QUINT A FINANCING AUTHORITY
MINUTES
JUNE 21, 2005
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 May 17, 2005 as submitted. Motion carried
unanimously.
CONSENT CALENDAR
1. TRANSMITTAL OF TREASURER'S REPORT DATED APRIL 30, 2005.
2. TRANSMITTAL OF REVENUE & EXPENDITURES REPORT DATED
APRIL 30, 2005.
MOTION - It was moved by Board Members Sniff/Perkins to approve
the Consent Calendar as recommended. Motion carried unanimously.
BUSINESS SESSION
1 . CONSIDERATION OF A RESOLUTION ADOPTING THE INVESTMENT
POLICY OF THE CITY OF LA QUINTA FOR FISCAL YEAR 2005/2006.
There were no changes to the staff as submitted and on file in the
City Clerk's Office.
Financing Authority Minutes
2
June 21, 2005
RESOLUTION NO. FA 2005-001
A RESOLUTION OF THE LA QUINT A FINANCING AUTHORITY OF THE
CITY OF LA QUINT A, CALIFORNIA APPROVING AND ADOPTING THE
AMENDED INVESTMENT POLICY FOR FISCAL YEAR 2005/2006.
It was moved by Board Members Sniff/Osborne to adopt Resolution
No. FA 2005-001 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,
~--d.~
JUNE S. GREEK, City Clerk
City of La Quinta, California