2007 06 19 FA Minutes
LA OUINTA FINANCING AUTHORITY
MINUTES
JUNE 19, 2007
A regular meeting of the Ll'! Ouinta Financing Authority was called to order
by Chairman Adolph.
PRESENT: Board Members Henderson, Kirk, Osborne, Sniff,
Chairman Adolph
ABSENT: None
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA - Confirmed
APPROVAL OF MINUTES
MOTION - It was moved by Board Members Sniff/Osborne to approve the
Financing Authority Minutes of May 15, 2007 as submitted. Motion carried
unanimously.
CONSENT CALENDAR
1. . RECEIVE AND FILE THE TREASURER'S REPORT DATED APRIL 30,
2007.
2. RECEIVE AND FILE THE REVENUE & EXPENDITURES REPORT DATED
APRIL 30. 2007.
3. ADOPTION OF A RESOLUTION ADOPTING THE INVESTMENT POLICY
OF THE CITY OF LA OUINTA FOR FISCAL YEAR 2007/2008.
(RESOLUTION NO. FA 2007-001).
MOTION - It was moved by Board Members Sniff/Osborne to approve
the Consent Calendar as recommended and with item No. 3 being
approved by RESOLUTION NO. FA 2007-001. Motion carried
unanimously.
Financing Authority Minutes
2
June 19, 2007
BUSINESS SESSION - None
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.
VERONICA J. NTECINO, City Clerk
City of La Quinta, California