2008 01 15 FAok
5
cFM OF
FINANCING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico
La Quinta, California 92253
Regular Meeting
TUESDAY, JANUARY 15, 2008 —4:00 P.M.
Beginning Resolution No. FA 2008-001
CALL TO ORDER
Roll Call:
Board Members: Henderson, Kirk, Osborne, Sniff, and Chairman Adolph
PUBLIC COMMENT
At this time members of the public may address the Financing Authority on any matter
not listed on the agenda. Please complete a "request to speak" form and limit your
comments to three minutes.
CONFIRMATION OF AGENDA
APPROVAL OF MINUTES
1. APPROVAL OF MINUTES OF DECEMBER 18, 2007.
CONSENT CALENDAR
NOTE: Consent Calendar items are considered to be routine in nature and will be
approved by one motion. Q01
,j
Financing Authority Agenda 1 January 15, 2008
1. RECEIVE AND FILE TREASURER'S REPORT DATED NOVEMBER 30, 2007.
2. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED
NOVEMBER 30, 2007, AND INVESTMENT SUMMARY FOR QUARTER
ENDING DECEMBER 31, 2007.
BUSINESS SESSION-- NONE
CHAIR AND BOARD MEMBERS' ITEMS — NONE
PUBLIC HEARINGS — NONE
ADJOURNMENT
The next regular meeting of the Financing Authority will be held on February 19, 2008,
at 4:00 p.m. in the City Council Chambers, 78-495 Calle Tampico, La Quinta, CA
92253.
DECLARATION OF POSTING
I, Veronica Montecino, City Clerk of the City of La Quinta, do hereby declare that the
foregoing agenda for the La Quinta Financing Authority meeting of January 15, 2008,
was posted on the outside entry to the Council Chamber at 78-495 Calle Tampico and
on the bulletin boards at 51-321 Avenida Bermudas and 78-630 Highway 111, on
January 11, 2008.
DATED: J uary 11,
ERONICA J. NTI
City of La Quinta, Cali
I� 002
Financing Authority Agenda 2 January 15, 2008
F ?i
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��CFM OF 1�
COUNCIL/RDA MEETING DATE: January 15, 2008
ITEM TITLE: Transmittal of Treasurer's Report as of
November 30, 2007
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
003
ceit!t 4 XP Qumr6u
COUNCIL/RDA MEETING DATE: January 15, 2008
ITEM TITLE: Transmittal of Revenue and Expenditure
Report for November 30, 2007 and Investment
Summary Report for the Quarter Ending December 31,
2007
RECOMMENDATION:
Receive and File.
FISCAL IMPLICATIONS:
Lii"
CHARTER CITY IMPLICATIONS:
None.
BACKGROUND AND OVERVIEW:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: C
STUDY SESSION:
PUBLIC HEARING:
Transmittal of the November 30, 2007 Statement of Revenue and Expenditures and
Investment Summary Report for the Quarter Ending December 31, 2007 for the La
Quinta Financing Authority.
i 004
Respectfully submitted,
'4M S�
John M. Falconer, Finance Director
Approved for submission by:
Thomas P. Genovese, Executive Director
Attachments: 1. Revenue and Expenditures Report, November 30, 2007
2. Investment Summary Report for the Quarter Ending
December 31, 2007
1 005
E
LA OUINTA FINANCING AUTHORITY
REVENUE DETAIL
0710112007 - 11130/2007 REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
A I I AL:WMENT 1
DEBT SERVICE REVENUE:
Contractual Services Fees
Non Allocated Interest
Rental Income
Transferin
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT REVENUE'
Pooled Cash Allocated Interest
Non Allocated Interest
TOTAL CIP REVENUE
TOTAL FINANCING AUTHORITY
15.000 DO
000
15,000 00
0 000%
000
153.82
(15382)
0000%
675,880.00
522,620 00
153.260.00
77.320%
5,926,80600
3,760,178.12
216662Z88
63440%
6,617,686.00
4,282,961.94
2,334,734.06
64,720%
000 0.00 000 0 000%
000 000 0.00 O.D00%
000 000 000 O.DDO%
6,617,68600 4,282,951.94 2,334.73406 64720%
006
3
LA QUINTA FINANCING AUTHORITY
EXPENDITURE SUMMARY
07/0112007-11130/2007 REMAINING
BUDGET EXPENDITURES ENCUMBERED BUDGET
DEBT SERVICE EXPENDITURES
SERVICES
BOND PRINCIPAL- 1996
BOND PRINCIPAL - 2004
BOND INTEREST - 1996
BOND INTEREST - 2004
TRANSFER OUT
CAPITAL IMPROVEMENT EXPENDITURES
BOND ISSUANCE COSTS
TRANSFER OUT
15,80000
6,27212
000
9,527.88
360,000.00
360,000.00
0.00
000
1,570,00000
1.570,00000
000
000
315.880 00
162,620 00
0.00
153.260 00
4,356,80600
2,190,17813
000
2,166,62787
000
000
000
000
TOTAL DEBT SERVICE 5,616,48500
4,289,070,25
000
2,32
0 00 000 0.00 0.00
000 000 000 000
TOTAL CAPITAL IMPROVEMENT 000 000 000 0.00
TOTAL FINANCING AUTHORITY_
1.)
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