2008 06 19 FA Minutes Special MtgLA QUINTA FINANCING AUTHORITY
SPECIAL MEETING
MINUTES
JUNE 19, 2008
An adjourned meeting of the La Quinta 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
CONSENT CALENDAR
1. ADOPTION OF A RESOLUTION ADOPTING THE INVESTMENT POLICY
OF THE CITY OF LA QUINTA FOR FISCAL YEAR 2008/2009.
(RESOLUTION NO. FA 2008-001)
MOTION - It was moved by Board Members Sniff/Osborne to approve
the Consent Calendar as recommended with Item No. 1 being
approved by Resolution No. FA 2008-001. Motion carried
unanimously.
BUSINESS SESSION
1. CONSIDERATION OF FISCAL YEAR 2008/2009 PRELIMINARY
BUDGET.
MOTION - It was moved by Board Members Sniff/Osborne to adopt
the Fiscal Year 2008/2009 Preliminary Budget, and direct staff to
prepare a Fiscal Year 2008/2009 Final Budget for the July 15, 2008,
Financing Authority meeting. Motion carried unanimously.
CHAIR AND BOARD MEMBERS' ITEMS -None
Financing Authority Minutes 2 June 19, 2008
ADJOURNMENT
There being no further business, it was moved by Board Members Sniff/Kirk
to adjourn. Motion carried unanimously.
Respec fully subs
ERONICA J.~
City of La Qumta
)NTECINO, City Clerk
California