2009 05 19 FAa4 La/ � � � 1 rr•
S
cFM OF
FINANCING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico
La Quinta, California 92253
Regular Meeting
TUESDAY, MAY 19, 2009 — 4:00 P.M.
Beginning Resolution No. FA 2009-001
CALL TO ORDER
Roll Call:
Board Members: Franklin, Henderson, Kirk, 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 APRIL 21, 2009.
�... ^ 001
Financing Authority Agenda 1 May 19, 2009
CONSENT CALENDAR
NOTE: Consent Calendar items are considered to be routine in nature and will be approved
by one motion.
1. RECEIVE AND FILE TREASURER'S REPORT DATED MARCH 31, 2009.
2. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED MARCH
31, 2009.
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 June 2, 2009,
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 May 19,
2009, 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 May 15, 2009.
/DATEMay 15, 2009
VERONICA J. NTECINO, City Clerk
City of La Q nta, California
Public Notice
Any writings or documents provided to a majority of the Financing Authority regarding any
item on this agenda will be made available for public inspection at the City Clerk counter at
City Hall located at 78-495 Calle Tampico, La Quinta, California, 92253, during normal
business hours.
002
Financing Authority Agenda 2 May 19, 2009
Tihw4rwQ.arr,
COUNCIL/RDA MEETING DATE: May 20, 2008
ITEM TITLE: Receive and File Transmittal of
Treasurer's Report as of March 31, 2009
RECOMMENDATION:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: /
STUDY SESSION:
PUBLIC HEARING:
It is recommended the La Quinta Financing Authority Board:
Receive and File the Treasurer's Report as of March 31, 2009.
PLEASE SEE BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
003
Tit�p 4 4 a"
COUNCIL/RDA MEETING DATE: May 19, 2009
ITEM TITLE: Receive and File Transmittal of
Revenue and Expenditure Report for March 31, 2009
RECOMMENDATION:
Receive and File
BACKGROUND AND OVERVIEW:
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR:
--
STUDY SESSION:
PUBLIC HEARING:
Transmittal of the March 31, 2009 Statement of Revenue and Expenditures for the La
Quinta Financing Authority.
Respectfully submitted,
ohn M. Falconer, Finance Director
3—
Approved for submission by:
l
Thomas P. Genovese, Executive Director
Attachment: 1. Revenue and Expenditures Report, March 31, 2009
004
07/01/2008 - 03/31/2009
A l l AUHIVItN 17
LA QUINTA FINANCING AUTHORITY
REVENUE DETAIL
DEBT SERVICE REVENUE:
Contractual Services Fees
Non Allocated Interest
Rental Income
Transfer In
TOTAL DEBT SERVICE
CAPITAL
Pooled Cash Allocated Interest
Non Allocated Interest
TOTAL CIP REVENUE
TOTAL FINANCING AUTHORITY
REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
15,000.00
10,041.25
4,958.75
66.940%
0.00
0.00
0.00
0.000%
676.450.00
533,260.00
143,190.00
78.830%
5.919.994.00
5,919,993.76
0.24
100.000%
6.611.444.00
6,463,295.01
148,148.99
97.760%
0.00 0.00 0.00 0.000%
0.00 0.00 0.00 0.000%
0.00 0.00 0.00 0.000%
6,611,444.00 6.463.295.01 148,148.99 97.760%
005 2
LA OUINTA FINANCING AUTHORITY
EXPENDITURE SUMMARY
ADJUSTED 0710112008 - OW3112009 REMAINING
BUDGET EXPENDITURES ENCUMBERED BUDGET
DEBT SERVICE EXPENDITURES
SERVICES
BOND PRINCIPAL - INS
BOND PRINCIPAL -2004
BONDINTEREST-1996
SONDINTEREST-2004
TRANSFER OUT
CAPITAL IMPROVEMENT EXPENDITURES
BOND ISSUANCE COSTS
TRANSFER OUT
15,800.00
10,041.25
0.00
5,75675
380,000.00
380,000.00
0.00
0.00
1,615,000.00
1,615000.00
0.00
0,00
296,450.00
153,260,00
0.00
143.190,00
4,304,994,00
4,304,993.76
0.00
0.24
0.00
0.00
0,00
0.00
TOTAL DEBT SERVICE
0.00 0.00 am 0.00
0.00 0.00 0 00 0.00
TOTAL CAPITAL IMPROVEMENT
TOTAL FINANCING AUTHORITY