2011 02 15 FA� T
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FINANCING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78 -495 Calle Tampico
La Quinta, California 92253
Regular Meeting
TUESDAY, FEBRUARY 15, 2011 — 4:00 P.M.
Beginning Resolution No. FA 2011 -001
CALL TO ORDER
Roll Call:
Board Members: Evans, Franklin, Henderson, 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
APPROVAL OF MINUTES OF JANUARY 18, 2011.
Financing Authority Agenda 1 February 15, 2011
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 DECEMBER 31, 2010.
2. RECEIVE AND FILE REVENUE & EXPENDITURES REPORT DATED DECEMBER
31, 2010.
3. APPROVAL OF MID -YEAR BUDGET REPORT FOR FISCAL YEAR 2010-2011.
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 March 15,
2011, 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 February 15,
2011, 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 1 1 1, on February 11, 2011.
DATED. February 11, 2011
VERONICA J ONTECINO, City Clerk
City of La Quinta, 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 Calls Tampico, La Quinta, California, 92253, during normal business hours.
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Financing Authority Agenda 2 February 15, 2011 0
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COUNCIL/RDA MEETING DATE: February 15 2011
ITEM TITLE: Receive and File Transmittal of
Treasurer's Report as of December 31, 2010
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
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COUNCIL/RDA MEETING DATE: February 15 2011
ITEM TITLE: Receive and File Transmittal of Revenue
and Expenditure Reports dated December 31, 2010
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: 0-•
STUDY SESSION:
PUBLIC HEARING:
RECOMMENDATION
Receive and File
FISCAL IMPLICATIONS
None.
CHARTER CITY IMPLICATIONS
None.
BACKGROUND AND OVERVIEW
Please find the December 31, 2010 Statement of Revenue and Expenditures for the
City of La Quinta Financing Authority in Attachment 5 of the consideration of Mid -
Year Budget Report for Fiscal Year 2010-2011 staff report.
Respectfully submitted,
John M. Falconer, Finance Director
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Approved for submission by:
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Thomas P. Genovese, Executive Director
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AGENDA CATEGORY:
COUNCIL/RDA MEETING DATE: February 15, 2011
BUSINESS SESSION:
ITEM TITLE: Approval of Mid -Year Budget Report for
Fiscal Year 2010-2011 CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
RECOMMENDATION
It is recommended the Financing Authority Board:
Receive and File the Mid -Year Budget Report.
PLEASE SEE BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
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