2011 06 21 FA MinutesLA QUINTA FINANCING AUTHORITY
MINUTES
JUNE 21, 2011
A regular meeting of the La Quinta Financing Authority was called to order
by Chairman Adolph.
PRESENT: Board Members Evans, Franklin, Henderson, Sniff,
Chairman Adolph
ABSENT: None
PUBLIC COMMENT - None
CONFIRMATION OF AGENDA — Confirmed
APPROVAL OF MINUTES
MOTION — It was moved by Board Members Sniff /Franklin to approve the
Financing Authority Minutes of May 17, 2011 as submitted. Motion carried
unanimously.
CONSENT CALENDAR
1. RECEIVE AND FILE TREASURER'S REPORT FOR APRIL 30, 2011 .
2. RECEIVE AND FILE REVENUE & EXPENDITURE REPORT FOR APRIL
30, 2011
3. ADOPTION OF A RESOLUTION ADOPTING THE INVESTMENT POLICY
OF THE CITY OF LA QUINTA FOR FISCAL YEAR 2011/2012
(RESOLUTION NO. FA 2011-003)
4. APPROVAL OF FISCAL YEAR 2011/2012 PRELIMINARY BUDGET
MOTION — It was moved by Board Members Sniff /Franklin to approve
the Consent Calendar as recommended with Item No. 3 being
approved by RESOLUTION NO. FA 2011 -003. Motion carried
unanimously.
Financing Authority Minutes 2 June 21, 2011
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 /Evans to adjourn. Motion carried unanimously.
i t Clerk
}