2011 09 20 HA�CF`b OF'C41ti��
HOUSING AUTHORITY
AGENDA
CITY COUNCIL CHAMBERS
78-495 Calle Tampico
La Quinta, California 92253
Regular Meeting
TUESDAY, SEPTEMBER 20, 20011 AT 4:00 P.M.
Beginning Resolution No. HA 2011-006
CALL TO ORDER
Roll Call:
Board Members: Adolph, Evans, Henderson, Sniff, and Chairperson Franklin
PUBLIC COMMENT
At this time members of the public may address the Housing 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 JULY 19, 2011
CONSENT CALENDAR
NOTE: Consent Calendar items are considered to be routine in nature and will be approved
by one motion.
APPROVAL OF DEMAND REGISTERS DATED AUGUST 16 AND SEPTEMBER
6, AND SEPTEMBER 20, 2011
001
HOUSING AUTHORITY AGENDA 1 SEPTEMBER 20, 2011
2. RECEIVE AND FILE TREASURER'S REPORT DATED JUNE 30 AND JULY 31,
2011
3. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED JUNE 30
AND JULY 31, 2011
BUSINESS SESSION.- NONE
CHAIR AND BOARD MEMBERS' ITEMS - NONE
PUBLIC HEARINGS - NONE
ADJOURNMENT
The next regular meeting of the Housing Authority will be held on October 18,
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 Housing Authority meeting of September
20, 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 111, on September 16, 2011.
DATED: eptember 16, 2011
VERONICA J. TECINO, City Clerk
City of La Quinta, California
Public Notice
Any writings or documents provided to a majority of the Housing 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.
HOUSING AUTHORITY AGENDA 2 SEPTEMBER 20, 2011 002
Tuf 4 4 49A
HOUSING AUTHORITY MEETING DATE: August 16, 2011
ITEM TITLE: Approval of Demand Register Dated
August 16, 2011
RECOMMENDATION:
It is recommended the Housing Authority Board:
Receive and File the Demand Register Dated
August 16, 2011 of which $400.00
represents Housing Authority Expenditures.
AGENDA CATEGORY:
BUSINESS SESSION
CONSENT CALENDAR I
STUDY SESSION
PUBLIC HEARING
PLEASE SEE CONSENT CALENDAR ITEM NUMBER 1 ON CITY COUNCIL AGENDA
003
I&f 4 4 Quay
HOUSING AUTHORITY MEETING DATE: September 20, 2011
ITEM TITLE: Approval of Demand Register Dated
September 20, 2011
RECOMMENDATION:
It is recommended the Housing Authority Board:
Receive and File the Demand Register Dated
September 20, 2011 of which $11,051.88
represents Housing Authority Expenditures.
AGENDA CATEGORY:
BUSINESS SESSION
CONSENT CALENDAR
STUDY SESSION
PUBLIC HEARING
PLEASE SEE CONSENT CALENDAR ITEM NUMBER 1 ON CITY COUNCIL AGENDA
1
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COUNCIL/RDA MEETING DATE: September 20, 2011
ITEM TITLE: Receive and File Transmittal of Treasurers
Reports as of June 30, 2011 and July 31, 2011
RECOMMENDATION:
It is recommended the La Quinta Housing Authority:
Receive and file.
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR:
STUDY SESSION:
PUBLIC HEARING:
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
005
OF AGENDA CATEGORY:
COUNCIL/RDA MEETING DATE: September 20, 2011 BUSINESS SESSION:
ITEM TITLE: Receive and File Transmittal of Revenue CONSENT CALENDAR:
and Expenditure Report dated June 30, 2011 and July STUDY SESSION:
31,2011
PUBLIC HEARING:
RECOMMENDATION:
Receive and File
FISCAL IMPLICATIONS:
None.
CHARTER CITY IMPLICATIONS:
None.
BACKGROUND AND OVERVIEW:
Receive and File Transmittal of the June 30, 2011 and July 31, 2011 Statement of
Revenue and Expenditures for the La Quinta Housing Authority.
Respectfully submitted,
John M. Falconer, Finance Director
Approved for submission by:
Thomas P. Genovese, Executive Director
Attachments: 1. Revenue and Expenditures Report for June 30, 2011
2. Revenue and Expenditures Report for July 31, 2011
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LA OUINTA HOUSING AUTHORITY
REVENUE SUMMARY
A 1 I AUHIVItN I "1
0710112010 - 0613012011
ADJUSTED REMAINING %
BUDGET RECEIVED BUDGET RECEIVED
PROJECT AREA NO 1 HOUSING AUTHORITY
Proceeds From Sale
Allocated Interest Income
Rental Income
Transfer In
TOTAL LO HOUSING AUTHORITY PA 1
PROJECT AREA NO 2 HOUSING AUTHORITY
WSA Fed GOA Assistance Pymts
WSA Fed Govt Interest Rate Subsidy
WSA Interest Income
WSA Non Allocated Interest Income
WSA Rental Income
WSA Other Revenues
Transfer In
TOTAL LO HOUSING AUTHORITY PA 2.
120.628.00
120.627.79
0.21
100 000%
0.00
3,743.37
(3,743.37)
0,000%
216,000.00
249,498.04
(33.498.04)
115.510%
939,075.00
781,093.99
157.981.01
83.180%
1,275703.00
1,154,963.19
120739.81
90.540%
451,400.00
446.272.00
5,128.00
98.860%
46,800.00
46,375.27
424.73
99.090%
0.00
0.00
0.00
0.000%
3,600.00
1.045.75
2.554.25
29.050%
163.300.00
172,466.13
(9,166.13)
105.610%
4,200.00
3,185.35
1,014.65
75.840%
534,787.00
509,111.74
25,675.26
95,200%
1,204,087.00
1,178,456.24
25,63076
97.870%
110
L
LA GUINTA HOUSING AUTHORITY
EXPENDITURE SUMMMY
ADJUSTED USI30111 REMAINING
BUDGET EXPENDITURES ENCUMBERED BUDGET
PROJECT AREA NO 1 HOUSING AUTHORITY
INTERESTADVMCE 000 1079 (1039)
SERVICES 395,11MM 224580.56 171,269.H
TRANSFER OUT 0,00 000
TOTAL PROJECT MEP NO T HOUSING AUTHORITY 395,850,00
PROJECT MEA NO ] HOUSING AUTHORITY
SERVICES
23,VK 00
2,930.]4
WASH ST APTS EXPENSES
429,3MM
315,972.04
WSA PRINIPROVIDENT LOAN
2752500
27.525.09
WSA PRIWUSOA LOAN
11,78SM
11]88.00
WSA INTERESTIPROVIDENT LOAN
126,949.00
126,949.35
WGA INTERESTIUSDA LOAN
73,49400
73,40.51
INTERESTADVMCE
000
12.10
TOTAL HOUSING AUTHORITY
LI t
�3
A 1 1 AI,nIVIUM 1 L
07/01/2011 - 07131/2011
LA QUINTA HOUSING AUTHORITY
ADJUSTED
REMAINING
%
REVENUE SUMMARY
BUDGET
RECEIVED
BUDGET
RECEIVED
PROJECT AREA NO 1 HOUSING AUTHORITY
Proceeds From Sale
125,000.00
0.00
125,000.00
0.000%
AIIOcated Interest Income
3,800.00
(931.22)
4,731.22
-24.510%
Rental. Income
240.000.00
20.558.23
219,441.77
8.570%
Transfer in
0.00
0.00
0.00
0.000%
TOTAL LO HOUSING AUTHORITY PA 1
- 368,8W.00
19,62L01
349,172.99
5.320%
PROJECT AREA NO2 HOUSING AUTHORITY
WSA Fed GoA Assistance Pymts
451 X0.00
37,077.00
414.323.00
8.210%
WSA Fed Gov! Interest Rate Subsidy
46.800.00
0,00
46.800.00
0,000%
WSA Interest Income
0.00
0.00
0.00
0.000%
WSA Non Allowted Interest Income
1,090.00
106.72
983.28
9.790%
WSA Rental Income
163,300.00
14,868.00
148,432.00
9.100%
WSA Other Revenues
3,700.00
166.25
3,533.75
4.490%
Transfer In
0.00
0.00
0.00
0.000%
TOTAL LQ HOUSING AUTHORITY PA 2
666,290.00
52.217.97
614,072.03
7.840%
Ong .
4
LA OUINTA HOUSING AUTHORITY
EXPENDITURE SUMMARY
ADJUSTED 07/31H1 REMAINING
BUDGET EXPENDITURES ENCUMBERED BUDGET
PROJECT AREA NO 1 HOUSING AUTHORITY
SERVICES
18,11200
200,00
17,912.00
HOUSING DEVELOPMENT PROGRAM
350,000.00
11,619.41
338,380.59
TRANSFER OUT
000
0.00
TOTAL PROJECT AREA NO 1 HOUSING AUTHORITY
PROJECT AREA NO 2 HOUSING AUTHORITY
SERVICES
22,512.00
200,00
22,312.00
WASH ST APTS EXPENSES
W2.710.00
20,604.55
342,105A5
WSA PRINIPROVIDENT LOAN
29,917.00
2,30.95
27,518.05
WSA PRINIUSDA LOAN
12,915.00
1,027,81
11,887.19
WSA INTEREST/PROVIDENT LOAN
124,5%.00
10,473.92
114,084.08
WSA INTEREST/USDA LOAN
72 W700
2169.71
]0197.29
TOTAL PROJECT AREA NO 2 HOUSING AUTHORITY
0.00
TOTAL HOUSING AUTHORITY
p10
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