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2012 11 20 FAOka .CO T� ' �W 4 �F.0 s Ow5 N OF T4� FINANCING AUTHORITY AGENDA CITY HALL COUNCIL CHAMBERS 78-495 Calle Tampico, La Quinta REGULAR MEETING on TUESDAY, NOVEMBER 20, 2012 AT 4:00 P.M. Beginning Resolution No. FA 2012-003 CALL TO ORDER ROLL CALL: Authority Members: Evans, Franklin, Henderson, Osborne, 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. The Financing Authority values your comments; however in accordance with State law, no action shall be taken on any item not appearing on the agenda unless it is an emergency item authorized by GC 54954.2(b). CONFIRMATION OF AGENDA APPROVAL OF MINUTES 1. APPROVAL OF MEETING MINUTES OF OCTOBER 16, 2012 CONSENT CALENDAR NOTE: Consent Calendar items are routine in nature and can be approved by one motion. 1. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED SEPTEMBER 30, 2012 2. RECEIVE AND FILE TREASURER'S REPORT DATED SEPTEMBER 30, 2012 1.10 001 FINANCING AUTHORITY AGENDA 1 NOVEMBER 20, 2012 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 December 18, 2012 at 4:00 p.m. in the City Council Chambers, 78-495 Calle Tampico, La Quinta, CA 92253: DECLARATION OF POSTING I, Susan Maysels, Authority Secretary of the La Quinta Financing Authority, do hereby declare that the foregoing agenda for the La Quinta Financing Authority meeting 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 November 16, 2012. DATED: November 15, 2012 5-1q� SUSAN MAYSELS, Authority Secretary La Quinta Financing Authority Public Notices 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 - NOVEMBER 20, 2012 / t / AGENDA CATEGORY: CITY/SAMA FA MEETING DATE: November 20, 2012 BUSINESS SESSION: ITEM TITLE: Receive and File Transmittal of Treasurers CONSENT CALENDAR: 2 Reports as of September 30, 2012 STUDY SESSION: PUBLIC HEARING: RECOMMENDED ACTION: It is recommended the La Quinta Financing Authority: Receive and file. PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA 003 a •� 40 CFM OF'ft1Q'�� ceit!t 4 64:& QUIA& CITIVSA/HA&MEETING DATE: November 20, 2012 ITEM TITLE: Receive and File Revenues and Expenditures Report dated September 30, 2012 RECOMMENDED ACTION: Receive and File EXECUTIVE SUMMARY: AGENDA CATEGORY: BUSINESS SESSION: _ CONSENT CALENDAR: STUDY SESSION: PUBLIC HEARING: Monthly and year-to-date revenues and expenditures of the La Quinta Financing Authority dated September 30, 2012. FISCAL IMPACT: None. BACKGROUND/ANAYLS I S : Receive and File Transmittal of the September 30, 2012 Statement of Revenues and Expenditures for the La Quinta Financing Authority. ALTERNATIVES: None. Respectfully submitted, Robbeyn ird, Finance Director Attachment: 1. Revenues and Expenditures Report for September 30, 2012 ,004 ATTACHMENT 1 LA GUINTA FINANCING AUTHORITY REVENUE DETAIL DEBT SERVICE REVENUE: Contractual Services Fees Non Allocated Interest Rental Income Transferin TOTAL DEBT SERVICE CAPITAL IMPROVEMENT REVENUE: Pooled Cash Allocated Interest Non Allocated Interest TOTAL CIP REVENUE TOTAL FINANCING AUTHORITY 0710112012 - 0913012012 ADJUSTED REMAINING BUDGET RECEIVED BUDGET % RECEIVED 5,000.00 0.00 5,000.00 0,000% 0.00 0.00 0.00 0.000% 673,130.00 0.00 673,130.00 0.000% 0,00 0,00 000 0 000% 678,130.00 0.00 678,130.00 0.000% 0,00 0.00 0.00 0.000% 0.00 0,00 0.00 0.000% 0.00 0.00 0 00 0 000 678.130,00 0 00 678 130 00 0 000 .t► , 005 2 LA OUINTA FINANCING AUTHORITY EXPENDITURE SUMMARY ADJUSTED 9130/2012 REMAINING BUDGET EXPENDITURES ENCUMBERED BUDGET DEBT SERVICE EXPENDITURES SERVICES BOND PRINCIPAL - 1996 5,000.00 1,371.00 0.00 3,629.00 BOND INTEREST - 1996 470.000.DO 203.130,00 0,00 0,00 470,000.00 TRANSFER OUT 0.00 0.00 0.00 203,130.00 TOTAL DEBT SERVICE 0.00 0.00 0.00 CAPITAL IMPROVEMENT EXPENDITURES BOND ISSUANCE COSTS 0.00 0.00 TRANSFER OUT ,... 0.00 _ 0.00 TOTAL FINANCING AUTHORITY 006 3