2013 02 19 FAa,
Ok 0 Tit,/ 4! Qu&M
ti
OF TttEO
FINANCING AUTHORITY
AGENDA
CITY HALL COUNCIL CHAMBERS
78-495 Calle Tampico, La Quinta
REGULAR MEETING on TUESDAY, February 19, 2013 AT 4:00 P.M.
Beginning Resolution No. FA 2013-001
CALL TO ORDER
ROLL CALL:
Authority Members: Evans, Franklin, Henderson, Osborne, Chairperson 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 . MINUTES OF JANUARY 15, 2013
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
1. REVENUE AND EXPENDITURE REPORT DATED DECEMBER 31, 2012
2. TREASURER'S REPORT DATED DECEMBER 31, 2013
001
FINANCING AUTHORITY AGENDA 1 FEBRUARY 5, 2013
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 19,
2013 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 near the entrance to the Council Chambers at 78-495 Calle
Tampico and on the bulletin boards at the La Quinta Cove Post Office at 51-321
Avenida Bermudas and at the Stater Brothers Supermarket 78-630 Highway 111,
on February 15, 2013.
DATED: February 15, 2013
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 FEBRUARY 5, 2013
Lw� a'
4aw,w s
E`N OF'h1F'O
AGENDA CATEGORY:
CITY/SA/HA FJ MEETING DATE: February 19, 2013 BUSINESS SESSION: _
ITEM TITLE: Receive and File Transmittal of Treasurers CONSENT CALENDAR: Z
Reports as of December 31, 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
`ter 4 1wQu!Arw
CITY/SA/HA/FA MEETING DATE: February 19, 2013
ITEM TITLE: Receive and File Revenues and
Expenditures Report dated December 31, 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 December 31, 2012.
FISCAL IMPACT:
None.
BACKGROUND/ANAYLSIS:
Receive and File Transmittal of the December 31, 2012 Statement of Revenues and
Expenditures for the La Quinta Financing Authority.
TERNATIVES:
None.
Respectfully submitted,
Robbeyn Bird, Financ Director
Attachment: 1. Revenues and Expenditures Report for December 31, 2012
004
ATTACHMENT 1
LA DUINTA FINANCING AUTHORITY
REVENUE DETAIL
DEBT SERVICE REVENUE:
Contractual Services Fees
Non Allocated Interest
Rental Income
Transfer In
TOTAL DEBT SERVICE
CAPITAL IMPROVEMENT REVENUE:
Pooled Cash Allocated Interest
Non Allocated Interest
TOTAL CIP REVENUE
TOTAL FINANCING AUTHORITY
07/01/2012-12131/2012
ADJUSTED
BUDGET RECEIVED
5,000.00 0.00
0.00 0.00
673,130.00 578,086.25
REMAINING
%
BUDGET
RECEIVED
5.000.00
0,000%
0.00
0,000%
95,043.75
85,880%
0.00 0,00 0.00 0.000%
0.00 0,00 0.00 0.000%
0.00 0.00 0.00 0,000%
678,130.00 578,086.25 100,043.75 85.250%
005
LA DUINTA FINANCING AUTHORITY
ADJUSTED
12/3112012
REMAINING
EXPENDITURE SUMMARY
BUDGET
EXPENDITURES
ENCUMBERED
BUDGET
DEBT SERVICE EXPENDITURES
SERVICES
BOND PRINCIPAL - 1996
5.00000
3,501.00
0.00
1499.O0
BOND INTEREST - 1996
470,000.00
470,000,00
0,00
0,00
TRANSFER OUT
203,130,00
1O8.086.25
0,00
95.04375
TOTAL DEBT SERVICE
000
678,130.00
0,00
581,58].25
000
000
000
96542 I5
CAPITAL IMPROVEMENT EXPENDITURES
BOND ISSUANCE COSTS
0.00
000
0.00
0.00
TRANSFER OUT
000
0,00
000
000
TOTAL CAPITAL IMPROVEMENT
0.00
000
0.00
000
TOTAL FINANCING AUTHORITY
678,13000
581587.25
000
9654275
006