2013 04 16 FA� T
01;
5
FINANCING AUTHORITY
AGENDA
CITY HALL COUNCIL CHAMBERS
78-495 Calle Tampico, La Quinta
REGULAR MEETING ON TUESDAY, APRIL 16, 2013 AT 4:00 P.M.
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 MARCH 19, 2013
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
1. TREASURER'S REPORT DATED FEBRUARY 28, 2013
2. REVENUE AND EXPENDITURE REPORT DATED FEBRUARY 28, 2013 AND
INVESTMENT SUMMARY REPORT FOR QUARTER ENDING MARCH .31,
2013.
BUSINESS SESSION — NONE "' 0O1
FINANCING AUTHORITY AGENDA 1 APRIL 16, 2013
CHAIR AND BOARD MEMBERS' ITEMS - NONE
PUBLIC HEARINGS - NONE
ADJOURNMENT
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The next regular meeting of the Financing Authority will be held on May 21, 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 April
11, 2013.
DATED: April 11, 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 APRIL 16, 2013
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CITY/SA/HAI® MEETING DATE: April 16, 2013
ITEM TITLE: Receive and File Transmittal of Treasurers
Report as of February 28, 2013
RECOMMENDED ACTION:
It is recommended the La Quinta Financing Authority:
Receive and file.
AGENDA CATEGORY:
BUSINESS SESSION:
CONSENT CALENDAR: 1
STUDY SESSION:
PUBLIC HEARING:
PLEASE SEE RELATED BUSINESS SESSION ITEM ON CITY COUNCIL AGENDA
!� :003
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CITY/SAMAgMEETING DATE: April 16, 2013
ITEM TITLE: Receive and File Revenues and
Expenditures Report dated February 28, 2013 and
Investment Summary Report for the Quarter Ending
March 31, 2013
RECOMMENDED ACTION:
Receive and File
EXECUTIVE SUMMARY:
AGENDA CATEGORY:
BUSINESS SESSION: _
CONSENT CALENDAR: 2-
STUDY SESSION:
PUBLIC HEARING:
Monthly and year-to-date revenues and expenditures of the La Quinta Financing
Authority and Investment Summary Report for Quarter Ending March 31, 2013.
FISCAL IMPACT:
None.
BACKGROUND/ANAYLSIS:
Receive and File Transmittal of the February 28, 2013 Statement of Revenues and
Expenditures for the La Quinta Financing Authority and Investment Summary Report
for the Quarter Ending March 31, 2013.
ALTERNATIVES:
None.
Respectfully submitted,
Robbeyn Bird, Finance Director
Attachment: 1. Revenues and Expenditures Report for February 28, 2013
2. Investment Summary Report for the Quarter Ending March
31, 2013
to -. 004
LA DUINTA FINANCING AUTHORITY
0710112012. 02/28*018
REVENUE DETAIL
ADJUSTED
REMAINING
%
BUDGET
RECEIVED
BUDGET
RECEIVED
DEBT SERVICE REVENUE:
Contractual Servlces Fees
5.000.00
0.00
5.000.00
0.000%
Non Allocated Interest
0.00
0.00
0.00
0.000%
Rental Income
673,130.00
578,086.25
95,043.75
85.880%
Transfer In
0.00
0.00
000
0000%
TOTAL DEBT SERVICE
678,130.00
578,086.25
100,043.7-5
85.250%
CAPITAL IMPROVEMENT REVENUE:
Pooled Cash Allocated Interest
0.00
0.00
0.00
0.000%
Non Allocated Interest
0.00
0.00
0.00
0.000%
TOTAL CIP REVENUE
0.00
0.00
0.00
0.000%
TOTAL FINANCING AUTHORITY 678.130.00 578,086.25 100,043.75 85 250%
wy ` -005
I.A OURJTA FINANCING AUTHORITY
ADJUSTED
MM13
REMAINING
EWENDRURE SUMMARY
BUDGET
EXPENDITURES
ENCUMBERED
BUDGET
DEBT SERVICE EXPENDITURES
SERVICES
BONA PRINCIPAL-1995
5,000.00
470.000.00
SA03.00
0.00
(403.00)
BONDINTEREST-1890
203,130.00
470,000.00
IW,005.25
0.00
0.00
0.00
95,M.75
TRANSFEROUT
0.00
0.00
0.00
0.00
TOTAL.. SERVICE
073,130.00
WAB9.25
0.00
W0407
CAPTAL MIPROVEMENT EXPENDITURES
BOND ISSUANCE COSTS
0.00
0.00
0.00
0.00
TRANSFEROUT
0.00
0.00
0.00
0.00
TOTAL CAPITAL IMPROVEMENT
0.00
0.00
0.
000
TOTAL FINANCING AUTNORRY
878,130.00
5B3,d09.25
0.00
8461075
+ 006
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