CC RES 2008-064 RESOLUTION NO. 2008-64
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF RANCHO PALOS VERDES ESTABLISHING THE
FINANCE ADVISORY COMMITTEE'S MISSION
STATEMENT, SIZE OF MEMBERSHIP AND FREQUENCY
OF MEETINGS.
WHEREAS, on February 19, 2008, the City Council received the 2008
Organization-Wide Assessment Report from Management Partners, which
prompted the City Council to request Staff and the Finance Advisory Committee
to review the Committee's Mission Statement and Work Plan, size of
membership and frequency of meetings for possible adjustments to achieve a
more focused purpose and efficient structure; and,
WHEREAS, on June 12, 2008, the Finance Advisory Committee held a
meeting and took action to forward its recommendations to the City Council; and,
WHEREAS, on July 1, 2008, the City Council received a presentation from
Staff regarding the Committee's Mission Statement and Work Plan, size of
membership and frequency of meetings.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES DOES HEREBY FIND, DETERMINE AND RESOLVE AS
FOLLOWS:
Section 1. Mission Statement: The mission of the Finance Advisory
Committee shall be to provide citizen input to the City Council regarding financial
matters of the City of Rancho Palos Verdes. The Committee shall review short
and long-term financial information of the City and other financial issues as
assigned by the City Council. The Committee shall advise on economic
development matters such as methods to improve the business climate and how
to better work with local businesses and shall recommend specific areas for
review to the City Council. The Committee will serve to advise the City Council
regarding the City's financial condition.
Section 2. Membership: The Finance Advisory Committee shall consist of
five (5) members.
Section 3. Frequency of Meetings: The Finance Advisory Committee shall
meet on an as needed basis as determined by their annual work plan. They shall
have the ability to cancel any meeting with the consent of the Chair and Staff
liaison.
Section 4. Annual Work Plan: The Finance Advisory Committee and Staff
liaison shall prepare an annual work plan to be presented to the City Council for
approval.
Section 5: Resolution No. 93-113 is hereby rescinded and replaced by this
Resolution.
PASSED, ADOPTED and APPROVED this 15th d r : July 2008.
- Its*
Mayor
Attest:
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss
CITY OF RANCHO PALOS VERDES )
I, Carla Morreale, City Clerk of The City of Rancho Palos Verdes, hereby
certify that the above Resolution No. 2008-64, was duly and regularly passed
and adopted by the said City Council at regular meeting thereof held on July 15,
2008.
Ai,. C-&61-SAZZ,Ce
City Clerk
Resolution No. 2008-64
Page2 of 2