IA MINS 20051206 MINUTES
REGULAR MEETING
RANCHO PALOS VERDES IMPROVEMENT AUTHORITY COMMISSION
DECEMBER 6, 2005
The regular meeting was called to order at 11:24 P.M. by Chair Wolowicz at Fred Hesse
Park, 29301 Hawthorne Boulevard.
PRESENT: Clark, Gardiner, Long, Stern, Chair Wolowicz
ABSENT: None
Also present were Chief Administrative Officer Les Evans; Commission Attorney Carol
Lynch; and Commission Secretary Carolyn Petru.
APPROVAL OF AGENDA:
Commissioner Gardiner moved, seconded by Vice-Chair Long, to approve the Agenda
as submitted. Without objection, Chair Wolowicz so ordered.
APPROVAL OF CONSENT CALENDAR:
Register of Demands
Staff report of December 6, 2005, recommends that the Improvement Authority ADOPT
RESOLUTION NO. IA 2005-15, A RESOLUTION OF THE RANCHO PALOS VERDES
IMPROVEMENT AUTHORITY ALLOWING CERTAIN CLAIMS AND DEMANDS AND
SPECIFYING FUNDS FROM WHICH THE SAME ARE TO BE PAID.
Commissioner Gardiner moved, seconded by Vice-Chair Long, to approve the Consent
Calendar as submitted. The motion carried as follows:
AYES: Clark, Gardiner, Long, Stern, Chair Wolowicz
NOES: None
ABSTAIN: None
ABSENT: None
REGULAR BUSINESS:
Revised Improvement Authority Investment Strategy (2200)
The staff report of December 6, 2005, recommends that the Improvement Authority
approve and direct staff to implement the revised Improvement Authority investment
strategy developed by Fieldman, Rolapp Financial Services, LLC.
Commissioner Stern moved, seconded by Vice-Chair Long, to approve staff
recommendation. The motion carried as follows:
AYES: Clark, Gardiner, Long, Stern, Chair Wolowicz
NOES: None
ABSTAIN: None
ABSENT: None
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PUBLIC COMMENTS:
None.
ADJOURNMENT:
At 11:25 P.M., Commissioner Stern moved, seconded by Vice-Chair Long, to adjourn
the meeting. Without objection, Chair Wolowicz so ordered.
Chair
Attest:
Commis ion Secretary
W:\City Council IA Minutes\2005\20051206 IA MINS.doc
Improvement Authority Minutes
December 6, 2005
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