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IA MINS 20060307 MINUTES RANCHO PALOS VERDES IMPROVEMENT AUTHORITY MARCH 7, 2006 The meeting was called to order at 12:46 a.m. on March 8, 2006, at Fred Hesse Community Park, 29301 Hawthorne Boulevard, Rancho Palos Verdes. Roll call was answered as follows: PRESENT: Stern, Gardiner, Long, Chair Wolowicz ABSENT: Clark Also present were Chief Administrative Officer Evans, Commission Attorney Lynch and Commission Secretary Petru. APPROVAL OF AGENDA Member Stern made a motion to approve the agenda, seconded by Member Gardiner. Without objection, Chair Wolowicz declared that the agenda stands approved as presented. APPROVAL OF CONSENT CALENDAR: Member Stern made a motion to approve the Consent Calendar, seconded by Member Gardiner. The motion carried on the following roll call vote: AYES: Gardiner, Long, Stern, Chair Wolowicz NOES: None ABSTAIN: None ABSENT: Clark Approval of the Minutes (2200) Approved the minutes of October 4, 2005. FY05-06 Midyear Financial Report (2200) 1) Received and filed the FY05-06 Midyear Financial Report; and, 2) ADOPTED RESOLUTION NO. IA 2006-02, AMENDING RESOLUTION NO. IA 2005-07, THE BUDGET APPROPRIATION FOR FY05-06, TO INCREASE BUDGETED APPROPRIATIONS IN THE PORTUGUESE BEND AND ABALONE COVE FUNDS OF THE IMPROVEMENT AUTHORITY. FY04-05 Audited Financial Report (2200) Received and filed the FY04-05 Audited Financial Report of the Rancho Palos Verdes Joint Powers Improvement Authority. January 2006 Treasurer's Report (2200) Received and filed the January 2006 Treasurer's Report for the Rancho Palos Verdes Improvement Authority. Register of Demands ADOPTED RESOLUTION NO. IA 2006-03, 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. # # # # # # # # # # # # PUBLIC COMMENTS: None. ADJOURNMENT: Member Stern made a motion to adjourn, seconded by Chair Wolowicz. Without objection, Chair Wolowicz declared the meeting adjourned at 12:47 a.m. Alt Chair Attest: Commi ion Secretary W:\City Council IA Minutes\2006\20060307 IA MINS.doc Improvement Authority Minutes March 7, 2006 Page 2of2