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IA MINS 20061003 MINUTES RANCHO PALOS VERDES IMPROVEMENT AUTHORITY OCTOBER 3, 2006 The meeting was called to order at 1:06 A.M. by Chair Wolowicz at Fred Hesse Community Park, 29301 Hawthorne Boulevard. Roll call was answered as follows: PRESENT: Clark, Gardiner, Long, Stern and Chair Wolowicz ABSENT: None Also present were Chief Administrative Officer Evans, Commission Attorney Lynch and Commission Secretary Petru. APPROVAL OF AGENDA Moved by Vice Chair Long and seconded by Commissioner Stern, to approve the Agenda as submitted. Without objection, Chair Wolowicz so ordered. APPROVAL OF CONSENT CALENDAR Approval of the Minutes (2200) Approved the minutes of May 2, 2006 and June 6, 2006. Biennial Review of Conflict of Interest Code for the Improvement Authority (2200) ADOPTED RESOLUTION NO. IA 2006-13, A RESOLUTION OF THE RANCHO PALOS VERDES IMPROVEMENT AUTHORITY ADOPTING AN AMENDED CONFLICT OF INTEREST CODE CONTAINING REVISED DESIGNATED POSITIONS, DISCLOSURE CATEGORIES AND REPEALING RESOLUTION NO. IA 2004-10. Improvement Authority Investment Policy-- FY06-07 (2200) Adopted and filed the FY06-07 Investment Policy for the Rancho Palos Verdes Improvement Authority. July 2006 Treasurer's Report (2200) Received and filed the July 2006 Treasurer's Report for the Rancho Palos Verdes Improvement Authority. Register of Demands ADOPTED RESOLUTION NO. IA 2006-14, 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. Moved by Commissioner Stern and seconded by Vice Chair Long to approve the Consent Calendar. The motion carried as follows: AYES: Clark, Gardiner, Long, Stern and Chair Wolowicz NOES: None ABSTAIN: None ABSENT: None PUBLIC COMMENTS There were no requests to speak from the audience. ADJOURNMENT At 1:08 A.M., Vice Chair Long moved, seconded by Chair Wolowicz to adjourn the meeting. Without objection, Chair Wolowicz so ordered. 411101gri _■//// s hair Attest: Commission Secretary W:\City Council IA Minutes\2006\20060905 IA MINS.doc Improvement Authority Minutes October 3, 2006 Page 2 of 2