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IA MINS 20090616 ADJ MINUTES RANCHO PALOS VERDES IMPROVEMENT AUTHORITY ADJOURNED REGULAR MEETING JUNE 16, 2009 The meeting was called to order at 11:42 P.M. by Chair Clark at Fred Hesse Community Park, 29301 Hawthorne Boulevard, notice having been given with affidavit thereto on file. Improvement Authority roll call was answered as follows: PRESENT: Long, Stern, Wolowicz, and Chair Clark ABSENT: Gardiner (excused) Also present were Chief Administrative Officer Carolyn Lehr, Deputy Administrative Officer Carolynn Petru, Commission Attorney Carol Lynch, and Commission Secretary Carla Morreale. APPROVAL OF AGENDA: Vice Chair Wolowicz moved, seconded by Commissioner Stern, to approve the Agenda, as submitted. Without objection, Chair Clark so ordered. APPROVAL OF CONSENT CALENDAR: Commissioner Stern moved, seconded by Vice Chair Wolowicz, to approve the Consent Calendar. The motion carried as follows: AYES: Long, Stern, Wolowicz, and Chair Clark NOES: None ABSTAIN: None ABSENT: Gardiner Approval of the Minutes (2200) Approved the minutes of the June 2, 2009 Regular Meeting. Improvement Authority Investment Policy — FY09-10 (2200) Adopted and filed the FY09-10 Investment Policy for the Rancho Palos Verdes Improvement Authority. # # # # # # # # PUBLIC COMMENTS: None. ADJOURNMENT: At 11:43 P.M., Chair Clark adjourned the Improvement Authority meeting. (9 1 hair Attest: Commission Secretary W:\City Council IA Minutes\2009\20090616 IA MINS.doc Improvement Authority Minutes June 16, 2009 Page 2 of 2