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RDA MINS 20090407 MINUTES RANCHO PALOS VERDES REDEVELOPMENT AGENCY REGULAR MEETING APRIL 7, 2009 The meeting was called to order at 10:21 P.M. by Chair Clark at Fred Hesse Community Park, 29301 Hawthorne Boulevard. Redevelopment Agency roll call was answered as follows: PRESENT: Long, Wolowicz, and Chair Clark ABSENT: Gardiner (excused) and Stern (excused) Also present were Executive Director Carolyn Lehr, Assistant Executive Director Carolynn Petru, Agency Attorney Carol Lynch, Director of Finance/IT Dennis McLean, and Agency Secretary Carla Morreale. APPROVAL OF AGENDA: Vice Chair Wolowicz moved, seconded by Member Long, to approve the Agenda as submitted. Without objection, Chair Clark so ordered. APPROVAL OF CONSENT CALENDAR: Member Long moved, seconded by Vice Chair Wolowicz, to approve the Consent Calendar. The motion carried on the following roll call vote: AYES: Long, Wolowicz, and Chair Clark NOES: None ABSTAIN: None ABSENT: Gardiner and Stern Approval of the Minutes (1900) Approved the minutes of the March 3, 2009 Regular Meeting. November 2008 Monthly Report of Cash Balances (1900) Received and filed the November 2008 Monthly Report of Cash Balances for the Rancho Palos Verdes Redevelopment Agency. December 2008 Monthly Report of Cash Balances (1900) Received and filed the December 2008 Monthly Report of Cash Balances for the Rancho Palos Verdes Redevelopment Agency. Revision to Investment Policy— FY08-09 (1900) Approved the proposed revision to the FY08-09 Investment Policy for the Rancho Palos Verdes Redevelopment Agency to enable further diversification of its cash portfolio as may be deemed appropriate. Register of Demands ADOPTED RESOLUTION NO. RDA 2009-03, A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY, ALLOWING CERTAIN CLAIMS AND DEMANDS AND SPECIFYING FUNDS FROM WHICH THE SAME ARE TO BE PAID. # # # # # # # # PUBLIC COMMENTS: None. ADJOURNMENT: Chair Clark adjourned the Redevelopment Agency meeting at 10:22 P.M. agia ' -0-1 Chair Attest: //Jr Agency Secretary W:\City Council RDA Minutes\2009\20090407 RDA MINS.doc Redevelopment Agency Minutes April 7, 2009 Page 2 of 2