RDA MINS 20081106 ADJ MINUTES
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
ADJOURNED REGULAR MEETING
NOVEMBER 6, 2008
The meeting was called to order at 10:45 P.M. by Chair Stern at Fred Hesse
Community Park, 29301 Hawthorne Boulevard, notice having been given with affidavit
thereto on file.
Redevelopment Agency roll call was answered as follows:
PRESENT: Clark, Long, Wolowicz, and Chair Stern
ABSENT: Gardiner (excused)
Also present were Executive Director Carolyn Lehr, Agency Attorney Carol Lynch,
Assistant Executive Director Carolynn Petru, and Agency Secretary Carla Morreale.
APPROVAL OF AGENDA:
Member Long moved, seconded by Vice Chair Clark, to approve the Agenda as
submitted.
Without objection, Chair Stern so ordered.
APPROVAL OF CONSENT CALENDAR:
Member Long moved, seconded by Member Wolowicz, to approve the Consent
Calendar.
The motion carried on the following roll call vote:
AYES: Clark, Long, Wolowicz, and Chair Stern
NOES: None
ABSTAIN: None
ABSENT: Gardiner
Approval of the Minutes (1900)
Approved the minutes of the September 16, 2008 Adjourned Regular Meeting and the
October 7, 2008 Regular Meeting.
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 the City's cash
portfolio as may be deemed appropriate.
August 2008 Monthly Report of Cash Balances (1900)
Received and filed the August 2008 Monthly Report of Cash Balances for the Rancho
Palos Verdes Redevelopment Agency.
Register of Demands
ADOPTED RESOLUTION NO. RDA 2008-12, 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.
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PUBLIC COMMENTS:
None.
ADJOURNMENT:
Chair Stern adjourned the Redevelopment Agency meeting at 10:46 P.M.
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Attest:
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Agency Secretary
W:\City Council RDA Minutes\2008\20081106 RDA MINS.doc
Redevelopment Agency Minutes
November 6, 2008
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