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RDA MINS 20061003 MINUTES RANCHO PALOS VERDES REDEVELOPMENT AGENCY OCTOBER 3, 2006 The meeting was called to order at 1:05 A.M. by Chair Wolowicz at Fred Hesse Community Park, 29301 Hawthorne Boulevard. Redevelopment'Agency roll call was answered as follows: PRESENT: Clark, Gardiner, Long, Stern and Chair Wolowicz ABSENT: None Also present were Executive Director Evans, Agency Attorney Lynch and Agency Secretary Petru. APPROVAL OF AGENDA Moved by Vice Chair Long and seconded by Member Stern, to approve the Agenda as submitted. Without objection, Chair Wolowicz so ordered. APPROVAL OF CONSENT CALENDAR Approval of the Minutes (1900) Approved the minutes of May 2, 2006 and June 6, 2006. Biennial Review of Conflict of Interest Code for the Redevelopment Agency p g Y ADOPTED RESOLUTION NO. RDA 2006-07, A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY ADOPTING AN AMENDED CONFLICT OF INTEREST CODE CONTAINING REVISED DESIGNATED POSITIONS, DISCLOSURE CATEGORIES AND REPEALING RESOLUTION NO. RDA 2004-10. FY05-06 Year-End Budget Adjustments (1900) ADOPTED RESOLUTION NO. RDA 2006-08, AMENDING RESOLUTION NO. RDA 2005-07, THE BUDGET APPROPRIATION FOR FY05-06, TO INCREASE BUDGETED APPROPRIATIONS IN THE RDA DEBT SERVICE FUND. Redevelopment Agency Investment Policy-- FY06-07 (1900) Adopted and File the FYO6-07 Investment Policy for the Rancho Palos Verdes Redevelopment Agency. Additions to the Consolidated Loan Between the City and Agency for Expenses Incurred During FY05-06 (1900) Received and filed the staff report, which provides information regarding the loan additions to the Rancho Palos Verdes Redevelopment Agency ("Agency") in the amount of$80,498 for expenses incurred by the City during FY05-06. The Consolidated Loan Agreement dated December 1, 2003 authorizes the loan additions. July 2006 Treasurer's Report (1900) Received and filed the July 2006 Treasurer's Report for the Rancho Palos Verdes Redevelopment Agency. Register of Demands ADOPTED RESOLUTION NO. RDA 2006-09, 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. Moved by Vice Chair Long and seconded by Member Stern to approve the Consent Calendar. The motion passed on the following roll call vote: 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 Vice Chair Long moved, seconded by Member Stern to adjourn. Chair Wolowicz adjourned the Redevelopment Agency meeting at 1:06 A.M. 111110k IL.. ' hair Attest: Agen Secretary W:\City Council RDA Minutes\2006\20061003 RDA MINS.doc Redevelopment Agency Minutes October 3, 2006 Page 2 of 2