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RDA MINS 20051206 MINUTES REGULAR MEETING RANCHO PALOS VERDES REDEVELOPMENT AGENCY DECEMBER 6, 2005 The meeting was called to order at 11:22 P.M. by Chair Wolowicz at Fred Hesse Community Park, 29301 Hawthorne Boulevard. PRESENT: Clark, Gardiner, Long, Stern, Chair Wolowicz ABSENT: None Also present were Executive Director Les Evans; Agency Attorney Carol Lynch; and Agency Secretary Carolynn Petru. APPROVAL OF AGENDA: Member Gardiner moved, seconded by Vice-Chair Long, to approve the Agenda as submitted. Without objection, Chair Wolowicz so ordered. REGULAR BUSINESS: Revised Redevelopment Agency Investment Strategy (1900) The staff report of December 6, 2005, recommends that the Redevelopment Agency approve and direct staff to implement the revised Redevelopment Agency investment strategy developed by Fieldman, Rolapp Financial Services, LLC. Vice-Chair Long moved, seconded by Member Stern, to concur with staff recommendation. Without objection, Chair Wolowicz so ordered. # # # # # # # # # # # # PUBLIC COMMENTS: None. ADJOURNMENT: At 11:24 P.M., Member Gardiner moved, seconded by Member Clark, to adjourn to the Improvement Authority meeting. Without objection, Chair Wolowicz so ordered. Pit:. -4144 eA air Attest: Agen Secretary W:\City Council RDA Minutes\2005\20051206 RDA MINS.doc