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RDA MINS 19990706 MINUTES RANCHO PALOS VERDES REDEVELOPMENT AGENCY REGULAR MEETING JULY 6, 1999 The meeting was called to order at 12:15 A.M. by Chair Hollingsworth at Fred Hesse Community Park, 29301 Hawthorne Boulevard. PRESENT: Byrd, Ferraro, Lyon, McTaggart, Byrd, and Chair Hollingsworth ABSENT: None Also present were Executive Director Les Evans; Assistant Executive Director Carolynn Petru; Agency Attorney Carol Lynch; Planning, Building & Code Enforcement Director Joel Rojas; Director of Public Works Dean Allison; Director of Finance Dennis McLean; and, Recording Secretary Jackie Drasco. APPROVAL OF AGENDA Member McTaggart, seconded by Member Ferraro, to approve the Agenda. Motion carried. APPROVAL OF CONSENT CALENDAR Lois Larue, 3136 Barkentine Road, spoke to the minutes of June 15, 1999, and suggested that the City use the local Malaga Bank, for its banking needs. Member Lyon moved, Member McTaggart seconded, to approve consent calendar as follows, with amendments to the Minutes of June 15, 1999: Minutes (301 X 1900) Approved the minutes of June 1 and June 15, 1999. Redevelopment Agency Investment Policy (602 X 1900) Received and filed the FY 1999-2000 investment policy for the Rancho Palos Verdes Redevelopment Agency. Loan Agreement between the City and the Redevelopment Agency (602 X 1900) RDA Minutes July 6, 1999 Page 1 Authorized the Agency Chair and Agency Secretary to execute the proposed loan agreement between the City and the Redevelopment Agency. Resol. No. 99- 12 - Register of Demands (602 X 1900) Adopted Resol. No. RDA 99-12 -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. The motion to approve the Consent Calendar carried on the following roll call vote: AYES: Byrd, Ferraro, Lyon, McTaggart, and Chair Hollingsworth NOES: None # # # # # # # # # # # REGULAR BUSINESS: Abalone Cove Neighborhood Improvements (1204 X 1900 X 2000) Member Byrd moved, seconded by Member Ferraro to waive presentation of the staff report. Staff recommendation was to approve a revised project schedule in which the Abalone Cove sewer and storm drain improvements are constructed as one project and establish September 15, 1999 as the deadline for Agency's limited offer of connection to the sewer system. Member Byrd moved, seconded by Member Lyon to accept staff recommendation. Motion carried. ADJOURNMENT At 12:27 A.M., the meeting was adjourned on motion of Chair Hollingsworth. Cha. 40, A. ncy Secretary 0709RDA.MIN RDA Minutes July 6, 1999 Page 2