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RDA AGD 20100706 REDEVELOPMENT AGENCY AGENDA REGULAR MEETING JULY 6, 2010 FRED HESSE COMMUNITY PARK, 29301 HAWTHORNE BOULEVARD CALL TO ORDER: ROLL CALL: NEXT RESOL. NO. RDA 2010-09 APPROVAL OF AGENDA: APPROVAL OF CONSENT CALENDAR: EMERGENCY ROAD REPAIR PROJECT: A. Palos Verdes Drive South Landslide (East End) and Road Stability Grading (Dragoo) Recommendation: Review and reconfirm by a four/fifths (4/5) vote, the Redevelopment Agency’s previous action taken on June 1, 2010, authorizing staff to continue with the actions taken below to perform emergency grading to address landslide movement and preserve the Palos Verdes Drive South roadway. OTHER CONSENT CALENDAR ITEMS: B. Approval of the Minutes (Morreale) Recommendation: Approve the minutes of the June 1, 2010 Regular Meeting. C. FY10-11 Redevelopment Agency Budget (Downs) Recommendation: ADOPT RESOLUTION NO. RDA 2010-__, A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY, ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEAR 2010-2011. D. Redevelopment Agency Investment Policy – FY10-11 (Downs) Recommendation: Adopt and file the FY10-11 Investment Policy for the Rancho Palos Verdes Redevelopment Agency. E. May 2010 Monthly Report of Cash Balances (McLean) Recommendation: Receive and file the May 2010 Monthly Report of Cash Balances for the Rancho Palos Verdes Redevelopment Agency. F. Register of Demands (McLean) Recommendation: ADOPT RESOLUTION NO. RDA 2010-___, 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: For items NOT on the agenda. Speakers are limited to three minutes. ADJOURNMENT: Adjourn to a time and place certain only if you wish to meet prior to the next regular Redevelopment Agency Meeting. American with Disabilities Act: In compliance with the Americans with Disabilities Act of 1990, if you require a disability-related modification or accommodation to attend or participate in this meeting, including auxiliary aids or services, please call the City Clerk’s Office at 310 544-5208 at least 48 hours prior to the meeting. NOTE: Staff reports are available for inspection at City Hall, 30940 Hawthorne Boulevard during regular business hours, 7:30 A.M. to 5:30 P.M. Monday – Thursday and 7:30 A.M. to 4:30 P.M. on Friday. The agenda and staff reports can also be viewed at Hesse Community Park, 29301 Hawthorne Boulevard during regular business hours: Monday – Friday from 9:00 A.M. until dusk; Saturday and Sunday from 10:00 A.M. until dusk. Written materials, including emails, submitted to the City are public records and may be posted on the City’s website. In addition, City meetings may be televised and may be accessed through the City's website. Accordingly, you may wish to omit personal information from your oral presentation or written materials as it may become part of the public record regarding an agendized item. Materials related to an item on this Agenda submitted to the Agency after distribution of the agenda packet are available for public inspection at the front counter of the lobby of the City Hall Administration Building at 30940 Hawthorne Boulevard, Rancho Palos Verdes during normal business hours. You can also view the agenda and staff reports at the City’s website www.palosverdes.com/RPV. W:\2010 CITY COUNCIL RDA AGENDAS\20100706 RDA AGENDA.doc Redevelopment Agency Agenda July 6, 2010 Page 2 of 2