IA MINS 20120703MINUTES
RANCHO PALOS VERDES IMPROVEMENT AUTHORITY
REGULAR MEETING
JULY 39 2012
The meeting was called to order at 8:55 P.M. by Chair Misetich at Fred Hesse
Community Park, 29301 Hawthorne Blvd.
Improvement Authority roll call was answered as follows:
PRESENT: Brooks, Campbell, Duhovic, Knight and Chair Misetich
ABSENT: None
Also present were Chief Administrative Officer Carolyn Lehr, Deputy Administrative
Officer /Interim Director of Recreation and Parks Carolynn Petru, Commission Attorney
Carol Lynch, and Commission Secretary Carla Morreale.
APPROVAL OF AGENDA:
Commissioner Knight moved, seconded by Commissioner Brooks, to approve the
Agenda as presented.
The motion carried as follows:
AYES:
Brooks, Campbell, Duhovic, Knight, and Chair Misetich
NOES:
None
ABSTAIN:
None
ABSENT:
None
APPROVAL OF CONSENT CALENDAR:
Commissioner Knight moved, seconded by Commissioner Brooks, to approve the
Consent Calendar.
The motion carried as follows:
AYES:
Brooks, Campbell, Duhovic, Knight, and Chair Misetich
NOES:
None
ABSTAIN:
None
ABSENT:
None
Approval of the Minutes
Approved the minutes of the June 5, 2012 Regular Meeting.
May 2012 Monthly Report of Cash Balances
Received and filed the May 2012 Monthly Report of Cash Balances for the Rancho
Palos Verdes Improvement Authority.
Improvement Authority Investment Policy — FYI 2-13
Adopted and filed the FY12 -13 Investment Policy for the Rancho Palos Verdes
Improvement Authority.
FYI 2-13 Improvement Authority Budget
ADOPTED RESOLUTION NO. IA 2012 -08, A RESOLUTION OF THE RANCHO
PALOS VERDES JOINT POWERS IMPROVEMENT AUTHORITY, ADOPTING THE
OPERATING BUDGET FOR FISCAL YEAR 2012 -2013.
Register of Demands
ADOPTED RESOLUTION NO. IA 2012 -091 A RESOLUTION OF THE RANCHO
PALOS VERDES IMPROVEMENT AUTHORITY, ALLOWING CERTAIN CLAIMS AND
DEMANDS AND SPECIFYING FUNDS FROM WHICH THE SAME ARE TO BE PAID.
PUBLIC COMMENTS:
None.
ADJOURNMENT:
At 8:56 P.M., Chair Misetich adjourned the Improvement Authority meeting.
Ch IC
Attest:
Commission Secretary
WACity Council IA Minutes\2012\20120703 IA MINS.doc
Improvement Authority Minutes
July 3, 2012
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