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CC MINS 19920314K I NU T E S RANCHO PAIAOS VERDES CITY-COUNCIL COM KUNITY LEADI3RS BREAKFAST MARCH 14, 1992 The meeting ws called to order at 89.00 A . M . by Mayor John McTaggart at Hesse Park Community Center, 29301 Hawthorne Boulevard, notice having been given with affidavit thereto on file. PRESENT: BROOKS, BACHARCH, KUYKENDALL, & MAYOR McTAGGART ABSENT: RYAN Also present were City Manager Paul D. Bussey, Deputy City Manager Mark Rohloff, and Finance Officer Brent Mattingly. Mayor McTaggart introduced State Senator Bob Beverly and State Assemblyman Gerald Felando. PRESENTATION OF COKWIi+IORATIVE PLAQUES Mayor McTaggart presented City plaques to those individuals who recently retired from City committees and commissions. KID -YEAR BUDGET REVIEW Finance Officer Brent Mattingly summarized the Mid -Year Financial Report which had been prepared pursuant to Chapter 3.32 of the Municipal Code requiring a mid- year report to the City Council on the City's financial status. Mr. Mattingly' s report contained a brief overview of revenues and expenditures for the current fiscal year as outlined in his February 4, 1992 staff report. Several members of the audience then asked questions relative to the financial condition of the City. ADJOURNMENT: At 10:00 A.M. the meeting adjourned on motion of Councilwoman Brooks, seconded by Councilman Kuykendall and carried. OR A PT: CITY CLERK 3 92min