RDA MINS 19900821 M I N U T E S
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
REGULAR MEETING
AUGUST 21, 1990
The meeting was called to order at 7 : 00 P.M. at Hesse Park,
29301 Hawthorne Boulevard, by Chairman Hughes and immediately
recessed to a closed session.
The meeting reconvened at 7 : 30 P.M. by Chairman Hughes.
PRESENT: McTAGGART, HINCHLIFFE, RYAN, BACHARACH AND
CHAIRMAN HUGHES
Also present were Executive Director Paul D. Bussey, Deputy
Executive Director Mark Rohloff, Director of Environmental
Services Robert Benard, Agency Attorney Carol Lynch, Agency
Secretary Jo Purcell and Public Works Director George Wentz .
CLOSED SESSION Agency Attorney Lynch stated
that a closed session had been
held pursuant to Sec. 54956. 9(a) and that the Board discussed
the Horan case.
WAIVER OF FULL READINGS Member Bacharach moved,
ORDINANCES AND RESOLUTIONS seconded by Chairman Hughes
and carried to waive reading in
full of all ordinances and resolutions adopted at this
meeting with consent to the waive of reading deemed to be
given by all Members after reading of the title of such
ordinance or resolution.
APPROVAL OF AGENDA The agenda was approved by
Member Bacharach, seconded by
Chairman Hughes and carried.
APPROVAL OF CONSENT CALENDAR After the removal of the
Investment Policy, the Consent
Calendar was approved by Member Bacharach, seconded by
Chairman Hughes .
MINUTES Approved the minutes of July
17 , July 3 , June 19, May 31 and
May 21 , 1990.
RESOLUTION NO. RDA 90-15 Adopted RESOLUTION NO. RDA 90-
CALIFORNIA ENVIRONMENTAL 15 OF THE RANCHO PALOS VERDES
QUALITY ACT (1801) REDEVELOPMENT AGENCY REPEALING
RESOLUTION NO. RDA 85-1 AND
ADOPTING PROCEDURES IMPLEMENTING THE CALIFORNIA ENVIRONMENTAL
QUALITY ACT, AND THE GUIDELINES OF THE SECRETARY FOR
RESOURCES AGENCY, AS AMENDED 1989.
RESOLUTION NO. RDA 90-16 Adopted RESOLUTION NO. RDA
REGISTER OF DEMANDS 90-16 ALLOWING CERTAIN CLAIMS
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: McTAGGART, BACHARACH AND CHAIRMAN HUGHES
I/
NOES: NONE
ABSTAIN: HINCHLIFFE AND RYAN
# # #
PORTUGUESE BEND LANDSLIDE Public Works Director Wentz
AWARD OF CONTRACT (1801) presented the staff memorandum
and the recommendation to award
the contract to Earthmovers, Inc. , dba Terra-Movers, Inc. in
the amount of $162, 970 plus a 10% contingency for a total of
$179, 212 .
The Executive Director reported that the funding for this
contract would be from Community Development Block Grant
Funds.
The Board inquired if this project would benefit the road
(P.V. Dr. South) ; why there was a difference of $136, 000
between the high and low bids; the reputation of the
contractor; and, whether the CDBG Funds could be used only
for the road. Member Bacharach moved, seconded by Member
McTaggart to approve the staff recommendation. The motion
carried on the following roll call vote:
AYES: McTAGGART, BACHARACH AND CHAIRMAN HUGHES
NOES: NONE
ABSTAIN: HINCHLIFFE AND RYAN
INVESTMENT POLICY Executive Director Bussey
presented the proposed
Investment Policy for the Redevelopment Agency for FY 1990-
91 . Mr. Bussey summarized the State requirement that public
agencies adopt an annual investment policy and that the
policy proposed for the Agency was identical to the City' s
policy. He also reported that the agency' s policy uses as
criteria for selection of investments the following factors:
safety, liquidity, and yield.
Lois Larue, 3136 Barkentine, questioned the wisdom of placing
funds in demand deposits in certain banks. She distributed
to the Council a newspaper article dated May 1 , 1990 from the
L.A. Times and stated she thought that it would be a mistake
-2- RDA AUGUST 21 , 1990
to make demand deposits in certain banks .
Staff reported that deposits in bank are limited to $100 , 000
and are Federally insured.
Member Bacharach moved, seconded by Chairman Hughes to
I/ approve the staff recommendation. The motion carried on the
following roll call vote:
AYES: McTAGGART, HINCHLIFFE, BACHARACH AND CHAIRMAN
HUGHES
ABSTAIN: RYAN
STATUS OF DIRECTIVES The Board requested a follow-up
on the status of yard drains .
AUDIENCE QUESTIONS:
Responding to the Chair' s call for audience questions was
Lois Larue, 3136 Barkentine, who offered an apology to the
So. California Edison Co. regarding her remarks dealing with
fir tree at Abalone Cove Shoreline Park. She reported that
the damage was not done by the So. California Edison Co. but
by City crews.
ADJOURNMENT: At 8 : 04 P.M. the meeting
adjourned on motion of Member
Hinchliffe, seconded by
Member Bacharach„,
HAIRMA
ATTEST:
4 , 4
A A -
AGENCY SECRETARY
1/
R82190 -3- RDA AUGUST 21 , 1990