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IA MINS 19990706MINUTES RANCHO PALOS VERDES IMPROVEMENT AUTHORITY COMMISSION REGULAR MEETING JULY 6, 1999 The meeting was called to order at 12:27 P.M. by Chair Hollingsworth at Fred Hesse Community Park, 29301 Hawthorne Boulevard. PRESENT: Byrd, Ferraro, Lyon, McTaggart, and Chair Hollingsworth ABSENT: None Also present were Chief Administrative Officer Les Evans; Assistant Chief Administrative Officer Carolyn Petru, Commission Attorney Carol Lynch; Director of Planning, Building & Code Enforcement Joel Rojas; Director of Public Works Dean Allison; Director of Finance Dennis McLean; and, Recording Secretary Jackie Drasco. APPROVAL OF AGENDA Commissioner Byrd moved, seconded by Commissioner Lyon, to approve the Agenda. Motion carried. APPROVAL OF CONSENT CALENDAR Commissioner Byrd moved, seconded by Commissioner Lyon, to approve the consent calendar as follows: Minutes (301 X 2200) Approved the minutes of June 1, 1999 Resol. No. IA -09 - Register of Demands (602 X 2200) ADOPTED RESOL. NO. IA 99 -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. Improvement Authority Investment Policy for Fiscal Year 1999 -2000 (602 X 2200) Adopted the Fiscal Year 1999 -2000 investment policy for the Rancho Palos Verdes Improvement Authority. The motion to approve the Consent Calendar carried on the following roll call vote: AYES: Byrd, Ferraro, Lyon, McTaggart, and Chair Hollingsworth NOES: None ADJOURNMENT: At 12:28 A.M., the meeting was adjourned on motion of Chair Hollingsworth. 'ssion Secretary 0706991A. M I N Ch it Improvement Authority Commission July 6, 1999 Page 2