IA MINS 20030701MINUTES
REGULAR MEETING
RANCHO PALOS VERDES IMPROVEMENT AUTHORITY COMMISSION
JULY 11 2003
The regular meeting was called to order at 1:04 A.M. by Chair Stern at Fred Hesse
Park, 29301 Hawthorne Boulevard.
PRESENT: Clark, Ferraro, Gardiner, McTaggart, and Chair Stern
ABSENT: None
Also present were Chief Administrative Officer Les Evans; Assistant Chief
Administrative Officer Carolynn Petru; Commission Attorney Carol Lynch; Director of
Planning, Building and Code Enforcement Joel Rojas; Director of Finance Dennis
McLean; Director of Public Works Dean Allison; Commission Secretary Jo Purcell; and
Recording Secretary Bothe.
APPROVAL OF AGENDA:
Commissioner Ferraro moved, seconded by Commissioner Gardiner, to approve the
Agenda as submitted. Motion carried.
APPROVAL OF CONSENT CALENDAR:
Commissioner McTaggart requested that Agenda Item No. 4 be removed from the
Consent Calendar.
Commissioner Ferraro moved, seconded by Commissioner Gardiner, to approve the
amended Consent Calendar as follows:
Minutes of June 3, 2003. (301)
Approved the June 3, 2003 Minutes.
May 2003 Treasurer's Report. (2200)
Ordered received and filed.
FY 2002 -2003 Improvement Authority Investment Policy. (2200)
Adopted the FY 2002 -2003 investment policy for the Rancho Palos Verdes
Improvement Authority.
The motion to approve the amended Consent Calendar carried on the following roll call
vote:
AYES:
Clark, Ferraro, Gardiner, McTaggart and Chair Stern
NOES:
None
ABSTAIN:
None
Resol. No. IA 2003 -08 - Register of Demands.
Commissioner McTaggart questioned why the same invoice number with the same
amount of money is reflected for both Portuguese Bend and Abalone Cove.
Director Allison explained that the invoice was split 50/50.
Commissioner McTaggart requested that this 50- percent ratio be specified on the
invoices.
Commissioner McTaggart moved, seconded by Commissioner Ferraro, to approve staff
recommendation, thus ADOPTING RESOLUTION NO. IA 2003 -089 A RESOLUTION
OF THE RANCHO PALOS VERDES IMPROVEMENT AUTHORITY ALLOWING
CERTAIN CLAIMS AND DEMANDS AND SPECIFYING FUNDS FORM WHICH THE
SAME ARE TO BE PAID.
The motion to approve the Register of Demands carried on the following roll call vote:
AYES: Clark, Ferraro, Gardiner, McTaggart and Chair Stern
NOES: None
ABSTAIN: None
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PUBLIC COMMENTS:
None.
ADJOURNMENT:
The Improvement Authority adjourned at 1:04 a
Attest:
r
ommission Secretary
Improvement Authority Minutes
July 1, 2003
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