IA MINS 20000606MINUTES
RANCHO PALOS VERDES IMPROVEMENT AUTHORITY COMMISSION
REGULAR MEETING
JUNE 6, 2000
The meeting was called to order at 12:25 A.M. by Chair Byrd at Fred Hesse Community
Park, 29301 Hawthorne Boulevard.
PRESENT: Ferraro, Lyon, McTaggart, Stern, and Chair Byrd
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; Finance Director Dennis McLean; Director of Administrative
Services /Commission Secretary Jo Purcell; and, Recording Secretary Jackie Drasco.
APPROVAL OF AGENDA
Commissioner Lyon moved, seconded by Commissioner Ferraro, to approve the
Agenda. Motion carried.
APPROVAL OF CONSENT CALENDAR
Lois Larue, 3136 Barkentine Road, suggested that the City use a different bank for
investments.
Commissioner Lyon moved, seconded by Commissioner Ferraro, to approve the
consent calendar as follows:
Minutes
Approved the minutes of May 2, 2000.
FY 2000 -01 Redevelopment Agency Investment Policy
Adopted and filed the FY 2000 -01 investment policy for the Rancho Palos Verdes
Redevelopment Agency.
April 2000 Treasurer's Report
Received and filed the April 2000 Treasurer's Report for the Rancho Palos Verdes
Improvement Authority.
Resol. No IA 2000 -05 - Register of Demands
ADOPTED RESOLUTION NO. IA 2000 -051 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.
The motion to approve the Consent Calendar carried on the following roll call vote:
AYES: Ferraro, Lyon, MCTaggart, Stern and Chair Byrd
NOES: None
PUBLIC HEARING:
Annual Budget for Fiscal Year 2000 -2001
Chair Byrd opened the public hearing on this request to adopt the annual budget for
fiscal year 2000 -2001. Agency Secretary Clerk Purcell announced that notice had been
duly published and that there were no protest letters received by the City.
Assistant Chief Administrative Officer Petru presented the staff report of June 6, 2000
and the recommendation to adopt the proposed resolution adopting the operating and
capital improvement budget for fiscal year 2000 -2001
There being no response to a request for public comments, Mayor Byrd closed the
public hearing.
Member McTaggart moved, seconded by Member Ferraro, to ADOPT RESOL. NO. IA
2000 -061 A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT
AGENCY ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGET
FOR FISCAL YEAR 2000 -2001
The motion carried on the following roll call vote:
AYES: Ferraro, Lyon, MCTaggart, Stern, and Chair Byrd
NOES: None
Improvement Authority Commission
May 2, 2000
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ADJOURNMENT:
At 12:30 A.M., the meeting was adjourned on motion of Chair Byrd.
ATTEST:
/S/ JO PURCELL
Commission Secretary
WA2000 IA Minutes \06062000 is min.doc
/S/ LEE BYRD
Chair
Improvement Authority Commission
May 2, 2000
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