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IA MINS 20170801 MINUTES RANCHO PALOS VERDES IMPROVEMENT AUTHORITY REGULAR MEETING AUGUST 1, 2017 The meeting was called to order at 11:42 P.M. by Chair Campbell at Fred Hesse Community Park, 29301 Hawthorne Blvd., Rancho Palos Verdes, CA 90275 Improvement Authority roll call was answered as follows: PRESENT: Brooks, Duhovic, Dyda, Misetich, and Chair Campbell ABSENT: None Also present were Executive Director Doug Willmore, Agency Counsel Dave Aleshire, Assistant Executive Director Gabriella Yap, Director of Community Development Ara Mihranian, Director of Recreation and Parks Cory Linder, Interim Director of Public Works Terry Rodrigue, and City Clerk Emily Colborn. APPROVAL OF AGENDA: Commissioner Dyda moved, seconded by Commissioner Misetich, to approve the Agenda, as presented. The motion carried as follows: AYES: Brooks, Duhovic, Dyda, Misetich, and Chair Campbell NOES: None ABSENT: None CONSENT CALENDAR: Commissioner Dyda moved, seconded by Commissioner Misetich, to approve the Consent Calendar, as presented. The motion carried as follows: AYES: Brooks, Duhovic, Dyda, Misetich, and Chair Campbell NOES: None ABSENT: None Consideration and possible action to review and adopt the FY17-18 Investment Policy for the Rancho Palos Verdes Improvement Authority Adopted the FY17-18 Investment Policy for the Rancho Palos Verdes Improvement Authority Register of Demands Adopted Resolution No. IA 2017-06, 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. Consideration and possible action regarding the June 2017 Cash Balances/Monthly Treasurer's Report Received and filed the June 2017 Cash Balances/Monthly Treasurer's Report. REGULAR BUSINESS: Consideration and possible action regarding the FY17-18 Improvement Authority Budget Adopted Resolution No. IA 2017-07, A RESOLUTION OF THE RANCHO PALOS VERDES JOINT POWERS IMPROVEMENT AUTHORITY ADOPTING THE OPERATING BUDGET FOR FISCAL YEAR 2017-2018. Commissioner Misetich moved, seconded by Commissioner Brooks, to adopt Resolution No. IA 2017-07. The motion carried as follows: AYES: Brooks, Duhovic, Dyda, Misetich, and Chair Campbell NOES: None ABSENT: None PUBLIC COMMENTS: None. ADJOURNMENT: At 11:44 P.M., Chair Campbell adjourned the Improvement Authority meeting. e-17i /01 - Attest. Ch. r 411111 irdmit C• -creta ry Improvement Authority Minutes Regular Meeting August 1, 2017 Page 2 of 2