IA DM 20150804 A - 20150707 IA MINS REG DRAFTDRAFT
MINUTES
RANCHO PALOS VERDES IMPROVEMENT AUTHORITY
REGULAR MEETING
JULY 7, 2015
The meeting was called to order at 10:54 P.M. by Chair Knight at Fred Hesse
Community Park, 29301 Hawthorne Blvd.
Improvement Authority roll call was answered as follows:
PRESENT: Brooks, Campbell, Duhovic, and Chair Knight
ABSENT: Misetich (excused)
Also present were Chief Administrative Officer Doug Willmore, Deputy Administrative
Officer Carolynn Petru, Commission Attorney Carol Lynch, Community Development
Director Joel Rojas, Director of Public Works Michael Throne, Director of Finance
Deborah Cullen, Human Resources Manager Sean Robinson, and Commission
Secretary Carla Morreale.
APPROVAL OF AGENDA:
Vice Chair Brooks moved, seconded by Commissioner Duhovic, to approve the
Agenda, as presented.
The motion carried as follows:
AYES: Brooks, Campbell, Duhovic, and Chair Knight
ABSENT: Misetich
CONSENT CALENDAR:
Vice Chair Brooks moved, seconded by Commissioner Duhovic, to approve the
Consent Calendar, as presented.
The motion carried as follows:
AYES: Brooks, Campbell, Duhovic, and Chair Knight
ABSENT: Misetich
Approval of the Minutes
Approved the minutes of the June 2, 2015 Regular Meeting.
May 2015 Monthly Report of Cash Balances
Received and filed the May 2015 Monthly Report of Cash Balances for the Rancho
Palos Verdes Improvement Authority.
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Register of Demands
ADOPTED RESOLUTION NO. IA 2015-08, 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.
FY 15-16 Improvement Authority Budget
ADOPTED RESOLUTION NO. IA 2015-09, A RESOLUTION OF THE RANCHO
PALOS VERDES IMPROVEMENT AUTHORITY, ADOPTING THE OPERATING
BUDGET FOR FISCAL YEAR 2015-2016.
Improvement Authority Investment Policy for FY15-16 (Supports 2014 City
Council Goal — Government Efficiency, Fiscal Control and Transparency)
Adopted the FY15-16 Investment Policy for the Rancho Palos Verdes Improvement
Authority.
Authority Treasurer Authorization
ADOPTED RESOLUTION NO. IA 2015-10, A RESOLUTION OF THE RANCHO
PALOS VERDES IMPROVEMENT AUTHORITY, AUTHORIZING CERTAIN
OFFICIALS TO CONDUCT FINANCIAL TRANSACTIONS WITH VARIOUS FINANCIAL
INSTITUTIONS AND DESIGNATING THE DIRECTOR OF FINANCE AS THE
AUTHORITY TREASURER.
01411 [SX9191 Ly, I LTA 14 ki 11 &1
None.
ADJOURNMENT:
At 10:55 P.M., Chair Knight adjourned the Improvement Authority meeting.
Attest:
Commission Secretary
WACity Council IA Minutes\2015\20150707 IA MINS REG DRAFT.docx
Chair
Draft Improvement Authority Minutes
Regular Meeting
July 7, 2015
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