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RPVCCA_IA_DM_2014_09_02_01_20140805_IA_MINS_REG_DRAFTDRAFT MINUTES RANCHO PALOS VERDES IMPROVEMENT AUTHORITY REGULAR MEETING AUGUST 5, 2014 The meeting was called to order at 10:35 P.M. by Chair Duhovic at Fred Hesse Community Park, 29301 Hawthorne Blvd. Improvement Authority roll call was answered as follows: PRESENT: Brooks, Knight, Misetich and Chair Duhovic ABSENT: Campbell (excused) Also present were Acting Chief Administrative Officer Carolynn Petru, Director of Finance Dennis McLean, Commission Attorney Carol Lynch, Director of Public Works Michael Throne, Human Resources Manager Sean Robinson, and Commission Secretary Carla Morreale. APPROVAL OF AGENDA: Commissioner Misetich moved, seconded by Commissioner Brooks, to approve the Agenda, as presented. The motion carried as follows: AYES: Brooks, Knight, Misetich and Chair Duhovic NOES: None ABSENT: Campbell APPROVAL OF CONSENT CALENDAR: Commissioner Misetich moved, seconded by Commissioner Brooks, to approve the Agenda, as presented. The motion carried as follows: AYES: Brooks, Knight, Misetich and Chair Duhovic NOES: None ABSENT: Campbell Approval of the Minutes Approved the minutes of the June 3, 2014 Regular Meeting. May 2014 Monthly Report of Cash Balances IA 1-1 Improvement Authority Minutes Regular Meeting August 5, 2014 Page 2 of 2 Received and filed the May 2014 Monthly Report of Cash Balances for the Rancho Palos Verdes Improvement Authority. June 2014 Monthly Report of Cash Balances Received and filed the June 2014 Monthly Report of Cash Balances for the Rancho Palos Verdes Improvement Authority. Register of Demands ADOPTED RESOLUTION NO. IA 2014-06, 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. FY14-15 Improvement Authority Budget (Supports 2014 City Council Goal – Government Efficiency, Fiscal Control & Transparency) ADOPTED RESOLUTION NO. IA 2014-07, A RESOLUTION OF THE RANCHO PALOS VERDES JOINT POWERS IMPROVEMENT AUTHORITY, ADOPTING THE OPERATING BUDGET FOR FISCAL YEAR 2014-2015. Improvement Authority Investment Policy for FY 14-15 (Supports 2014 City Council Goal – Government Efficiency, Fiscal Control & Transparency) Adopted and filed the FY14-15 Investment Policy for the Rancho Palos Verdes Improvement Authority. # # # # # # # # PUBLIC COMMENTS: None. ADJOURNMENT: At 10:36 P.M., Chair Duhovic adjourned the Improvement Authority meeting. ________________ Chair Attest: __________________ Commission Secretary W:\City Council IA Minutes\2014\20140805 IA MINS REG DRAFT.doc IA 1-2