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IA MINS 20200707 d - MINUTES RANCHO PALOS VERDES IMPROVEMENT AUTHORITY REGULAR MEETING JULY 7, 2020 The meeting was called to order at 11:06 P.M. by Chair Cruikshank, at McTaggart Hall in Fred Hesse Community Park, 29301 Hawthorne Boulevard, and via teleconference/virtual meeting using the Zoom platform notice having been given with affidavit thereto on file. Improvement Authority roll call was answered as follows: PRESENT: Bradley, Dyda, Ferraro, Alegria, and Chair Cruikshank ABSENT: None Also present were Ara Mihranian, City Manager; William W. Wynder, City Attorney; Trang Nguyen, Director of Finance; Elias Sassoon, Director of Public Works; Cory Linder, Director of Recreation and Parks; Lukasz Buchwald, Information Technology Manager; and Teresa Takaoka, Deputy City Clerk. Also present was Captain James Powers, Lomita Station, Los Angeles County Sheriffs Department 111 Commissioner Ferraro moved, seconded by Commissioner Alegria, to approve the agenda and Consent Calendar, as presented. The motion carried as follows: AYES: Bradley, Dyda, Ferraro, Alegria, and Chair Cruikshank NOES: None ABSENT: None APPROVAL OF AGENDA: The agenda was approved as presented. CONSENT CALENDAR: A. Approval of meeting minutes Approved the minutes of the June 2, 2020, Regular meeting. B. Register of Demands Adopted Resolution No. IA 2020-06, 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. e C. Consideration and possible action to adopt an amended Conflict of Interest Code prepared by the Fair Political Practices Commission for the Rancho Palos Verdes Improvement Authority. (1) Received and filed the 2020 Local Agency Biennial Notice for the Rancho Palos Verdes Improvement Authority to amend the Conflict of Interest Code; and, (2) Adopt Resolution No. IA 2020-07, A RESOLUTION OF THE RANCHO PALOS VERDES IMPROVEMENT AUTHORITY, ADOPTING AN AMENDED CONFLICT OF INTEREST CODE PREPARED BY THE FAIR POLITICAL PRACTICES COMMISSION CONTAINING REVISED DESIGNATED POSITIONS AND DISCLOSURE CATEGORIES; AND REPEALING RESOLUTION NO. IA 2018-08. D. Consideration and possible action to receive and file the May 2020 Cash Balances/Monthly Treasurer's Report. Received and filed the May 2020 Cash Balances/Monthly Treasurer's Report E. Consideration and possible action to review and adopt the Fiscal Year 2020-21 Investment Policy for the City of Rancho Palos Verdes Improvement Authority. Adopted the FY 2020-21 Investment Policy for the City of Rancho Palos Verdes Improvement Authority. REGULAR BUSINESS: 1. Consideration and possible action regarding the FY 2020-21 Improvement Authority Budget. Chair Cruikshank moved to waive the staff report on this item. Without objection, Chair Cruikshank so ordered. Commissioner Ferraro moved, seconded by Commissioner Alegria, to adopt Resolution No. IA 2019-08, Adopt Resolution No. IA 2020-08, A RESOLUTION OF THE RANCHO PALOS VERDES JOINT POWERS IMPROVEMENT AUTHORITY ADOPTING THE OPERATING BUDGET FOR FISCAL YEAR 2020-2021. The motion passed on the following roll call vote: AYES: Brooks, Dyda, and Vice Chair Cruikshank NOES: None I Improvement Authority Minutes July 7, 2020 Page 2 of 3 PUBLIC COMMENTS: None. ADJOURNMENT: At 11:08 P.M., Chair Cruikshank adjourned the Improvement Authority meeting. Akti £21.11 ,Chair Attest: Commission Secret Improvement Authority Minutes July 7, 2020 Page 3 of 3