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IA DM 20200602 A - 20200505 IA MINS draft DRAFT MINUTES RANCHO PALOS VERDES IMPROVEMENT AUTHORITY REGULAR MEETING MAY 5, 2020 The meeting was called to order at 9:40 P.M. by Chair Cruikshank, 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; Terry Rodrigue, Interim Director of Community Development; 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 Sheriff’s Department Commissioner Dyda moved, seconded by Chair 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 Approve the minutes of the April 7, 2020, Regular meeting. B. Register of Demands Adopt Resolution No. IA 2020-04, A RESOLUTION OF THE RANCHO PALOS VERDES IMPROVEMENT AUTHORITY, ALLOWING CERTAIN CLAIMS AND DRAFT - Improvement Authority Minutes May 5, 2020 Page 2 of 2 DEMANDS AND SPECIFYING FUNDS FROM WHICH THE SAME ARE TO BE PAID. C. Consideration and possible action to receive and file the March 2020 Cash Balances/Monthly Treasurer’s Report. Receive and file the March 2020 Cash Balances/Monthly Treasurer’s Report D. Consideration and possible action to review and adopt the FY2019-20 Investment Policy for the City of Rancho Palos Verdes Improvement Authority Adopt the FY 19-20 Investment Policy for the City of Rancho Palos Verdes Improvement Authority PUBLIC COMMENTS: None. ADJOURNMENT: At 9:43 P.M., Chair Cruikshank adjourned the Improvement Authority meeting. /s/ John Cruikshank Chair Attest: /s/ Emily Colborn_______ Commission Secretary