M I N U T E S
RANCHO PALOS VERDES IMPROVEMENT AUTHORITY COMMISSION
JUNE 6, 2000
The meeting was called to order at 12:25 A.M. by Chair Byrd at Fred Hesse Community Park, 29301 Hawthorne Boulevard.
PRESENT: Ferraro, Lyon, McTaggart, Stern, and Chair Byrd
Also present were Chief Administrative Officer Les Evans; Assistant Chief Administrative Officer Carolyn Petru, Commission Attorney Carol Lynch; Director of Planning, Building & Code Enforcement Joel Rojas; Director of Public Works Dean Allison; Finance Director Dennis McLean; Director of Administrative Services/Commission Secretary Jo Purcell; and, Recording Secretary Jackie Drasco.
APPROVAL OF AGENDA
Commissioner Lyon moved, seconded by Commissioner Ferraro, to approve the Agenda. Motion carried.
APPROVAL OF CONSENT CALENDAR
Lois Larue, 3136 Barkentine Road, suggested that the City use a different bank for investments.
Commissioner Lyon moved, seconded by Commissioner Ferraro, to approve the consent calendar as follows:
Approved the minutes of May 2, 2000.
FY 2000-01 Redevelopment Agency Investment Policy
Adopted and filed the FY 2000-01 investment policy for the Rancho Palos Verdes Redevelopment Agency.
April 2000 Treasurerís Report
Received and filed the April 2000 Treasurerís Report for the Rancho Palos Verdes Improvement Authority.
Resol. No IA 2000-05 - Register of Demands
ADOPTED RESOLUTION NO. IA 2000-05, 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.
The motion to approve the Consent Calendar carried on the following roll call vote:
AYES: Ferraro, Lyon, McTaggart, Stern and Chair Byrd
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Annual Budget for Fiscal Year 2000-2001
Chair Byrd opened the public hearing on this request to adopt the annual budget for fiscal year 2000-2001. Agency Secretary Clerk Purcell announced that notice had been duly published and that there were no protest letters received by the City.
Assistant Chief Administrative Officer Petru presented the staff report of June 6, 2000 and the recommendation to adopt the proposed resolution adopting the operating and capital improvement budget for fiscal year 2000-2001
There being no response to a request for public comments, Mayor Byrd closed the public hearing.
Member McTaggart moved, seconded by Member Ferraro, to ADOPT RESOL. NO. IA 2000-06, A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEAR 2000-2001
The motion carried on the following roll call vote:
AYES: Ferraro, Lyon, McTaggart, Stern, and Chair Byrd
At 12:30 A.M., the meeting was adjourned on motion of Chair Byrd.
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