Improvement Authority Commission Minutes 07/01/2003 RPV, Improvement, Authority, Commission, Minutes, 2003, Meeting, July, 07/01/2003 RPV Improvement Authority Commission Minutes for the 07/01/2003 Meeting
D R A F T

M I N U T E S

REGULAR MEETING

RANCHO PALOS VERDES IMPROVEMENT AUTHORITY COMMISSION

JULY 1, 2003

The regular meeting was called to order at 1:04 A.M. by Chair Stern at Fred Hesse Park, 29301 Hawthorne Boulevard.

PRESENT: Clark, Ferraro, Gardiner, McTaggart, and Chair Stern

ABSENT: None

Also present were Chief Administrative Officer Les Evans; Assistant Chief Administrative Officer Carolynn Petru; Commission Attorney Carol Lynch; Director of Planning, Building and Code Enforcement Joel Rojas; Director of Finance Dennis McLean; Director of Public Works Dean Allison; Commission Secretary Jo Purcell; and Recording Secretary Bothe.

APPROVAL OF AGENDA:

Commissioner Ferraro moved, seconded by Commissioner Gardiner, to approve the Agenda as submitted. Motion carried.

APPROVAL OF CONSENT CALENDAR:

Commissioner McTaggart requested that Agenda Item No. 4 be removed from the Consent Calendar.

Commissioner Ferraro moved, seconded by Commissioner Gardiner, to approve the amended Consent Calendar as follows:

Minutes of June 3, 2003. (301)

Approved the June 3, 2003 Minutes.

May 2003 Treasurerís Report. (2200)

Ordered received and filed.

FY 2002-2003 Improvement Authority Investment Policy. (2200)

Adopted the FY 2002-2003 investment policy for the Rancho Palos Verdes Improvement Authority.

The motion to approve the amended Consent Calendar carried on the following roll call vote:

AYES: Clark, Ferraro, Gardiner, McTaggart and Chair Stern

NOES: None

ABSTAIN: None

Resol. No. IA 2003-08 - Register of Demands.

Commissioner McTaggart questioned why the same invoice number with the same amount of money is reflected for both Portuguese Bend and Abalone Cove.

Director Allison explained that the invoice was split 50/50.

Commissioner McTaggart requested that this 50-percent ratio be specified on the invoices.

Commissioner McTaggart moved, seconded by Commissioner Ferraro, to approve staff recommendation, thus ADOPTING RESOLUTION NO. IA 2003-08, A RESOLUTION OF THE RANCHO PALOS VERDES IMPROVEMENT AUTHORITY ALLOWING CERTAIN CLAIMS AND DEMANDS AND SPECIFYING FUNDS FORM WHICH THE SAME ARE TO BE PAID.

The motion to approve the Register of Demands carried on the following roll call vote:

AYES: Clark, Ferraro, Gardiner, McTaggart and Chair Stern

NOES: None

ABSTAIN: None

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PUBLIC COMMENTS:

None.

ADJOURNMENT:

The Improvement Authority adjourned at 1:04 a.m. on motion of Chair Stern.

/s/ Douglas W. Stern

Attest: Chair

___/s/ Jo Purcell_____

Commission Secretary