M I N U T E S
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
JULY 1, 2003
The meeting was called to order at 1:02 A.M. by Chair Stern at Fred Hesse Community Park, 29301 Hawthorne Boulevard.
PRESENT: Clark, Ferraro, Gardiner, McTaggart, and Chair Stern
Also present were Executive Director Les Evans; Assistant Executive Director Petru; Agency Attorney Carol Lynch; Director of Planning, Building and Code Enforcement Joel Rojas; Director of Finance Dennis McLean; Director of Public Works Dean Allison; Agency Secretary Jo Purcell; and Recording Secretary Bothe.
APPROVAL OF AGENDA:
Member McTaggart moved, seconded by Vice-Chair Ferraro, to approve the Agenda as submitted. Motion carried.
APPROVAL OF CONSENT CALENDAR:
Vice-Chair Ferraro moved, seconded by Member Gardiner, to approve the Consent Calendar as follows:
Minutes of June 3, 2003. (301)
Approved the June 3, 2003 Minutes.
May 2003 Treasurerís Report. (1900)
Ordered received and filed.
FY 2002-2003 Redevelopment Agency Investment Policy. (1900)
Adopted the FY 2002-2003 investment policy for the Rancho Palos Verdes Redevelopment Agency.
Loan Agreement between the City and RDA. (1900 x 602)
Authorized the Agency Chairman and the Agency Secretary to execute the proposed Loan Agreement between the City and the Rancho Palos Verdes Redevelopment Agency.
Register of Demands.
ADOPTED RESOL. NO. RDA 2003-07, A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY 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: Clark, Ferraro, Gardiner, McTaggart, Stern
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The Redevelopment Agency adjourned at 1:03 A.M. on motion of Chair Stern.
/s/ Douglas W. Stern
__/s/ Jo Purcell__