AUGUST 7, 2007 RANCHO PALOS VERDES REDEVELOPMENT AGENCY MINUTES AUGUST 7, 2007 RANCHO PALOS VERDES REDEVELOPMENT AGENCY MINUTES AUGUST 7, 2007 RANCHO PALOS VERDES REDEVELOPMENT AGENCY MINUTES

MINUTES
REGULAR MEETING
RANCHO PALOS VERDES REDEVELOPMENT AGENCY
AUGUST 7, 2007

The meeting was called to order at 10:54 P.M. by Chair Long at Fred Hesse Community Park, 29301 Hawthorne Boulevard. 
Redevelopment Agency roll call was answered as follows:

PRESENT:   Gardiner, Stern, Wolowicz and Chair Long
ABSENT:      Clark (excused)

Also present were Executive Director Carolyn Lehr, Agency Attorney Carol Lynch, Assistant Executive Director Carolynn Petru, Director of Finance/IT Dennis McLean, and Agency Secretary Carla Morreale.

APPROVAL OF AGENDA:

Vice Chair Stern moved, seconded by Member Wolowicz, to approve the Agenda as submitted.  Without objection, Chair Long so ordered.

APPROVAL OF CONSENT CALENDAR:

Vice Chair Stern moved, seconded by Member Wolowicz, to approve the Consent Calendar. 

The motion carried as follows:

AYES:             Gardiner, Stern, Wolowicz and Chair Long
            NOES:            None
ABSTAIN:      None
ABSENT:       Clark

Approval of the Minutes (1900)

Approved the minutes of July 3, 2007.

Redevelopment Agency Investment Policy - FY07-08 (1900)

1) Adopted and filed the FY07-08 Investment Policy for the Rancho Palos Verdes Redevelopment Agency; and 2) ADOPTED RESOLUTION NO. RDA 2007-07, A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY, AUTHORIZING THE EXECUTIVE DIRECTOR AND AGENCY TREASURER TO CONDUCT FINANCIAL TRANSACTIONS WITH VARIOUS FINANCIAL INSTITUTIONS AND DESIGNATING THE DIRECTOR OF FINANCE AND INFORMATION TECHNOLOGY AS THE AGENCY TREASURER.

June 2007 Treasurer’s Report (1900)

Received and filed the June 2007 Treasurer’s Report for the Rancho Palos Verdes Redevelopment Agency.           

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PUBLIC COMMENTS:

There were no requests to speak from the audience.

ADJOURNMENT:

Vice Chair Stern moved to adjourn the meeting.  Chair Long adjourned the Redevelopment Agency meeting at 10:55 P.M.

 

                                                                                                 s/ Thomas D. Long
                                                                                                         Chair

Attest:

 

/s/ Carla Morreale
Agency Secretary