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LYNWOOD PUBLIC FINANCE AUTHORITY
REGULAR MEETING
MARCH 19, 2002
The Public Finance Authority of the City of Lynwood met in a Regular Meeting at 11330
Bulbs Road on the above date at 7:00 p.m.
President Reyes presiding.
{ Members Byrd, Richards, Rodriguez, Pedroza, Reyes answered the joint roll call for all
agencies.
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Also present were Chief Administrative Officer Gonzales, Interim City Attorney
Montgomery, and Secretary Hooper and Treasurer Pygatt.
Secretary Hooper announced that the agenda had been posted in accordance with the
Brown Act.
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
NONE
PUBLIC ORALS COMMUNICATIONS
NONE
Item #4: MINUTES OF PREVIOUS MEETINGS:
It was moved by Vice President Pedroza, seconded by Member Rodriguez and carried to
approve the following minutes.
• Regular Meeting, March 5, 2002
• Special Meeting, March 13, 2002
Item #5: TREASURERS QUARTERLY INVESTMENT REPORT
The purpose of this item is to have the Lynwood Public Finance Authority review the
Treasurers Quarterly Investment Report as required by state statues.
It was moved by Member Richards, seconded by Vice President Pedroza and carried to
receive and file this information.
Item #7: INVESTMENT POLICY
The Statement of Investment Policy has been prepared to establish guidelines for the
prudent investment of the Lynwood Public Finance idle cash.
It was moved by Vice President Pedroza, seconded by Member Byrd to adopt Resolution.
^? RESOLUTION NO. 2002.001 ENTITLED:
j A RESOLUTION OF THE LYNWOOD PUBLIC FINANCE AUTHORITY OF
THE CITY OF LYNWOOD APPROVING THE TREASURERS STATEMENT OF
INVESTMENT POLICY FOR PRUDENT MONEY MANAGEMENT.
ROLL CALL:
AYES: MEMBER BYRD, RICHARDS, RODRIGUEZ, PEDROZA, REYES
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
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ADJOURNMENT
Having no further discussion, it was moved by Vice President Pedroza, seconded by
Member Rodriguez and carried to adjourn the meeting at 7:05 p.m.
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Arturo Reyes, Ma r
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Andrea L. Hooper, City Clerk
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