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HomeMy WebLinkAbout2024-10-24; Investment Review Committee; ; Approval of the Investment Review Committee Regular Meeting ScheduleMeeting Date: To: From: Staff Contact: Subject: District: Oct. 24, 2024 Investment Review Committee Zach Korach, Finance Director / Deputy City Treasurer Katie Schroeder, Senior Accountant katie.schroeder@carlsbadca.gov, 442-339-5246 Approval of the Investment Review Committee Regular Meeting Schedule All Recommended Action Review and adopt a resolution approving the Investment Review Committee Regular Meeting Schedule as proposed by staff for calendar year 2024 and 2025. Executive Summary/ Discussion Staff are requesting the Committee to approve the 2024 and 2025 schedule for regular Investment Review Committee meetings. Per the city’s Investment Policy, the Investment Review Committee shall convene at least once each quarter. Adopting the calendar by resolution meets the requirements of the Brown Act, the state’s open meeting law (California Government Code Section 54954), and provides the committee the opportunity to increase notification to the public of its scheduled regular meetings. Special meetings can still be called as needed by providing 24-hour notice before the time of the special meeting. All regular meetings will be scheduled to take place at the Council Chamber at City Hall at 1200 Carlsbad Village Drive. Fiscal Analysis This action has no fiscal impact. Environmental Evaluation This action does not require environmental review because it does not constitute a project within the meaning of the California Environmental Quality Act under California Public Resources Code Section 21065 in that it has no potential to cause either a direct physical change or a reasonably foreseeable indirect physical change in the environment. Exhibits 1.Investment Review Committee resolution approving calendar year 2024 regular meeting 2.Investment Review Committee resolution approving calendar year 2025 regular meetings INVESTMENT REVIEW COMMITTEE Oct. 24, 2024 Item #4 Page 1 of 5 Staff Report RESOLUTION NO. 2024-002 A RESOLUTION OF THE INVESTMENT REVIEW COMMITTEE OF THE CITY OF CARLSBAD, CALIFORNIA, ADOPTING THE REGULAR MEETING SCHEDULE FOR CALENDAR YEAR 2024 WHEREAS, the Investment Review Committee of the City of Carlsbad, California, was established through the City of Carlsbad Investment Policy adopted by the City Council on March 12, 2024;and WHEREAS, Carlsbad Municipal Code Section 2.15.020(G} requires the committee to meet in accordance with its approved regular meeting schedule. NOW, THEREFORE, BE IT RESOLVED by the Investment Review Committee of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the regular meeting schedule in Attachment A is adopted. PASSED, APPROVED AND ADOPTED at a Special Meeting of the Investment Review Committee of the City of Carlsbad on the 24th day of October, 2024 by the following vote, to wit: AYES: KORACH, HABER, TRUE NAYS: NONE. ABSTAIN: NONE. ABSENT: ROCHA KATIE SCHROEDER, Senior Accountant S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 6 1 2 3 1 2 7 8 9 10 11 12 13 4 5 6 7 8 9 10 3 4 5 6 7 8 9 14 15 16 17 18 19 20 11 12 13 14 15 16 17 10 11 12 13 14 15 16 21 22 23 24 25 26 27 18 19 20 21 22 23 24 17 18 19 20 21 22 23 28 29 30 31 25 26 27 28 29 30 31 24 25 26 27 28 29 30 31 S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 6 1 2 3 4 1 7 8 9 10 11 12 13 5 6 7 8 9 10 11 2 3 4 5 6 7 8 14 15 16 17 18 19 20 12 13 14 15 16 17 18 9 10 11 12 13 14 15 21 22 23 24 25 26 27 19 20 21 22 23 24 25 14 17 20 23 26 29 32 28 29 30 26 27 28 29 30 31 23 24 25 26 27 28 29 30 S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 6 1 2 3 1 2 3 4 5 6 7 7 8 9 10 11 12 13 4 5 6 7 8 9 10 8 9 10 11 12 13 14 14 15 16 17 18 19 20 11 12 13 14 15 16 17 15 16 17 18 19 20 21 21 22 23 24 25 26 27 18 19 20 21 22 23 24 22 23 24 25 26 27 28 28 29 30 31 25 26 27 28 29 30 31 29 30 S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 1 2 1 2 3 4 5 6 7 6 7 8 9 10 11 12 3 4 5 6 7 8 9 8 9 10 11 12 13 14 13 14 15 16 17 18 19 10 11 12 13 14 15 16 15 16 17 18 19 20 21 20 21 22 23 24 25 26 17 18 19 20 21 22 23 22 23 24 25 26 27 28 27 28 29 30 31 24 25 26 27 28 29 30 29 30 31 Investment Review Committee meeting, 2 p.m.City holiday, city offices closed Investment Review Committee Meeting Calendar 2024 July August September October November December January February March April May June Attachment A Oct. 24, 2024 Item #4 Page 3 of 5 --- - -- --- -- RESOLUTION NO. 2024-003 A RESOLUTION OF THE INVESTMENT REVIEW COMMITTEE OF THE CITY OF CARLSBAD, CALIFORNIA, ADOPTING THE REGULAR MEETING SCHEDULE FOR CALENDAR YEAR 2025 WHEREAS, the Investment Review Committee of the City of Carlsbad, California, was established through the City of Carlsbad Investment Policy adopted by the City Council on March 12, 2024;and WHEREAS, Carlsbad Municipal Code Section 2.15.020(G) requires the committee to meet in accordance with its approved regular meeting schedule. NOW, THEREFORE, BE IT RESOLVED by the Investment Review Committee of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the regular meeting schedule in Attachment A is adopted. PASSED, APPROVED AND ADOPTED at a Special Meeting of the Investment Review Committee of the City of Carlsbad on the 24th day of October, 2024 by the following vote, to wit: AYES: KORACH, HABER, TRUE NAYS: NONE. ABSTAIN: NONE. ABSENT: ROCHA KATIE SCHROEDER, Senior Accountant S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 1 1 5 6 7 8 9 10 11 2 3 4 5 6 7 8 2 3 4 5 6 7 8 12 13 14 15 16 17 18 9 10 11 12 13 14 15 9 10 11 12 13 14 15 19 20 21 22 23 24 25 16 17 18 19 20 21 22 16 17 18 19 20 21 22 26 27 28 29 30 31 23 24 25 26 27 28 23 24 25 26 27 28 29 30 31 S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 1 2 3 1 2 3 4 5 6 7 6 7 8 9 10 11 12 4 5 6 7 8 9 10 8 9 10 11 12 13 14 13 14 15 16 17 18 19 11 12 13 14 15 16 17 15 16 17 18 19 20 21 20 21 22 23 24 25 26 18 19 20 21 22 23 24 22 23 24 25 26 27 28 27 28 29 30 25 26 27 28 29 30 31 29 30 S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 5 1 2 1 2 3 4 5 6 6 7 8 9 10 11 12 3 4 5 6 7 8 9 7 8 9 10 11 12 13 13 14 15 16 17 18 19 10 11 12 13 14 15 16 14 15 16 17 18 19 20 20 21 22 23 24 25 26 17 18 19 20 21 22 23 21 22 23 24 25 26 27 27 28 29 30 31 24 25 26 27 28 29 30 28 29 30 31 S M T W T F S S M T W T F S S M T W T F S 1 2 3 4 1 1 2 3 4 5 6 5 6 7 8 9 10 11 2 3 4 5 6 7 8 7 8 9 10 11 12 13 12 13 14 15 16 17 18 9 10 11 12 13 14 15 14 15 16 17 18 19 20 19 20 21 22 23 24 25 16 17 18 19 20 21 22 21 22 23 24 25 26 27 26 27 28 29 30 31 23 24 25 26 27 28 29 28 29 30 31 30 Investment Review Committee meetings, 11 a.m.City holiday, city offices closed 2025 Investment Review Committee Meeting Calendar January February March October November December April May June July August September Attachment A Oct. 24, 2024 Item #4 Page 5 of 5 ---- -- --- ------