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HomeMy WebLinkAbout2024-11-21; Investment Review Committee; MinutesINVESTMENT REVIEW COMMITTEE Regular Meeting Minutes Nov. 21, 2024, 2 p.m. CALL TO ORDER: 2 p.m. ROLL CALL: Korach, Rocha, Haber, True. Council Chamber 1200 Carlsbad Village Drive Carlsbad, CA 92008 PLEDGE OF ALLEGIANCE: Committee Chair Korach led the Pledge of Allegiance. APPROVAL OF MINUTES: Minutes of the Special Meeting held Oct. 24, 2024 Motion by Committee Vice Chair Rocha, seconded by Committee Member Haber, to approve the minutes as presented. Motion carried, 4/0. PRESENTATIONS: None. CONSENT CALENDAR: None. PUBLIC HEARINGS: None. DEPARTMENTAL REPORTS: 1. FISCAL YEAR 2024-25 FIRST QUARTER INVESTMENT REVIEW: Receive presentation of the city's investment portfolio for the first quarter of fiscal year 2024-25. (Staff contact: Katie Schroeder, Treasury Department) Recommended Action: Receive the presentation. Committee Chair Korach presented a PowerPoint presentation. No public comments. The Investment Review Committee received the presentation. COMMITTEE MEMBER COMMENTARY AND REQUESTS FOR CONSIDERATION OF MATTERS: Resident Advisor Niswander proposed that current members of the Investment Review Committee members participate in developing the proposal for changes to the Investment Review Committee and that roles and responsibilities of members be defined and documented. STAFF COMMENTS: None. ADJOURNMENT: 2:10 p.m. Katie Schroeder Senior Accountant