HomeMy WebLinkAbout1989-03-27; Parking Authority; MinutesMINUTES
Meeting of: CARLSBAD PARKING AUTHORITY (Special
March 27, 1989 Date of Meeting:
Time of Meeting: 2:00 p.m.
Place of Meeting : City Manager's Conference Room
CALL TO ORDER:
The meeting was called to order by Vice-Chairman Jardine
at 2:15 p.m.
ROLL CALL:
The following roll call was taken:
Present : Jardine, Goodwin, Dunne and Anear.
Absent: Prescott
2. APPROVAL OF MINUTES : (Approved by one motion)
The Minutes of the Special Meeting held February 9,
1988 were approved as presented.
The Minutes of the Adjourned Meeting held March 9,
1988 were approved as presented.
3. AUDIT FOR FISCAL YEAR 1987-88.
4.
The Authority referenced the audit and questioned
whether Security Pacific National Bank, as
administrator and paying agent, achieved a maximum
amount of interest in their investments for the
Authority. They also questioned whether the fees
currently being charged by Security Pacific National
Bank were excessive, or were in line with other
institutions.
The Authority directed the City Clerk to write a
memorandum to the Finance Di rector, requesting a
written response, concerning the rate of return on
the money invested for the Authority; what
restrictions apply to the current arrangements with
Security Pacific National Bank; what mechanics would
be involved in making a change; reasonableness of
fees; and whether a change should be pursued.
The Authority approved the audit for fi seal year
1987-88 as prepared and submitted by Peat Marwick
Main & Company.
PAYMENT OF BILLS (One motion)
The Authority ratified payment of the following
bills:
a. Bill from Security Pacific National Bank dated
March 4, 1988 in the amount of $1,384.80; and
b. Bill from Security Pacific National Bank dated
September 27, 1988 in the amount of $488.30; and
•
Meeting)
Jardine
Goodwin
Dunne
Anear
Jardine
Goodwin
Dunne
Anear
Jardine
Goodwin
Dunne
Anear
Jardine
Goodwin
Dunne
Anear
X
X
X
X
X
X
X
X
X
X
X
X
X ,, "'='
Xx -
X
X
X
X X
MINUTES
March 27, 1989 Page 2
c. Bill from Security Pacific National Bank dated
November 29, 1988 in the amount of $436.56; and
The Authority also approved the payment of the bill
from Security Pacific National Bank dated February
27, 1989 in the amount of $1,310 .49.
The Authority authorized the City Clerk to pay bills
received between this meeting date and the date of
the next meeting subject to subsequent ratification
by the Authority.
The Authority amended the previous motion to include
the word "routine" when referencing bills.
The final action of the Authority, as reflected in
the previous two motions, authorizes the City Clerk
to pay routine bills received between the date of
this meeting and the next meeting date subject to
subsequent ratification by the Authority.
5. ELECTION OF OFFICERS FOR CALENDAR YEAR 1989.
The Authority determined to continue with their
present slate of officers for calendar year 1989 as
follows:
Prescott -Chairman
Jardine -Vice-Chairman
Goodwin -Secretary/Treasurer
Vice -Chairman Jardine questioned whether a topic
titled "Additional Business" could be included on
future agendas.
The City Clerk explained the Brown Act restrictions,
but indicated when she called the members to set up
a meeting, she would inquire whether there was any
additional business they wished placed on the agenda
for consideration.
The Authority requested the City Clerk to provide
them with a map showing the area under the control
of the Parking Authority.
The Authority also requested an additional reminder
phone call just prior to meeting dates.
ADJOURNMENT
By proper motion, the Meeting of March 27, 1989 was
adjourned at 2:50 p.m.
Respectfully submitted,
~~tf~
ALETHA L. RAUTENKRANZ /
Clerk of the Authority
Jardine
Goodwin
Dunne
Anear
Jardine
Goodwin
Dunne
Anear
Jardine
Goodwin
Dunne
Anear
X
X
X
X X
X
X
X
X X
X
X
X
X X