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HomeMy WebLinkAbout2025-11-20; Investment Review Board; Agendas; Regular Session Council Chamber 1200 Carlsbad Village Drive Carlsbad, CA 92008 carlsbadca.gov INVESTMENT REVIEW BOARD Regular Meeting Nov. 20, 2025, 2 p.m. Welcome to the Investment Review Board Meeting We welcome your interest and involvement in the city’s Investment Review Board. This agenda includes information about topics coming before the Investment Review Board and the action recommended by city staff. You can read about each topic in the staff reports, which are available on the city website. How to watch In Person City Council Chamber 1200 Carlsbad Village Drive Online Watch the livestream at carlsbadca.gov/watch How to participate If you would like to provide comments to the Board please:  Fill out a speaker request form, located in the foyer.  Submit the form to the Clerk before the item begins.  When it’s your turn, the Clerk will call your name and invite you to the podium.  For non-agenda public comment, speakers must confine their remarks to matters within the City Council’s subject matter jurisdiction.  For public comment on agenda items, speakers must confine their remarks to the question or matter under consideration.  Speakers have three minutes, unless the presiding officer (usually the chair) changes that time.  You may not give your time to another person, but can create a group. A group must select a single speaker as long as three other members of your group are present. All forms must be submitted to the Clerk before the item begins and will only be accepted for items listed on the agenda (not for general public comment at the beginning of the meeting). Group representatives have 10 minutes unless that time is changed by the presiding officer or the Board  In writing: Email comments to treasury@carlsbadca.gov. Comments received by noon the day of the meeting will be shared with the Board prior to the meeting. When e-mailing comments, please identify in the subject line the agenda item to which your comments relate. All comments received will be included as part of the official record. Reasonable accommodations Reasonable Accommodations Persons with a disability may request an agenda packet in appropriate alternative formats as required by the Americans with Disabilities Act of 1990. Reasonable accommodations and auxiliary aids will be provided to effectively allow participation in the meeting. Please contact the City Manager’s Office at 442- 339-2821 (voice), 711 (free relay service for TTY users), 760-720-9461 (fax) or manager@carlsbadca.gov by noon on the Wednesday before the meeting to make arrangements. City staff will respond to requests by noon on Thursday, the day of the meeting, and will seek to resolve requests before the start of the meeting in order to maximize accessibility. C 11111 I I □-=□ Nov. 20, 2025 Page 2 CALL TO ORDER: 2:04 p.m. ROLL CALL: Ganelin, Rubinstein, Veiga, Peacox PLEDGE OF ALLEGIANCE: Board Member Rubinstein led the Pledge of Allegiance. APPROVAL OF MINUTES: Minutes of the Special Meeting held Oct. 16, 2025. ACTION: Minutes were approved as presented 4/0/0/1 (Frieda – absent) PRESENTATIONS: None. PUBLIC COMMENT: None. CONSENT CALENDAR: None. PUBLIC HEARINGS: None. DEPARTMENTAL REPORTS: 1. ANNUAL WORK PLAN: Review draft and adopt a resolution approving the Work Plan for calendar year 2026. (Staff contact: Katie Schroeder, Treasury Department) Recommended Action: Adopt a resolution approving the Annual Work Plan for calendar year 2026 No public comment. ACTION: Adopted Resolution No. 2025-004 5/0/0/0. 2. QUARTERLY INVESTMENT PORTFOLIO REVIEW: Receive a presentation on the investment portfolio’s balances, activities and compliance standards for the first quarter of fiscal year 2026. (Staff contact: Katie Schroeder, Treasury Department) Recommended Action: Receive the presentation No public comment. ACTION: Board received the presentation. BOARD MEMBER COMMENTARY AND REQUESTS FOR CONSIDERATION OF MATTERS: This portion of the agenda is for the Board to make brief announcements, brief reports of their activities and requests for future agenda items. STAFF COMMENTS: None. ADJOURNMENT: 3:00 p.m. -----------------