2175 Cherry Avenue • Signal Hill, California 90755-3799
CITY OF SIGNAL HILL
THE CITY OF SIGNAL HILL
WELCOMES YOU TO A SPECIAL
CITY COUNCIL AS SUCCESSOR AGENCY MEETING
June 27, 2023
To view or listen to the meeting live at 7:00 p.m.:
• City of Signal Hill website at www.cityofsignalhill.org, select the City Council Meetings Link from the home page.
• Charter Spectrum Channel 3 or Frontier FiOS Channel 38. • Call (408) 638-0968 (audio only) and enter meeting ID: 881-4793-6648, press # when prompted to provide participant ID, and enter passcode: 374778. If you would like to make a public comment, please notify the meeting host by pressing *9 on the telephone keypad.
To view and participate in the meeting at 7:00 p.m.:
• In-person Participation: Council Chambers of City Hall, 2175 Cherry Avenue, Signal Hill, California.
• Remote Participation: Visit https://zoom.us/j/88147936648 on your desktop computer or laptop and enter passcode: 374778; or
• Visit www.zoom.us on your desktop computer or laptop, click on “Join a Meeting”, and enter meeting ID: 881-4793-6648 and passcode: 374778 when prompted; or • Download the app from the app store if you are using a smart phone and enter meeting ID: 881-4793-6648 and passcode: 374778 when prompted. • Please note that you will be placed in a “listen only” mode and your video feed will not be shared with the Successor Agency or public. If you would like to make a public comment, please notify the meeting host by raising your virtual hand (see hand icon at bottom of screen) and you will be invited to speak when the Successor Agency is taking public comments. Please do not simultaneously use a microphone through Zoom and a cellphone/telephone. That combination results in audio problems for all participants.
• To make a general public comment or comment on a specific agenda item, you may also submit your comment, limited to 250 words or less, to the City Clerk at [email protected] not later than 5:00 p.m. on Tuesday, June 27, 2023.
Written comments will be provided electronically to the Successor Agency and attached to the meeting minutes. Written comments will not be read into the record. • Please note that remote participation is offered as a public service and the City is
City Council as Successor Agency Special June 27, 2023
not responsible for meeting disruptions or technical difficulties; however, if you are disconnected, please repeat the steps above. Submission of written comments or in-person participation will ensure that your comments are received.
Successor Agency Members receive no compensation.
(1) CALL TO ORDER – 7:00 P.M.
(2) ROLL CALL
CHAIR HANSEN
VICE CHAIR WOODS
MEMBER COPELAND
MEMBER JONES
MEMBER WILSON
(3) PUBLIC BUSINESS FROM THE FLOOR ON ADMINISTRATIVE OFFICER REPORT (SPEAKERS WILL BE GIVEN THREE MINUTES)
(4) ADMINISTRATIVE OFFICER REPORT
a. RESOLUTIONS ADOPTING INVESTMENT POLICIES
Summary:
The City's Investment Policy provides guidelines for the prudent investment of the City's available resources and outlines policies for maximizing the efficiency of the City's cash management process. The ultimate goal of an Investment Policy is to enhance the economic status of the City while protecting its pooled cash. In accordance with California Government Code Section 53646(a), an annual rendering of the City’s Investment Policy shall be presented to the City Council for consideration. Staff does not propose changes to the Investment Policy at this time. In addition, the City Council as Successor Agency, will consider adoption of a companion policy addressing Successor Agency funds.
Recommendations:
City Council:
Adopt a resolution, entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SIGNAL HILL,
CALIFORNIA, ADOPTING ITS INVESTMENT POLICY FOR PUBLIC FUNDS Successor Agency:
Adopt a resolution, entitled:
A RESOLUTION OF THE CITY COUNCIL AS SUCCESSOR AGENCY OF THE
CITY OF SIGNAL, CALIFORNIA, ADOPTING ITS INVESTMENT POLICY FOR
PUBLIC FUNDS
City Council as Successor Agency Special June 27, 2023
(5) ADJOURNMENT
Tonight’s meeting will be adjourned in honor and memory of Julian Denis Kitchens, long-time Signal Hill resident, former Civil Service Commissioner, and husband to Mayor Tina L. Hansen. The next regular meeting of the City Council as Successor Agency will be held on Tuesday, January 9, 2024, at 7:00 p.m. (hybrid meeting format, including in-person, and video and teleconference participation options). Instructions to participate in the meeting will be provided on the meeting agenda.
CITIZEN PARTICIPATION
Routine matters are handled most quickly and efficiently if contact is made with the City department directly concerned. However, if you would like to request that a matter be presented for City Council consideration, you may do so by writing to the City Council, City Clerk, or City Manager.
If you need special assistance beyond what is normally provided to participate in City meetings, the City will attempt to accommodate you in every reasonable manner.
Please call the City Clerk's office at (562) 989-7305 at least 48 hours prior to the meeting to inform us of your particular needs and to determine if accommodation is feasible.