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Budget Investment Technology 2012/12/12 BUDGET, INVESTMENT & TECHNOLOGY COMMISSION MINUTES WEDNESDAY, DECEMBER 12, 2012 4:00 PM ANAHEIM CITY HALL FIFTH FLOOR CONFERENCE ROOM   MEMBERS PRESENT: Trevor Austin, Kevin Baker, Andrew Cho, Jerry Conrey, Helen Garner, Ajay Khetani, Neil Malley, Mark Mittmann, Pat Pepper MEMBERS ABSENT: None STAFF PRESENT: Debbie Moreno, Hank Stern, Tania White, Fortin GUESTS PRESENT: None CALL TO ORDER Chair Pepper called the meeting to order at 4:00 pm. APPROVAL OF THE MINUTES There was a Motion by Mr. Conrey and a Second by Mr. Austin to approve the minutes from the June 13, 2012 meeting. (MOTION CARRIED 9-0). ELECTION OF CHAIR AND VICE-CHAIR Mr. Austin made a Motion to re-elect Mr. Pepper as Chair and Mr. Khetani as Vice-Chair. (MOTION CARRIED 9-0). CITY OF ANAHEIM INVESTMENT POLICY OVERVIEW Mr. Stern introduced the 2013 Investment Policy. He stated that no material changes were made to the policy from the previous year. BUDGET UPDATE Ms. Moreno gave current year General Fund budget and the outlook for the FY 2013/14 budget. ITEMS BY COMMISSION MEMBER Page 2 of 2 BIT Commission Minutes December 12, 2012 None. PUBLIC COMMENTS None. ADJOURNMENT: Chair Pepper adjourned the meeting at 4:58 p.m. The next meeting will be held on March 20, 2014. Respectfully submitted, Tania M. White, Secretary