HomeMy WebLinkAbout08-15-2019 IOC Minutes
Minutes
Investment Oversight Committee
Thursday, August 15, 2019
Regular Meeting of the Investment Oversight Committee
CALL TO ORDER
A Regular meeting of the Investment Oversight Committee was called to order on Thursday, August
15, 2018, at 1:30 p.m. in the Council Hearing Room at 990 Palm Street, San Luis Obispo, California,
by Chair Brigitte Elke.
ROLL CALL
Present: Committee Members Daniel Humphrey (Public Member), Derek Johnson,
Debbie Malicoat, and Chair Brigitte Elke
Absent: Committee Member Heidi Harmon
Others Present: Natalie Harnett, Staff, Monique S. Spyke, Managing Director for PFM Asset
Management LLC and Serenity Whorley, Recording Secretary
PUBLIC COMMENT ITEMS NOT ON THE AGENDA
None.
--End of Public Comment--
APPROVAL OF MINUTES
1. Review of Minutes of the Investment Oversight Committee Meeting of June 15, 2019:
ACTION: UPON MOTION BY COMMITTEE MEMBER HUMPHREY, SECONDED BY
COMMITTEE MEMBER JOHNSON, CARRIED 4-0-1, to approve the June 6, 2019, minutes,
as presented.
PUBLIC COMMENT
None.
--End of Public Comment--
City of San Luis Obispo, Title, Subtitle
Minutes - Investment Oversight Committee Minutes of 15, August, 2019 Page 2
BUSINESS ITEMS
2. Presentation of the Quarterly Investment Report on Portfolio Performance
Monique S. Spyke, Managing Director for PFM Asset Management LLC, provided a
PowerPoint presentation and responded to Committee inquiries.
Public Comment
None.
--End of Public Comment--
ACTION: UPON MOTION BY COMMITTEE MEMBER JOHNSON, SECONDED BY
COMMITTEE MEMBER MALICOAT, CARRIED 4-0-1, recommendation.
COMMENT AND DISCUSSION
Finance Director Elke provided an agenda forecast.
ADJOURNMENT
The meeting was adjourned at 2:07 pm. The next Regular Meeting of the Investment Oversight
Committee is scheduled for Thursday, November 14, 2019, at 1:30 p.m., in the Council
Hearing Room, 990 Palm Street, San Luis Obispo, California.
APPROVED BY INVESTMENT OVERSIGHT COMMITTEE: 11/14/19