HomeMy WebLinkAbout08-10-2023 IOC MinutesMinutes
Investment Oversight Committee
Thursday, August 10, 2023
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
10, 2023, at 3:00 p.m. in the Council Hearing Room at City Hall, 990 Palm Street, San Luis Obispo,
by Chair Jackson.
ROLL CALL
Present: Committee Members Natalie Harnett, Erica A. Stewart, Debbie Malicoat, Anni
Wang and Chair Emily Jackson.
Absent: Committee Member Derek Johnson
Others Present: Sarah Walsh, and Monique Spyke, PFM Asset Management LLC.
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 May 11, 2023
PUBLIC COMMENT
None
--End of Public Comment--
ACTION: UPON MOTION BY COMMITTEE MEMBER WANG SECONDED BY
COMMITTEE MEMBER HARNETT CARRIED 5-0-1 (COMMITTEE MEMBER
JOHNSON ABSENT), to approve the May 11, 2023, minutes, as presented.
City of San Luis Obispo, Title, Subtitle
Minutes - Investment Oversight Committee Minutes of Thursday August 10, 2023 Page 2
BUSINESS ITEMS
2.Presentation of the Quarterly Investment Report on Portfolio Performance & Economic
Outlook
Monique Spyke, and Sarah Walsh, for PFM Asset Management LLC, provided an update via
PowerPoint presentation and responded to Committee inquiries.
Public Comment
None
--End of Public Comment--
ACTION: UPON MOTION BY COMMITTEE MEMBER MALICOAT, SECONDED BY
COMMITTEE MEMBER WANG, 5-0-1 (WITH COMMITTEE MEMBER JOHNSON
ABSENT), to approve the recommendation to accept the report.
COMMENT AND DISCUSSION
None
ADJOURNMENT
The meeting was adjourned at 3:53 p.m. The next Regular Meeting of the Investment
Oversight Committee is scheduled for Thursday, November 9, 2023, at 3:00 p.m.
APPROVED BY INVESTMENT OVERSIGHT COMMITTEE: 11/09/2023