HomeMy WebLinkAbout05-16-2024 IOC MinutesMinutes
Investment Oversight Committee
Thursday, May 16, 2024
Regular Meeting of the Investment Oversight Committee
CALL TO ORDER
A Regular meeting of the Investment Oversight Committee was called to order on Thursday,
May 16, 2024, at 3:02 p.m. in the Council Hearing Room at City Hall, 990 Palm Street, San
Luis Obispo, by Chair Jackson.
ROLL CALL
Present: Committee Members Whitney McDonald, Riley Kuhn, Debbie Malicoat,
Jan Marx, Anni Wang, and Chair Emily Jackson
Absent:
Others Present: Monique S. Spyke, PFM Asset Management LLC, Justin Resuello
PFM Asset Management LLC, Antonio Aiello, and Michelle
Karpovich, 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 February
15, 2024
PUBLIC COMMENT
None
--End of Public Comment--
ACTION FOR ITEM 1: UPON MOTION BY COMMITTEE MEMBER WANG SECONDED
BY COMMITTEE MEMBER MARX CARRIED 6-0-0, to approve the February 15, 2024,
minutes, as presented.
City of San Luis Obispo, Title, Subtitle
Minutes - Investment Oversight Committee Minutes of Thursday, May 16, 2024 Page 2
BUSINESS ITEMS
2. Presentation of the Quarterly Investment Report on Portfolio Performance &
Economic Outlook
Monique Spyke and Justin Resuello for PFM Asset Management LLC provided an
update via PowerPoint presentation and responded to Committee inquiries.
PUBLIC COMMENT
None
--End of Public Comment--
ACTION FOR ITEM 2: UPON MOTION BY COMMITTEE MEMBER MARX, SECONDED
BY COMMITTEE MEMBER KUHN, 6-0-0, to approve the recommendation to accept the
report.
COMMENT AND DISCUSSION
None
ADJOURNMENT
The meeting was adjourned at 3:39 p.m. The next Regular Meeting of the Investment
Oversight Committee is scheduled for Thursday, August 15, 2024 at 3:00 p.m.
APPROVED BY INVESTMENT OVERSIGHT COMMITTEE: 08/15/2024