978 SPECIAL MEETING AGENDA CITY OF LA HABRA HEIGHTS INVESTMENT ADVISORY COMMITTEE 1245 N. Hacienda Road La Habra Heights, California 90631 3:00 p.m. Regular Business February 19, 2025 The City of La Habra Heights complies with the Americans with Disabilities Act of 1990. Ify you require special assistance to attend or participate in this meeting, please call the Materials related to any items on this agenda submitted to the Investment Advisory Committee after distribution of the agenda packet are available for public inspection with the City Clerk at 1245 N. Hacienda Road, La Habra Heights, CA 90631 during normal City Clerk's office at (562)694-6302. business hours. PUBLIC COMMENT PROCESS Each member of the public may speak for a total of five minutes on any action item listed on the agenda. To speak in the Public Comment segment please complete and delivera speaker's card to the Clerk prior to the call for public comments. You will be called to the podium by name when it is your turn to speak. Be advised that the Chair may limit Should you need to provide written documentation, please give the Clerk a minimum of SEVEN (7) copies prior to the start of the meeting so the information can be distributed speaking time at his discretion. to the Committee. OPENING CEREMONIES 1. 2. CALL MEETING TO ORDER ROLL CALL: Chair David Little, Vice Chair/City Treasurer Dinesh Ghiya, Council Members Brian Bergman ànd Greg Steffire SPECIAL INVESTMENT ADVISORY COMMITTEE MEETING. AGENDA 1 FEBRUARY 19, 2025 3. PUBLIC COMMENTS COMMITTEE BUSINESS 4. APPROVAL OF MINUTES - NOVEMBER 19, 2024 SPECIAL MEETING RECOMMENDATION: Approve. 5. REVIEW AND DISCUSS INVESTMENTS RECOMMENDATION: Itis recommended that the Investment Advisory Committee review, discuss and provide direction tot the City Treasurer. END OF ADMINISTRATIVE ITEMS ADJOURN MEETING UPON ADJOURNMENT OF THE MEETING, PLEASE LEAVE THE IN-PERSON AND TELEPHONIC MEETING PROMPTLY. IF YOU ARE RECORDING, PLEASE NOTE THAT THE CONVERSATIONS THAT TAKE PLACE FROM THIS POINT FORWARD MAY BE PRIVATE, ARE NOT PART OF THE PUBLIC MEETING, AND CONSENT OF ALL PARTIES TO THE CONVERSATION MAY BE REQUIRED PRIOR TO RECORDING. SPECIAL INVESTMENT ADVISORY COMMITTEE MEETING. AGENDA 2 FEBRUARY 19, 2025 MINUTES City of La Habra Heights November 19, 2024 Special Meeting of the La Habra Heights Investment Advisory Committee Call to Order - Investment Advisory Committee etan Opening Ceremonies 1. 2. Call Meeting to Order - At 3:08 p.m, ChairD David Little calledthe meeting to order. Roll Call Present: Chair David Little, Vice Chair/City Treasurer Dinesh Ghiya, and Council Members Brian Bergman Absent: Council Members Dennis Laherty Also Present: City Manager Rafferty' Wooldridge and Finance Manager Angie Martinez 3. Public Comment Committee. Business 4. Approval of Minutes August 20, 2024 Regular Investment Advisory ActionMoved (Bergman), seconded (Little), and voted 3-0 (Absent: Laherty) to approve the August20, 2024 Regular IInvestment Advisory Committee meeting minutes. Committee Meeting 5. Reviewand Discuss Investments Action: Moved (Little), seconded (Bergman), and voted 3-0 (Absent: Laherty) to direct staff to roll, maturing United States Treasury (UST) to a 3-month term UST, with a yield of 4.3% to 4.6%. Adjourn Meeting - At 3:23 p.m., the meeting was adjourned. SPECIAL INVESTMENT ADVISORY COMMITTEE NOVEMBER 19, 2024 MEETING MINUTES Submitted for Committee Approval: Christina Aguilar, Administrative Assistant SPECIAL INVESTMENT ADVISORY COMMITTEE 2 NOVEMBER 19, 2024 MEETING MINUTES