Palos Verdes Estates — 2026-03-10

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2.\nRECEIVE AND FILE FINANCIAL STATEMENTS FOR THE MONTH ENDING\nJANUARY 31, 2026\nRecommendation: Staff recommends that the City Council receive and file\nfinancial statements for the month ending January 31, 2026.

3.\nCITY COUNCIL MEETING ACTIONS\nRecommendation: Staff recommends that the City Council approve the\nminutes for the February 24, 2026, Regular City Council Meeting.\nMinutes

4.\nINVESTMENT POLICY ADVISORY COMMITTEE MEETING ACTIONS\nRecommendation: Staff recommends that the City Council approve the\nminutes for the Investment Policy Advisory Committee Meeting of February\n11, 2026.\nMinutes

5.\nSECOND READING AND ADOPTION OF ORDINANCE NO. 771\nRecommendation: Staff recommends that the City Council Waive second\nreading and adopt Ordinance No. 771, amending and adding municipal code\nsections (chapters 8.56, 8.60, 8.64, and 12.24) related to fireworks, smoking,\ndisorderly conduct, and unlawful camping to improve fire safety and find the\nsame exempt from the California Environmental Quality Act.

6.\nDISCUSSION OF FISCAL YEAR 2026-2027 PRELIMINARY BUDGET DEVELOPMENT\nRecommendation: Staff recommends that the City Council receive and file this\nreport on the development of the Fiscal Year (FY) 2026-27 Budget and provide\nfeedback on priorities, financial strategies, and the budget calendar.

7.\nRECEIVE AND FILE A DELIVERABLE OF THE 2026 CITYWIDE STORM DRAIN\nMASTER PLAN (SDMP) - DRAFT CONDITION ASSESSMENT AND\nMAINTENANCE, REHABILITATION, AND REPLACEMENT PLAN\nRecommendation: Staff recommends that the City Council receive and file a\ndeliverable of the draft 2026 Citywide Storm Drain Master Plan (SDMP) – Draft\nCondition Assessment and Maintenance, Rehabilitation, and Replacement\nPlan.

8.\nFIRST AMENDMENT TO CITY MANAGER EMPLOYMENT AGREEMENT\nRecommendation: Staff recommends that the City Council Authorize the\nMayor to sign the first amendment to the employment agreement with City\nManager Kerry Kallman.