Rancho Palos Verdes
City Council
Agenda Item 5
5.\nConsider amending City Council Debt Management Policy No. 52 (Debt\nManagement Policy) (Moya) (30 mins)\nRecommendation: Approve amendments to City Council Policy No. 52, Debt\nManagement Policy, to clarify the purposes and uses of debt; refine the\nGeneral Fund debt limit; establish procedures for selecting financial\ninstitutions; and add new provisions for governing loans, installment\nobligations, and emergency borrowing, as reviewed and approved by the\nFinance Advisory Committee (FAC).\nAgenda Report