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Carlsbad names members to Investment Review Board, planning commission and advisory committee; votes unanimous
Summary
The council confirmed four nominees to the newly created Investment Review Board, appointed a planning commissioner and named a member to the agricultural conversion mitigation fee citizens advisory committee; each action passed unanimously.
The Carlsbad City Council confirmed several appointments during its meeting Tuesday, unanimously approving nominees to the city’s newly formed Investment Review Board as well as appointments to the Planning Commission and an agricultural advisory committee.
The council approved Kathy Phillips (District 2) to the Agricultural Conversion Mitigation Fee Citizens Advisory Committee. Later, Mayor Pro Tem Priya Bhat Patel nominated Kylie Asher Fitzgerald to the Planning Commission; council approved Fitzgerald’s appointment unanimously.
City Treasurer Trevor (surname not specified) presented nominees for the Investment Review Board and the council confirmed four residents to staggered terms: Steven Rubinstein (four-year term), Bill Ganelon (two-year term), Jonathan Vega (four-year term) and April Afrida (two-year term). The treasurer told council that nominees bring a mix of financial and investment-management experience; Ganelon and Vega addressed the council and summarized their backgrounds in investment analysis and portfolio management.
Bill Ganelon described more than 40 years of investment experience and said he holds an MBA and CFA designation. Jonathan Vega said he manages an international value fund and also is a CFA charterholder; Vega noted his prior participation in Carlsbad’s Citizens Academy programs. The council voted to confirm all four nominees; each nomination passed unanimously.
Council members thanked applicants and staff for a robust recruitment process and said the staggered terms are intended to provide continuity for the new advisory board. The Investment Review Board will advise the city treasurer on the objectives of safety, liquidity and yield for the city’s investment portfolio.
