At the Chairman's discretion, public comments may be allowed on items on this agenda at the time each item is considered.

Persons addressing the Committee shall be limited to 10 minutes unless an extension of time is granted by the Chairman subject to approval of the Committee. When any group of persons wishes to address the Committee, it shall be proper for the Chairman to request that a spokesman be chosen to represent the group.

At the end of this agenda, public comments may be allowed, at the Chairman's discretion, on items NOT on the agenda, but within the subject matter jurisdiction of the Committee. However, NO action may be taken on off-agenda items except as provided by law.

CALL TO ORDER

ROLL CALL

Introduction of new Committee Member: Ms. Victoria Beatley

ACTION OR DISCUSSION ITEMS

1. Approval of Minutes of February 11, 1999
2. Status of Investment Portfolio
3. Resolution of Orange County Bankruptcy
4. Distribution of Current Investment Policy for Annual Review
5. Confirmation of Meeting Dates for 2000 (May 18, August 24, November 16)

ADJOURNMENT