Finance and Administration Committee

Conf. Room 07-08

Agenda — 41 items

1. 1 Committee Members
2. 2 Michael Hennessey, Chair Patrick Harper, Vice Chair Andrew Do Jamey Federico Stephanie Klopfenstein Tam T. Nguyen Vicente Sarmiento
3. 4 Any person with a disability who requires a modification or accommodation in order to participate in this meeting should contact the Orange County Transportation Authority (OCTA) Clerk of the Board's office at (714) 560-5676, no less than two business days prior to this meeting to enable OCTA to make reasonable arrangements to assure accessibility to this meeting.
4. 5 Agenda Descriptions
5. 6 Agenda descriptions are intended to give members of the public a general summary of items of business to be transacted or discussed. The posting of the recommended actions does not indicate what action will be taken. The Committee may take any action which it deems to be appropriate on the agenda item and is not limited in any way by the notice of the recommended action.
6. 7 Public Availability of Agenda Materials
7. 8 All documents relative to the items referenced in this agenda are available for public inspection at www.octa.net or through the Clerk of the Board’s office at the OCTA Headquarters, 600 South Main Street, Orange, California.
8. 9 Meeting Access and Public Comments on Agenda Items
9. 10 Members of the public can either attend in-person or listen to audio live streaming of the Board and Committee meetings by clicking this link: https://octa.legistar.com/Calendar.aspx
10. 12 In-Person Comment
11. 13 Members of the public may attend in-person and address the Board regarding any item within the subject matter jurisdiction of the Orange County Transportation Authority. Please complete a speaker’s card and submit it to the Clerk of the Board and notify the Clerk regarding the agenda item number on which you wish to speak. Speakers will be recognized by the Chair at the time of the agenda item is to be considered by the Board. Comments will be limited to three minutes. The Brown Act prohibits the Board from either discussing or taking action on any non-agendized items.
12. 14 Page Break
13. 15 Written Comment
14. 16 Written public comments may also be submitted by emailing them to ClerkOffice@octa.net, and must be sent by 5:00 p.m. the day prior to the meeting. If you wish to comment on a specific agenda Item, please identify the Item number in your email. All public comments that are timely received will be part of the public record and distributed to the Board. Public comments will be made available to the public upon request.
15. 17 Call to Order ▶ jump to 20:03
16. 18 Pledge of Allegiance ▶ jump to 20:18
17. 19 Director Klopfenstein
18. 20 Closed Session
19. 21 There are no Closed Session items scheduled. ▶ jump to 20:51
20. 22 Special Calendar
21. 23 There are no Special Calendar matters. ▶ jump to 20:55
22. 24 Consent Calendar (Items 1 through 4) adopted Pass ▶ jump to 21:47
23. 25 All items on the Consent Calendar are to be approved in one motion unless a Committee Member or a member of the public requests separate action or discussion on a specific item.
24. 1. Approval of Minutes approved and passed Pass
25. 2. Fiscal Year 2023-24 Second Quarter Grant Reimbursement Status Report 24-5391 approved and passed Pass
26. 3. Environmental Mitigation Program Endowment Fund Investment Report for December 31, 2023 24-5392 approved and passed Pass
27. 4. Local Transportation Fund Claims for Fiscal Year 2024-25 24-5403 ▶ jump to 25:12
28. 30 Regular Calendar
29. 4. Local Transportation Fund Claims for Fiscal Year 2024-25 24-5403
30. 31 There are no Regular Calendar items scheduled.
31. 32 Discussion Items
32. 5. 405 Express Lanes Operational Update 24-5425 receive and file information item ▶ jump to 26:07
33. 6. Fiscal Year 2024-25 Budget Assumptions 24-5430 receive and file information item ▶ jump to 53:21
34. 7. Public Comments ▶ jump to 72:02
35. 8. Chief Executive Officer's Report ▶ jump to 72:03
36. 9. Committee Members' Reports ▶ jump to 72:04
37. 10. Adjournment ▶ jump to 72:06
38. 39 The next regularly scheduled meeting of this Committee will be held:
39. 40 10:30 a.m. on Wednesday, March 13, 2024
40. 41 OCTA Headquarters Board Room 550 South Main Street Orange, California
41. 43 Rollcall ▶ jump to 24:04