Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Finance, Budget and Audit Committee Agenda status: Final
Meeting date/time: 1/17/2018 1:00 PM Minutes status: Draft  
Meeting location: One Gateway Plaza, Los Angeles, CA 90012, 3rd Floor, Metro Board Room
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video: eComment: Not available  
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2017-0777 10.AgreementAUTHORIZE the Chief Executive Officer to execute a five-year amendment to the existing lease agreement with Bakewell Hawthorne, LLC (“Landlord”), and option a five-year term extension, for use of 11,500 rentable square feet (“RSF”) of office space located at 4401 Crenshaw Boulevard, Los Angeles (“Crenshaw Building”) commencing August 1, 2018 at a monthly rate of $18,644 for total value of $1,189,092 including annual escalations of three percent, with a five-year option to extend commencing August 1, 2023, for $1,378,500 costing a combined $2,567,592 over the ten-year term.   Not available Not available
2017-0816 11.Informational ReportRECEIVE AND FILE the FY18 First Quarter Year-To-Date Financial Performance Report.   Not available Not available
2017-0813 12.ProgramCONSIDER: A. AMENDING the FY18 Adopted budget in the amount of $3.6 million to include Measure M funds to support the Board approved Low Income Fare is Easy (LIFE) program; and B. RECEIVING AND FILING the LIFE Program Update.   Not available Not available
2017-0843 13.Oral Report / PresentationRECEIVE: A. Statement of MTA Board Secretary; B. Oral report on Transfer on 2nd Boarding Readiness Efforts; and C. Public comments.   Not available Not available
2017-0812 14.Informational ReportRECEIVE AND FILE status report on Access Services - ADA Paratransit.   Not available Not available