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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: 6/17/2020 1:00 PM Minutes status: Draft  
Meeting location: Virtual Online Meeting Watch online: http://boardagendas.metro.net OR Listen by phone: Dial +1 (877) 422-8614 and enter extension 3489884#
Comments can be made via: Web: http://boardagendas.metro.net Email: jacksonm@metro.net Post Office Mail: Board Secretary's Office One Gateway Plaza MS: 99-3-1 Los Angeles, CA 90012
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video: eComment: Not available  
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2020-0256 9.ContractAUTHORIZE the Chief Executive Officer to award a four-year base term, with three, two-year options, incentive-based contract, Contract No. PS161339000, to Anthem Workers’ Compensation, LLC to establish, maintain and provide a workers’ compensation managed care service program, including access to the Anthem network, effective July 1, 2020.   Not available Not available
2020-0260 10.ProgramAUTHORIZE the Chief Executive Officer to negotiate and purchase Public Entity excess liability policies with up to $300 million in limits at a cost not to exceed $14.5 million for the 12-month period effective August 1, 2020 to August 1, 2021.   Not available Not available
2020-0350 11.ProgramAUTHORIZE the Chief Executive Officer to negotiate and purchase additional construction project umbrella liability insurance policies (also known as a super excess general liability insurance program) for construction of the Metro Westside Purple Line Extension Section 3 Project (Project) with up to $200 million in additional limits at a cost not to exceed $6.5 million for the period effective July 1, 2020 to July 1, 2027 (and products/completed operations coverage to July 1, 2037).   Not available Not available
2020-0329 12.ResolutionADOPT: A. Transportation Development Act (TDA) Article 8, findings and recommended actions (Attachment A) for fiscal year (FY) 2020-21, as follows: 1. In the City of Avalon there are no unmet transit needs that are reasonable to meet, therefore TDA Article 8 funds once approved by the Board through the budget process, may be used for street and road projects, or transit projects, as described in Attachment A; 2. In the Cities of Lancaster and Palmdale, there are no unmet transit needs that are reasonable to meet; in the Cities of Lancaster and Palmdale and the unincorporated portions of North County transit needs can be met through using other existing funding sources. Therefore, the TDA Article 8 funds once approved by the Board through the budget process may be used for street and road purposes and/or transit, as long as their transit needs continue to be met; 3. In the City of Santa Clarita, there are no unmet transit needs that are reasonable to meet; in the City of Santa Clarita, and the unincorporated portions of the Santa Clarita Valley, existing transit needs ca   Not available Not available
2020-0330 13.PolicyCONSIDER: A. DECLARING that a portion of 5601 Century Boulevard (shown in Exhibit D as the “Fee Interest Property”) is not necessary for use by LACMTA and is “exempt surplus land” as defined in Section 54221(f)(1) of the California Surplus Land Act (the “Act”). B. AUTHORIZING the Chief Executive Officer (“CEO”) to execute documents to sell the Fee Interest Property and a street easement and storm drain easement in a portion of the Aviation Boulevard railroad right of way (shown in Exhibit D as the “Easement Property”) to the City of Los Angeles, Department of Airports, known as the Los Angeles World Airports (“LAWA”) for the amount of One Million, Seven Hundred Thirteen Thousand, and Forty Dollars ($1,713,040.00).   Not available Not available
2020-0394  Informational ReportRECEIVE General Public Comment   Not available Not available