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: 8/19/2020 1:30 PM Minutes status: Draft  
Meeting location: Virtual Online Meeting Watch online: OR Listen by phone: Dial +1 (877) 422-8614 and enter extension 3489884#
Comments can be made via: Web: Email: 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  
File #Agenda #TypeTitleActionResultAction DetailsAudio
2020-0533  Informational ReportRECEIVE General Public Comment   Not available Not available
2020-0421 9.Informational ReportRECEIVE AND FILE Office of Inspector General (OIG) final reports on the Statutorily Mandated Audit of Miscellaneous Expenses for the Periods July 1, 2019 to September 30, 2019 and October 1, 2019 to December 31, 2019   Not available Not available
2020-0455 6.PolicyDECLARING that a portion of 6111 Wilshire Boulevard (shown in Attachment A) is not necessary for use by LACMTA and is “exempt surplus land” as defined in Section 54221(f)(1) (C) of the California Surplus Land Act (the “Act”).   Not available Not available
2020-0477 7.AppointmentAPPROVE: A. Richard Stanger, the recommended nominee for area of expertise C, Transit professional with a minimum of ten (10) years of experience in senior-level decision making in transit operations and labor practices; and B. Gregory Amparano, the recommended nominee for area of expertise E, Professional with demonstrated experience of ten (10) years or more in the management of large-scale construction projects.   Not available Not available
2020-0483 5.PolicyAUTHORIZE the Chief Executive Officer (“CEO”) to execute documents to sell various permanent and temporary easements (“Easements”) as described in Exhibit A in a portion of the Southwest Yard Maintenance Facility located at 5623 - 5698 West Arbor Vitae Street to the City of Los Angeles World Airport (“LAWA”) for the amount of Six Hundred Fifty-Six Thousand and Ninety-One Dollars ($656,091.00).   Not available Not available
2020-0416 11.ContractCONSIDER authorizing the Chief Executive Officer to: A. APPROVE the establishment of 19 contract agreements for professional services under the Real Estate Appraisal Services Bench, with the contractors recommended in Attachment A-1 for a five-year base period in the amount of $34,500,000, with two, one-year options, for $3,500,000 and $2,064,500, respectively, with a funding amount not to exceed cumulative total of $40,064,500, subject to resolution of protest(s) if any. B. AWARD Task Orders within the approved not-to-exceed cumulative total value of $34,500,000.   Not available Not available
2020-0466 10.Informational ReportRECEIVE AND FILE FY21 Budget Development Update.   Not available Not available
2020-0484 8.Informational ReportRECEIVE AND FILE Management Audit Services (MAS) FY 2020 fourth quarter status report and cumulative year-end report.   Not available Not available