Back to Meetings

Finance and Administration Committee Meeting

Meeting Date/Time: 08/24/2021 04:00 PM

Meeting Location:

Zoom Teleconference (See Agenda)

Agenda

Full Agenda Packet

Meeting Details

Due to COVID-19 meetings will not be held on-site at LAVTA, so please see the agenda link for further instructions for joining our Zoom conference meeting and how the public can participate.

1. Call to Order

2. Roll Call of Members

3. Meeting Open to Public
• Members of the audience may address the Committee on any matter within the general subject matter jurisdiction of the LAVTA Board of Directors.
• Members of the audience may address the Committee on items on the Agenda at the time the Chair calls for the particular Agenda item.
• Public comments should not exceed three (3) minutes.
• Agendas are published 72 hours prior to the meeting.
• No action may be taken on matters raised that are not on the Agenda.

4. Minutes of the June 22, 2021 Meeting of the F&A Committee

Recommendation: Approval

5. Treasurer’s Report for June 2021 (Preliminary) and July 2021

Recommendation: Staff requests that the Finance and Administration Committee forward the June 2021 (preliminary) and July 2021 Treasurer’s Report to the Board for approval.

6. DBE Policy Revision

Recommendation: Staff requests that the Finance & Administration Committee forward Resolution 28-2021 revising LAVTA’s DBE policy to the Board for approval.

7. Consideration and approval of the establishment of a California Employers’ Pension prefunding trust account with CalPERS

Recommendation: Staff recommends that the Finance &Administration Committee recommend that the Board approve Resolution 29-2021 establishing a California Employers’ Pension Prefunding Trust (CEPPT) Account with CalPERS for the purpose of refunding LAVTA’s required pension contributions and authorize an initial payment of $100,000 to open the trust account. Additionally, staff requests that the Finance and Administration Committee recommend that the Board authorize the Executive Director to execute the required documentation for participation in the CEPPT.

8. Executive Director’s Report

9. Preview of Upcoming F&A Committee Agenda Items

10. Matters Initiated by Committee Members

11. Next Meeting Date is Scheduled for: September 28, 2021

12. Adjourn

I hereby certify that this agenda was posted 72 hours in advance of the noted meeting.

LAVTA, Executive Assistant /s/ Jennifer Suda 8/20/2021

On request, the Livermore Amador Valley Transit Authority will provide written agenda materials in appropriate alternative formats, or disability-related modification or accommodation, including auxiliary aids or services, to enable individuals with disabilities to participate in public meetings. A written request, including name of the person, mailing address, phone number and brief description of the requested materials and preferred alternative format or auxiliary aid or service should be sent at least seven (7) days before the meeting. Requests should be sent to:

Executive Director
Livermore Amador Valley Transit Authority
1362 Rutan Court, Suite 100
Livermore, CA 94551
Fax: 925.443.1375
Email : frontdesk@lavta.org

Share