AGENDA
FINANCE & BUDGET COMMITTEE
Thursday, March 21, 2002 -
9:30 A.M.
Call to order:
Directors:
Pam OConnor, Chair
Paul Hudson, Vice Chair
Hal Bernson
Yvonne
Burke
Don Knabe
Robert Sassaman, Ex Officio
14. Report of the Chief Financial
Officer.
15. AWARD a five-year, unit rate Contract No. PS-5210-1135 to Bank of America for general and specific banking services, for an amount not to exceed $1,545,474 inclusive of two one-year options, effective June 1, 2002.
16. CONSIDER:
A. adopting a resolution extending the expiration of the taxable commercial paper program by an additional six years until June 30, 2009; and
B. awarding a three-year unit rate Contract No. PS-5210-008 to Landesbank Hessen-Thurigen (Helaba) to provide a $150 million direct pay letter of credit, for an amount not to exceed $1,700,000, including legal fees and other related expenses.
17. CONSIDER:
A. authorizing the Chief Executive Officer to negotiate the terms of and execute the documents necessary to complete a like-kind-exchange defeased-lease transaction with FBS Investments, Inc., a subsidiary of Textron Corporation, as the equity investor, for Metro property generally referred to as the Patsaouras Transit Plaza, including the transit parking (the Property);
B. authorizing payment of fees and transaction expenses not to exceed $1,202,500; and
C. adopting the resolution
authorizing the like-kind-exchange defeased-lease transaction for the Property.
18. APPROVE negotiation and award of All
Risk Property insurance policy and Boiler & Machinery insurance policy for all Metro
property for a cost not to exceed $5.5 million for a 12-month period effective
May 10, 2002 to May 10, 2003.
Consideration
of items not on the posted agenda, including: items to be presented and (if requested)
referred to staff; items to be placed on the agenda for action at a future meeting of the
Committee or Board; and/or items requiring immediate action because of an emergency
situation or where the need to take immediate action came to the attention of the
Committee subsequent to the posting of the agenda.
COMMENTS FROM THE PUBLIC ON ITEMS OF PUBLIC INTEREST WITHIN COMMITTEES SUBJECT
MATTER JURISDICTION
ADJOURNMENT