AGENDA
FINANCE
& BUDGET COMMITTEE
Thursday,
March 21, 2002 - 9:30 A.M.
Call
to order:
Directors:
Pam
O’Connor, 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 COMMITTEE’S
SUBJECT MATTER JURISDICTION
ADJOURNMENT