Committee Members Present Michael Hennessey, Vice Chairman Steve Jones Jeffrey Lalloway John Moorlach Miguel Pulido Frank Ury Staff Present Darrell Johnson, Chief Executive Officer Wendy Knowles, Clerk of the Board Allison Cheshire, Deputy Clerk of the Board Kennard R. Smart, Jr., General Counsel OCTA Staff and members of the General Public Committee Members Absent Todd Spitzer, Chairman Patricia Bates Call to Order The March 13, 2013, regular meeting of the Finance and Administration Committee was called to order by Committee Vice Chairman Hennessey at 10:40 a.m. Pledge of Allegiance Director Jones led in the Pledge of Allegiance. 1. Public Comments Public comments were received under Item 7. Special Calendar 2. MuniServices Presentation This item was deferred to the next regular meeting of this Committee. Consent Calendar 3. Approval of Minutes passed by those present, to approve minutes of the February 27, 2013, meeting. March 13, 2013 Page 1 of 5
4. Review of Orange County Taxi Administration Program Operations Director Moorlach pulled this item to inquire about relations between OCTA and the Taxi Driver Association of Orange County (TDAOC), a group that represents taxi drivers in Orange County, and their concerns with taxi cab waiting lines at John Wayne Airport. Sue Zuhlke, Director, Motorist Services and Special Projects, commented that she recently met with the TDAOC regarding their concerns over what they have to pay in order to operate taxi cabs and OCTAP is working with them to ensure a good partnership with the taxi industry. Additionally Ms. Zuhlke commented that the airport sets the number of cabs at the taxi stand. A motion was made by Director Moorlach, seconded by Director Ury, and declared passed by those present, to receive and file Review of Orange County Taxi Administration Program Operations, Internal Audit Report No. 13-516. Director Pulido was not present to vote on this item. 5. Performance Audit of Measure M2 Environmental Mitigation Program passed by those present, to receive and file Orange County Transportation Authority Measure M2 Environmental Mitigation Program Performance Audit. 6. 91 Express Lanes Corona Customer Service Center Lease Renewal passed by those present, to authorize the Chief Executive Officer to execute Amendment No. 2 to Agreement No. C-4-0384 with C.P.I. Properties, LP, to cover the five-year lease extension for the 91 Express Lanes Corona Office, in an amount not to exceed $414,000. Regular Calendar There were no Regular Calendar matters. March 13, 2013 Page 2 of 5
Discussion Items 7. Fiscal Year 2013-14 Budget Assumptions Sean Murdock, Manager of Financial Planning & Analysis, provided an overview of the guiding principles used to develop the budget as well as the primary revenue and expenditure assumptions for OCTA s major programs and highlighted the following: Measure M2 assumptions; Bus operations assumptions; Rail assumptions; 91 Express Lanes assumptions; and Salary and benefit assumptions. Director Moorlach requested additional information regarding the effect of the recent fare increases on the fiscal 2013-14 budget assumptions. Mr. Murdock commented that there has so far only been a four percent dip in ridership and the forecasted eight percent decrease has not yet been reached. Director Ury requested that a reconciliation of the 91 Express Lanes reserve funds be provided. Public comments were received from Roy Shahbazian, who requested that all transit eligible funds be maximized during the budget development process. Discussion ensued among the Members and staff regarding the apportionments to the Southern California Association of Governments (SCAG) and clarification of the services and benefits provided by SCAG. 8. 91 Express Lanes Debt Kirk Avila, Treasurer and General Manager of the 91 Express Lanes, provided an overview of the 91 Express Lanes debt and highlighted the following: Background of the 91 Express Lanes; 2003 debt issuance; Events of 2008 effects on the debt; Current debt environment; and Recent activity and restructuring options. March 13, 2013 Page 3 of 5
8. (Continued) Committee Vice Chairman Hennessey requested that a listing of the restructuring options be provided to the Committee Members. Director Moorlach requested that staff look into options for paying off the 91 Express Lanes debt. 9. Chief Executive Officer's Report Chief Executive Officer, Darrell Johnson, reported on the following: The second of two Customer Roundtable sessions was recently conducted regarding the February service changes; He and Director Harper recently attended an on board WiFi service demonstration at the Goldenwest Transportation Center on Express Route 701; and Staff will be attending city council meeting over the next several months to provide an overview of what OCTA does and the funding each city received from OCTA. 10. Committee Members Reports There were no Committee Members' reports. 11. Closed Session A Closed Session was held pursuant to Government Code Section 54957.6 to discuss collective bargaining agreement negotiations with Teamsters Local 952 regarding the coach operators' unit. The designated representative for the Orange County Transportation Authority was Paddy Gough, and the designated representative for Teamsters Local 952 was Patrick Kelly. There was no report out on this Closed Session. March 13, 2013 Page 4 of 5
12. Adjournment The meeting adjourned at 12:30 p.m. The next regularly scheduled meeting of this Committee will be held at 10:30 a.m. on Wednesday, March 27, 2013, at the OCTA Headquarters. ATTEST Allison Cheshire Deputy Clerk of the Board Todd Spitzer Committee Chairman March 13, 2013 Page 5 of 5