| Finance Committee - October 6, 2009 |
|
AGENDA FINANCE COMMITTEERescheduled Meeting Notice Date: 11:00 a.m., Tuesday, October 6, 2009
1. Roll Call 2. Approval of Minutes of the September 15, 2009 Meeting - ACTION* attachment 3. Recommend Authorizing the Executive Director to Execute Cooperative Agreements (No. 4-2283 and 4-2137) with Caltrans in a Combined Total Not to Exceed $1,465,000; to Amend the Memorandum of Agreement with the Treasure Island Development Authority; and to Reduce the Professional Services Contract with AECOM by $1,465,000 for the Yerba Buena Island Ramps Improvement Project - ACTION* attachment The Authority is working jointly with the Treasure Island Development Authority (TIDA) on the Yerba Buena Island (YBI) Ramps Improvement Project. Under Memorandum of Agreement (MOA), TIDA has the responsibility to reimburse all Authority costs incurred on the project. Initial reimbursements by TIDA were capped at $3,000,000. In May 2009, the Authority approved an amendment to the MOA with TIDA to increase the authorized amount to $8,800,000 and a corresponding amendment to the AECOM professional services contract. In order to build the YBI ramps in conjunction with the construction of the new Eastern Span of the San Francisco-Oakland Bay Bridge (SFOBB), two critical Cooperative Agreements (No. 4-2283 & 4-2137) need to be executed with Caltrans. TIDA is requesting that the Authority execute these two agreements with Caltrans and a corresponding amendment to MOA to allow for reimbursement of Caltrans estimated capital and support costs. In addition, TIDA is requesting that the Authority amend the terms of the existing AECOM engineering contract consistent with the proposed MOA amendment. The TIDA MOA authorized amount of $8,800,000 will not be increased at this time, but instead funds will be temporarily shifted from the AECOM professional services contract line item. We are seeking a recommendation to authorize the Executive Director to execute Cooperative Agreements (No. 4-2283 and 4-2137) with Caltrans in a combined total not to exceed $1,465,000; to amend the memorandum of agreement with the Treasure Island Development Authority; and to reduce the Professional Services Contract with AECOM for the Yerba Buena Island Ramps Improvement Project. 4. Recommend Award of a Two-Year Consultant Contract, with an Option to Extend for Two Additional One-Year Periods, to C2PM in Amount Not to Exceed $3,700,000 for Construction Management Support Services for Doyle Drive Replacement Project and Authorize the Executive Director to Negotiate the Non-Monetary Provisions - ACTION* attachment The Authority seeks construction management support services for the Doyle Drive Replacement Project, as needed, to support the Authority and California Department of Transportation (Caltrans) engineering, inspection and project control efforts during construction. On August 31, 2009, the Authority issued a Request for Proposals (RFP) for consulting services for the project. The Authority received five proposals by the deadline of September 22, 2009, and the selection panel, comprised of representatives from the Authority, Caltrans, and the Presidio Trust, interviewed selected teams on September 28, 2009. Based on a competitive selection process, a multi-agency selection panel recommended the award of the consultant contract to C2PM for Construction Management Support Services. We are seeking a recommendation for the award of a two-year consultant contract, with an option to extend for two additional one-year periods, to C2PM, in an amount not to exceed $3,700,000, for Construction Management Support Services for the Doyle Drive Replacement Project and authorize the Executive Director to negotiate the non-monetary provisions. 5. Recommend Authorizing the Executive Director to Execute and Deliver an Amendment to the Credit Agreement and Related Amendments to Certain Other Documents Relating to the Authority's Commercial Paper Notes, and to Take All Actions Necessary in Connection with Such Amendments - ACTION* attachment In March 2004, the Authority issued an initial tranche of $50,000,000 and, in September 2004, a second tranche of $100,000,000 of a programmed $200,000,000 aggregate principal amount of commercial paper notes (Limited Tax Bonds), Series A and B (the "Notes"). The commercial paper notes are issued to provide a flexible source of financing for the voter-approved Prop K Expenditure Plan. To support the payment of principal and interest on maturing notes, the Authority obtained a line of credit (the "Credit Agreement") from Landesbank Baden-Württemberg, acting through its New York Branch ("LBBW"). Pursuant to the original terms, LBBW can terminate the agreement on April 13, 2010. LBBW has proposed to continue the line of credit until April 13, 2013, contingent upon the Authority's agreement to new terms and conditions set forth in a term sheet provided by LBBW. We are seeking a recommendation to authorize the Executive Director to execute and deliver an amendment to the Credit Agreement and related amendments to certain other documents relating to the Authority's Commercial Paper Notes, and to take all actions necessary in connection with such amendments. 6. Update on State Budget Cuts to Transportation - INFORMATION 7. Introduction of New Items - INFORMATION 8. Public Comment 9. Adjournment
Please note that the meeting proceedings can be viewed live at http://www.sfgov.org/sfgtv or that evening at 6:00 pm on Cable Channel 26 in San Francisco, with a repeat on the weekend (either Saturday or Sunday evening). To know the exact cablecast times for weekend viewing, please call SFGTV at (415) 557-4293 on Friday when the cablecast times have been determined. In order to assist the City's efforts to accommodate persons with severe allergies, environmental illnesses, multiple chemical sensitivity or related disabilities, attendees at all public meetings are reminded that other attendees may be sensitive to various chemical based products. Please help the City accommodate these individuals. To obtain a disability-related modification or accommodation, including auxiliary aids or services, to participate in the meeting, please contact Erika Cheng at 415.522.4800 or via email at at least two business days before the meeting. If any materials related to an item on this agenda have been distributed to the Finance Committee after distribution of the agenda packet, those materials are available for public inspection at the San Francisco County Transportation Authority at 100 Van Ness Avenue, Floor 26, San Francisco, CA 94102, during normal office hours. Lobbyist Registration and Reporting Requirements: Individuals and entities that influence or attempt to influence local legislative or administrative action may be required by the San Francisco Lobbyist Ordinance [SF Campaign & Governmental Conduct Code, Sec. 2.100] to register and report lobbying activity. For more information about the Lobbyist Ordinance, please contact the S.F. Ethics Commission at 30 Van Ness Ave., Suite 3900, San Francisco, CA 94102, telephone (415) 581-2300; or website www.sfgov.org/ethics
|
