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File #: 19-2067   
Type: Orange County Local Transportation Authority Item Status: Passed
File created: 7/26/2019 In control: Finance and Administration Committee
On agenda: 8/28/2019 Final action: 9/9/2019
Title: Environmental Mitigation Program Endowment Fund Investment Report for June 30, 2019
Sponsors: Sean Murdock, Andrew Oftelie
Attachments: 1. Transmittal, 2. Staff Report, 3. Attachment A, 4. Attachment B

Title

Environmental Mitigation Program Endowment Fund Investment Report for June 30, 2019

 

Overview

The Orange County Transportation Authority has developed a Natural Community Conservation Plan/Habitat Conservation Plan, acquired conservation properties, and funded habitat restoration projects to mitigate the impacts of Measure M2 freeway projects.  California Community Foundation manages the non-wasting endowment required to pay for the long-term management of the conservation properties.  Each quarter, the California Community Foundation publishes a comprehensive report detailing the composition of the pool and its performance.  Attached is the quarterly investment report for the Endowment Pool for the period ending June 30, 2019.  The report has been reviewed and is consistent with the pool objectives.

 

Recommendation(s)

Receive and file as an information item.