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File #: 19-2217   
Type: Orange County Local Transportation Authority Item Status: Passed
File created: 10/31/2019 In control: Finance and Administration Committee
On agenda: 11/13/2019 Final action: 11/25/2019
Title: Environmental Mitigation Program Endowment Fund Investment Report for September 30, 2019
Sponsors: Robert Davis, Andrew Oftelie
Attachments: 1. Transmittal, 2. Staff Report, 3. Attachment A, 4. Attachment B

Title

Environmental Mitigation Program Endowment Fund Investment Report for September 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 are the quarterly investment reports for the Endowment Pool for the period ending September 30, 2019. The reports have been reviewed and are consistent with the pool objectives.

 

Recommendation(s)

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