Orange County Transportation Authority

Finance and Administration Committee Agenda

Wednesday, May 10, 2023 at 10:30 a.m.

Board Room, 550 South Main Street, Orange, California

Committee Members

Michael Hennessey, Chairman

Patrick Harper, Vice Chairman

Andrew Do

Jamey Federico

Brian Goodell

Steve Jones

Vicente Sarmiento

Any person with a disability who requires a modification or accommodation in order to participate

in this meeting should contact the Orange County Transportation Authority (OCTA) Clerk of the

Board's office at (714) 560-5676, no less than two business days prior to this meeting to enable

OCTA to make reasonable arrangements to assure accessibility to this meeting.

Agenda Descriptions

Agenda descriptions are intended to give members of the public a general summary of items of

business to be transacted or discussed. The posting of the recommended actions does not

indicate what action will be taken. The Committee may take any action which it deems to be

appropriate on the agenda item and is not limited in any way by the notice of the recommended

action.

Public Availability of Agenda Materials

All documents relative to the items referenced in this agenda are available for public inspection at

www.octa.net or through the Clerk of the Board’s office at the OCTA Headquarters, 600 South

Main Street, Orange, California.

Meeting Access and Public Comments on Agenda Items

Members of the public can either attend in-person or listen to audio live streaming of the Board

and Committee meetings by clicking this link: https://octa.legistar.com/Calendar.aspx

In-Person Comment

Members of the public may attend in-person and address the Board regarding any item. Please

complete a speaker’s card and submit it to the Clerk of the Board or notify the Clerk of the Board

the item number on which you wish to speak. Speakers will be recognized by the Chairman at the

time the agenda item is to be considered. Comments shall be limited to three minutes.

Written Comment

Written public comments may also be submitted by emailing them to ClerkOffice@octa.net, and

must be sent by 5:00 p.m. the day prior to the meeting. If you wish to comment on a specific

agenda Item, please identify the Item number in your email. All public comments that are timely

received will be part of the public record and distributed to the Board. Public comments will be

made available to the public upon request.

Call to Order

Pledge of Allegiance

Director Federico

Special Calendar

Taxable Sales Forecast - MuniServices

Sam Kaur/Andrew Oftelie

Overview

Orange County Transportation Authority contracts with several economic specialists to

provide an annual 30-year taxable sales forecast for Measure M2. The latest forecasts

were received in Spring 2023. Thomas Adams, from MuniServices, will provide an update

on the annual forecast and economic outlook for Orange County to the Finance and

Administration Committee.

Attachments:

Presentation

Consent Calendar (Items 2 and 3)

All items on the Consent Calendar are to be approved in one motion unless a Committee

Member or a member of the public requests separate action or discussion on a specific item.

Approval of Minutes

Recommendation

Approve the April 26, 2023 minutes of the Finance and Administration Committee

meeting.

Attachments:

Minutes

Annual Update to Investment Policy

Robert Davis/Andrew Oftelie

Overview

The Treasurer is presenting the Orange County Transportation Authority’s Proposed Fiscal

Year 2023-24 Investment Policy. The governing body of a local agency is required to

annually renew the delegation of authority for the Treasurer to invest, reinvest, purchase,

exchange, sell, or manage public funds for a period of one year. Additionally, and as

recommended under California Government Code Section 53646(a)(2), the Orange

County Transportation Authority is submitting its Proposed Fiscal Year 2023-24 Investment

Policy to be reviewed at a public meeting.

Recommendations

Adopt the Proposed Fiscal Year 2023-24 Investment Policy July 1, 2023.

Authorize the Treasurer, to invest, reinvest, purchase, exchange, sell, and manage

Orange County Transportation Authority funds during fiscal year 2023-24.

Attachments:

Staff Report

Attachment A

Attachment B

Regular Calendar

Agreement for Information Technology Contract Technical Staffing

Tom Young/Andrew Oftelie

Overview

On September 26, 2022, the Board of Directors authorized the release of a request for

proposals for

firm to provide contract technical staffing for data warehouse

administration, SharePoint administration, project management, help desk support,

desktop support, network administration, and application support for the Information

Systems Department. Proposals were received and evaluated in accordance with the

Orange County Transportation Authority’s procurement procedures for professional and

technical services. Board of Directors’ approval is requested to execute an agreement to

provide these services.

Recommendations

Approve the selection of Intratek Computer, Inc., as the firm to provide contract

staffing services for Information Technology technical positions.

Authorize the Chief Executive Officer to negotiate and execute Agreement No. C-2-

2746 between the Orange County Transportation Authority and Intratek Computer,

Inc., in the amount of $23,621,941, for a five-year term effective July 1, 2023

through June 30, 2028, to provide contract technical staffing services for Information

Technology technical positions.

Attachments:

Discussion Items

Fiscal Year 2023-24 Budget Workshop Follow-up

Victor Velasquez/Andrew Oftelie

Overview

Budget staff is available for follow-up questions, issues, or concerns that may have arisen