Orange County Transportation Authority  
Finance and Administration Committee Agenda  
Wednesday, May 24, 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 Goodell  
Special Calendar  
There are no Special Calendar matters.  
Consent Calendar (Items 1 through 10)  
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.  
1.  
Approval of Minutes  
Recommendation  
Approve the May 10, 2023 minutes of the Finance and Administration Committee meeting.  
Attachments:  
Minutes  
2.  
Measure M2 Comprehensive Transportation Funding Programs Project Audits  
Gabriel Tang/Janet Sutter  
Overview  
Audits have been completed of 11 projects funded through the Measure M2  
Comprehensive Transportation Funding Programs. Based on audit procedures performed  
of projects by the cities of Anaheim, Buena Park, Irvine, Mission Viejo, Laguna Hills, and  
Orange, the cities complied with Comprehensive Transportation Funding Programs  
guidelines and costs charged to the projects were reasonable, allocable, and adequately  
supported. The Internal Audit Department made recommendations to improve controls in  
relation to audits performed of projects by the County of Orange, and the cities of Costa  
Mesa, Laguna Beach, and San Clemente.  
Recommendations  
A.  
Direct staff to implement one recommendation provided in the audit of the County of  
Orange, Regional Capacity Program, La Pata Avenue Phase II, Project No. 13  
ORCO-ACE-3655, Construction Phase.  
B.  
Direct staff to perform follow up with the County of Orange and the cities of Costa  
Mesa, Laguna Beach, and San Clemente on actions taken to address  
recommendations made.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
Attachment C  
Attachment D  
Attachment E  
Attachment F  
Attachment G  
Attachment H  
Attachment I  
Attachment J  
Attachment K  
Attachment L  
3.  
Amendment  
to  
the  
91 Express  
Lanes  
Riverside  
County  
Transportation  
Commission / Orange County Transportation Authority Facility Agreement  
Kirk Avila  
Overview  
The 91 Express Lanes Riverside County Transportation Commission/Orange County  
Transportation Authority Facility Agreement prescribes the funding transfers between the  
two agencies for costs incurred for the rent and any shared operational expenses in  
relation to the 91 Express Lanes. An amendment is needed to account for the  
reimbursement of shared operating costs incurred by the Riverside County Transportation  
Commission for the period July 1, 2023 through June 30, 2024.  
Recommendation  
Authorize the Chief Executive Officer to negotiate and execute Amendment No. 8 to  
Agreement No. C-5-3828 between the Orange County Transportation Authority and  
Riverside County Transportation Commission, in the amount of $1,452,388, for the  
reimbursement of shared operational expenses through June 30, 2024.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
4.  
Fiscal Year 2022-23 Third Quarter Grant Reimbursement Status Report  
Sam Kaur/Andrew Oftelie  
Overview  
The Quarterly Grant Reimbursement Status Report summarizes grant activities for the  
Orange County Transportation Authority Board of Directors. This report focuses on activity  
for the third quarter of fiscal year 2022-23, covering January through March 2023.  
Recommendation  
Receive and file as an information item.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
Attachment C  
Attachment D  
5.  
Resolution to Establish the Orange County Transportation Authority General Fund  
Appropriations Limit for Fiscal Year 2023-24  
Sam Kaur/Andrew Oftelie  
Overview  
The State Constitution requires that each year the governing body of each local jurisdiction  
shall, by resolution, establish its appropriations limit for the following year pursuant to  
Article XIIIB.  
Recommendation  
Adopt Orange County Transportation Authority Resolution No. 2023-026 to establish the  
Orange County Transportation Authority General Fund appropriations limit at $14,628,424,  
for fiscal year 2023-24.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
6.  
Orange County Transportation Authority Investment and Debt Programs Report -  
March 2023  
Robert Davis/Andrew Oftelie  
Overview  
The Orange County Transportation Authority has a comprehensive investment and debt  
program to fund its immediate and long-term cash flow demands. Each month, the  
Treasurer submits  
a
report detailing investment allocation, performance, compliance,  
outstanding debt balances, and credit ratings for the Orange County Transportation  
Authority’s debt program. This report is for the month ending March 31, 2023.  
Recommendation  
Receive and file as an information item.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
7.  
Resolution  
to  
Establish  
the  
Orange  
County  
Local  
Transportation  
Authority/Measure M2 Appropriations Limit for Fiscal Year 2023-24  
Sam Kaur/Andrew Oftelie  
Overview  
The State Constitution requires that each year the governing body of each local jurisdiction  
shall, by resolution, establish its appropriations limit for the following year pursuant to  
Article XIIIB.  
Recommendation  
Adopt Orange County Local Transportation Authority/Measure M2 Resolution No.  
2023-025 to establish the Orange County Local Transportation Authority/Measure M2  
appropriations limit at $2,210,761,786, for fiscal year 2023-24.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
8.  
Amendment to Cooperative Agreement with the City of Laguna Beach for Public  
Transit Services  
Sam Kaur/Andrew Oftelie  
Overview  
On June 11, 2018, the Orange County Transportation Authority Board of Directors  
approved a cooperative agreement with the City of Laguna Beach for the continued  
operation of public transit services. Board of Directors’ approval is requested to amend  
the cooperative agreement to provide the City of Laguna Beach with additional Federal  
Transit Administration, State Transit Assistance, and SB 1 (Chapter 5, Statutes of 2017)  
State of Good Repair funds.  
Recommendation  
Authorize the Chief Executive Officer to negotiate and execute Amendment No. 4 to  
Cooperative Agreement No. C-8-1679 between the Orange County Transportation  
Authority and the City of Laguna Beach, in the amount of $778,530, for the pass through of  
additional Federal Transit Administration, State Transit Assistance, and SB 1 State of  
Good Repair funding and to extend the expiration date for an additional six months through  
December 31, 2023. This will increase the maximum obligation of the cooperative  
agreement to a total contract value of $4,569,306.  
Attachments:  
Staff Report  
Attachment A  
9.  
Purchase Order for Disk Storage Arrays  
Josh Duke/Andrew Oftelie  
Overview  
On March 15, 2023, the Orange County Transportation Authority issued an invitation for  
bids for disk storage arrays and accessories. The disk storage arrays are required to  
operate all business software applications. Bids were received in accordance with the  
Orange County Transportation Authority’s procurement procedures. The Board of  
Directors’ approval is requested to execute a purchase order for disk storage arrays.  
Recommendation  
Authorize the Chief Executive Officer to negotiate and execute Purchase Order No.  
A53853 between the Orange County Transportation Authority and vCloud Tech, Inc., in the  
amount of $376,739, for disk storage arrays.  
Attachments:  
Staff Report  
10.  
Third Quarter Fiscal Year 2022-23 Procurement Status Report  
Pia Veesapen/Andrew Oftelie  
Overview  
The third quarter procurement status report summarizes the procurement activities for  
informational purposes to the Orange County Transportation Authority Board of Directors.  
This report focuses on procurement activity from January 1, 2023 through March 31, 2023,  
that was approved by the Board of Directors during this period. The third quarter  
procurement status report also projects future procurement activity for the fourth quarter as  
identified in the fiscal year 2022-23 budget.  
Recommendation  
Receive and file as an information item.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
Attachment C  
Attachment D  
Attachment E  
Attachment F  
Regular Calendar  
11.  
91 Express Lanes Financing Documents  
Robert Davis/Andrew Oftelie  
Overview  
On April 24, 2023, the Orange County Transportation Authority Board of Directors directed  
staff to move forward with refinancing the $71.42 million of outstanding bonds secured by  
revenues generated by the 91 Express Lanes. Final approval for the refinancing of the  
outstanding 91 Express Lanes Bonds and the form of the financing documents for the  
proposed transaction is presented for review and approval.  
Recommendation  
Adopt Resolution No. 2023-027, authorizing the issuance of Orange County Transportation  
Authority Senior Lien Toll Road Revenue Refunding Bonds (91 Express Lanes), Series  
2023, in an aggregate principal amount not to exceed $71.42 million, and the execution  
and delivery of related financing documents. The related financing documents include  
forms of the Second Supplemental Indenture, Purchase Contract, Preliminary Official  
Statement, and the form of the Continuing Disclosure Certificate, and taking all other  
actions necessary in connection with the proposed transaction.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
Attachment C  
Attachment D  
Attachment E  
12.  
Preview to the Public Hearing on Orange County Transportation Authority’s Fiscal  
Year 2023-24 Budget and Personnel and Salary Resolution  
Victor Velasquez/Andrew Oftelie  
Overview  
The Orange County Transportation Authority Fiscal Year 2023-24 Budget presents a  
balanced plan of sources and uses of funds while providing for the current and future  
transportation needs of Orange County. The Board of Directors may approve the Orange  
County Transportation Authority Fiscal Year 2023-24 Budget following the public hearing to  
be held at the Board of Directors’ meeting on June 12, 2023, at the following Board of  
Directors’ meeting on June 26, 2023, or in a special meeting convened at their discretion,  
on or before June 30, 2023. The Board of Directors are also asked to approve the  
Personnel and Salary Resolution as part of the budget approval process.  
Recommendations  
A.  
Approve by Resolution the Orange County Transportation Authority’s Fiscal Year  
2023-24 Budget.  
B.  
C.  
Approve the Personnel and Salary Resolution for fiscal year 2023-24.  
Authorize the Chief Executive Officer, or his designee, to negotiate and execute the  
software and hardware licensing, maintenance, and emergency support purchase  
orders, and/or agreements.  
D.  
Approve fiscal year 2023-24 Orange County Transportation Authority member  
agency contribution to the Southern California Regional Rail Authority, operating  
subsidy, in an amount up to $50,750,849, including authorization of federal funding  
to be drawn down directly by the Southern California Regional Rail Authority, in an  
amount up to $9,534,777. In addition, approve the capital and rehabilitation  
expenditure budget contingent upon all member agencies’ approval of their  
respective capital and rehabilitation budgets. The Orange County Transportation  
Authority’s portion of the costs for capital is $4,129,290 and $25,543,785 for  
rehabilitation.  
Also, authorize a working capital reserve contribution of up to  
$7,150,000 to facilitate the funding of capital expenditures and lessen the necessity  
of using operating funds to front capital expenditures.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
Attachment C  
Attachment D  
Attachment E  
Presentation  
Handout  
Discussion Items  
13.  
14.  
15.  
16.  
Public Comments  
Chief Executive Officer's Report  
Committee Members' Reports  
Closed Session  
There are no Closed Session items scheduled.  
17.  
Adjournment  
The next regularly scheduled meeting of this Committee will be held:  
10:30 a.m. on Wednesday, June 14, 2023  
OCTA Headquarters  
Board Room  
550 South Main Street  
Orange, California