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INTERNAL OPERATIONS COMMITTEE

Meeting Date:	04/09/2018
Subject: INTERVIEW CANDIDATES FOR THE TREASURY OVERSIGHT COMMITTEE
Submitted For:	Russell Watts, Treasurer-Tax Collector
Department:	Treasurer-Tax Collector
Referral No.:	IOC 18/5
Referral Name:	Advisory Body Recruitment
Presenter:	Brice Bins, Chief Deputy Treasurer-Tax Collector	Contact:	Brice Bins 925.957.2848

Information

Referral History:

In 2013, IOC reviewed Board Resolution Nos. 2011/497 and 2011/498, which stipulate that applicants for At Large/Non Agency-Specific seats on specified bodies are to be interviewed by a Board Committee. The IOC made a determination that it would conduct interviews for At Large seats on the following bodies: Retirement Board, Fire Advisory Commission, Integrated Pest Management Advisory Committee, Planning Commission, Treasury Oversight Committee (TOC), Airport Land Use Commission, Aviation Advisory Committee and the Fish & Wildlife Committee; and that screening and nomination fill At Large seats on all other eligible bodies would be delegated each body or a subcommittee thereof.

The purpose of the TOC is to review the County's investment policy; regularly monitor the County Investment Pool's performance; and report on the pool's performance to the Board of Supervisors.

The TOC is composed of two ex-officio and seven appointed members: the County Treasurer; the Auditor-Controller; one representative appointed by the Board of Supervisors; the County Superintendent of Schools or designee; one representative selected by a majority of the presiding officers of the governing bodies of the school districts and the community college district in the county; one representative selected by a majority of the presiding officers of the legislative bodies of the special districts in the county that are required or authorized to deposit funds in the County Treasury; three members of the public, a majority of whom shall have expertise in, or an academic background in, public finance and who shall be economically diverse and bipartisan in political registration.

The IOC conducts the application and interview process for the three public member seats and the BOS representative seat.

Referral Update:

On April 30, 2018, the terms of the Public Member #1 and #2 seats will expire. A recruitment was conducted by the Treasurer-Tax Collector's Office and the following individuals submitted applications, which are attached.

Makalia Aga (El Cerrito)
Edgar Grubb (incumbent; Walnut Creek)
Dennis Reigle (Danville)
Parm Sandhu (Danville)
Laura Sarapochillo (El Sobrante)

All of the candidates were invited to interview with the Committee today.

Also attached for the Committee's consideration is the recommendation of the Treasurer-Tax Collector.

Recommendation(s)/Next Step(s):

INTERVIEW candidates for the Public Member #1 and #2 seats on the Treasury Oversight Committee for four-year terms effective May 1, 2018 through April 30, 2022, and DETERMINE recommendations for Board of Supervisors consideration.

Fiscal Impact (if any):

No fiscal impact.

Attachments
Recommendation of the Treasurer-Tax Collector on Potential Appointments
Treasury Oversight Committee Roster April 2018
Candidate Application_Makalia Aga_TOC
Candidate Application_Edgar Grubb_TOC
Candidate Application_Dennis Reigle_TOC
Candidate Application_Parm Sandhu_TOC
Candidate Application_Laura Sarapochillo_TOC