Agenda

Return

C. 31

To:	Board of Supervisors
From:	INTERNAL OPERATIONS COMMITTEE
Date:	April 26, 2022

Contra

Costa

County

Subject:

RECOMMENDATION FOR APPOINTMENTS TO THE TREASURY OVERSIGHT COMMITTEE

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 04/26/2022

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Diane Burgis, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:	Julie DiMaggio Enea (925) 655-2056
cc:	CAO (Enea) Treasurer-Tax Collector

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: April 26, 2022
Monica Nino, County Administrator

BY:	, Deputy

RECOMMENDATION(S):

REAPPOINT Dennis Reigle to the Public Representative 1 seat, and APPOINT Larry Fernandes to the Public Representative 2 seat and Kenneth Miller to the Board of Supervisors Alternate Representative seat on the Treasury Oversight Committee, all to four-year terms beginning May 1, 2022 and ending April 30, 2026.

FISCAL IMPACT:

No fiscal impact. Members of the Treasury Oversight Committee receive no compensation for their service.

BACKGROUND:

The IOC reviewed Board Resolution Nos. 2020/1 and 2020/2, which stipulate that applicants for At Large/Non Agency-Specific seats on specified bodies are to be interviewed by a Board subcommittee. The Resolutions further permit a Board Committee to select a screening committee to assist in interviewing applicants for appointment. Upon review of the eligible seats, 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, Airport Land Use Commission, 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 Treasury Oversight Committee is responsible for reviewing the County's investment policy, monitoring the performance of County investments, and reporting to the Board of Supervisors. The Committee is composed of seven statutory members and three alternates: County Superintendent of Schools or designee, a representative and an alternate of the Board of Supervisors or their designees, one representative and one alternate elected by a majority of the school and community college districts; one representative and one alternate elected by a majority of the special districts, three public members nominated by the County Treasurer and confirmed by the Board.

On April 30, 2022, the terms of the BOS Member Alternate, Public 1 and Public 2 seats will expire. Following a two-week recruitment conducted by the Treasurer-Tax Collector's Office (media announcement is attached for reference), the County received three applications:

Kenneth Miller (Attended the 2/15/2022 TOC meeting as a member of the public)
Larry Fernandes (Current Alternate Board of Supervisor Representative whose term ends 4/30/2022. Attended 5 out of 6 TOC meetings since 11/17/2020 – 2/15/2022. Mr. Fernandes expressed he would like to be a voting member in Public Representative, Seat 2.
Dennis Reigle (Current Public Representative, Seat 1 whose term ends 4/30/2022. Attended 5 out of 6 TOC meetings 11/17/2020 – 2/15/2022)