Agenda

Return

FINANCE COMMITTEE

May 29, 2014
10:30 A.M.
651 Pine Street, Room 101, Martinez

Supervisor Mary N. Piepho, Chair
Supervisor Federal D. Glover, Vice Chair

Agenda Items:

Items may be taken out of order based on the business of the day and preference of the Committee

Introductions

Public comment on any item under the jurisdiction of the Committee and not on this agenda (speakers may be limited to three minutes).

Mr. Tarrell Gamble of Blaylock Beal Van, LLC, addressed the Committee and requested assistance in doing business with Contra Costa County. Vice Chair Federal Glover requested the Mr. Tarrell be put in contact with Antoine Wilson. Chair Piepho requested that staff connect with Mr. Gamble and the Treasurer-Tax Collector's Office and report back to the Committee at the next meeting.

AYE:	Chair Mary N. Piepho, Vice Chair Federal D. Glover
Passed

Staff recommends approval of the Record of Action for the February 24, 2014 meeting.

The Record of Action for the February 24, 2014 meeting was approved as recommended.

AYE:	Chair Mary N. Piepho, Vice Chair Federal D. Glover
Passed

Attachments:

Finance Committee Record of Action February 24, 2014

Accept attached report regarding the Countywide Single Audit for the Fiscal Year Ending June 30, 2013 (also attached).

Lisa Driscoll presented the Countywide Single Audit for the Fiscal Year Ending June 30, 2013 and noted that this was the first audit from the County's new external auditors, Marcias Gini and O'Connell, LLP. Chair Mary Piepho asked for clarification regarding the County's current other post employment benefit liability (OPEB). Lisa Driscoll responded that the County's actuary was working on the 2014 OPEB valuation which is expected to be published in July. The Committee then requested that staff representatives respond to the audit items of their departments. Staff complied. Lisa Driscoll noted that all of the findings had been remedied.

AYE:	Chair Mary N. Piepho, Vice Chair Federal D. Glover
Passed

Attachments:

Report of Countywide Single Audit for the Fiscal Year Ending June 30, 2013

County of Contra Costa Single Audit Reports for the Year Ended June 30, 2013

Discuss and consider the results of the bids for the Contra Costa County sites including pricing alternatives of a Power Purchase Agreement and a Direct Purchase Price.

Brian Balbas presented the Regional Renewable Energy Procurement Solar Project report. Chair Mary Piepho confirmed that the report covered new solar projects for the County. Mr. Balbas quantified the energy savings expected to be achieved by the project, noted that the renewable energy projects will significantly contribute to achieving the County's Municipal Climate Action Plan targets for reduced Greenhouse Gas Emissions from government operations, confirmed that the plan would be to contract out maintenance of the equipment, and recommended the the Committee forward a recommendation for a direct purchase to the full Board of Supervisors by early July.

Attachments:

Regional Renewable Energy Procurement Solar Project

The next meeting is currently scheduled for June 23, 2014.

Adjourn

The Finance Committee will provide reasonable accommodations for persons with disabilities planning to attend Finance Committee meetings. Contact the staff person listed below at least 72 hours before the meeting.

Any disclosable public records related to an open session item on a regular meeting agenda and distributed by the County to a majority of members of the Finance Committee less than 96 hours prior to that meeting are available for public inspection at 651 Pine Street, 10th floor, during normal business hours.

Public comment may be submitted via electronic mail on agenda items at least one full work day prior to the published meeting time.

For Additional Information Contact:

Lisa Driscoll, Committee Staff
Phone (925) 335-1021, Fax (925) 646-1353
lisa.driscoll@cao.cccounty.us