HomeMy WebLinkAboutMINUTES - 04172012 - C.29RECOMMENDATION(S):
APPOINT the following individuals to the Treasury Oversight Committee to the seats and
terms list below:
Board of Supervisors Representative seat: Donald Bouchet, address on-file. Term: May 1,
2012 - April 30, 2016 (Reappointment)
Public Seat No. 1: Jerome Hatfield, address on-file. Term: May 1, 2012 - April 30, 2016
(Reappointment)
Public Seat No. 2: Edgar Grubb, address on-file . Term: May 1, 2012 - April 30, 2016
(Reappointment)
Public Seat No. 3: Dan Heinrich, , Danville, CA 94506. Term: May 1,
2012 - April 30, 2016
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 04/17/2012 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I
Supervisor
Mary N. Piepho, District III
Supervisor
Karen Mitchoff, District IV
Supervisor
Federal D. Glover, District V
Supervisor
ABSENT:Gayle B. Uilkema, District II
Supervisor
Contact: Timothy Ewell,
925-335-1036
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 17, 2012
David Twa, County Administrator and Clerk of the Board of Supervisors
By: Carrie Del Bonta, Deputy
cc:
C.29
To:Board of Supervisors
From:INTERNAL OPERATIONS COMMITTEE
Date:April 17, 2012
Contra
Costa
County
Subject:APPOINTMENTS TO THE TREASURY OVERSIGHT COMMITTEE
FISCAL IMPACT:
No fiscal impact.
BACKGROUND:
The Board of Supervisors established the Treasury Oversight Committee on January 1,
1996 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. This
legally mandated body may have no fewer than three nor more than 11 members. The
current configuration comprises seven members: 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; and 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. Terms for membership are for four years.
On April 9, 2012, the Internal Operations Committee considered and approved the
recommended individuals for consideration and appointment by the Board of Supervisors.
CONSEQUENCE OF NEGATIVE ACTION:
Appointments will not be made for the next term of office for the listed seats.
CHILDREN'S IMPACT STATEMENT:
No impact.