November 20, 2018 - 4:00pm

A G E N D A

MIDPENINSULA REGIONAL OPEN SPACE DISTRICT ACTION PLAN & BUDGET COMMITTEE

ROLL CALL

COMMITTEE MEMBERS: KISHIMOTO, RIFFLE, SIEMENS

ADOPTION OF AGENDA

ORAL COMMUNICATIONS
The Committee Chair will invite public comment on items not on the agenda.  Each speaker will ordinarily be limited to three minutes; however, the Brown Act (Open Meeting Law) does not allow action by the Committee on any item not on the agenda. If you wish to address the Committee, please complete a speaker card and give it to the District Clerk. Individuals are limited to one appearance during this section.

1. Approve the May 30, 2018 Action Plan & Budget Committee Minutes
2.  Amendment to Board Policy 3.08 – Investment Guidelines (R-18-141)

Staff Contact: Michael Foster, Controller
Controller’s Recommendation: Recommend Board approval of the following amendments to Board Policy 3.08 Investment Guidelines:
1. Amend Guideline #3:  Add Local Agency Investment Fund and Reduce Percentage to 20%
2. Amend Guideline #4:  Add Local Agency Investment Fund
3. Partnership support for Tunitas Creek Beach and Cowell-Purisima Trail (R-18-142)

Staff Contact: Stefan Jaskulak, Chief Financial Officer
General Manager’s Recommendation: Review a request for a one-time contribution of $500,000 to support the natural resource restoration, public access improvements, and management of Tunitas Creek Beach, and long-term management of the nearby Cowell-Purisima Trail, which is a segment of the California Coastal Trail.

ADJOURNMENT

Unless otherwise noted, all meetings take place at the District Administrative Office - 330 Distel Circle, Los Altos, CA 94022.

Regular Meeting agendas are posted 72 hours prior to the meeting. Special Meeting agendas are posted at least 24 hours prior to the meeting.

In compliance with the Americans with Disabilities Act, if you need assistance to participate in this meeting, please contact the District Clerk at (650) 691-1200. Notification 48 hours prior to the meeting will enable the District to make reasonable arrangements to ensure accessibility to this meeting.

Minutes usually are not available until two to four weeks after a Board meeting. Please note that formal meeting minutes are not taken at Committee meetings or some Special Meetings of the Board (that is, study sessions or public workshops).