December 16, 2005

Revised: 12/20/05

SUMMARY OF THE BOARD OF DIRECTORS

MEETING OF DECEMBER 16, 2005

1.

Authorized exercising the option for a one-year extension of the Professional Services Agreement with Redman Ventures, Inc., at the rate of $15,000 per month, for a total cost of $198,450, relative to Contract No. 98-B-7, Toll Revenue System, to provide software support services for the FasTrak™ plaza/host computer system, effective February 1, 2006 through January 31, 2007.

   
2.

Authorized exercising the option for a one-year extension of the Maintenance Agreement with InTranS Group, Inc., at the rate of $27,395.30 per month, for a total cost of $328,743.60, relative to Contract No. 98-B-7, Toll Revenue System, to provide hardware and software support services for the FasTrak™ lane equipment, effective February 1, 2006 through January 31, 2007.

   
3.

Authorized a one-year extension of the Professional Services Agreement with OSI Collection Services, Inc., at a commission rate of 29% on collections and 29% on judgments, relative to RFP No. 2005-D-4, FasTrak™ Collection Services, for the collection of outstanding toll revenue from unpaid FasTrak™ violation notices and delinquent FasTrak™ accounts, effective February 1, 2006 through January 31, 2007.

   
4.

Approved actions relative to the asset transfer of twenty 1998 40-foot NOVA surplus buses.

   
5.

Approved extension of two limited-term positions relative to the Financial Management Information System (FMIS) project and to the District’s real estate activities, as follows:

     
  a. Limited-Term Human Resources/Payroll Lead position through June 30, 2006, at the current compensation and benefits levels; and,
  b.

Limited-Term Real Estate Specialist position through June 30, 2006, at the current compensation and benefits levels, and authorized a budget increase in the FY 05/06 District Division Operating Budget.

   
6.

Approved reorganization and staffing changes in the Communications and Electronics Unit and in the Engineering Department, with recommended salary and fringe benefits.

   
7.

Approved Board of Directors Meeting Schedule for the Year 2006.

   
8.

Approved the Following Slate of Officers of the Board of Directors for the Year 2006:

Maureen Middlebrook, President

John J. Moylan, First Vice President

Albert J. Boro, Second Vice President

 

/s/ Janet S. Tarantino, Secretary of the District