Board of Directors

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June 9, 2006

SUMMARY OF THE BOARD OF DIRECTORS
MEETING OF JUNE 9, 2006

     

1.

Authorized the General Manager to execute an amendment to the Pass-through Agreement with the Metropolitan Transportation Commission for the TransLink® project.
 
2.
Approved renewal of the Liability Insurance Program.
 
3.
Approved renewal of the Health and Benefit Insurance plans.
 
4.
Adopted the FY 06/07 Operating and Capital Budgets, and approved the following related actions:
 
 
a.
District workplans, goals and objectives, as contained in the Budget document;
 
b.
A 2% negotiated salary increase for employees represented by the Amalgamated Transit Union, Local No. 1575;
 
c.
Changes to the Reserve Structure; and,
 
d.
Changes to the Table of Organization.
     

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