September 12, 2008

SUMMARY OF THE BOARD OF DIRECTORS
MEETING OF SEPTEMBER 12, 2008

     
1.
Authorized execution of a Professional Services Agreement with DMJM Harris, in an amount not to exceed $2,780,000, relative to Request for Proposals No. 2008-B-5, Environmental Studies and Preliminary Design for a Moveable Median Barrier on the Golden Gate Bridge, subject to the Golden Gate Bridge, Highway and Transportation District receiving approval from the Federal Highway Administration and the State of California, Department of Transportation; and, established a contingency reserve in the amount of $278,000.
     
2.
Authorized the General Manager to enter into negotiations with Washington State Ferries for the acquisition of two previously constructed vessels, as a possible alternative to the purchase of a new high-speed ferry.
     
3.
Approved the following actions relative to Request for Proposals No. 2009-D-1, Insurance Advisor and Brokerage Services:
 
a.
Authorized execution of a Professional Services Agreement with ABD/Wells Fargo Insurance Services, in an amount not to exceed $238,700, for the Liability Insurance Program, for a three-year term, with two successive one-year options, subject to the approval of the General Manager or her designee; and,
 
b.
Authorized execution of a Professional Services Agreement with Alliant Insurance Services, Inc., in an amount not to exceed $257,446, for the Marine Insurance and the Property Insurance Programs, including a claims contingency of $20,000 for Marine claims adjusting services, for a three-year term, with two successive one-year options, subject to the approval of the General Manager or her designee.
     
4.
Received the Updated Five- and Ten-Year Financial Projection, as revised.
 
5.
Received the OPEB (Other Post-Employment Benefits) Retirement Investment Trust Board’s FY 07/08 Annual Report.
 
6.
Approved adoption of the Record Retention Program for E-mail Communications.
     
7.
Approved an amendment to the California Public Employees Retirement System (CalPERS) Pension Plan to allow employees to purchase service credit on a pretax basis, relative to a change in the title of the membership coverage group from “70002” to “All Miscellaneous Coverage Groups.”
     

 

 

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