Accept the Investment Report for May 2009 prepared by PFM Asset Management, LLC.

Adopted

Attorney David J. Miller reported that in addition to items contained in the Attorney’s Report, a closed session will take place during the Board meeting to discuss recent negotiations with the Union Coalition.

Mr. Miller provided a status on the pending litigation, Red and White Ferries, Inc., vs. Golden Gate Bridge, Highway and Transportation District, reporting that a Pre-Hearing Conference is scheduled to take place on Monday, July 27, 2009, at which time hearing dates will likely be established. He further stated that results of the Pre-Hearing Conference will be reported out either at the August meeting of the Board of Directors or provided in communication to the Board.

Authorize Concurrence of the Bay Area Toll Authority’s Award of Contracts to Rent A Toll, Ltd., and to Highway Toll Administration, LLC, for Automated Rental Car Toll Payment Through the FasTrak® System

Directors STROEH/BROWN
Resolution No. 2009-061 authorizes concurrence of the Bay Area Toll Authority’s award of contracts to Rent A Toll, Ltd., and to Highway Toll Administration, LLC, for automated rental car toll payment through the FasTrak® system, for a period not to exceed five years.

Adopted

AYES (13): Directors Brown, Campos, Cochran, Dufty, Elsbernd, Grosboll, Kerns, Newhouse Segal, Sobel and Stroeh; Second Vice President Eddie; First Vice President Reilly; President Boro
NOES (0): None
ABSENT (6): Directors Chu, McGlashan, Moylan, Pahre, Sanders and Snyder

Attorney Miller, at the request of President Boro, stated that the Board of Directors would convene in closed session as permitted by the Brown Act to discuss matters related to the labor negotiations with the Union Coalition’s labor negotiator.

After closed session, President Boro called the meeting to order in open session with a quorum present. Attorney Miller reported that the Board of Directors met in closed session, as permitted by the Brown Act, and received a report from the Chair of the Advisory Committee for Labor Relations offering a recommendation as relates to the Memoranda of Understanding as negotiated with the Union Coalition.

Authorize Execution of Memoranda of Understanding Between the Union Coalition and the Golden Gate Bridge, Highway and Transportation District

Directors STROEH/BROWN
Resolution No. 2009-062 authorizes execution of Memoranda of Understanding, incorporating the settlement negotiated between the Union Coalition and the Golden Gate Bridge, Highway and Transportation District on June 30, 2009, including a wage freeze through December 31, 2010 and a 1.75% wage increase, effective January 1, 2011, as well as such other terms and conditions of a non-economic nature negotiated with recognized employee units, for a two-year term, effective July 1, 2009 through June 30, 2011, with the understanding that the effective date of each Memorandum of Understanding will be on the first day of the pay period during which ratification is approved by each employee unit.

Adopted

Director Grosboll inquired as to whether fareboxes affect boarding times. Ms. Mantony stated that currency must be in good condition for the farebox to accept it, but this has had little impact on commuter routes. Staff has been performing outreach in the community to encourage riders to purchase prepaid fare cards which would streamline boarding.

Director Grosboll inquired as to whether statistics are available for on-time bus performance. In response, Ms. Mantony stated that the results show that Golden Gate Transit buses are 90% on time.

All business having been concluded, the meeting was adjourned at 10:35 a.m. in memory of Private First Class Justin A. Casillas, son of Bus Operator Chuck Casillas; Allan Windsor Wendt; Russ Bohlke; Patrick J. Hayes; Kevin Murray; Kip Mackey; Joe Ryan and William Ryan.