Chicago Transit Authority Board Committee on Finance, Audit & Budget met May 18.
Here is the minutes provided by the Board:
Agenda: The posted agenda for the meeting can be found at www.transitchicago.com, “About CTA”, “Transit Board Meetings”, “Meeting Notices, Agendas, and Minutes”, “4/18/2018”, “Committee on Finance Audit, and Budget”, “Agenda”.
Roll Call: Present: Committee Chairman Silva, Irvine, Peterson, Miller, Alva Rosales,(Youngblood absent). There was a quorum of five committee members present.
Committee Action: The committee reviewed the Finance report and approved the March 14th, 2018 committee minutes.
Then, after extensive review by the committee, Chairman Silva asked for a motion to place certain recommended approved items on the omnibus for Board approval. The recommended items included all agenda items, except Contract Award Recommendation number G-1, the Adobe Change Order contract. After the motion was moved and seconded, the motion was approved with five yes votes.
Chairman Silva then asked for a motion to approve and recommend contract number G-1. After the motion was moved and seconded, the motion was approved with four yes votes and one abstention (Alva Rosales). The approved contracts are as follows:
1 Contract Number C14FI101554098: $5,155,824.00
2 Contract Number B17OP00750: $600,000.00
3 Contract Number B18OP03569: $625,000.00
4 Contract Number C17CT101945613R3: $997,000.00
5 Contract Number C17CT102065526: $422,338.00
6 Contract Number C17CT102090370: $495,195.00
7 Contract Number B12OP04121: $175,000.00
8 Contract Number B17OP00101: $240,000.00
9 Contract Number B17OP00636: $1,050,000.00
10 Contract Number B17OP00807: $1,150,000.00
11 Contract Number C17FT101995845R: $152,975,000
12 Contract Number B14OP03638: $4,132.50
Motion To Adjourn: Chairman Silva asked for a motion to adjourn the Finance, Audit, and Budget committee meeting of April 18th, 2018. After the motion was moved, the motion was approved by unanimous voice vote.