Chaired by Kate Williams

It is recommended by the Operations/Customer Service Committee that the Board of Directors authorize the General Manager & CEO or her designee to award a contract to Flynn Companies in the amount not-to-exceed of $3,015,642 for the Platte Roof Replacement project. Funding for this contract is included in the 2020 Amended Budget.

This Recommended Action supports the following General Manager’s 2020 goals:

Core Goal #1 – Successful Delivery of Transit Service.

Chaired by Shelley Cook

It is recommended by the Financial Administration and Audit Committee that the Board of Directors approves and adopts the revised Fiscal Policy Statement for 2021.

This recommended action supports the following General Manager’s Goals:

Mission-Oriented Goal #3 - Strong Financial Management

Strategic Priority #6 – Move RTD Toward Stable Financial Situation

It is recommended by the Financial Administration and Audit Committee that the Board of Directors adopt the attached Investment Policy which contains recommended changes to reflect a change in ownership of the indices used to benchmark return and risk of the district’s investments.

This recommended action supports the following General Manager’s Goals:

Mission-Oriented Goal #3:  Strong Financial Management

It is recommended by the Financial Administration and Audit Committee that the RTD Board of Directors adopts the 2021 & 2022 Modified Mid-term Financial Plan.

This recommended action supports the following General Manager’s Goals:

Mission-Oriented Goal #3:  Strong Financial Management

COVID-19 Financial Goal:  Identify Funding Sources

2020 Strategic Priority #6:  Move RTD Toward Stable Financial Condition

It is recommended by the Financial Administration and Audit Committee that the Board of Directors adopt Resolution No. ___, Series of 2020 for the adoption of the 2021 Budget, Resolution No. ___, Series of 2020 for the 2021 Budget Appropriation and Resolution No. ___, Series of 2020 for the appropriation of 2021 Previously Appropriated Capital.

This recommended action supports the following General Manager’s Goals:

Mission-Oriented Goal #1 – Successful Delivery of Transit Services

Mission-Oriented Goal #3 – Strong Financial Management

Strategic Priority #6 – Move RTD Toward Stable Financial Situation

It is recommended by the Financial Administration and Audit Committee that the RTD Board of Directors adopts the attached Resolution Number __ (the “Bond Resolution”), authorizing the issuance of Tax – Exempt and Taxable Refunding Private Activity Bonds, Series 2020 (Denver Transit Partners Eagle P3 Project).

This recommended action supports the following General Manager’s Goals:

Mission-Oriented Goal #3:  Strong Financial Management

COVID-19 Financial Goal:  Identify Funding Sources

2020 Strategic Priority #6:  Move RTD Toward Stable Financial Condition

It is recommended by the Financial Administration and Audit Committee that the Board of Directors approves an increase to the contract with RTD’s mobile ticketing vendor, Masabi (contract #16DH050), to a Not-to-Exceed (NTE) value from $1,450,000 to $8,867,000 (difference of $7,417,000), and expansion of the Scope of Work to include Masabi’s Account-Based Ticketing (ABT) feature for the remainder of that contract. 

This recommended action supports the following General Manager’s Goals:

Mission-Oriented Goal #1 – Successful Delivery of Transit Services

Mission-Oriented Goal #3 – Strong Financial Management

2020 Strategic Priority #3 – Enhance Current and Future Transportation Methods

2021 Strategic Priority #4 – Increase Ridership and Improve Rider Experience (Implement Account-Based Ticketing System)

It is recommended that the Board of Directors approve the attached Bank Account Signature Authorization Agreement (the “Agreement”).

This recommended action supports the following General Manager’s Goals:

Mission-oriented Goal #3 – Strong Financial Management

It is recommended by the Financial Administration and Audit Committee that the RTD Board of Directors (“Board”) increase the authority granted to the General Manager or designee to enter into all contracts, real property transactions and intergovernmental agreements for the North Metro Rail Line Project by $35.2 million to a total authorization of $757.5 million. This authority shall include the ability to negotiate and execute all contracts; work orders; change orders and contract modifications; agreements for the acquisition and conveyance of property interests; and intergovernmental agreements that are necessary or advisable to complete the North Metro Rail Line within the scope of the North Metro Rail Line Project budget.

This recommended action supports the following General Manager’s Goals:

Strategic Priority #4:  Increase Ridership, Improve Rider Experience.