Bay Area Metro Center

375 Beale Street

San Francisco, CA 94105

Meeting Minutes

Bay Area Infrastructure Financing Authority

Alfredo Pedroza, Chair Nick Josefowitz, Vice Chair

Wednesday, June 26, 2024

9:50 AM

Board Room - 1st Floor

Roster

Alfredo Pedroza (Chair), Nick Josefowitz (Vice Chair),

Margaret Abe-Koga, Eddie Ahn, David Canepa, Cindy Chavez, Carol Dutra-Vernaci,

Dina El-Tawansy*, Victoria Fleming, Dorene M. Giacopini*, Federal D. Glover,

Matt Mahan, Nate Miley, Stephanie Moulton-Peters, Sue Noack, Gina Papan,

David Rabbitt, Hillary Ronen, Libby Schaaf*, James P. Spering, Sheng Thao

*Non-Voting Members

Chair Pedroza called the meeting to order at 1:05 p.m.

1. Call to Order / Roll Call / Confirm Quorum

11 -

Present:

Chair Pedroza, Commissioner Abe-Koga, Commissioner Canepa, Commissioner

Dutra-Vernaci, Commissioner Fleming, Commissioner Glover, Commissioner Miley,

Commissioner Noack, Commissioner Papan, Commissioner Ronen and

Commissioner Spering

7 -

Absent:

Vice Chair Josefowitz, Commissioner Ahn, Commissioner Chavez, Commissioner

Mahan, Commissioner Moulton-Peters, Commissioner Rabbitt and Commissioner

Thao

Non-Voting Commissioners Present: Commissioner Giacopini and Commissioner Schaaf

Non-Voting Commissioner Absent: Commissioner El-Tawansy

2. Chair's Report

There was nothing to report.

3. Consent Calendar

Upon the motion by Commissioner Spering and seconded by Commissioner

Dutra-Vernaci, the Authority unanimously approved the Consent Calendar by the

following vote:

11 -

Aye:

Chair Pedroza, Commissioner Abe-Koga, Commissioner Canepa, Commissioner

Dutra-Vernaci, Commissioner Fleming, Commissioner Glover, Commissioner Miley,

Commissioner Noack, Commissioner Papan, Commissioner Ronen and

Commissioner Spering

7 -

Absent:

Vice Chair Josefowitz, Commissioner Ahn, Commissioner Chavez, Commissioner

Mahan, Commissioner Moulton-Peters, Commissioner Rabbitt and Commissioner

Thao

24-0720

24-0746

Approval of BAIFA Minutes of the May 22, 2024 meeting

Authority Approval

3a.

3b.

Action:

Consultant Bench - 2024 Municipal Advisory Services - Cycle 1 for Service

Category: Transportation Financing (Montague DeRose and Associates,

LLC; PFM Financial Advisors LLC; Sperry Capital Inc.)

Action:

Authority Approval

Natalie Perkins

Presenter:

4. BAIFA Network and Operations Committee Report (Dutra-Vernaci)

24-0681

4a.

Bay Area Infrastructure Finance Authority (BAIFA) Resolution No. 36,

Revised - Revision of Exception to Assessment of Penalties

Request for Authority approval of BAIFA Resolution No. 36, Revised -

Revision of Exception to Assessment of Penalties. The resolution offers a

one-time waiver of one violation penalty to all customers, as required by

statute, or a one-time waiver of all violation penalties to customers eligible

for BATA’s low-income payment plan. This would take effect after BAIFA’s

current one-time waiver policy expires on September 30, 2024.

Action:

Authority Approval

Chelsea Gamulo

Presenter:

Upon the motion by Commissioner Dutra-Vernaci and seconded by Commissioner

Canepa, the Authority unanimously adopted BAIFA Resolution No. 36, Revised.

The motion carried by the following vote:

11 -

Aye:

Chair Pedroza, Commissioner Abe-Koga, Commissioner Canepa, Commissioner

Dutra-Vernaci, Commissioner Fleming, Commissioner Glover, Commissioner Miley,

Commissioner Noack, Commissioner Papan, Commissioner Ronen and

Commissioner Spering

7 -

Absent:

Vice Chair Josefowitz, Commissioner Ahn, Commissioner Chavez, Commissioner

Mahan, Commissioner Moulton-Peters, Commissioner Rabbitt and Commissioner

Thao

5. Authority Approval

24-0723

5a.

Bay Area Infrastructure Finance Authority (BAIFA) Resolution No. 54 -

Fiscal Year (FY) 2024-25 Operating and Capital Budgets

Adoption of BAIFA Resolution No. 54 approving the BAIFA FY 2024-2025

Operating and Capital Budgets

Action:

Authority Approval

Presenter:

Oscar Quintanilla Lopez

Upon the motion by Commissioner Canepa and seconded by Commissioner

Noack, the Authority unanimously adopted BAIFA Resolution No. 54. The motion

carried by the following vote:

11 -

Aye:

Chair Pedroza, Commissioner Abe-Koga, Commissioner Canepa, Commissioner

Dutra-Vernaci, Commissioner Fleming, Commissioner Glover, Commissioner Miley,

Commissioner Noack, Commissioner Papan, Commissioner Ronen and

Commissioner Spering

7 -

Absent:

Vice Chair Josefowitz, Commissioner Ahn, Commissioner Chavez, Commissioner

Mahan, Commissioner Moulton-Peters, Commissioner Rabbitt and Commissioner

Thao

6. Public Comment / Other Business

7. Adjournment / Next Meeting

The next meeting of the Bay Area Infrastructure Financing Authority is scheduled to

be held on July 24, 2024. Any changes to the schedule will be duly noticed to the

public