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7. INFORMATION ITEMS FROM STAFF OR COMMISSIONERS NOT <br /> REQUIRING BOARD ACTION <br /> A. Amendment of Temporary License Agreement for Transit Hub <br /> (memorandum dated April 28, 2015) 6-9 <br /> 8. CONSENT AGENDA <br /> 9:34 ON MOTION by Commissioner Flescher SECONDED by <br /> a.m. Chairman Davis, the Board unanimously approved the Consent <br /> Agenda, pulling Item 8.E. for discussion. <br /> A. Approval of Warrants—April 10, 2015 to April 16, 2015 <br /> (memorandum dated April 16, 2015) 10-19 <br /> Approved the list of warrants (checks) and wires as supplied by the <br /> Comptroller's office. <br /> B. Approval of Warrants—April 17, 2015 to April 23, 2015 <br /> (memorandum dated April 23, 2015) 20-27 <br /> Approved the list of warrants (checks) and wires as supplied by the <br /> Comptroller's office. <br /> C. Quarterly Investment Report for Quarter Ending 03/31/2015 <br /> (memorandum dated April 24, 2015) 28-40 <br /> Accepted the Quarterly Investment Report for Quarter Ending <br /> March 31, 2015. <br /> D. Quarterly OPEB Trust Report for Quarter Ending 03/31/2015 <br /> (memorandum dated April 24, 2015) 41-43 <br /> Accepted the Other Post Employment Benefits (OPEB) Trust <br /> Report for the Quarter Ending March 31, 2015. <br /> 9:40 E. Change in Investment Policy <br /> A.M (memorandum dated April 24, 2015) <br /> 44-52 <br /> Vice Chairman Solari sought clarity on the Investment policy <br /> changes. Finance Director Diane Bernardo explained that after a <br /> discussion with the County's investment committee they decided to <br /> increase the CD amount from $3,000,000 to $6,000,000, for slightly <br /> higher rates, yet low enough to collateralize, so all banks have an <br /> opportunity to invest in the County's surplus funds. <br /> MOTION WAS MADE by Vice Chairman Solari, SECONDED by <br /> Chairman Davis, to accept Staff's recommendation. <br /> Commissioner Zorc sought further information regarding the <br /> County's reserve requirements. <br /> Board of County Commissioners Meeting <br /> May 5,2015 Page3 <br />